December 6, 2007
Washington Gov. Chris Gregoire has declared a state of emergency, to bring immediate support to areas in the Pacific Northwest affected by storms and flooding. Some media outlets are reporting that Gregoire estimates damages will top $1 billion. On Dec. …
December 6, 2007
The Colorado Supreme Court has ruled that a jury should consider a person’s failure to use a seatbelt when determining damages for pain and suffering resulting from an automobile accident. In Valdez v. Pringle, a jury found that Debbie Jo …
December 2, 2007
Proving rumors true, California Insurance Commissioner Steve Poizner has filed a draft ballot initiative with the state Attorney General’s office designed to reduce the number of uninsured motorists on state roads and highways by imposing fines. The voter initiative, dubbed …
December 2, 2007
Loss control personnel are not often thought of fondly in customers’ minds, according to Steve Anderson, portfolio executive, risk engineering for the Zurich Program Business Unit of Zurich North America. “We deserve this reputation that many of us have had …
December 2, 2007
For the second time in a little more than a month, residents in Malibu, Calif., faced destruction caused by wildfires. The coastal community had been recovering from October’s 4,565-acre Canyon Fire that destroyed six homes and two businesses when the …
December 2, 2007
Sen. Trent Lott, R- Miss., appears to have quieted down since his Hurricane Katrina claim has been settled, so perhaps people will start listening to other senators in Washington on property insurance and natural disaster legislation. Perhaps they will start …
November 27, 2007
Proving rumors true, California Insurance Commissioner Steve Poizner has filed a draft ballot initiative with the state Attorney General’s office designed to reduce the number of uninsured motorists on state roads and highways by imposing fines. The voter initiative, dubbed …
November 18, 2007
New president aims to turnaround workers’ comp insurer As the new president of California’s State Compensation Insurance Fund, Janet Frank is expected to integrate and improve operations at the state workers’ compensation insurer. SCIF faced setbacks over unethical practices in …
November 18, 2007
A recent report from the National Insurance Crime Bureau (NICB) said auto theft statistics from 2006 indicate vehicle theft declined for the third year in a row. According to the NICB, 1.19 million motor vehicles were reported stolen in 2006, …
November 18, 2007
Much to many insurance companies’ dismay, Washington voters approved Referendum 67, with 520,667 or 57 percent of voters in favor of the initiative to allow insureds to collect triple damages if their insurer unreasonably denies a claim or violates unfair …