Articles by Patricia-Anne Tom

New breed of pampered pet services creates market for insurers

With pet-friendly hotels, doggie happy hours and pet massages available today, this world might truly have gone to the dogs–and cats. According to the American Pet Products Manufacturers Association Inc., 63 percent of households, or 69.1 million homes own a …

Industry cannot ignore Hispanic buying power

As might be expected, diversity was discussed in virtually all lines — employment practices liability insurance, commercial, health, Mexican and life — among other agency management topics at the recent Latin American Agents Association 7th annual convention & 1st annual …

Division of Workers’ Compensation Cautions Community About Coercing Medical Evaluators

The California Division of Workers’ Compensation has issued a statement advising that it is “neither ethical nor proper to attempt to coerce medical providers.” According to William Zachry, vice president of corporate workers’ compensation for Safeway and chair of the …

Things that should keep you awake at night

The integration of the U.S. insurance market and global financial market will have a profound impact on business, according to Dave Zwiener, president and chief operating officer of Property and Casualty Operations for The Hartford. Evaluating the industry, Zwiener shared …

Building a construction business

The artisan market is filled with small trade contractors with a couple hundred thousand dollars in receipts and relatively small premiums. Yet that has not stopped NationsBuilders Insurance Services from wanting to service the segment. Peter H. Foley, president and …

California Earthquake Insurance Rates Decreasing

California earthquake insurance policies issued by the California Earthquake Authority will see rate decreases by an average of 22.1 percent, said Nancy Kinkaid, CEA spokeswoman. Approximately 85 percent of CEA policyholders will see their rates reduced beginning July 1, 2006, …

Keeping tabs on transparency

“In life there are lines that shouldn’t be crossed — but when they are, great drama is born.” Quoting from the “Desire Under the Elms” playbill at the Lesher Regional Center for the Arts in Walnut Creek, Calif., Paul Sachs, …

A tale of two New Orleans hotels

If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs, director of risk management for Irving, Texas-based Omni …

New risks, laws continually expand employers’ liability

While insurance agents and brokers probably know employment practices liability should not be taken lightly, they might not be aware of new coverage issues and trends, according to Patricia Carlson of the Insurance Skills Center. Approximately 550 employment lawsuits are …

High-hazard tsunami states could lose precious funding, GAO finds

The Pacific coast states of Alaska, California, Hawaii, Oregon and Washington, as well as Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, face the greatest tsunami hazard, but West Coast states could see the funding to prepare …