March 11, 2011
The Pacific Warning Tsunami Center said waves that reached Hawaii — up to 7 feet high on Maui — as a result of the 8.9 magnitude earthquake that rocked Japan “are not going to be a major damaging event.” However, …
March 7, 2011
New Zealand’s 6.3 magnitude Christchurch earthquake is expected to be one of the costliest global insurance events since 2008, with total insured losses ranging between $3 billion and $12 billion. And it’s not unthinkable to expect an earthquake of the …
March 7, 2011
A Washington Senate Committee has refined a proposal to allow drivers’ insurance rates to be based primarily on the number of miles driven per year. The PAYD bill, Senate Bill 5730, would allow insurers to offer lower rates to drivers …
March 7, 2011
California has been ranked a “judicial hell-hole,” so it comes as welcome relief to some that the nation is considering, or in some cases has enacted, tort reform measures aimed at reducing the number of meritless lawsuits filed and lowering …
March 7, 2011
Colorado’s Senate Business, Labor and Technology Committee unanimously recommended the confirmation of John Cevette, Blair Richardson and John Plotkin to Pinnacol Assurance’s board of directors. On Feb. 22, 2011, Colorado Gov. John Hickenlooper signed executive orders to appoint John Plotkin …
March 7, 2011
New Zealand’s 6.3 magnitude Christchurch earthquake is expected to be one of the costliest global insurance events since 2008, with total insured losses ranging between $3 billion and $12 billion. And it’s not unthinkable to expect an earthquake of the …
March 7, 2011
Legislators in California and Colorado have proposed new laws that would prohibit communities from charging a fee when police and fire personnel respond to motor vehicle accidents. The city of Sacramento recently adopted just such a “fire recovery charge” on …
February 23, 2011
Legislators in both California and Colorado have proposed new laws that would prohibit communities from charging a fee when police and fire personnel respond to motor vehicle accidents. The city of Sacramento recently adopted just such a “fire recovery charge” …
February 22, 2011
Montana regulators have proposed increasing fines for motorists who are repeatedly caught not carrying automobile liability insurance. The uninsured motorists bill, HB 243, would increase fines on second conviction to $500, up from $350. And a third or subsequent violations …
February 21, 2011
The California State Compensation Insurance Fund is likely to face challenges of medical cost increases and the risk of eroding workers’ compensation reforms in the next year. Yet outgoing board chairwoman Jeanne Cain believes the State Fund is in good …