Articles by Patricia-Anne Tom

Liens Stress California Workers’ Compensation System

Liens are “choking” California’s workers’ compensation system, with employers and insurers spending roughly $200 million per year in the state on loss adjustment expense to handle medical liens claims, a new report indicates. In the Golden State’s workers’ compensation system, …

The Biggest Loser

The adage bigger is better is not necessarily true. Moving larger things — people and objects — requires more physical strain. And recent reports indicate that being super-sized creates economic pains as well. A recent report by the Society of …

Washington Refines Pay-As-You-Drive Legislation

Washington’s Senate Committee on Financial Institutions, Housing & Insurance 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 …

Washington Considers Pay-As-You-Drive Insurance

Washington is considering a proposal that would allow drivers’ insurance rates to be based primarily on the number of miles driven per year. Supporters of the pay-as-you-drive bill, Senate Bill 5730, said pricing insurance per mile is more equitable because …

Growing Waistlines Costing Economy in Large Proportions

Measurements of the cost of obesity to the U.S. economy, as well as the workers’ compensation system are growing, becoming an “epidemic,” according to recent research. The studies show that the total economic cost of an overweight and obese population …

Court: Only English Required in Arizona Uninsured/Underinsured Form

The Supreme Court of Arizona has ruled that the state’s uninsured motorist (UM) and underinsured motorist (UIM) coverage selection or rejection form only needs to be filed in English — even when dealing with Spanish-speaking customers. The Arizona legislature mandates …

CEOs on Main Street

Elsewhere in this issue, we relate the view on Main Street from the perspective of independent agents. But how do property/casualty company CEOs view Main Street and Main Street agents? At the recent Property/Casualty Insurance Joint Industry Forum, several CEOs …

Insurance Industry Can Help Pizzerias Avoid Losses on Super Bowl Sunday

Americans will consumer 30 million slices of pizza on Sunday, making Super Bowl Sunday one of the busiest day of the year for pizza chains. Papa Johns, the official pizza sponsor for Super Bowl XL, expects to have its single …

Super Bowl Risk Management a Team Effort

The Super Bowl XLV may be the biggest game of the year, and to some, it also presents super-sized risk management challenges. The National Football League said it is expecting a record crowd of 105,000 attendees at Cowboys Stadium. Of …

Sacramento Approves ‘Crash Tax’

The Sacramento City Council has adopted a city ordinance approving a “crash tax” on out of town automobile drivers. The “fire recovery charge” will impose a fee on out-of-town drivers who get into auto accidents in order to fund the …