Three months into the new year, the picture for the California workers’ comp market is not pretty, and it’s likely to get worse. Developments in recent weeks-including lowered ratings, carrier losses, declining profits and the ongoing hunt for some kind …
American Sterling Insurance Company terminated the president of its personal lines division, Michael Galati, along with 12 other employees, on Feb. 22. The Laguna Hills, Calif.-based company also suspended alliances with 37 of its producers. “Our senior management at the …
It’s started again. Yep, suddenly everyone wants earthquake insurance. After the 6.8 shakeup in Seattle, who wouldn’t? Like most people who have some kind of friend or relation within 100 miles of Seattle, I called my aunt in Snohomish as …
On Feb. 14, lawmakers, insurers, employers and others gathered in Sacramento to discuss the troubled state of California’s workers’ compensation market. The Assembly Insurance Committee Hearing on Workers’ Compensation was chaired by Assemblyman Thomas M. Calderon, with the goal of …
It was Valentine’s Day, but in Room 437 at the State Capitol, love was not in the air. We were there to hear some serious testimony about a serious issue: California workers’ comp. All the big players were there, and …
American Sterling Insurance Company terminated the president of its personal lines division, Michael Galati, along with 12 other employees, on Feb. 22. The Laguna Hills, Calif.-based company also suspended alliances with 37 of its producers. “Our senior management at the …
On Feb. 14, lawmakers, insurers, employers and others gathered in Sacramento to discuss the troubled state of California’s workers’ compensation market. The Assembly Insurance Committee Hearing on Workers’ Compensation was chaired by Assemblyman Thomas M. Calderon, with the goal of …
In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The problem is significant enough that Nationwide …
In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The problem is such that Nationwide Mutual …
Is it just me, or are we working more and talking less? By talking, I don’t mean those long, pointless meetings where goals are summarized in alphabetical order and mission statements are pummeled into submission statements; but really talking, as …
