The state of Washington yesterday announced higher workers’ compensation insurance premiums for 2010 than earlier forecasted. In June, the state’s Department of Labor and Industries advised the Workers’ Compensation Advisory Committee on a preliminary basis that an average increase of …
Ever since the Obama Administration said it would not pursue medical marijuana dispensaries, the number of such businesses has exploded in California. Now, a few insurance agents are catering to them. Medical marijuana “is a huge, huge business,” says Rich …
Bill Would Require Green Products, Offer Tax Credits Even As Industry Steps Up Its Own Development A bill recently introduced in California could encourage more ecologically friendly insurance policy products, putting the state again at the fore of pushing, and …
The controversy over the Los Angeles billboard telling the public “You Can’t Trust Mercury Insurance” could soon become a lawsuit. Attorneys for Consumer Watchdog, the group that put up the message, have sent a letter to CBS Outdoor, Inc., the …
Ever since President Barak Obama came into office and his attorney general said the administration would not pursue medical marijuana dispensaries, the number of such businesses has exploded. Now, a few insurance agents are catering to them. Medical marijuana “is …
In a move that was not completely unexpected, California Insurance Commissioner Steve Poizner will file a lawsuit to have the $1 billion sale of State Compensation Insurance Fund (SCIF) assets declared unconstitutional. Poizner said the transaction could lead to skyrocketing …
Just a short time after announcing it was leaving the California workers’ compensation insurance market because it was not profitable, direct writing Employers Direct Insurance Co. changed its tune and said it is going to come back, only this time …
A bill just introduced in California could encourage more ecologically friendly insurance policy products, putting the state again at the fore of pushing, and leading, for greener public policies. The bill, which has been titled the California Green Insurance Act …
The state of California plans to sell off some of its State Compensation Insurance Fund, which writes workers’ compensation policies, for $1 billion. Or does it? A growing number of officials and experts now think the sale, adopted as part …
