Currents

Understanding D&O risks, exposures and insurance options

What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who provide their time and efforts …

Personality plus or minus in sales

How to use a producer’s unique personality traits in sales A necessary evil. That’s how some people might describe insurance. A producer’s job, of course, is to turn this kind of misguided, industry-swiping thinking around, and make the whole experience …

Study ranks states on workers’ comp premiums; Alaska highest

The Oregon Department of Consumer and Business Services (DCBS) has issued its biennial study on national workers’ compensation premiums, and noted that Alaska has the highest rates of all 50 states and the District of Columbia. In its ranking, Oregon …

A state-based insurance safety net

The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation …

A state-based insurance safety net

The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation …

Zurich agrees to terms to close multi-state bid-rigging probe

In separate but related move, N.Y., Conn., Ill. tell four insurers contingent commissions no longer an option Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the …

Dissecting a claims made policy

Editor’s note: This is the first installment in a three-part series discussing the anatomy of a claims made policy. Parts II and III will be printed in future issues of Insurance Journal’s West region publication. You’ve heard the phrase: “If …

Fla. businesses bemoan skyrocketing insurance costs

Small business owners in the Jacksonville, Fla., area are feeling the pinch of skyrocketing property insurance premiums and more than half of them said they will need to pass those costs on to consumers, according to a recent survey. More …

It Figures

13 The Insurance Institute for Highway Safety announced 13 vehicles that earned its Top Safety Pick awards for 2007. Winners include four cars, seven SUVs, and two minivans. Three of the 13 winning vehicles for 2007 are from Honda, including …

4.4 million Mattel ‘Polly Pocket’ toys recalled after kids swallow magnets

A consumer research group called for warning labels on toys with magnets after more than 4 million Mattel play sets were recalled over injuries to several children who swallowed magnets that fell off. The Consumer Product Safety Commission, which announced …

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