Features

Global P/C Industry Sees Strongest Rate Hikes in 20 Years but Inflation Headwinds Loom

Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis levels this year, creating a faster bounce-back than from the global financial …

$5.5M Settlement Reached in Washington Nurse Lawsuit

A class-action lawsuit brought by thousands of nurses who said they weren’t properly paid for lunch and other breaks has settled with Kitsap County’s main health care system, Virginia Mason Franciscan Health. Under the $5.5 million settlement, nurses will receive …

How Homeowners Insurers Can Prepare for the Cannabis Era

Talk about a growth market. Since Colorado and Washington became the first to pass state laws designed to legalize certain sale and consumption of recreational cannabis in their respective states in 2012, 15 other states have followed suit — including …

Bomb Squad Caused Damaging California Fireworks Explosion, Officials Say

Los Angeles bomb technicians grossly miscalculated the weight of homemade fireworks when they detonated them in a containment chamber, likely causing a catastrophic explosion that injured 17 people and rocked a neighborhood, the police chief said. Chief Michel Moore said …

Is a Fence a Fence?

A question that often arises in homeowners insurance is whether a structure is insured under Coverage A – Dwelling or under Coverage B – Other Structures. The answer can impact both the limit and valuation method that applies. With regard …

California Commissioner Lowers Workers’ Comp Benchmark

California Insurance Commissioner Ricardo Lara adopted and issued lower rates for workers’ compensation insurance benchmark rate by 5 cents to $1.41 per $100 of payroll effective Sept. 1. Lara’s decision results in an average advisory pure premium rate that is …

New Producer Hiring: The 3D Interview

Most people date for six to 12 months before they ever consider getting married. It’s how you get to know what someone is like. You get to know how they deal with traffic jams; do they stay cool and calm …

California Healthcare Provider Paying $37M to Settle Whistleblower Lawsuits

Southern California-based Prime Healthcare Services and two of its doctors will pay $37.5 million to settle whistleblower lawsuits that claimed the hospital system paid kickbacks to one of the physicians and bought his practice for more than it was worth, …

Overcoming the Challenges of COVID-19

COVID-19 has thrown the insurance industry a steady stream of curveballs. And while the pandemic’s effects on health insurance have been front and center, it’s worth mentioning that workers’ compensation insurance has been significantly impacted as well. If you’re feeling …

Former California Insurance Agent Sentenced for Embezzling

Anna Gabriela Garcia, also known as Anna Nuno-Garcia, 48, of Capistrano Beach, Calif., was sentenced in Orange County Superior Court in Santa Ana after pleading guilty to two felony counts of embezzlement and grand theft for collecting premium payments from …

Features Archives by Month