California agency approves change in auto insurance law A state administrative office approved changes to California’s insurance law, clearing the way for regulations that will force insurers to base premiums on drivers’ records instead of their address. The action should …
Most people hear the word asbestos and think of home insulation, deteriorating ceiling tiles, or scuffed flooring. Few realize the soil in their yard, school athletic field, or neighborhood park might be tainted with the mineral. The July 8 Science …
Spokane diocese settles claims with two insurers The Roman Catholic Diocese of Spokane has reached agreements with two more insurance carriers on payments to cover sexual abuse claims as the diocese’s bankruptcy case heads into mediation. In a statement, Bishop …
New Mexico Insurance Deputy accused of soliciting funds A New Mexico insurance deputy has been placed on leave amid allegations he solicited charitable donations from a company that faced fines from regulators. Dan Mayfield, chief of staff for the state …
Reforms pushing California workers’ comp rates, losses down The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through March 31, 2006, which suggested legislative reforms are working. “This report provides a …
News Currents While states adopt seat belts laws, 29 still balk at motorcycle helmets In Illinois and Iowa, motorists can get tickets for not wearing seat belts. In Connecticut, they are prohibited from talking on cell phones. And in New …
Ill. Attorney General sues Liberty Mutual for alleged bid-rigging Illinois Attorney General Lisa Madigan filed a lawsuit against Liberty Mutual Insurance Company and seven affiliates, alleging that the company and its affiliates participated in a bid-rigging and business-steering scheme. The …
Former FEMA director promotes state, federal disaster mediation Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens, before people who have worked all their lives for everything they have, then all …
City hall suits The cost to New York City of settling legal claims against it has more than doubled since 1995, reaching more than $575 million in 2005, according to the New York City Independent Budget Office. Personal injury claims …
The virtual, global economy challenges, humbles insurance leaders Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are …
