December 17, 2010
It’s illegal to text while driving in most U.S. states yet a new study finds such bans do not reduce car accidents and may actually increase insurance claims. Researchers at the Highway Loss Data Institute (HLDI) found no reductions in …
December 17, 2010
Moody’s Investors Service affirmed its A2 insurance financial strength rating for Fireman’s Fund Insurance Co. Moody’s also announced that its outlook for the Novato, Calif.-based insurer remains stable, which is consistent with the stable outlook of its parent company, Allianz …
December 16, 2010
California and federal emergency responders have signed a plan designed to respond to a disastrous earthquake in Southern California. A similar state-federal pact was developed two years ago for dealing with a quake in Northern California. More than 1,500 emergency …
December 16, 2010
CompWest Insurance Co. has joined with Club Learning Institute (CLI) to provide an exclusive workers’ compensation program for golf and country club business. The program is available to private and semi-private Clubs in California and the Western states. The Club …
December 16, 2010
The U.S. Department of Justice has joined the hundreds of lawsuits that have been filed as a result of the Gulf of Mexico oil spill, the largest in U.S. history. The following is a summary of the legal cases stemming …
December 16, 2010
A federal jury in New Jersey has found a California man guilty of selling bogus liability insurance policies. The jury returned its verdict against 62-year-old Ronald Allen of North Hollywood, Calif., following a seven-day trial in Camden. Prosecutors say Allen …
December 15, 2010
Aliso Viejo, Calif.-based LaBarre/Oksnee Insurance has acquired the N.C. Dundas and Associates, a commercial insurance brokerage firm. The acquisition is part of LaBarre/Oksnee’s larger strategic expansion plans that include additional focus on new market support, and follow the company’s headquarters …
December 15, 2010
California Insurance Commissioner Steve Poizner announced that the California Department of Insurance (CDI) has removed Royal Dutch Shell (Netherlands), Shell International Finance (Netherlands), Total SA (France), and Repsol YPF (Spain) from the CDI “List of Companies Doing Business with the …
December 15, 2010
A shipyard carpenter’s last employer is liable for his asbestos exposure when it is unable to rebut with substantial evidence the presumption that the most recent employer is responsible for occupational diseases, the Ninth Circuit Court of California has ruled. …
December 14, 2010
More Californians crash their cars on December 15 than any other day of the year, according to an Allstate Insurance Co. review of its California auto insurance claims over the past four years. The number of accident claims on December …