A new study from the California Workers’ Compensation Institute shows that claims from white-collar workers have assumed greater relative importance as the economy has sputtered. The study shows that on average workers’ compensation claims from professionals and clerical workers were …
The California Legislative Analyst’s Office issued a report yesterday that says the state’s General Fund is going to come up $20 billion short when its present budget ends. The report says officials are going to need to deal with this …
The number of Washingtonians with no health insurance will soon reach 1 million, according to a report issued yesterday by the state’s Insurance Commissioner Mike Kreidler. Kreidler also predicts that the cost of uncompensated medical care in the state will …
In an open letter addressed to Barney Frank, the Chairman of the House of Representatives Committee on Financial Services, the largest U.S. insurance trade associations expressed their concerns over the recently passed Financial Stability Act’s possible implications. The letter, signed …
The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on …
The board of directors of California’s State Compensation Insurance Fund (SCIF) appointed Doug Stewart, chief risk officer, as president and CEO on an interim basis, replacing outgoing CEO Janet D. Frank. “The board is very confident that Doug Stewart will …
Construction activities affect nearly every aspect of the U.S. economy. Here are 10 things worth knowing about the construction industry: 1. Contribution to GDP In 2008, the construction industry’s contribution to gross domestic product was $582 billion, or 4.1 % …
Climate change and Doha Round agreements remain doubtful, as last minute efforts to construct a deal all parties can accept remain stymied by national priorities. Although negotiations have been continuing, it now seems as if yet more meeting will be …
After a decade marked by decreases in Hospital Professional Liability claims, the frequency of claims is on the rise and is expected to continue increasing at a one percent annual rate, according to a study released by Aon Corp. in …
In today’s competitive insurance industry and struggling economy, agents are hard pressed to sell anything more than the bare coverage necessities. But while this challenge may seem daunting, it is not without significant rewards. Increased revenue, stronger client relationships, and …
