As the California Earthquake Authority (CEA) continues its strategic planning process, its most recent step was to select Paratus Consulting, a newly founded San Francisco-based consultancy, as its financial modeler. Paratus will help the CEA assess its reinsurance and other …
A newsbrief entitled “Failures on the Rise” that appeared in the Jan. 15 issue of IJ had lots of our readers confused as to the status of Fremont. According to Weiss Ratings Inc., an independent provider of ratings and analyses …
The California Court of Appeal has requested that the National Association of Independent Insurers (NAII) file an amicus brief in a case that addresses controversial public policy issues regarding claims handling and liability. The case, Adelman v. Associated International Insurance …
E.W. Blanch Vice Chairman Kaj Ahlmann has said he will step down at the end of the first quarter of 2001 in order to pursue other interests. Until then, Ahlmann will continue as a director, and will focus on the …
On Jan. 17, exactly seven years ago to the day, America experienced its most costly insurance disaster as the Northridge earthquake rumbled through California, killing 60 people and destroying or damaging thousands of homes, businesses and apartment complexes. According to …
With earning season here, Morningstar.com presented the view of its analysts with regard to 10 of the most watched stocks, including Citigroup, as well as what may be on the horizon for those names and what measures will be closely …
A new law that allows Californians to apologize at the scene of an accident without penalty went into effect on Jan. 1. Drivers who had previously held their tongues for fear of admitting guilt can now express their feelings without …
On Jan. 9, Senator John Burton (D-San Francisco) introduced and read for the first time Senate Bill 71, a workers’ compensation bill that may be an important piece in solving California’s workers’ comp crisis. The proposed law calls for the …
The power struggle between the folks over at OSHA and the insurance industry has reached a new level. OSHA’s Ergonomic Program Standard which took effect on Jan. 16 with an implementation date of Oct. 15 is casting an ominous shadow …
Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its insurers, la Réuniuon Aerienne*, are currently stalled. Lawsuits have …
