March 8, 2004
Underwriting risk is a tricky business whether in a hard or soft market. Competence and experience will always be a hard combination to find, but is greatly valued by strong companies. It’s amazing that even the best underwriters base acceptability …
March 8, 2004
Starting from an early age, I was always interested in the subject of magic. I would watch the great magicians of the day, read books about Houdini and others, and haunt my local magic shop on Saturday afternoons. It wasn’t …
March 8, 2004
The Emmes Group, a strategy consulting and market research organization, and NeoScale Systems Inc., a provider of enterprise storage security solutions for the networked storage and data storage management markets, announced preliminary results of an independent survey conducted by The …
March 8, 2004
AP Wire Service Innocent pleas were entered recently for Oklahoma’s insurance commissioner on felony charges of mismanaging two funds—one set up to provide continuing education for insurance agents and one established to buy shoes for poor children. Carroll Fisher, 64, …
March 8, 2004
Just about everyone has heard about California’s beleaguered workers’ compensation system. And just about everybody has a say on the issue these days, most notably the membership of IBA West. To tackle some of the public policy issues facing agents …
March 8, 2004
March is Ethics Awareness Month in the insurance and financial services industries, and this seems an appropriate time to suggest that the majority of what passes for “ethics training” is having little or no effect on individual or corporate behaviors. …
March 8, 2004
A former workers’ compensation claims adjuster and all eight of her alleged accomplices must now face felony grand theft charges after an investigation by the California Department of Insurance (CDI) Investigation Division revealed a $318,250 fraudulent check scheme. According to …
March 8, 2004
Allstate Insurance Co. and Allstate Indemnity Co. began serving summons and complaints upon a Los Angeles County chiropractor and his wife, accusing them of taking part in schemes designed to defraud the companies. Paul Yan, DC, Winnie Yan and Paul …
March 8, 2004
Nuts & Bolts: Superior Access Insurance Services Inc. is offering a package and commercial auto program featuring a replacement cost with optional ACV, no coinsurance and property value guard automatic increases. Building coverage includes all buildings, completed additions and maintenance …
March 8, 2004
Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property insurance protection or a package of property, general liability and …