Monthly Archives: <span>July 2005</span>

Big Boat Insurance for Racers And Cruisers

Nuts & Bolts: U.S. Sailing Assoc., the national governing body for the sport, and Gowrie Barden & Brett, have teamed up to offer a new big boat insurance program for U.S. Sailing members. The program offers comprehensive, customized coverage for …

Motorcycle, Garage Keepers and Open Lot

Nuts & Bolts: MBA Holdings’ subsidiary, National Motorcycle Dealers Association has entered into an agreement with Universal Underwriters Group to underwrite insurance products to franchised motorcycle dealers. Universal Underwriters Group product offerings include: auto inventory physical damage, property, garage liability, …

Internet Basic Liability Protection Policy for Certain Tech Businesses

Nuts & Bolts: St. Paul Travelers launched a basic Internet liability policy aimed at small to mid-size technology. Internet basic liability protection is designed for technology businesses or firms with between $5 million and $100 million in revenues that conduct …

Outsourcing Coverage

Nuts & Bolts: Lexington Ins. Co., a member company of American International Group, launched Outsourcing Protector, a new property insurance offering designed to help companies address the risks of domestic and overseas outsourcing. Outsourcing Protector, an endorsement to Lexington’s multi-peril …

‘Line in the Sand’ Unites Agents, Brokers Against Real Enemy: Garamendi

Many of our allies in the fight against the Garamendi Agenda were puzzled by IBA West General Counsel Steve Young’s open hostility toward the Western Insurance Agents Association’s “Line In The Sand” campaign on full display in Insurance Journal’s June …

American Agents Alliance Conference Selling Out Fast

The American Agents Alliance’s Conference and Expo 2005 promises to be one of California’s largest industry events, with more than 1,500 agents expected to attend and participate at the Renaissance Esmeralda in Indian Wells from Sept. 28 — Oct. 2. …

Alliance Files Court Briefs On Behalf of Agents, Brokers in E&OCase

The American Agents Alliance has filed two briefs with the California Supreme Court in an attempt to protect insurance producers from fallout resulting from a recent Appellate Court ruling. On June 30 the state Supreme Court announced it is extending …

Spitzer Chases Spyware: Why the Insurance Industry Should Do the Same

Now that New York Attorney General Eliot Spitzer is done with the insurance industry, he has set his sight on a larger problem–spyware. Spitzer filed a lawsuit against Intermix Media of Los Angeles due to its activities of secretly installing …

Opinion: Rare Calif. Policy Success Tries to Survive

This month new workers’ compensation insurance rates went into effect in California. And thanks to reforms championed early on by State Sen. Charles Poochigian and Assemblyman Abel Maldonado, and later pushed by Gov. Arnold Schwarzenegger, workers’ comp rates are plummeting. …

People & Places

David Porter Majestic Insurance Companyannounced the appointment of David Porter to the new position of marketing manager for Southern California. Porter has more than 25 years of experience in the industry. Prior to joining Majestic, Porter held executive management positions …