Yearly Archives: <span>2006</span>

New Mexico considering commercial lines file and use system

The National Association of Mutual Insurance Companies (NAMIC) and the insurance industry are working with the New Mexico Public Regulation Commission to finalize and implement proposed rate regulations that would convert the commercial lines of insurance to a “file and …

Southern Oregonians seek help after floods

Southern Oregonians whose homes were flooded during recent rainstorms are getting used to waiting. They’ve got to wait for insurance adjusters to tell them how much they’ll cover for damages, and for investigators from the Federal Emergency Management Agency to …

Meetings

Introduction to Insurance Glendale Community College (Calif.) has added new credit courses for training in the insurance industry. Courses were developed as part of a $1.2 million President’s Community-Based Job Training Grant involving 16 California Community College districts and several …

Experts predict devastating Arizona wildfire season ahead

Dry conditions this year and heavy moisture last year could combine to make Arizona’s imminent wildfire season the most devastating yet, experts told Arizona Gov. Janet Napolitano at a roundtable discussion. Wildland fire experts expect fires to occur in both …

Colorado wants to form consumer insurance board to advise commissioner

The Colorado House has introduced a bill that would create a Consumer Insurance Board to provide policy guidance to the Commissioner of Insurance, gather and prepare information for hearings regarding proposed insurance legislation and regulations, annually review the performance of …

ARIZ. COULD DENY BENEFITS TO THOSE WHO TEST POSITIVE FOR DRUGS, ALCOHOL

Arizona lawmakers have preliminarily approved a bill and constitutional amendment that would deny workers’ compensation benefits to employees injured or killed on the job who test positive for alcohol or illegal drugs. Workers who have drugs or alcohol in their …

Nonprofits invite new exposures when they act like for-profits

As they face pressure to do more with less, nonprofit organizations are increasingly modeling some of their fundraising, employment practices and marketing of services after for-profit businesses. According to a recent study, this has risks for charitable, social service and …

AGENCY MANAGEMENT RESOURCE GROUP HOLDS PRODUCER SCHOOL

The Ultimate Producer School, provided by Agency Management Resource Group (AMRG) is hosting its next school starting in April 2006 in Sacramento, Calif. The school combines technical coverage information, emphasizing commercial insurance, with training and business development planning. It also …

Reduced rates and renewed competition in Calif.

California workers’ compensation insurance rates are taking a turn for the better. Thanks to reform legislation, employers should have more access to reasonable rates. In fact, rates are roughly equivalent to 1995 rates, according to the California Division of Workers’ …

FARMERS FINED $1 MILLION

Farmers Insurance Group has been fined $1 million following settlement negotiations about how it handled consumer claims. Farmers, consisting of Farmers Insurance Exchange, Fire Insurance Exchange, Mid-Century Insurance Co., and Truck Insurance Exchange, agreed to the settlement to resolve a …