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, …
Seattle-based Safeco has reported its net income for the fourth quarter of 2005 was $190.7 million, compared with $179.8 million during the same period the previous year. For the full year, Safeco reported net income of $691.1 million, compared with …
Oregon has started its program to track medical errors at hospitals and determine what could have been done to prevent them. The Oregon Patient Safety Commission unanimously approved rules and guidelines for its effort to get hospitals to report serious …
The Jack Abramoff lobbying scandal in Washington, D.C., has prompted many to question the appropriateness of legislative lobbying that has become so much a part of American politics. California leads the nation in money spent for lobbying, according to a …
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 …
To an inexperienced agent, learning the insurance industry’s ropes – and many acronyms – can be difficult. Yet there are many educational opportunities designed to coach young agents into better performers and top sellers. One such program is the National …
ARIZ. WILDFIRE SEASON Experts Say Devastation Ahead WASH. EMERGENCY MANAGEMENT Funds Come From State, Not Insurers CALIF. WORKERS COMP TAKES TURN FOR THE BETTER NONPROFITS INVITE NEW EXPOSURES
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 …
Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …
Denver court denies class action certification in Morris v. Travelers U.S. District Court Judge Edward Nottingham has denied a class certification in Morris v. Travelers Indemnity Co. of America, according to Morrison & Foerster LLP. The law firm represented Travelers …
