Yearly Archives: <span>2006</span>

Fire safety leaders tackle how to reduce smoking related fires

Acting United States Fire Administrator Charlie Dickinson and National Fire Protection Association President and CEO James Shannon have completed a report on behavioral mitigation to reduce the number of fires caused by smoking. “Smoking continues to be the No. 1 …

Safeco adds online distribution strategy to sell direct to consumers

Seattle-based Safeco Insurance Companies has decided sell products via the Internet to supplement its existing and preferred sale channel of independent agents, the company reported. The company began exploring this new distribution strategy in March, and based on feedback it …

Insuring Indian country

Indian tribes are no longer merely casino entrepreneurs or cigarette wholesalers. In conjunction with America’s largest corporations, Indians are now engaged in real estate development, banking and finance, telecommunications, wholesale and retail trade, tourism — and consequently, insurance. Consider the …

Washington lowers fine, penalties against self-insured contractor Skanska

Upon further review of more detailed audit information, and as a result of Skanska’s improved handling of workers’ compensation claims, the Department of Labor and Industries (L&I), Tumwater, Wash., has, in a negotiated settlement, cut nearly in half the $136,264 …

Americans increasingly traveling overseas for cheaper surgeries

Americans looking to save money on medical procedures are increasingly traveling overseas for surgeries not covered by their insurance to avoid costly hospital stays in the U.S. The trend is being driven by rising health care costs and frustrated ranks …

WHAT TO INCLUDE IN A DISASTER CONTINGENCY PLAN

While you may not be able to avoid Mother Nature, having a contingency plan can help a company to mitigate loss. A contingency plan should include steps before a loss occurs, emphasized Mel Bangs, director of risk management for Omni …

Re-modeling the models that evaluate risk

“In the past two years, natural disasters have reached an unprecedented frequency and intensity spreading chaos and misery, and leaving countless crumbled, tattered and water-logged properties in their wake. Likewise, the number of people affected by nature’s fury in the …

Keeping tabs on transparency

Quoting from the “Desire Under the Elms” playbill at the Lesher Regional Center for the Arts in Walnut Creek, Calif., Paul Sachs, managing director for the Los Angeles office and Pacific Southwest region for Protiviti, said that the line from …

Developing a program from a book of specialized risks

Do you currently write a book of specialized industry accounts, or have you been trying to get a carrier to give you binding authority? Did you previously have a program, or do you have an idea for a new program/product …

Maximizing your agency’s ROI — Return on internet

Is your insurance agency investing in web initiatives? If so, you are in the minority. While many independent insurance agents have a virtual presence on their insurance carrier sites, most independent insurance agencies still do not have their own web …