California Gov. Arnold Schwarzenegger declared the sweeping workers’ compensation changes he pushed through the Legislature two years ago a “huge success,” but critics called them a disaster for injured workers. “Governor Schwarzenegger broke his promise to protect injured workers,” said …
Scientists at Cornell University in New York have come across a management strategy for group decision-making that is sure to set the business world buzzing. When 10,000 honeybees hunt for a new home, usually a tree cavity, they have a …
ACE settles bid-rigging case for $80 million Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and its U.S.-based insurance subsidiaries. …
News Currents The United States’ disaster response agency should be abolished and rebuilt from scratch to avoid a repeat of government failures exposed by Hurricane Katrina, a Senate inquiry has concluded. Crippled by years of poor leadership and inadequate funding, …
Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft and can be found on page 100 of Insurance Journal’s April 17 West region issue. …
Part 1 of a two-part series on Product Recall. Protecting consumers is the number one priority in a product recall. The challenge is whether it can be done without crippling the business. For large and small consumer goods manufacturers and …
Barlocker Insurance Services, The Leavitt Group Barlocker Insurance Services will become part of the Leavitt Group in early June. A definitive letter of intent was signed on April 6, followed by inter-company announcements. While the transaction’s terms were not disclosed, …
California Insurance Commissioner John Garamendi has unveiled enhancements to his proposed regulations that he said follow through on the promise voters sought when they approved Proposition 103 in 1988 -namely, that the price of auto insurance will depend more on …
Andrew J. Valdivia has been elected president of White & Co. Insurance Inc., of Santa Monica, Calif., and will be responsible for property and casualty sales, account development and account management. Valdivia was formerly White’s executive vice president. He joined …
A 30-country poll finds large majorities in all countries believe climate change is a serious problem. No country has more than one in five saying it is not a serious problem. The poll of 33,237 people from all major regions …
