April 17, 2006
Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that do not like to deal with middle-men and do not like to purchase insurance through agents. According to …
April 17, 2006
Ogden, Utah, officials are expecting a $2.5 million insurance settlement for a fire that destroyed a building the city had offered for sale at a fraction of that amount. The cause of the March 11 fire that destroyed the 100-year-old …
April 17, 2006
Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic approach when it …
April 17, 2006
If you’ve been writing agricultural and farm insurance for years and think you know everything there is to know about the business, don’t bet the farm. Farm exposures have changed dramatically in the past 50 years and require sophisticated liability …
April 17, 2006
The PIA Western Alliance will be holding its second Moisture Management Summit in Irvine, Calif. with the goal of writing a public policy based on moisture management standards that have already been developed. The PIA’s goal is to take that …
April 17, 2006
Excess Auto Liability Nuts & Bolts: Freberg Environmental Inc. has announced an excess automobile liability program. The program is designed to provide excess limits more than FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch …
April 17, 2006
When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property insurers curtailed their exposure to California quakes a decade ago when they persuaded state lawmakers …
April 17, 2006
Barney & Barney LLC, a San Diego-based risk management consulting and insurance brokerage firm, promoted John Niedernhofer and William Peartree to ownership status within the firm. Niedernhofer heads the firm’s Executive Risk Practice specializing in directors and officers liability and …
April 17, 2006
A bipartisan group of five assemblymembers joined with local elected officials and concerned citizens to support AB 2840, which they say will help ensure fair auto rates for all drivers. Supporters said the bill will be amended. Assemblymembers John J. …
April 17, 2006
A recent announcement by the three major consumer credit reporting agencies that they have created a new credit scoring system is unlikely to have a major effect on insurers’ current use of credit in underwriting and rating for homeowners and …