Yearly Archives: <span>2006</span>

Sam Jones

People Sam Jones, president of property and casualty operations at ABD Insurance and Financial Services, Redwood City, Calif., is retiring from active operating responsibilities to focus more time on his family and the community of Sonoma County. Dan R. Francis …

Keys left in car? Arizona bill would allow insurance hit

News Currents The Arizona Senate wants to provide a financial incentive for motorists to think twice before leaving their keys in an unattended vehicle. The Senate has approved, 16-13, a bill (SB1059) sponsored by Republican Sen. Linda Gray of Glendale …

Report ranks the nation’s top most and least expensive automobiles to insure

Darien, Ill.-based Insure.com has released its second-annual report naming the “Top 10 Least Expensive Autos to Insure” for 2006, along with its companion report, “The Top 10 Most Expensive Autos To Insure.” The top 10 least expensive vehicles for 2006, …

Take the pollution out of your D&O policy

Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report in July 2004, questioning the transparency of environmental …

Agency Advisor

Editor’s note: This is the fourth in a continuing series of articles offering “best practices” suggestions for the hiring process, including training in the independent agency. More information is available at www.iiat.org under Agency Management. Although it’s often true the …

Managing Disasters

Totally ready or just terrorism ready? Is the nation’s terrorism-centric focus hurting its efforts to plan for other disasters? Dr. James L. Valverde Jr., director of economics and risk management for the Insurance Information Institute, posed that question at the …

News Currents

Washington Legislature moves quickly in election year Washington’s legislature wrapped up a short session in March, addressing its budgets and tackling “many controversial issues,” including Columbia River water, medical malpractice and gay rights, according to a report by the Insurance …

Calif. court reinstates class action against lead paint makers

A state appeals court in San Jose, Calif. has reinstated a class-action lawsuit alleging that several paint manufacturers knowingly sold harmful lead-based paint products. The Sixth District Court of Appeal on March 10 reversed a Santa Clara County Superior Court …

California proposesdecrease in workers comp pure premium rates

The Workers’ Compen- sation Insurance Rating Bureau of California (WCIRB) Governing Committee has approved the filing of a 16.4 percent decrease in advisory pure premium rates to be effective July 1, 2006, on new and renewal policies with anniversary rating …

Idaho law would increase attorney’s awards

Idaho is considering a law that would increase the monetary threshold for an automatic award of attorney’s fees from $25,000 to $50,000, with the exception of personal injury claims. Senate Bill 1357 is currently in the House Committee on Judiciary …