The threat of more natural disasters could make 2006 a watershed year in how the insurance industry measures risk. With American carriers revamping their reporting and management structures, insurers are expected to undertake major initiatives regarding enterprise-wide risk management (ERM). …
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 …
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 has …
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 to allow …
Editor’s note:This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for outdoor activities, insurers’ …
Since the Exxon Valdez caused the worst oil spill in the nation’s history, tankers that ship Alaska’s crude oil to the West Coast have become stronger and safer. Two escort vessels guide the tankers out of Prince William Sound. And …
Multi-State Agencies IBA West (Alaska, California, Oregon, Washington). Web site: www.iba west.com PIA West (Alaska, Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Washington). Phone: (888) 246-4466. Western Insurance Agents Association (Arizona, California, Colorado, Nevada and New Mexico). Phone: (800) …
Michael Jackson has been ordered to pay a $69,000 fine and remove 69 employees from his Neverland Ranch in Los Olivos, Calif., for allowing workers’ compensation insurance to lapse at the estate that has been home to elephants, orangutans and …
Good employees are key to your company’s success. The first step in hiring stellar employees is to attract them, similar to how you attract clients. You need to “sell” the potential hire on the benefits of your company, and establish …
Two suspects, Wade Peebles, 55, and Gigi Peebles, 41, have been convicted for workers’ compensation insurance premium fraud, payroll tax fraud and conspiracy, following a California Department of Insurance (CDI) Fraud Division investigation. The Peebles were convicted of three felony …
