Yearly Archives: <span>2006</span>

Not all Oil & Gas programs are created equal

What do Dodge Neon, Mazda Miata and Lexus 430 have in common? Simple–they are all the same form of transportation. Each will allow you to control your travel from Point A to Point B but each has its own unique …

Harness the power of seminars

Are you an insurance agent, or are you an insurance educator? If you don’t know the answer, chances are pretty good that you are an agent. Anyone who has sold insurance for even a short period knows that the world …

Earthquakes, floods and wildfires … oh my!

“First and foremost, have some sort of plan. It doesn’t have to be a million dollar plan for the smaller operators but communication needs to be spelled out.” – David Losson In the wake of Hurricane Katrina, the New Orleans …

New Markets

Yacht and boat coverage in Calif., Ariz.Nuts & Bolts: Abram Interstate Insurance Services Inc., Rocklin, Calif., is offering a standalone watercraft program for boats and yachts of all sizes, up to 15 years old. Coverage includes physical damage on hull, …

Fraud Roundup

Calif. pair arrested for fraud, grand theft and conspiracy charges California Insurance Commissioner John Garamendi has reported that Troy Portillo, a body shop manager, and Gabi Zaarour, a parts department manager, were arrested in the city of Torrance for insurance …

Ensuring someone brings home the gold, silver, bronze — and green

While Italians sadly said farewell to the Torino 2006 XX Olympic Winter Games, held Feb. 10-26, insurers are happy the event came and went without a hitch. For the first time, the International Olympic Committee purchased an event cancellation policy …

Agents, brokers want Calif. court to depublish opinion

Insurance Agents and Brokers of the West (IBA West) is hoping the California Supreme Court will “depublish” an appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third parties injured when a policyholder failed to …

Study says Californians unmotivated to prepare for next disaster

Californians believe that their state is prone to disasters, but they see little motivation to prepare for nature’s crushing blows, a new poll has found. The poll, sponsored by the Insurance Information Network of California and Fireman’s Fund Insurance Co., …

CALIF. HOME INSPECTIONS FOR FLOOD DAMAGE BEGIN

Damage inspectors from the Federal Emergency Management Agency (FEMA) have begun meeting with California homeowners and renters who registered for disaster assistance after the severe flooding in December and January. FEMA schedules inspections to verify property damage and losses within …

How should agencies manage premium dollars?

Unlike other sales and service companies, independent insurance agencies have a management function in their daily operations. Most property and casualty insurance agencies agree not only to sell and service insurance products, but they also receive transacted premiums, maintain them …