Prices are improving in the California workers’ compensation insurance market – at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President and CEO James E. Little, prices have been improving as some of …
Increase in Falsified Insurance Applications Tied to Economy One of the many consequences of a tight insurance market during tough economic times is that potential insureds may have difficulty obtaining coverage if they have bad loss records or conditions that …
The New Mexico Public Regulation Commission appointed a new interim insurance superintendent, and the deputy superintendent has resigned. The PRC announced the appointment of Craig Dunbar to replace Deputy Insurance Superintendent Thomas Rushton, who has been serving as interim superintendent …
The California Assembly has passed a bill that would allow video recorders to be installed on vehicle dashboards. The devices could record a vehicle’s speed, where it travels, whether the driver wore a seatbelt and when the brakes were applied …
Nevada’s Business & Industry Director Dianne Cornwall announced that Nevada Insurance Commissioner Scott J. Kipper has resigned. Kipper has been insurance commissioner since December 2008, when he replaced Acting Commissioner Betty Baker who served after longtime Commissioner Alice Molasky-Arman retired …
As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend often is more than …
Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger …
Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the Risk and Insurance Management Society (RIMS) Benchmark Survey …
Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To the casual observer, it would seem that price is the …
Maritime Law May Limit Compensation for Cargo Damages During the Inland Transportation Part of a Journey That Originated Overseas. In disputes regarding damage to cargo transported over land and water, it is important for agents that are placing insurance to …
