Yearly Archives: <span>2021</span>

Sierra Specialty Launches Nationwide Agribusiness Program

Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture industry. The program will target a wide …

Washington Port Commissioner Faces Suit over Helicopter Crash

Three people have filed a personal injury lawsuit against a Port of Skagit commissioner over alleged injuries sustained in a helicopter crash near Cypress Island. Helicopter passengers Christopher Neibauer and Ashley Walker, and Hannah Neibauer, who is married to Christopher …

Washington Insurance Commissioner-Backed Bill to Ban Use of Credit Scores Amended

A Washington bill to ban insurers from using consumers’ credit scores to determine auto and homeowner insurance premiums was gutted by an insurance industry amendment in the Senate Business, Financial Services & Trade Committee on Feb. 15. Senate Bill 5010, …

Fight Brewing over Insurer-Backed California Bill That Includes Autobody Shops

An insurance industry-backed California bill to create a new regulatory board for towing and storage companies under the California Department of Consumer Affairs has drawn opposition from the auto body industry. Assembly Bill 294 was introduced by Assemblyman Miguel Santiago, …

Earthquake Warning System Rolling Out in Oregon, Washington

The earthquake early warning system known as ShakeAlert will be capable of delivering alerts directly to wireless devices in Oregon on March 11 and to Washington state in May, completing the West Coast rollout, the U.S. Geological Survey said. The …

California Mother, Son Arrested for Fraud Involving Aston Martin

Ahmad Haris Tajyar, 45, and his mother, Malalay Tajyar, 70, both of Porter Ranch, Calif., were arrested on one felony count of insurance fraud each after allegedly filing a false auto insurance claim and making fraudulent statements in order to …

California Commissioner Wants Rate Transparency Rules for Wildfire Risk

California Insurance Commissioner Ricardo Lara has proposed new rules to give homeowners and businesses open access to their properties’ wildfire risk scores. The new rules would require insurance companies to provide a consumer with their property’s wildfire risk score, which …

California Bill Would Mandate Minimum Insurance Coverage at Rehabs

Assemblywoman Cottie Petrie-Norris, D-Laguna Beach, in collaboration with California Insurance Commissioner Ricardo Lara, introduced a bill intended to ensure that licensed drug abuse recovery and treatment facilities and recovery residences that contract with the government have minimum insurance coverage levels, …

Stay Independent and Control Your Own Your Destiny

There is nothing wrong with selling your agency at 12-13 times EBITA (earnings before interest tax and appreciation) if that’s what you want. There are nearly 700 firms annually doing precisely that — maybe more if they were all reported. …

Small Businesses Find Optimism with Federal Help

Times are tough for many businesses but there is still some recent data that suggests optimism among small businesses. A new survey of more than 1,000 U.S. small business owners with fewer than 100 employees by Bill.com found that 75% …