California News

Trade Associations Oppose Continuation of Low Cost Auto in California

California’s Low Cost Auto program may or may not continue, depending on the passage of SB 20 (Escutia), which would extend the pilot program beyond its Jan. 1, 2007, sunset date. The bill was re-referred to the Assembly Committee on …

ACIC Responds to Calif. Commissioner Garamendi’s Rate Decrease

The following is a response from the Association of California Insurance Companies in regards to Commissioner John Garamendi’s recommended decrease in workers’ comp rates. Although not fully implemented, reforms enacted over the past two years to overhaul California’s workers’ compensation …

CAS Attendees Hear of Positive Trends in California Workers’ Comp

Insurers, and especially self-insurers, are seeing positive trends as a result of the workers’ compensation reforms in California, experts on the subject told attendees at the recent Casualty Actuarial Society (CAS) Spring Meeting. Roberta Garland, president, Garland Actuarial LLC, and …

Training Your Way to More Distance

Golfers spend literally thousands of hours every season on the driving range, hitting golf balls and working on technique, hoping to find that “magic bullet” that will take their game to the next level. But how many have invested the …

People & Places

Charles Dangelo American International Group Inc.announced that AIG Vice President Charles Dangelo has been appointed AIG’s senior reinsurance officer, effective immediately. In this role, he will be responsible for all outward reinsurance relationships involving AIG companies. Alfred Bergbauer Dangelo will …

Surprising Share of Workers’ Comp Cases Involve ‘Adverse Surprise’ Costs

Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states, according to a new study by …

Computer and Technology

Nuts & Bolts: Encino, Calif.-based NAS Insurance Services is introducing a new computer/technology liability insurance policy. The list of eligible classes is extensive–from data management service to software programming and systems design to security consultants. Among the computer/technology insurance features …

2005 Murray Brothers

Home State Insurance Group’s 13th Annual Spring Round Up in Austin, Texas 2004 Professional Insurance Agents of New Jersey Inc.’s Annual Golf Classic 2005 Idaho Trusted Choice Big “I” Junior Classic 2004 New Jersey Young Insurance Professionals’ Annual Golf Open …

Apartments

Nuts & Bolts: Abram Interstate Insurance Services Inc. is offering a new market for apartments. This new product is a comprehensive apartment building package policy especially designed to meet the needs of owners and managers involved in the commercial apartment …

Individual Copyright Infringement Insurance Prompts a Lawyerly Debate

Despite the recent Supreme Court ruling in MGM v. Grokster favoring the recording industry over makers of music downloading services, copyright infringement is likely to continue. Recording companies sued Grokster for encouraging users of its peer-to-peer services to download copyrighted …