California News

The Threat Remains: With or Without TRIA, Terrorism Still a Top Concern

The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current form. TRIA is set to sunset on …

Business Moves

State Fund Withdraws Plans for Home Office Expansion California’s State Compensation Insurance Fund has announced it has decided to not move forward with the plans for the construction of a new office building adjacent to its headquarters at 1275 Market …

Working With E&S Wholesalers: Be Nice … You’ll Need Them Again!

The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the industry. The so-called “standard” markets shed their underpriced business–along with much …

American Agents Alliance Conference Selling Out Fast

The American Agents Alliance’s Conference and Expo 2005 promises to be one of California’s largest industry events, with more than 1,500 agents expected to attend and participate at the Renaissance Esmeralda in Indian Wells from Sept. 28 — Oct. 2. …

By George Rothert

Working With Your E&S Wholesaler: Be Nice You’ll Need Them Again! The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the …

Oxnard Agency Owner Corbett Passes Away

Bob J. Corbett, co-owner and founder of R.J. Corbett Insurance Services in Oxnard, California, passed away on June 18, 2005 due to injuries sustained in a fatal motorcycle accident at the age of 45. Corbett founded Oxnard-based R.J Corbett Insurance …

‘Line in the Sand’ Unites Agents, Brokers Against Real Enemy: Garamendi

Many of our allies in the fight against the Garamendi Agenda were puzzled by IBA West General Counsel Steve Young’s open hostility toward the Western Insurance Agents Association’s “Line In The Sand” campaign on full display in Insurance Journal’s June …

Agent Leader Hits Hodgepodge of Disclosure Rules by Insurers

While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves are responding to the pressure for disclosure of agent and …

Alliance Files Court Briefs On Behalf of Agents, Brokers in E&O Case

The American Agents Alliance has filed two briefs with the California Supreme Court in an attempt to protect insurance producers from fallout resulting from a recent Appellate Court ruling. On June 30 the state Supreme Court announced it is extending …

Agent Leader Hits Hodgepodge of Disclosure Rules by Insurers

While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves are responding to the pressure for disclosure of agent and …