Archive for July, 2008

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Surplus Lines live softening market rest of the industry

Insurance Journal recently interviewed several associations surplus line with regard to their thoughts on the current atmosphere of the surplus lines market and their expectations in 2005. Executive Director Ted Pierce of Surplus Line Association of California, director of the surplus Kendal Lyman Line Association of Washington, money and Gerry, director of Surplus Line Association […]

The protection of privacy creates new customers for States Release

Abuzz assurances have been consulted over the past few weeks in regard to future proposals for changes and new rules of privacy in the context of Congress’ Gramm-Leach-Bliley Financial Modernization Act (GLB).
Each state has already finalized the details of the execution of an aspect of the BAS in connection with the insurance industry (definition of […]

CDI invited to wait before the implementation of the proposed regulations Privacy Policy

We recommend that you wait for the department, prior to the effective dissemination of these provisions. ”
The sentiment was offered during the testimony on February 8, Steve Young, Senior Vice President and General Counsel for the IBA West, in California, a Department of Insurance (CDI) hearing in San Francisco, on the state regulations proposed privacy.
“We […]

The minority officers and women look to open Emerging Markets

Insurance is a question of figures, and just now, the figures are depressing, when it comes to minorities and women agents in the business world. Despite the enormous growth of minorities in the USA and the success of women in many other sectors of activity, whether behind insurance.
According to the Independent Insurance Agents and Brokers […]

W.Va. Strike doctors on insurance costs

The hospitals are in Wheeling, in the northern part of the state sandwiched between Pennsylvania and Ohio. You now have the transfer of emergency operations at another location and to end the procedure provided at the end of the strike by doctors who have planned, are at the end of the month, officials said.
“This is […]

A merger Health Care Teeters me Clash in California, in pursuit of Blue Cross plans

Under the supervision of national authorities and Blue Cross Blue Shield Association, Wellpoint has the right to use widely respect for the Blue Cross names and trademarks. To exercise this right, there must be partners in a dominant position Deal with another company, which is why the treatment of health services has been structured as […]

Safeco wildfire burned by losses

Seattle-based insurer Safeco said fourth-quarter earnings fell to 33 per cent of receivables October wildfires in California and one loss in his car.
Net income fell to $ $ 144.5 million, representing a share of 1.56 $ 216.4 million, or $ 1.96 for the same period a year ago, Safeco said Thursday. Without the benefit of […]

The California Workers’ Compensation industry leadership for a system solvency crisis

Reform and evaluating competitive
Before the passage of California emblem Workers’ Compensation reform legislation in force in the years 1991 and 1993, the Workers’ Compensation system was in need of repair - costs for employers among the highest in the nation and benefits for workers are among the lowest, fraud was rampant.
The reform removes the possibility […]

When your cancellation insurance?

Someone he recalled the crisis in liability insurance, Hit Nonprofits few years ago? More information on this point, someone wants to repeat it? Unfortunately, unless, of Nonprofits adequate precautionary measures, the likelihood of a return to the days of rising insurance premiums and annulled the coverage is very high. What organizations do today, the influence […]

Commission insurance system rockten two giants to stop suspect plan

After stopping studies throwing snow balls, two insurance giants Friday backed a controversial addition Commission decided, and a leader in one of the companies has been ousted.
Marsh & McLennan Cos. Inc., the world’s largest insurance brokers, replaces the Chief Executive of their unit of Marsh Inc., the day after the company was sued by the […]


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