As the debate over the high cost of California’s workers’ compensation system intensifies, a documentary by Santa Clara University Professor Yahia Mahamdi reportedly promises to add a new perspective on the issue: the struggle faced by injured workers as they …
The private insurance industry for workers’ compensation would not have enough capital to withstand potential losses on its own should a catastrophic terrorism event, or multiple events, occur, according to the Workers’ Compensation Terrorism Reinsurance Pool Feasibility Study conducted by …
The truth about loss reserve adequacy, from the perspective of a regulator, an investor and an attorney, and the rationale behind the implementation of fair value accounting standards will be among the topics featured at the Spring Meeting of the …
The following is a statement issued by Sam Sorich, president of the Association of California Insurance Companies (ACIC). “The Association of California Insurance Companies commends the Legislature and Governor Schwarzenegger for reaching a resolution on the critical and complex issue …
While winter snows have melted, Illinois Attorney General Lisa Madigan has not forgotten about Illinois consumers allegedly scammed out of $8,000 by a snow plow operator who took payments from suburban consumers then took off without doing the work. Citing …
Insurity Inc., a ChoicePoint company, announced that South Carolina-based Capital City Insurance Company Inc. has selected Insurity’s Commercial Intellisys’ property/casualty policy processing services and software to support its regional commercial P/C business. Jim Skiff, Capital City’s vice president of operations, …
Hotel clients of Fireman’s Fund Insurance Company can now buy an extended package of online employee safety training that satisfies all OSHA requirements for hospitality industry employees, such as housekeepers, clerks, and bellhops. This comprehensive national service, which includes courses, …
StrataCare Inc., a national bill review software solutions and service company announced the acquisition of GenSource Corporation, a provider of fully integrated software systems for administering insurance-related claims and managing risk. The two companies have been operating as strategic partners …
The National Flood Insurance Program (NFIP) is offering new Preferred Risk Policy (PRP) products for both the commercial market and renters markets. NFIP says these policies were created in response to consumer demand for lower-cost flood insurance options, and should …
While violent crimes showed a decrease, California Attorney General Bill Lockyer announced that preliminary statistics show property crimes rose 2.8 percent in the state’s most populous cities and counties in 2003. “Protecting the personal safety of Californians is an essential …