September 24, 2007
Insurance Journal West Magazine
Insurance Journal West Magazine
Salute to Surplus Lines Brokers/NAPSLO; Personal Lines Markets; Product Liability
In this Issue
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News CurrentsNews Currents
Farmers Insurance fined $2 million; company refunds $1.4 million... -
FeaturesCEA funding structure to be revamped under legislation sent to governor
p:By a wide margin, California lawmakers have approved a compromise... -
FeaturesCountrywide announces more job cuts to come
Calabasa, Calif.-based Countrywide Financial Corp. has announced... -
News CurrentsNews Currents
Colo. hail damage estimated at $60 million Losses from... -
Closing QuoteCatastrophes: The time to act is now
Two years have passed since America's most shocking wake-up call... -
People & PlacesPeople
The National Association of Professional Surplus Lines Offices named... -
News CurrentsNews Currents
Oregon passes motor vehicle, P/C insurance-related bills The 2007... -
Fraud RoundupFraud Roundup
Everett man gets three years for arson A man who admitted torching a... -
New MarketsMy New Markets
Environmental Consultants-Contractors Nuts & Bolts: As part of the... -
News CurrentsNews Currents
Chubb lowering homeowners rates in Calif. 18.4 percent The California... -
FeaturesCalif. high court rules discovery does not apply to reinsurance documents
The California Supreme Court has ruled that a statute authorizing... -
Workers CompCalif. urges governor to sign workers’ comp bill
The Association of California Insurance Companies is urging Gov.... -
FeaturesAllstate opening service center in Las Cruces
Allstate Insurance Co. announced it is opening a customer service... -
Business MovesBusiness Moves
Endurance Specialty, ARMTech Endurance Specialty Holdings Ltd., a... -
FeaturesLloyd’s America’s Baker: Time for action on climate change is now
For an insurer, understanding climate change is a matter of... -
Editor's NoteEditor’s Note: The natural disaster dilemma
What to do about natural disasters? We can't really prevent them, and... -
FeaturesMaking sense of the subprime mortgage mess
The collapse of the subprime mortgage lending industry has dominated... -
FeaturesMontana’s wildfire suppression funding process convoluted, analysts say
Montana legislative analysts agreed that more money is needed to... -
FeaturesInsurance industry bullish on coming year’s consolidation
Insurance executives expect to see a significant increase in mergers... -
News CurrentsNews Currents
Santa Rosa diocese to pay $5 million in priest sex abuse settlement... -
FeaturesLawyers should not dismiss lawyers’ professional liability coverage
The perils facing employed lawyers have increased substantially in... -
FeaturesFormer N.M. insurance regulator pleads not guilty
Former New Mexico insurance regulator Joe Ruiz pleaded not guilty to... -
Closing QuoteCatastrophes: There is no free lunch
Since the devastating hurricane seasons of 2004 and 2005, some... -
FeaturesU.S. report: Private insurers overpaid by national flood program
The federal government may be overpaying private insurers for their... -
News CurrentsNews Currents
Calif. governor signs law to ban teen cell phone use while driving... -
News CurrentsNews Currents
Wash. wants comp rate increase Washington's Department of Labor and... -
FeaturesThriving in today’s challenging insurance environment
The insurance industry has witnessed a reduction in the number of... -
FeaturesHawaii insurers file 16.8 percent workers’ comp cost decrease
The National Council on Compensation Insurance has filed a request to... -
FeaturesNew Ore. law affects group contractor liability insurance
Oregon has implemented a new law aimed at making group contractor... -
DeclarationsDeclarations
Declarations Plumped up payments "The partnership has, over time,... -
Editor's NoteThe natural disaster dilemma
What to do about natural disasters? We can't really prevent them, and... -
Idea ExchangeLawyers should not dismiss lawyers’ professional liability coverage
The perils facing employed lawyers have increased substantially in... -
Fraud RoundupFraud Roundup
Everett man gets three years for arson A man who admitted torching a... -
FeaturesPredictive Analytics 2.0
Maximizing the science and art of business analysis with the next... -
FeaturesMaking the case for Internet liability coverage
There has been very little in the history of the world that has... -
FeaturesChinese imports and product liability coverage
Wave of recalls pushes broker, insurer roles in product safety,... -
CurrentsCalif. high court rules discovery does not apply to reinsurance documents
The California Supreme Court has ruled that a statute authorizing... -
CurrentsJudge throws out all federal antitrust charges against insurers, brokers
No evidence found to support charges of a global conspiracy among... -
CurrentsOregon passes motor vehicle, P/C insurance-related bills
The 2007 Oregon Legislature has passed a number of bills relating to... -
FeaturesCutting doctors’ hours may not reduce medical errors, studies find
New 80-hour limit for medical residents may not be the best way to... -
Closing QuoteCatastrophes: There is no free lunch
Since the devastating hurricane seasons of 2004 and 2005, some... -
Cover StoryThe CHANGING FACE of Surplus Lines Brokers
The surplus lines industry is never boring, never plain and certainly... -
Closing QuoteCatastrophes: The time to act is now
Two years have passed since America's most shocking wake-up call... -
CurrentsIndustry skeptical, while Treasury opposes natural disaster pool
Federal legislation that encourages states to pool their catastrophe... -
DeclarationsDeclarations
Plumped up payments "The partnership has, over time, relieved FEMA of... -
CurrentsFormer N.M. insurance regulator pleads not guilty
Former New Mexico insurance regulator Joe Ruiz pleaded not guilty to... -
FeaturesU.S. excess and surplus lines market attracts international attention
The United States excess and surplus lines market presents... -
CurrentsCEA funding structure to be revamped under legislation sent to governor
By a wide margin, California lawmakers have approved a compromise... -
Idea ExchangeEight major mistakes employers make when workers’ comp rates go down
Employers must view coverage more as a comprehensive risk management... -
CurrentsCalif. governor signs law to ban teen cell phone use while driving
California Gov. Arnold Schwarzenegger has signed SB 33 by Joe... -
Idea ExchangeExporters’ insurance: A world of opportunity
Companies moving into international markets could be exposed to risks... -
CurrentsCalif. urges governor to sign workers’ comp bill
The Association of California Insurance Companies is urging Gov.... -
Idea ExchangeProspects and pitfalls in a changing global insurance world
The 'rest of the world' offers new opportunities for growth, but not... -
CurrentsCountrywide announces more job cuts to come
Calabasa, Calif.-based Countrywide Financial Corp. has announced... -
Growing Your Property Casualty AgencyEstablish an authentic small business department
The small business insurance market has grown in importance to... -
CurrentsFarmers Insurance fined $2 million; company refunds $1.4 million
Farmers Insurance has refunded $1.4 million to thousands of... -
CurrentsHealth premiums rise 6.1%; average family coverage costs $12,000
Premiums for employer-sponsored health insurance rose an average of... -
CurrentsMontana’s wildfire suppression funding process convoluted, analysts say
Montana legislative analysts agreed that more money is needed to... -
CurrentsProgressive combines personal lines management
The Progressive Corp. in Mayfield, Ohio, is consolidating management... -
People & PlacesPeople and Places
The National Association of Professional Surplus Lines Offices named... -
CurrentsU.S. reinsurers report premiums dropped in 2Q
The Reinsurance Association of America (RAA), a group of 22 U. S.... -
New MarketsMy New Markets
Environmental Consultants-Contractors Nuts & Bolts: As part of the... -
CurrentsInsurers have manageable exposure to subprime turmoil, report says
The vast majority of U.S. insurers have little or no exposure to the... -
CurrentsChubb lowering homeowners rates in Calif. 18.4 percent
The California Department of Insurance has announced that Chubb Group... -
CurrentsU.S. fire report: More fires; fewer deaths and injuries; rise in property losses
Fire departments in the United States responded to an estimated 1.6... -
CurrentsGuy Carpenter finds Lloyd’s market at its ‘healthiest in 300 years’
Findings boast stellar results for London market with Lloyd's leading... -
NewsbriefsHAWAII INSURERS FILE 16.8 PERCENT WORKERS’ COMP COST DECREASE
The National Council on Compensation Insurance has filed a request to... -
CurrentsAllstate opening service center in Las Cruces
Allstate Insurance Co. announced it is opening a customer service... -
CurrentsWash. wants comp rate increase
Washington's Department of Labor and Industries has proposed raising... -
CurrentsSanta Rosa diocese to pay $5 million in priest sex abuse settlement
The Catholic Diocese of Santa Rosa has agreed to pay more than $5... -
CurrentsColo. hail damage estimated at $60 million
Losses from golf-ball-sized hail in Pueblo and Colorado Springs,... -
NewsbriefsNEW ORE. LAW AFFECTS GROUP CONTRACTOR LIABILITY INSURANCE
Oregon has implemented a new law aimed at making group contractor... -
FeaturesThriving in today’s challenging insurance environment
The insurance industry has witnessed a reduction in the number of... -
FeaturesInsurance industry bullish on coming year’s consolidation
Executives more optimistic about life/health insurance than... -
FeaturesU.S. report: Private insurers overpaid by national flood program
The federal government may be overpaying private insurers for their... -
FeaturesLloyd’s America’s Baker: Time for action on climate change is now
For an insurer, understanding climate change is a matter of... -
Idea ExchangeMaking sense of the subprime mortgage mess
The collapse of the subprime mortgage lending industry has dominated...
National Coverage
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News CurrentsNews Currents
Insurers have manageable exposure to subprime turmoil, report says... -
FeaturesMaking the case for Internet liability coverage
There has been very little in the history of the world that has... -
FeaturesSurplus lines industry sees a flurry of M&As in 2007 despite softening market
The surplus lines market continues to be the insurance industry's... -
Workers CompEight major mistakes employers make when workers’ comp rates go down
Declining rates act as blinders for many employers. With lower prices... -
News CurrentsHealth premiums rise 6.1%; average family coverage costs $12,000
Premiums for employer-sponsored health insurance rose an average of... -
FeaturesProspects and pitfalls in a changing global insurance world
No European city has recently changed as much as Berlin (with the... -
FeaturesBy Marty Ellingsworth
The use of predictive analytics is truly enhancing speed and customer... -
News CurrentsNews Currents
Judge throws out all federal antitrust charges against insurers,... -
FeaturesU.S. reinsurers report premiums dropped in 2Q
The Reinsurance Association of America (RAA), a group of 22 U. S.... -
News CurrentsNews Currents
Industry skeptical, while Treasury opposes natural disaster pool... -
FeaturesU.S. fire report: More fires; fewer deaths and injuries; rise in property losses
Fire departments in the United States responded to an estimated 1.6... -
FeaturesChinese imports and product liability coverage
Recalled toys sit in the foreground as Sen. Richard Durbin, D-Ill.,... -
FeaturesCutting doctors’ hours may not reduce medical errors, studies find
Cutting the grueling work hours of doctors-in-training had little... -
FeaturesGuy Carpenter finds Lloyd’s market at its ‘healthiest in 300 years’
Guy Carpenter & Co., Marsh's reinsurance broker and risk management... -
FeaturesProgressive combines personal lines management
The Progressive Corp. in Mayfield, Ohio, is consolidating management... -
FeaturesExporters’ insurance: A world of opportunity
In the past 10 years, it has become much easier for U.S. companies to... -
FeaturesEstablish an authentic small business department
The small business insurance market has grown in importance to...