Fleet A significant risk for contractors relates to vehicle accidents. Construction workers typically spend more time in vehicles than other workers because they regularly move between job sites and use vehicles to obtain supplies. Construction work often entails physically demanding work in less than comfortable environments over long hours, resulting in fatigued drivers behind the wheel. Often contractors allow their… Read More »Risk Control – Contractors
California Insurance Commissioner Steve Poizner has proposed regulations that would make green auto insurance option available for California consumers. If implemented, pay-as-you-drive auto insurance would allow motorists to more accurately pay for the coverage they need, by linking their premium more closely with the number of miles they drive. Any incentive like this to get people to drive fewer miles… Read More »Pay-As-You-Drive Regulations – California
A new study on teen driving habits and safety found that 59 percent of teens always buckled up in the driver seat but only 42 percent always wore seat belts as passengers. However, only 38 percent of all teens in the study reported always buckling up as both drivers and passengers. Researchers from the Meharry-State Farm Alliance at Meharry Medical… Read More »Less Then 50% of Teen Passengers Wearing Seat Belts
Yes… Lighter Vehicles Could Mean Higher Insurance Costs… The cost of auto injury claims involving lighter-weight vehicles tends to be higher than the cost of claims involving heavy vehicles, according to new research from the Insurance Research Council (IRC). The average claims payment involving lighter weight vehicles is more than 14 percent higher than it is for claims involving heavier… Read More »Higher Gas – Higher Insurance Costs?
With Teensurance™ powered by Safeco, you can help parents change the conversation they have with their teen drivers. Think about how thankful parents will be when you take some of the worry out of the day! You can give parents tangible tools for helping them improve their teen’s driving. Imagine talking about more than just price! Here are some key… Read More »Teen Insurance Safeco
Surplus lines insurers’ share of the market is expected to continue decreasing over the near term unless a catastrophe curtails competition from standard market insurers, according to an A.M. Best report released Monday. “While surplus lines insurers outperformed the property/casualty industry in underwriting and operating performance in 2007, the softening market and more aggressive competition portend deterioration in profitability as… Read More »Bad days for Surplus Lines Insurers
A Rapid City neurosurgeon who said he had been sued more than 30 times for malpractice lost two appeals on August 21 in the South Dakota Supreme Court.The court upheld a jury verdict awarding a woman nearly $552,000 in damages from Dr. Steven B. Schwartz because of mistakes in surgery on her spine. In the second case, the Supreme Court… Read More »Malpractice Appeals Lost Again in SD
We have decided to continue doctor’s topic… Ordering the wrong test, missing results and forgetting to notify patients are among the many testing mistakes that occur routinely at the offices of family doctors, a new study shows. The report, published in the journal Quality & Safety in Health Care, looked at testing procedures and mistakes that were reported anonymously by… Read More »Testing Mistakes at the Family Doctor
Health care providers all over Oregon say they’ll have to drop workers’ compensation cases, after a change in how they are paid to care for those injured on the job. The temporary rule, imposed July 7, 2008, allows insurance companies to pay doctors less than the state-mandated schedule of fees historically used in such cases. Administrators with the workers’ compensation… Read More »Change in Workers’ Comp Rules in Oreg.
New forms of private-public partnerships are needed, particularly for developing nations, to deal with risks and costs related to climate change, Swiss Reinsurance Co.’s chairman said in a presentation Monday. Speaking at the International Disaster and Risk Conference in Davos, Switzerland, Peter Forstmoser said the impact of hazardous events continues to rise, driven by interacting forces, including global warming, population… Read More »Climate Change Price List