The Executive Committee and the Stamping Committee approved an increase in the stamping fee from 0.225% to 0.250%, effective Feb. 1, 2010.All new policies, renewal policies, and extension endorsements with an effective date on or after Feb. 1, 2010, will incur a stamping fee of 0.250 percent. The stamping fee for endorsements, audits, installments or cancellations (excluding extension
Hello Friends, Exercise is a gift that you give to yourself that just keeps on giving. Visiting your gym several times a week will provide you with the energy and the positive attitude to be there for your family and friends. Healthy Lifestyle Tip: Health Boosters for Busy People We know that you’re busy so here are some tips you can use throughout your day that may improve your health and relieve some stress: Slim down while you wait in line. You can’t lose five pounds just standing in a line, but you can work on good posture which can make you… Read More »New Year’s Resolutions
Insurance isn’t a warranty. It doesn’t replace faulty work or products, but it does cover the Bodily Injury (BI) and Property Damage (PD) caused by the faulty work or product. The exclusion of faulty work often referred to as “your work”. One of the most contested provisions of the commercial general liability (CGL) policy is the provision excluding coverage for property damage to the insured’s completed work. In 1986 Insurance Services Office, Inc. (ISO), revised the standard CGL policy form to include an exception to this exclusion if a subcontractor performed the work for the insured. This revision has become… Read More »“Your Work” Exclusion on CGL Policy
After a Tennessee woman gave a cheeseburger to a homeless man outside a restaurant, he shouted, threw the burger at her, and said he just wanted money. She called him an “ungrateful bastard,” and he subsequently attacked her. She is now suing the restaurant and a neighboring liquor store for providing “an environment to crime.” (read story) Paperless Advice: if you can, try to eat healthy. Avoid fast food 364 days of the year. Thus you can not only improve your health, but also refuse to enter to problems like the one shown above 🙂
What is Electronic Harassment: Electronic Harassment is considered the invasive use of any electronic device against one’s person or property.
Top 7 Forms of Electronic Harassment:
1. Surveillance
Read More »Electronic Harassment Liability
Top 3 Things You Must Know About Auto Liability Insurance Changes: On January 1, 2006, all insurance companies were required to report insurance status to DMV for all private use vehicles. As of July 1,2006, law enforcement and court personnel have access to DMV records to verify that your California registered vehicle is currently insured. Effective October 1, 2006, your vehicle registration is subject to suspension if the liability insurance is cancelled, OR if your insurance company has not electronically provided evidence of insurance when you purchase and register your vehicle, OR if you provide DMV with false insurance information.… Read More »Be Sure to Insure!
Police of Honolulu, HI will be giving out fines — not warnings — to drivers who violate Honolulu’s new ban on the use of cell phones and other electronic devices while driving. The measure allows motorists to use handsfree mobile phones. It prohibits text messaging, the use of laptop computers, e-mailing and electric games while driving if the person at the wheel has a handheld device.
Insurance Journal has an article about the U.S. as a nation of obese workers and potential Workers Compensation Insurance Claims. Workers’ compensation carriers are concerned about this trend because obese workers are at risk for various diseases and health conditions and have poorer job performance.
California Insurance Commissioner Steve Poizner will be hosting a Claims Cost Benchmark hearing to further investigate workers’ compensation medical costs today,at 1 p.m., June 1, 2009, in Sacramento, Calif. The agenda is scheduled to allow representatives from all areas of the workers’ comp insurance industry to provide feedback, including insurance company representatives, self-insured employers, physicians and medical groups, other medical providers and networks, and the public. For more information on the meeting location and agenda, visit http://insurance.ca.gov/0400-news/0100-press-releases/0080-2009/release089-09.cfm.
egislation to ban or limit the use of cellular phones while driving arises again in the next state legislative session. Colorado Gov. Bill Ritter has signed into law a bill that will make it a crime to send text messages while driving. In addition, anyone younger than 18 is prohibited from using a cellular phone while driving. In South Dakota, state Sen. Cooper Garnos, R-Presho, said he also expects to see some sort of legislation regarding cellular use while driving to appear in next year’s session. Garnos is a former chairman of the Senate Transportation Committee, while Vehle is the… Read More »So. Dakota Cell Phone Rules Might Be Tried Again