I generally do not get political on this blog. That is not the purpose. The purpose is to provide information and insights into insurance matters to you. But, I think the race for Insurance Commissioner is important. So, a few…
Posts Categorized In: Business Insurance
Copy of your policy
When you buy insurance, your agent gives you a copy of your policy. And then the insurance company starts adding endorsements. Some endorsements help you, some take away coverage and some are completely meaningless. However, which are which? There is…
Hartford Ins. Accused of Charging Illegal Fees
Hartford Insurance has been accused by the Department of Insurance of charging an illegal fee. The fee was charged by a general agent of Hartford’s and Hartford denies any wrongdoing on its part. Hartford is also, according to the company,…
Auto Accident for Self Employed: What Policy Covers You?
I work for myself and was going to do a personal errand and a business errand when I got into an accident. I have a personal auto policy and a business liability policy. Who will protect me? If both insurance…
Zurich to pay fine for price fixing
Zurich Insurance is paying $171 million dollars to settle charges of bid rigging and price fixing. The settlement effects 9 states, including California. The money will be refunded to policyholders after court approval. According to Massachusetts Attorney General Tom Reilly:…
More Changes Loom for Workers Comp?
Apparently, the current state administration is not happy with the workers compensation system in California. There are some within the administration who would like to lower costs even more. And, not surprisingly, there are some who think the system is…
The BEST Insurance Company
Someone asked me who the best insurance company is. My answer is quite simple: I don’t know. Yes, I admit it. I don’t know. Why? Because the best insurance company depends on a variety of factors. Here are things you…
Actual Cash Value – What is it?
I have had several people ask me a very important question. What is actual cash value? The funny part is that no one really knows for sure. It is not defined in your insurance policy. See, the auto policy will…
The Floods of Northern California
The flood waters of this year have subsided – for now. However, flood insurance is still on everyone’s mind. Let me first give you some links to stories you should read: The SF Chronicle reports on problems small businesses are…
A Good Article on Tort Reform
I came across an interesting article from The New Standard, which appears to be an independent newspaper on the internet. Go check them out as they appear to have some good information. Anyway, in this article the author discusses the…