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California Court Decision Reaffirms Distinctive Right of Mutual Insurance Companies, NAMIC Says
INDIANAPOLIS (Oct. 1, 2008) – A recent opinion from the California Court of Appeals is a significant victory for mutual insurance company boards in their efforts to successfully and flexibly oversee the management of their enterprises for the benefit of policyholders in an increasingly uncertain market, according to the National Association of Mutual Insurance Companies (NAMIC). (Posted: 10/1/2008)
New Study Suggests Putting Off Driver Licensure to Save Lives
Most U.S. states allow driving at age 16, 16-and-a-half, or somewhere in between. A new Insurance Institute for Highway Safety report focuses on the costs in terms of lives of allowing licensure sooner rather than later. (Posted: 9/9/2008)
Wildfire Study Identifies New Risks and Recommendations for California Homeowners
The Institute for Business & Home Safety announced July 22 its findings from comprehensive research into the 2007 Witch Creek Wildfire, which damaged or destroyed nearly 1,700 structures in San Diego County, Calif., causing $1 billion in insured losses. (Posted: 7/29/2008)
Landmark Wildfire Study Identifies New Risk Factors and Recommendations for California Homes
The Institute for Business & Home Safety, the insurance industry’s property protection advocate, has completed comprehensive research on the Witch Creek Wildfire, which damaged or destroyed nearly 1,700 structures in San Diego County, Calif., in 2007 at a cost of $1 billion. (Posted: 7/15/2008)
Gov. Schwarzenegger Directs Coordinated Firefighting Efforts and Resources to Combat Wildfires
Gov. Arnold Schwarzenegger has directed the California National Guard and all state firefighting resources to aggressively combat numerous wildfires across California. (Posted: 6/24/2008)
Report: 33 Million Licensed Americans May be Unfit for Roads
Results from the 2008 GMAC Insurance National Drivers Test released May 22 found that 16.4 percent of drivers on the road - roughly 33 million licensed Americans - would not pass a written driver’s test if taken today. (Posted: 5/28/2008)
NAMIC’s state advocacy partner, the Personal Insurance Federation of California has joined a broad-based business coalition in support of legislation designed to promote wildfire prevention, protection, and mitigation. (Posted: 5/6/2008)
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California: State Income Tax Withholding Bill Opposed
NAMIC’s state advocacy partner, the Personal Insurance Federation of California, has joined forces with a sizeable business coalition to oppose legislation that would impose new income tax withholding requirements on companies doing business in the state. (Posted: 5/6/2008)
On April 16, NAMIC’s state advocacy partner, the Personal Insurance Federation of California, filed a Letter of Opposition Unless Amended on AB 2918 with the California Assembly Banking and Finance Committee. (Posted: 4/22/2008)
AB 2825 as amended, Automotive Repair: Crash Parts, passed out of the Assembly Business and Professions Committee April 9 on an 8-0 vote. The bill has now been sent to the Assembly Appropriations Committee for consideration. (Posted: 4/15/2008)
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California: Battle to Protect Consumers from Higher Rates for Auto Repair Continues at Hearing Today (4/15/2008)
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California: Aftermarket Parts Bill Passes Out of Senate Insurance Committee (4/8/2008)
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California: NAMIC, PADIC Files Letter Supporting Agent-Broker Bill (4/8/2008)
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California: NAMIC Expresses Concerns About Community Development Investment Bill (4/1/2008)
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California: Grassroots Campaign Launched to Protect Californians From Auto Body Repair Legislation (4/1/2008)
The Hayward Fault: America’s Most Dangerous? (3/25/2008)
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California: Anti-consumer Auto Repair Shop Bills Currently the Big Story This Session (3/18/2008)
2008 State-by-state Rankings Released of the Best and Worst Tort Systems in America (3/12/2008)
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California: PIFC Files Opposition Letter on Auto Repair Bill (3/11/2008)
Report: 2007 U.S. Wildfire Season Among Costliest in Recent History (2/21/2008)
Report: States Better Prepared for Emergencies (2/21/2008)
Report: Most States Earn Average Grades in Highway Safety (2/20/2008)
2007 SUMMARY OF NEW STATE LAWS - CALIFORNIA (1/24/2008)
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California Wild Fires Devasting to Farms (1/21/2008)
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California: PIFC Joins Opposition of Motorcycle Legislation (1/15/2008)
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California: Insurance Industry Backs Legislation to Toughen Motor Vehicle Theft Law (1/15/2008)
AIR Worldwide Estimates Insured Losses from West Coast Storm Could Reach As High As $600 Million (1/9/2008)
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California: PIFC, PADIC File Comments on Variance Process Related to Prior Approval of Insurance Rates Regulations (12/18/2007)
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California: Workshop Scheduled on Expense Savings Discount for Internet Purchases of Automobile Insurance (12/11/2007)
California Insurance Commissioner Announces New General Counsel (11/16/2007)
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California Wildfires Devastating to Farms (11/16/2007)
Wildfires Not Expected to Impact Insurance Rates in California or Nation (11/6/2007)
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