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IIABCal Tells Legislature That California Independent Agents and Brokers Fear a Homeowners Insurance Availability Crisis
SACRAMENTO, CA, August 15, 2018 - IIABCal yesterday delivered to the California Legislature a position paper that outlines a pending homeowners availability crisis. "There has been much fanfare related to the increased liability of investor-owned utilities (IOUs) for wildfires, the cos...
Action Needed: Voice Opposition To Crop Insurance Cuts
WASHINGTON, D.C., July 19. 2018 -- The U.S. Senate is considering the Farm Bill this week. Significant crop insurance cuts are part of an amendment being offered by Senators Durbin (D-IL), Flake (R-AZ) and Grassley (R-IA). A vote on this amendment is scheduled to take place in ...
IIABCal Joins Efforts To Stop The Utility Bailout In California
SACRAMENTO, CA, July 26, 2018 -- IIABCal this week joined wildfire survivors, consumer advocates and local government leaders to urged lawmakers to resist pressure from electric utilities to reverse existing wildfire liability laws that would give them a free pass on paying for the damage...
Assembly & Senate Pass Significant Insurance Measures
SACRAMENTO, CA, May 31, 2018 - The California Assembly and Senate this week past significant insurance bills during floor sessions in order to meet the June 1st deadline to pass bills from their house of origin. Insurance bills of significance included: AB 1875 (Wood, D...
Homeowners Insurance Renewal Requirement Bill Passes Assembly Committee
SACRAMENTO, CA, June 21, 2018 - The Assembly Insurance Committee this week.passed legislation requiring an insurer to renew homeowners' insurance policies after a declaration of emergency and to submit wildfire loss data to the Department of Insurance. SB 824 (Lara, Dem-Bell Gardens) requires...
California Supreme Court Radically Redefines Independent Contractors
SAN FRANCISCO, CA, May 9, 2018 -- In a landmark decision that will affect virtually every sector of the California economy, including the business of insurance, the California Supreme Court has dramatically shifted the line distinguishing employees from independent contractors. In Dynamex v. Supe...
IIABCal To Host Member Webinar on Dynamex Decision, May 31st
SAN FRANCISCO, CA, May 17th, 2018 — IIABCal will host a member-only webinar in two weeks to explain what broker-agents need to know right away about Dynamex--the sweeping decision of the California Supreme Court that will force most California employers to stop hiring independent contractors, ...
2018 BRC Session: The Future Of California Workers
KONA, HI, May 8, 2018 – The future of work is a hugely complex issue – one that is as complex socially and politically as it is technologically, Blue Ribbon Conference Speaker & WCIRB Chief Actuary Dave Bellusci told conference attendees today. “One of the prevailing narrati...
2018 BRC Session: An Optimistic Appraisal of American Democracy
KONA, HI, May 9, 2018 – While many believe the American electorate at the center has diminished over time, the statistical truth shows we’re not much different than in the past, Blue Ribbon Conference Speaker & Hoover Institute Director Tom Gilligan told agents today. “As pa...
2018 BRC Session: Convergence of Paradigm Shifts Is The New Norm
KONA, HI, May 7, 2018 - 2018 Blue Ribbon Conference Speaker Frank Diana of the Tata Consultancy Services made the case to insurance professionals today that we are entering a very transformative period in history – one that could someday be viewed as the most transformative. ...
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