Insurance Review articles from July 1991

Insurance Review archives from July 1991

Crumbling consensus. (Upfront)(federal regulation of the insurance business)
July 1, 1991... * There once was a time when everyone in the insurance business agreed on what role the federal government should play in regulating the industry: no role. Over the past year, that consensus has splintered and now there is a medley of...

The leasing time bomb. (staff leasing)
July 1, 1991... * It is, insurance regulators concede, a maddeningly gray area of the law that all but invites abuse. Under increasingly widespread arrangements, employees fire aU their workers, who then are hired by so-called leasing companies, which then...

Recyclers collide with air bag regs. (scrap recyclers; air bag automotive safety devices)
July 1, 1991... * In an ironic twist, an automotive safety device that protects one life may pose a threat to another. At least that's the position of the Institute of Scrap Recycling Industries (ISRI), which is concerned that the shredding of...

John Garamendi. (People)(California insurance commissioner) (Interview)
July 1, 1991... In January, former Democratic State Sen. John Garamendi took office as the first elected insurance commissioner in California. In the ensuing months, the fray over implementing Proposition 103, the collapse of First Executive Life and other...

Masters of one-upmanship. (a profile of the Murray Insurance Agency Inc.) (company profile)
July 1, 1991... The organizational chart in the policy manual at Murray Insurance Agency Inc. in Scranton, Pa., is like that found at any other mid-sized business, except for one small difference. Above the president's position on the chart is the title of...

Should agents do windows? (Windows 3.0 computer software) (evaluation)
July 1, 1991... Unless you've just returned from a year-long sabbatical on a Tibetan mountaintop, you've probably at least heard of Windows 3.0 by now. The expansive marketing campaign orchestrated by the program's manufacturer, Redmond, Wash.-based...

Q & A: Straight talk about antitrust. (Industry Communications)(antitrust law and the insurance industry) (interview)
July 1, 1991... In the aftermath of the bitter 1984-86 commercial liability insurance crisis, various consumer and special interest groups clamored for repeal of the McCarran-Ferguson Act. The act, they said, was a shield that allowed avaricious insurance...

Shrinking the head cases. (minimizing unworthy mental-injury claims)
July 1, 1991... The injury was diagnosed as a mild concussion, and four months later the victim was still composing articulate letters to his doctor, his lawyer and his insurance claims representative. But within a year he had visited a psychiatrist,...

What's in a name? (remembering names)(Industry Relations)
July 1, 1991... You're making the rounds at the RIMS conference and suddenly you spot the new risk manager you met with last month. You've been trying to sell his company a big policy for years. Now he's headed over-smiling, hand outstretched. You have a...