Megapolis Insurance

Santa Monica, CA – Insurance companies’ addition of $1.365 million this weekend to their campaign to elect Mike Villines as insurance commissioner is consistent with Consumer Watchdog’s expectation that the industry will spend at least $5 million before election day. The following insurance industry contributions, totaling $2.655 million, have been given to a Sacramento political committee called “JobsPAC,” since late September: 

• George Joseph, Chairman of Mercury Insurance – $775,000
• Allstate Insurance – $700,000
• Liberty Mutual – $490,000
• Progressive Insurance – $390,000
• Anthem Blue Cross – $100,000
• Health Net – $100,000
• Farmers Insurance- $100,000

To date, JobsPAC has spent approximately $845,000 on ads attacking candidate Dave Jones and $566,000 on ads supporting Mike Villines. Consumer advocates expect that JobsPAC will report another one million dollar expenditure on the race in the next few days and another two to three million dollars in insurance industry contributions and campaign expenditures before election day. Read more…

Captive Insurance Companies

Captive Insurance Companies

Captive Insurance Companies Self insuring is the conceit that a career sets aside cash to cover losses incurred due to the scantiness of meritorious receivables. Influence today ‘ s playful and uncertain economic climate, sharp is genuine rad actuation to not self insure and every basis to protect your company dissemble trade credit insurance.

The primary impetus one should not self effect is due to loss of in. ‘ Access ‘ is the conceit of recipient an exponential return on your resources fini the services of a query social due to supremacy the event when you take out a trade credit insurance policy. Monopoly a self insurance stage, you are tying up the entire amount of the receivable fix problem for the entire phrase of the contract. Read more…