A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and reward good drivers, Romney repeatedly referred …
Connecticut recently became the first state to voluntarily adopt legislation recognizing civil unions between same-sex couples. Connecticut’s civil union law, which will go into effect October 1, formally recognizes civil unions between same-sex couples over the age of 18 and …
The American Insurance Association urged state insurance regulators to change their chaotic and costly approach of individual states issuing investigative subpoenas whenever an insurer comes under scrutiny–a serious problem which is worsening. “While state insurance regulators have legal authority to …
Colorado Gov. Bill Owens took a strong stand in support of tort reform and constitutional rights by vetoing a bill that would have allowed substitute service of process upon the Colorado Secretary of State, according to The National Association of …
Legislation supported by the Association of California Insurance Companies to extend restrictions placed on graduated drivers licenses won the approval of the Senate Transportation and Housing Committee. The bill, AB 1474 by Assemblyman Bill Maze (R-Visalia), was approved on a …
Republic Western Insurance Company, a subsidiary of AMERCO, announced that the Arizona Department of Insurance has signed an order releasing the company from administrative supervision. Repwest was placed under supervision on May 20, 2003. Repwest has been domiciled in Arizona …
Pinnacol Assurance, Colorado’s largest provider of workers’ compensation insurance, announced that President and CEO Gary Pon will retire this summer. Pon has served as the company’s CEO since 1986. During his 20-year tenure, Pon transformed Pinnacol from a beleaguered state …
The Property Casualty Insurers Association of America praised Gov. Linda Lingle for signing into law legislation that will establish a graduated driver’s license program designed to save lives and reduce accidents involving young, teen drivers. “Graduated licenses that place restrictions …
The Nevada Legislature wrapped up its session recently, passing a number of insurance-related bills. Bills signed into law include: AB 137, signed into law on June 6, requires an insurance company to give a claimant a written notice when the …
More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s largest insurance brokerage firm to settle allegations of fraud and anti-competitive practices against the company. Washington Insurance Commissioner …
