Congress opened debate on the insurance industry’s exemption from federal antitrust laws, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory reform that would free them from state regulation. Yet the industry’s biggest rating …
Wash. trooper accused of taking workers’ comp while off fishing A Washington state trooper accused of falsely claiming $20,000 worth of workers’ compensation benefits has been charged in Olympia, Wash., with theft and perjury. Thirty-five-year-old James A. Long of Chinook, …
Federal regulators want to get a better handle on the burgeoning use of nanotechnology in everyday products, as their German counterparts struggle to understand why nearly 100 people suffered respiratory problems after using a novel cleaning product made with the …
8 Federal insurance antitrust exemption: friend or foe? 9 California’s mandatory investment reporting unnecessary 10 Three insurers sue to recover claims paid in 2002 wildfire 10 Washington’s Ethel Adams legislation takes effect 10 Appeals Court rejects market-value loss claim 14 …
The artisan market is filled with small trade contractors with a couple hundred thousand dollars in receipts and relatively small premiums. Yet that has not stopped NationsBuilders Insurance Services from wanting to service the segment. Peter H. Foley, president and …
Washington policyholders to share in Aon settlement More than 9,500 insurance clients of Aon Corp. in Washington are qualified to share $2.4 million in restitution as part of an agreement signed by Insurance Commissioner Mike Kreidler. Kreidler said the restitution …
California earthquake insurance rates decreasing California earthquake insurance policies issued by the California Earthquake Authority will see rate decreases by an average of 22.1 percent. Approximately 85 percent of CEA policyholders will see their rates reduced beginning July 1, 2006, …
As reports of computer security breaches proliferate — the latest being the federal government’s snafu that put millions of veterans at risk for identity theft — the public is losing confidence in the nation’s digital infrastructure while remaining appreciative of …
Equipment Policies Nuts & Bolts: Britt Paulk Insurance Agency Inc. is offering an equipment policy program that includes agriculture, forestry, construction and lawn and garden. The coverage is first party physical damage for contractors’ equipment. Classes include contractors, agricultural, forestry, …
“Progressive is just going to continue to work on the things that we think will make a difference. We’re going to work very hard developing a trusted brand for independent agents; we’re going to increasingly invest in good technology that …
