The Oregon Insurance Division is warning the industry about arbitration clauses. According to a recently posted bulletin, “It has recently come to [OID’s] attention that policy forms, certificates, and obligor of service contracts may contain arbitration provisions which do not …
North Dakota law enforcement officers the next few weeks will be cracking down on seat belt violations. The state Transportation Department says the number of law enforcement agencies participating in this year’s “Click It or Ticket” campaign has nearly doubled …
Two new studies suggest the Lake Tahoe region in California and Nevada has gone longer than usual without a large earthquake and may be due for a magnitude-7 temblor capable of spawning a tsunami that could flood shoreline communities. The …
Ogden, Utah-based The Buckner Co. has added Brian Stromberg as an Employee Benefits/Corporate Wellness account executive. Stromberg brings strong experience from the carrier side of the insurance industry, having previously worked as a carrier representative for both Humana Group Health …
Utah’s Workers’ Compensation Fund has declared a $10 million dividend that will be distributed to a majority of policyholders in June. Policyholders can expect to receive 4.5 percent of their earned premium attributable to the 2008 calendar year, the Fund …
Managing general agents have a positive attitude about the soft market and recession, figuring what went down must come up again, according to Curtis Anderson, incoming president of the Association of Managing General Agencies (AAMGA). Most MGAs are doing fine …
Mississippi Attorney General Jim Hood has asked a court to block renewed efforts to make public a settlement agreement between his office and insurer State Farm Fire & Casualty Co. that was part of their feud over homeowner claims from …
Britt/Paulk Insurance earned the Target Markets Program Administrators Association’s (TMPAA) Best Practice Designation at the association’s recent Mid Year Meeting in Baltimore, Md. Program administrators qualify for the TMPAA Best Practices designation program by seeking out greater efficiencies in the …
Seattle-based SeaBright Insurance Holdings Inc., at management’s recommendation and reflective of the current recessionary economy and its negative effect upon earned premium, said it will reduce the base salary of the company’s CEO by 20 percent and the base salaries …
Nevada senators and sssembly members are battling over a construction defect bill that has turned into one of the most contentious issues of the 2009 Nevada Legislature, now in its final weeks. Senators voted 19-1 in mid-April for SB349, which …
