July 6, 2009
The Oregon Legislature adjourned the 2009 legislative session ended with a mixed bag of results on insurance issues, according to the American Insurance Association (AIA). “A number of costly and unnecessary bills were stopped, but unfortunately others made it to …
July 6, 2009
Crews are testing residential yards near W.R. Grace & Co.’s former insulation factory in Spokane, Wa., for asbestos fibers that can cause cancer. The work was prompted by the recent declaration of Libby, Mont., as a public health emergency. For …
July 6, 2009
New York State licensed insurance agents and brokers should be aware of an identity theft scam involving telephone calls used to target insurance professionals in at least a half dozen states. Acting New York Insurance Superintendent Kermitt Brooks today warned …
July 6, 2009
Missouri Gov. Jay Nixon has vetoed legislation that would have relaxed a law that requires motorcyclists in Missouri to wear helmets at all times, citing concerns about highway safety and health care costs. The veto came despite a lobbying campaign …
July 6, 2009
The Louisiana Supreme Court recently reversed the decision of trial and appeals courts, which had ruled in favor of an insurer in a case involving an uninsured/underinsured motorist. In Marco Demma, III v. Automobile Club Inter-Insurance Exchange (2008-C -2810), the …
July 6, 2009
First Deputy Superintendent Kermitt Brooks is overseeing the New York State Insurance Department following the departure of Eric Dinallo. Dinallo announced in May that he would be resigning as insurance superintendent to take a teaching position at New York University …
July 6, 2009
The Texas Legislature wrapped up a two-day special session on July 2, passing bills to keep open five state agencies but failing to address a measure favored by the governor that would have allowed the state to continue contracting with …
July 6, 2009
A new study claims that merging 10 Westchester County fire departments could save New York homeowners and businesses about $47 million a year in fire insurance premiums alone while delivering better service. The Pace University study, commissioned by the Westchester …
July 6, 2009
Zurich North America Commercial enhanced and expanded a product that helps businesses manage the financial and reputational risks of cyberspace – the Zurich Security and Privacy Protection Policy. The consequence of data breaches cost today’s business owners an average of …
July 6, 2009
A member of New Jersey Gov. Jon Corzine’s Cabinet is stepping down. After three years as commissioner of the Department of Banking and Insurance, Steven Goldman will leave July 15 to resume his private law career. He will work for …