February 20, 2012
Colorado lawmakers are trying to promote the space industry by limiting liability for companies that carry passengers. State Sen. Mary Hodge, a Democrat from Brighton, says there are risks with spaceflight. She wants to help a spaceflight hub planned for …
February 20, 2012
A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to the tune of thousands of dollars per misclassified …
February 20, 2012
ISU Network The San Francisco, Calif.-based ISU Network had expansions in four states, Utah, North Carolina, Maryland and North Dakota. Three Utah agencies have joined ISU Network. ISU Service Insurance Agency in Roosevelt, and ISU Rocky Mountain Insurance Services in …
February 20, 2012
A Tennessee state university has apologized to an insurance company after representing that the insurer improperly denied a $20,000 prize claim to fund a promotional contest held during a basketball game. East Tennessee State University Athletic Director David Mullins issued …
February 20, 2012
Given global economic challenges, insurers might improve their chances for achieving success in 2012 by focusing on new insurance products and on emerging markets in China, India and Brazil. According to Deloitte’s “2012 Global Insurance Outlook,” emerging property/casualty exposures are …
February 20, 2012
Auto insurers in North Carolina are once again divided over the prospect of changing how the state sets insurance rates with some insurers advocating for rate deregulation while others are supporting the status quo. The debate comes as state Insurance …
February 20, 2012
Members of Mississippi’s wind pool board were in London last month to seek low reinsurance rates. The Mississippi Windstorm Underwriting Association is the insurer of last resort for coastal property owners. It insures about 46,000 homes in Jackson, Harrison, Hancock, …
February 20, 2012
If there’s one lasting cultural change Mine Safety and Health Administration Director Joe Main wants to make in both the federal agency and the industry it regulates, it’s ending the cycle of intensity and complacency. After every high-profile disaster, regulators …
February 20, 2012
Roughly halfway through Florida’s legislative session, state Insurance Commissioner Kevin McCarty expressed optimism that state lawmakers would find a way to substantially reform the state’s no-fault auto insurance law. Speaking on an invitation by the Put the Brakes on Accident …