Currents

Lake Tahoe fire estimated to incur more than $25 million in losses

A wildfire in Lake Tahoe, Calif., that has destroyed at least 220 homes and forced about 1,000 people to flee their neighborhoods is anticipated to incur more than $25 million in insured losses, according to estimates by risk modeling company …

Ohio Gov. changes security procedure after workers’ data stolen

A 22-year-old intern was given the responsibility of safeguarding the personal information of thousands of state employees in Ohio, a security procedure that ended up backfiring. The names and Social Security numbers of all 64,000 Ohio state employees were stolen …

State Farm to cut Colo. auto rates 7.2%

State Farm Mutual Automobile Insurance Co. announced it is lowering its overall automobile insurance rate level in Colorado an average of 7.2 percent beginning July 16. The rate reduction represents an annual savings of $38.8 million to the company’s Colorado …

After fast start with workers’ comp, Albany sputters

Key legislation stalls as newcomer Gov. Spitzer, veteran Senate Leader Bruno clash Despite the state having a new governor, The New York Legislature continues with its old ways favoring political paralysis over action. The Assembly, which is controlled by Democrats …

Oregon to stop printing producer licenses

The Oregon Insurance Division announced it will stop issuing printed licenses for insurance producers. Beginning July 1, there will no longer be printed initial, renewal, or replacement licenses. All license information for active licensees will be available on OID’s Web …

Virginia cameras scan for hot cars and stolen license plates

Virginia State Police are using digital cameras that can scan highways and parking lots for hot cars and stolen license plates. Using the digital images, police can compare the plates against any database of license plates: those associated with fugitives, …

N.M. transportation operators to beef up coverage

Certain public transportation operators will soon be required by the New Mexico Public Regulation Commission to carry more liability insurance. Up to 3,000 so-called “incidental carriers” may be subject to the new requirement that began June 15. Incidental motor carriers, …

In R.I., Beacon Mutual controversy rekindled over Labor nomination

Fallout from the management scandal at Rhode Island workers’ compensation insurer Beacon Mutual Insurance Co. was stirred anew last month when Gov. Donald L. Carcieri withdrew the renomination of Adelita Orefice as director of the Department of Labor and Training …

S.C. becomes 5th state to oppose federal driver’s license program

South Carolina has joined Maine, New Hampshire and other states as it formally rejected a federal mandate that sets new national driver’s license standards. Gov. Mark Sanford signed a bill into law that says the state will not participate in …

Oregon’s Ario tapped to be Pennsylvania commissioner

Pennsylvania Gov. Edward G. Rendell has nominated Joel Scott Ario, the chief insurance regulator for the state of Oregon and a former consumer advocate, to serve as Pennsylvania’s insurance commissioner. As the insurance administrator with the Oregon Department of Consumer …

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