July 2, 2007
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 …
July 2, 2007
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 …
July 2, 2007
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 …
July 2, 2007
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 …
July 2, 2007
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 …
July 2, 2007
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, …
July 2, 2007
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, …
July 2, 2007
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 …
July 2, 2007
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 …
July 2, 2007
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 …