Alaska, Idaho could face new insurance regulators The insurance commissioner posts in Alaska and Idaho are likely to change, following November’s mid-term elections. In Idaho, U.S. Rep Butch Otter, R, defeated opponent, newspaper publisher Jerry Brady, in the race for …
Oregon defeats Measure 42; insurers can continue to use credit scores Oregon voters rejected Measure 42 — which would have banned the use of credit-based insurance scoring — by nearly a two-to-one margin of 65.58 percent to 34.42 percent in …
Employee crime is big threat to small companies More than one in three (36 percent) private companies, many of which were uninsured, experienced an employee theft averaging nearly $350,000 within the past five years, according to research by the Chubb …
N.Y. agents protest reported incidents as ‘red flags’ for rating New York agents want insurers to stop and think before penalizing small businesses that report incidents where no paid claims result. The Independent Insurance Agents & Brokers of New York …
Election results give Northeast more clout on insurance issues After the midterm elections, Northeast Democrats are moving into positions of power that could help their states economically as well as affect progress on insurance legislation. Democrats are now well-positioned to …
Miss. couple denied new trial on Katrina storm surge A federal judge says he won’t order a new trial for a Pascagoula, Miss., couple whose lawsuit against their insurance company was the first case to be tried in Gulfport after …
Southeast regulators united in call for national disaster plan The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators …
Fla. Gov. Bush weighs calling special session on P&C proposals The Property and Casualty Reform Committee formed by Florida Gov. Jeb Bush in June has come up with recommendations for solving the insurance crisis in the state and Bush is …
IIABA president: contingency commission crisis threatens agents For a small to mid-size independent insurance agency, contingency commissions can determine whether the business survives, according to many in the industry. That explains why Alex Soto, a Miami agent who is also …
Insurance political contributors favor Republicans Insurance-related contributors to this year’s midterm Congres-sional races are favoring Repub-licans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the non-partisan Center for Responsive …
