Washington Legislature moves quickly in election year Washington’s legislature wrapped up a short session in March, addressing its budgets and tackling “many controversial issues,” including Columbia River water, medical malpractice and gay rights, according to a report by the Insurance …
Mississippi wind versus flood lawsuit remanded back to state court A Mississippi lawsuit that would force insurance companies to honor their policies and pay for damage caused by storm surge has been remanded back to the Chancery Court of Hinds …
Utah names directors, adds market conduct division Utah Insurance Commissioner Kent Michie has appointed two new directors, created a new division and combined two other divisions. “The main thrust of these changes has been to create a new Market Conduct …
Dam breaks on Kauai, strong winds, rain down 12 poles on Oahu An earthen dam on Hawaii’s island of Kauai burst without warning on March 14. Three people have been confirmed dead, and four remain missing at press time, after …
Oil pipe corrosion big threat as Alaska marks Exxon spill anniversary Since the Exxon Valdez caused the worst oil spill in the nation’s history, tankers that ship Alaska’s crude oil to the West Coast have become stronger and safer. Two …
Insurers unlikely to alter credit scoring as agencies pursue uniformity The decision by the three major consumer credit reporting agencies to create a more uniform credit scoring system is not expected to have a major impact on insurers’ use of …
Pennsylvania Gov. Rendell not shy with his veto pen Pennsylvania Governor Edward G. Rendell recently vetoed legislation designed to scale back the obligation of defendants to pay damage awards in civil lawsuits. He also nixed legislation that would have capped …
States addressing widening tragedy of teen driver deaths A new report uncovers the wider tragedy of fatal car crashes involving teen drivers and is putting new impetus behind state efforts to limit passengers in teenagers’ cars. Over the past decade, …
“I personally believe insurers would be better off if they had more standardization, much like the banking industry,” Joel Ario, News Currents New uniform credit agencies’ scoring system not likely to impact insurers The recent announcement by the three major …
Joel Ario, Oregon Insurance Administrative News Currents New uniform credit agencies’ scoring system not likely to impact insurers The recent announcement by the three major consumer credit reporting agencies that they have created a new credit scoring system aimed at …
