News Currents

News Currents

Colorado defeats legislation to change auto insurance claims practices The Colorado House Business Affairs and Labor Committee has unanimously rejected a bill that would have created the legal assumption that if an insured accepts liability for property damage to a …

News Currents

Washington Senate passes emergency readiness bill A measure to improve Washington’s emergency readiness passed the state Senate, after a lawmaker agreed to bend to insurance industry insistence that the $5.7 million needed come from the state and not a surcharge …

News Currents

Workers’ comp court case could cost Montana fund $200 million A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying insurance from the Montana State Fund, the agency’s …

News Currents

Denver court denies class action certification in Morris v. Travelers U.S. District Court Judge Edward Nottingham has denied a class certification in Morris v. Travelers Indemnity Co. of America, according to Morrison & Foerster LLP. The law firm represented Travelers …

News Currents

Although the bill is a priority for President Bush and Republican leaders in Congress, Republicans are split over the measure. $140 billion federal asbestos fund advances in Washington Sen. Patrick Leahy (D-Vt.) Supporters of federal legislation to create a $140 …

News Currents

Southern Oregonians seek help after floods Southern Oregonians whose homes were flooded during recent rainstorms are getting used to waiting. They’ve got to wait for insurance adjusters to tell them how much they’ll cover for damages, and for investigators from …

News Currents

Rates for D.C. taxis fall under 6-month policies Insurance rates for taxicabs in the District of Columbia are being reduced as the result of a change in policy duration. Acting Commissioner Thomas Hampton of the District of Columbia Department of …

News Currents

New Mexico considering commercial lines file and use system The National Association of Mutual Insurance Companies (NAMIC) and the insurance industry are working with the New Mexico Public Regulation Commission to finalize and implement proposed rate regulations that would convert …

News Currents

Conn. trucker and victims battle insurer over certificate Lawsuits stemming from a deadly crash at the base of Avon Mountain in Connecticut last July have led to an unlikely alliance between the victims and the owner of the trucking company …

News Currents

Colorado wants to form consumer insurance board to advise commissioner The Colorado House has introduced a bill that would create a Consumer Insurance Board to provide policy guidance to the Commissioner of Insurance, gather and prepare information for hearings regarding …

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