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Insurance Pros in Politics: Being an Agent Prepared Tennessee Sen. Ketron for Politics

Insurance was a great training ground for now State Sen. Bill Ketron, who has been a member of the Tennessee Senate since 2002 while also serving as president of his own independent agency founded by his late father. Ketron credits …

Wisconsin Court: No Damages in Officer Death from Insurance Company

A Wisconsin appeals court says a slain police officer’s widow can’t collect damages from the insurance company that covered his killer. James Cruckson shot Fond du Lac Police Officer Craig Birkholz during a standoff at Cruckson’s home in 2011. Cruckson …

Iowa Division of Insurance Launching Fraud Fighters Program

The Iowa Insurance Division has launched a new anti-fraud program to help Iowans protect their money. The program is called Iowa Fraud Fighters – Shield Your Savings. It comes in response to a wave of new cons targeting senior citizens. …

Bill Would Require Safety Features In California Limos

Limousines that operate in California would be required to have emergency exits under legislation approved by the state Assembly in the wake of several limousine fire deaths. Democratic Sen. Ellen Corbett of San Leandro drafted the bill after two limousine …

Will Third Time Be the Charm for National Producer Licensing Bill?

Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week overwhelmingly passed a bill (H.R. 1155 ) to streamline the insurance producer licensing process. This is the …

Oregon Looks At Beefing Up Health Insurance Premium Reviews

Oregon health officials are considering whether to use the state’s authority to approve or reject health insurance premiums as a tool to drive down health care costs. The idea is one of several suggestions for improving the health care system …

Group Demands Change in Oregon Malpractice Law

A consumer group says Oregon needs to change its new medical malpractice law to prevent it from protecting bad doctors. Public Citizen says cases that are settled in mediation should be reported to a national database, just like medical malpractice …

Mass. Diocese Agrees to $60M Settlement With Insurer Over 2011 Tornado Damages

The Roman Catholic Diocese of Springfield has agreed to a $60 million settlement with its insurer for damage done to a parochial high school and other church property by a tornado two years ago. The resolution with insurer Catholic Mutual …

Berkshire Hathaway Specialty Names VP of Claims, Executive & Professional Lines

Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — continues to boost its team roster. This week it announced the appointment of Todd Greeley as vice president of claims, executive and professional lines. …

New York to Opt Out of New Rules for Universal Life Insurance Policies

New York State’s financial-services regulator said rules adopted by state watchdogs for some life insurance contracts failed to boost reserves to adequate levels in the industry. Of sixteen companies that are major sellers of universal life policies with secondary guarantees, …

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