Idaho News

OKLA. DEPARTMENT HONORED:

Four state insurance departments, including Oklahoma’s, received Accreditation Awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. In addition to Oklahoma, honors were presented to regulators from Idaho, Kentucky and Washington during the 2004 …

Washington’s Workers’ Comp Rates Rank in Lowest One-Third in U.S.

A new rate-comparison study shows that workers’ compensation rates in Washington remain among the lowest in the nation. The 2004 “Workers’ Compensation Premium Rate Ranking” study by the Oregon Department of Consumer & Business Services shows Washington at 35th. That …

Losses, Liabilities & Leftovers

A drunken Pennsylvania pilot who reportedly buzzed his single-engine plane in close proximity to a nuclear power plant and disrupted the flight paths of half a dozen airliners has been sentenced to six to 23 months in prison. The pilot …

People & Places

Ken Nigohosian The American Agents Alliance Board of Governors announced the selection of Ken Nigohosian as the association’s new executive director. He has worked for Safeco Insurance for 25 years. He began his career as Safeco’s personal lines manager in …

Idaho Man Sentenced for Insurance Fraud

Chad Croner, of Meridian, Idaho was sentenced to one to five years in prison for insurance fraud, according to Attorney General Lawrence Wasden. Fourth District Judge Joel Horton suspended the sentence and ordered Croner to serve 180 days in the …

Losses, Liabilities & Leftovers

A drunken Pennsylvania pilot who reportedly buzzed his single-engine plane in close proximity to a nuclear power plant and disrupted the flight paths of half-a-dozen airliners has been sentenced to six to 23 months in prison. The pilot was reported …

Swiss Re Conference Sees Continued Industry Growth

Andreas Beerli, Head of Swiss Re’s U.S. P/C business in the Americas, speaking at the company’s annual year-end economic and insurance industry review and outlook, asserted that the P/C reinsurance industry remains strong. “Profitability has improved primarily through smart, technically-sound …

Ohio Strikes Again on Tort Reform

Insurers and business interests appear to have won another victory in Ohio, as Gov. Robert Taft will soon sign a broad tort reform bill that caps jury awards and limits products and obesity liability. This follows on the heels of …

Ky. Office of Insurance Receives Accreditation Award

The Kentucky Office of Insurance (KOI) in Frankfort was one of four state insurance departments receiving accreditation awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation program. Honors also were presented to regulators from Idaho, …

Okla. Among Four Insurance Departments Receiving Accreditation Honors

Four state insurance departments received Accreditation Awards under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program. The honors were presented to regulators from Idaho, Kentucky, Oklahoma and Washington during the 2004 NAIC Winter National Meeting …