Louisiana Department of Insurance Fraud Unit investigators served a Lafayette-area insurance producer (agent) with a cease and desist order and summary suspension of her insurance license, prohibiting her from conducting any kind of insurance business in Louisiana, Insurance Commissioner J. …
Groups for and against capping noneconomic damage awards for medical malpractice both claimed that a Wyoming Healthcare Commission report upholds their positions. The study suggests that capping noneconomic damages at $250,000 could reduce insurance company losses by 15 percent. The …
The American Insurance Association announced that Steven Suchil has been appointed assistant vice president in the association’s western region, based in Sacramento. Suchil will manage AIA’s advocacy efforts on commercial and legal issues in California, and assist in the management …
The Terrorism Risk Insurance Act’s (TRIA) hard end date of Dec. 31 poses a huge problem for commercial insurance policies taking effect on or after Jan.1, 2005, as the end of the typical one-year policy will extend beyond the sunset …
Crump E&S of California Insurance Services Inc. announced a new trucking program for agents in Arizona, Idaho, Nevada and Utah. Admitted carrier First Financial Insurance is rated “A- VIII” by A.M. Best. Coverage includes auto liability, physical damage and cargo. …
A new alliance covering nine Western states announced its formation to provide independent insurance agents with the strength and support they need to thrive in an increasingly competitive marketplace. The PIA Western Alliance creates the nation’s broadest alignment of state …
On Nov. 2, citizens of three Western states will decide whether or not to limit damage awards in medical malpractice insurance cases. Nevada, Oregon and Wyoming will join Florida as the four states to consider placing caps on noneconomic awards …
Congressional lawmakers agree a program to compensate sick nuclear weapons workers is broken, but how to fix it is the subject of debate on Capitol Hill. The program is for tens of thousands of people nationwide who helped build Cold-War …
Sandra L. Masters has assumed responsibility as marketing director for the American Institute for CPCU and the Insurance Institute of America’s Western Region. She takes over the territory following the retirement of Daniel P. (Chuck) Hussey Jr. Previously, she headed …
A report released by the National Association of Insurance Commissioners comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an improvement …
