Idaho News

State Officials Not Sold on New License Rules Under Real ID Act of 2005

States have five more years to verify identity, reissue licenses; even so some states continue to refuse compliance State officials and some in Congress remain skeptical about new federal rules for driver’s licenses, even after major changes designed to cut …

XL Bites Q4 Bullet; $1 Billion Loss on Write-Downs; Conference Call Today-Details

Bermuda’s XL Capital Ltd. has experienced some major financial difficulties lately in its investment and financial reinsurance activities. As a result the Company announced today that it “expects to record net income for the full-year 2007 of $200 million to …

Texas AG Gives Conditional Approval to Enhanced Driver’s Licenses

Attorney General Greg Abbott has given conditional approval to a state plan to create driver’s licenses that store citizenship information for faster and easier border crossings. Abbott’s ruling said the program would be consistent with federal law as long as …

Arkansas Wants More Time to Comply with REAL ID Law

Arkansas officials have asked for more time to implement post-Sept. 11 rules for new driver’s licenses. States face a May 11 deadline to comply with the REAL ID regulations, but Arkansas has requested a waiver. “Due to the delay in …

Rosser to Develop NSM Insurance Programs in Western States

Conshohocken, Pa.-based NSM Insurance Group has hired Curtis Rosser to the position of Western States Business Development Manager for all NSM Insurance Group Programs. The company’s western region includes Washington, Oregon, California, Idaho, Arizona, Nevada and Utah. According to Geof …

Fitch to Hold Teleconference on Insurance Brokers Tuesday

Fitch Ratings will hold a will hold a teleconference to discuss the outlook for the Insurance brokerage industry, on Tuesday, Jan. 15. Fitch said it would specifically discuss the “prospects for publicly traded brokers Marsh & McLennan (MMC), Willis (WSH) …

Court Reduces Award for ID Theft Damages

A federal appeals court has reduced the damages awarded to a Virginia woman in an identity-theft suit against Equifax Information Services. The U.S. Court of Appeals for the 4th Circuit reduced the mental anguish award to Suzanne Sloane, of Nokesville. …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …

People

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, appointed John Nilson senior vice president, western region for ACE Risk Management. Nilson will be based in Los Angeles and oversee ARM branch operations for the western …

Idaho Insurance Department Upset at Toyota, Claims Ads Promote Fraud

The Idaho Department of Insurance (DOI) has joined forces with the Coalition Against Insurance Fraud, a Washington group that includes insurers, law enforcement officials and consumer groups, in expressing concern over Toyota car company’s recent ad campaign. The campaign shows …