Montana News

Coloring by Numbers

The vote tallies in the presidential and congressional races suggest this is a blue region (with the exception of Virginia) but that is probably not true of the insurance community here or elsewhere. Purple, maybe; blue, doubtful. Blue voters can …

Insurers Pleased with Results of 2004 Federal and State Elections

While most folks are just happy the political advertisements are gone, Election Day 2004 did provide some results of interest to the insurance industry. President George W. Bush (R) was re-elected for a second term, Republicans gained seats in both …

13-STATE NAIC TASK FORCE TO PROBE BROKERS:

The National Association of Insurance Commissioners announced that it has recently formed the Executive Task Force on Broker Activities to gather facts and coordinate activities to address alleged criminal misconduct and violations of existing insurance laws involving insurance companies and …

PIA Western Alliance Unites Agents Across Nine States

Four Professional Insurance Association (PIA) affiliate chapters recently united to form the PIA Western Alliance, a 1,500-member organization for independent agents based in Vancouver, Wash. The four PIA chapters that make up the Western Alliance, which was formed on Oct. …

Venture Programs Names Pacelli Western Risk Manager

Portland, Ore.-based Venture Programs Inc. (www.ventureprograms.com) announced that it has named Teresa Pacelli, to the position of risk manager for the company’s western region. As a risk manager, Pacelli’s responsibilities include managing claims and loss control services for workers’ compensation …

States Get Tough on Parents with Underage Drinking Liability Laws

Lenient parents best beware: A new generation of tough laws make parents liable for underage drinking. In the past decade, about 35 states have passed “social host” laws that make adults criminally and civilly liable when they provide alcohol to …

Study: Malpractice Caps Would Save Companies 15 Percent

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 …

People & Places

Robert Campeau Irvine, Calif.-based SullivanCurtisMonroe Insurance Brokerage has appointed Robert M. Campeau as vice president, announced President John Monroe. Campeau specializes in property/casualty insurance for medical device companies. Campeau has more than 30 years of experience in the insurance industry. …

Incumbent Commissioners Join Bush in Return to Office

Joining President Bush in returning to office, a handful of insurance commissioners across the country will be back for more time in office following Tuesday’s elections. While most incumbents won rather handily, one chose not to seek re-election. Delaware’s Donna …

NAIC Task Force of 13 States to Lead Broker Investigations, Develop Model Disclosure Law

The National Association of Insurance Commissioners (NAIC) announced that it has recently formed the NAIC Executive Task Force on Broker Activities to gather facts and coordinate activities to address alleged criminal misconduct and violations of existing insurance laws involving insurance …