Nebraska News

Best Drops Amwest Group Rating to ‘B’

Amwest Group’s parent is the publicly-traded insurance holding company, Calabasas, Calif.-based Amwest Insurance Group Inc., primarily an underwriter of surety bonds which also writes property/casualty insurance through Amwest Surety Insurance Co., Condor Insurance Co. (Condor) and Far West Insurance Co. …

States’ Insurance Oversight Surveyed

Roughly three-quarters U.S. residents live in states where insurance departments do not receive adequate funding to properly oversee the insurance industry, according to a recent survey by the Consumer Federation of America. According to the survey, consumers in Arizona, Georgia, …

WebCE.com Expands Online Exam Offering to 19 States

WebCE.com has expanded the availability of both its proctored and non-proctored online examinations, offering state-approved online exams in 19 states. WebCE.Com’s online testing and proctoring solution, TestSmart(c), which was launched in May, enables insurance professionals to complete their CE training …

Republic Western Names New President

Republic Western Insurance Company, a Phoenix, Ariz.-based property and casualty company, has retained Richard M. Amoroso as company president to oversee operations, establish policies and guide the investment process. Before joining Republic Western, Amoroso was assistant general counsel for ON …

State Farm to Return Over $1 Billion to Policyholders

State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49 states, the District of Columbia and three Canadian provinces. The return of premiums, approved yesterday by the State Farm Mutual …

NEBRASKA DEREG

Nebraska has become the fourth state this year to enact a law deregulating the commercial lines rate and form filing process. LB1119 was introduced at the request of the state Department of Insurance, and is referred to as the Property …

Nebraska Enacts Commercial Deregulation Law

Nebraska became the fourth state this year to enact a law simplifying the commercial lines rate and form filing process. The bill, introduced at the request of the Nebraska Department of Insurance, was referred to as the Property and Casualty …

Online Transactions on Tap in Arizona

Arizona lawmakers have passed an electronic records bill offering consumers the convenience of buying insurance online. The bill, passed by the Senate 29-0 Monday and awaiting the governor’s signature, would create the Uniform Electronic Transactions Act. Customers who use this …

Nebraska Unicameral Passes Commercial Lines Reg. Measure

The Nebraska Unicameral has passed a bill implementing a file-and-use system for commercial insurance lines, exempting certain large commercial policyholders from the new rate and form filing requirements. Thresholds for exempt commercial policyholders will be established by rule. The bill …