State and Regional News

Washington Voters Reject Privatization of Workers’ Compensation System

Voters in the state of Washington have rejected a measure to inject private insurer competition into the state’s workers’ compensation system. The insurance industry hoped to open up the state’s workers’ compensation insurance system to the private market and eliminate …

Republican Scott Wins Florida Governor Race; Atwater Elected CFO

Floridians woke up this morning without knowing for certain who will be their next governor, although Republican healthcare executive Rick Scott held a slight edge over Democrat Alex Sink. Sink waited until final results were in and finally conceded the …

West Virginia Court Upholds Mine Safety Office Authority

The authority of West Virginia’s mine safety office to suspend coal miners has been upheld by the state Supreme Court. The decision stems from the death of locomotive driver Victor Goudy at Consol Energy’s McElroy Mine two years ago. Goudy …

Doak Wins Oklahoma Insurance Commissioner Race

Oklahoma will have a new insurance commissioner next year, as insurance agent John Doak joined the Republican sweep in the Nov. 2 midterm elections to defeat current Commissioner Kim Holland. Unofficial results from the Oklahoma State Election Board show Doak …

Iowa to Spend $10M on Flood Mitigation

Iowa officials say they’ll use about $10 million in federal grant money on projects that they say will manage runoff and mitigate future flood damage. Iowa received an $84.1 million grant from the U.S. Department of Housing and Urban Development …

North Carolina Court Rejects Counties’ Challenge to 2008 Homeowners Rates

Municipalities do not have standing to challenge decisions on insurance rates issued by the state insurance department, a North Carolina Court of Appeals has ruled. Twelve North Carolina counties, led by dare County, along with 10 towns and two private …

Illinois Governor’s Race Too Close to Call

Illinois still doesn’t know who the next governor will be. The contenders, incumbent Gov. Pat Quinn, a Democrat, and Republican state Sen. Bill Brady of Bloomington, are running neck-and-neck, each with a little more 46 percent of the votes, according …

AIM and Quincy Mutual Launch Underwriting Alliance

A.I.M. Mutual Insurance Companies and Quincy Mutual Group will join forces to to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs of small to medium-sized employers in Massachusetts A.I.M. is a …

Insurance Premiums Paid by Texans Dipped Slightly in 2009

The property/casualty insurance industry in Texas experienced a “ho hum” year in 2009 with soft market pricing and a difficult economy taking a toll on written premium, according to a report released by the Independent Insurance Agents of Texas. Total …

Connecticut Insurance Commissioner Resigns

Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as the Nutmeg State’s top insurance regulator. Sullivan, a former executive at The Hartford, was appointed commissioner in 2007 by outgoing Gov. M. Jodi Rell, a Republican. His last day …