Washington News

2009 a Boom Year for Government Activity on Insurance

Legislative and regulatory activity affecting the insurance industry has increased considerably in 2009 compared to the previous two years, according to a new report. From January to July 2009, more than 10,000 pieces of legislation with potential effects on the …

Small Business to Congress: Fix Health Insurance Now!

Whether they’re young or old, entrepreneurs always have a hunger to come up with the next big idea, or to do something better than anyone else. That’s the spirit that lives in each and every small business owner. That’s what …

Bermuda Finance Chief Warns Nations of Risk of Overtaxing Business

The world’s wealthiest nations risk harming “the goose that lays the golden egg” if they overtax businesses, Bermuda’s finance minister said on Thursday, adding that her island nation had surpassed other offshore centers in meeting new tax rules. “As a …

Strong Earthquakes Abroad Could Weaken Geologic Faults in U.S.

Powerful earthquakes may be a trigger for weakening geologic faults a half a world away, U.S. researchers said this week in a study that points to new ways to predict earthquakes. “Earthquakes are caused when a fault fails, either because …

Suits Against Bush Officials Challenge Personal Immunity from Rights Claims

Former Attorney General John Ashcroft and one of his hardline lieutenants face the rare prospect of being held personally liable for alleged violations of individuals’ rights in the aggressive aftermath of the 2001 terrorist attacks. High-ranking officials usually are protected …

Driver Distraction Costs 6,000 Lives a Year; Many Teens

Opening a government meeting on auto safety, the Obama administration reported Wednesday that nearly 6,000 people were killed and a half-million injured last year in vehicle crashes connected to driver distraction, a striking indication of the dangers of using mobile …

US May Target Insurers, Gasoline Imports in Iran Sanctions Strategy

The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear standoff. President Barack Obama warned Iran last …

Insurers Back Away from Washington Flood Area

Insurance brokers say private companies won’t sell flood insurance in Kent, Renton, Auburn and Tukwila where the Corps of Engineers says Green River flooding is likely this winter. Federal insurance is still available but capped at $500,000 for a structure …

AAA Survey: 1 Out of 5 Drivers Admits to Texting While Behind the Wheel

Nearly one out of five U.S. drivers surveyed has read or sent a text message while behind the wheel, even though nearly all of the respondents in an AAA survey released on Friday considered such action unacceptable. “The new technologies …

High Tech May Pinpoint Antarctica, Greenland Sea Level Rise Risks

Dismayed by ice and storms, British explorer Captain James Cook had no regrets when he abandoned a voyage searching for a fabled southern continent in 1773. Finding only icebergs after he was the first to cross the Antarctic Circle, he …