Washington News

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. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …

Restoration Association Names Winters President

Vancouver, Wash.-based Institute of Inspection, Cleaning and Restoration Certification (IICRC) has named Patrick Winters its first, full-time paid president, effective August 1, 2009. Winters will report to the IICRC board of directors and its chairman. The newly-created position that Winters …

Farmers Acquisition of 21st Century Insurance Finalized

Los Angeles-based The Farmers Insurance Group of Companies has completed the acquisition of 100 percent of AIG’s U.S. Personal Auto Group, which includes 21st Century Insurance. In addition to 21st Century Insurance, the acquisition includes the former AIG Direct business …

TAPCO Underwiters Now Offering E&S Services to Mississippi Agents

TAPCO Underwriters, Inc., a Burlington, North Carolina-based excess and surplus lines managing general agency, is now offering its services to retail insurance agents in Mississippi. TAPCO is known for its unique service model that allows for coverage to be bound …

Continental Risk Insurance Offers Workers’ Comp Program

Continental Risk Insurance Services is now offering worker’s compensation coverage for hundreds of classes including contractors, manufacturers, and fitness clubs with a specialization in large accounts. Free help-line services are offered along with an in house claims and audit team. …

Abacus Insurance Brokers Expands Online Stunt Coverage Offering

Abacus Insurance Brokers Inc., a Los Angeles-based program manager that distributes specialty insurance products online, has enhanced its portfolio of production programs by expanding the range of eligible stunts. Coverage for pyrotechnics, demolitions, explosions, wild animals, car chases and motorcycles …

Enviros Sue FEMA Over Oregon Flood Plain Development

Environmental groups sued the Federal Emergency Management Agency, saying the agency failed to consider how its national flood insurance program affects Oregon’s federally protected salmon and steelhead. The National Wildlife Federation, Audubon Society of Portland and other groups say FEMA …

AIG Lobbied Congress to Ease Accounting Rules, FASB Chief Says

The top U.S. accounting rulemaker denounced the “politicization” of accounting standards on Friday, three months after he was pressured by Congress to make changes that would help banks’ results. Financial Accounting Standards Board Chairman Robert Herz said lobbying by special …

Supreme Court Firefighter Ruling Could Affect Other Hiring Programs

The U.S. Supreme Court overruled President Barack Obama’s high court nominee Sonia Sotomayor Monday in an important race discrimination case, but the White House remained confident she would be approved. The court’s 5-4 ruling held that the city of New …

Study Forecasts Deaths, Injuries After GM, Chrysler Bankruptcies

More than 3,400 Americans will be injured or killed by a defective Chrysler or General Motors vehicle during the first year of the car makers’ bankruptcies, according to a report by a consumer safety advocacy group. The report predicts that …