Washington News

Workers’ Comp Claims Frequency Down

Yet Uncertainties Continue to Face the Business The workers’ compensation insurance industry experienced a year of mostly solid results in 2008, according to Dennis Mealy, NCCI Holdings Inc. chief actuary. In its annual “State of the Line” report, the NCCI …

The Biggest Loser?

Obesity Weighs Heavy on Workers’ Compensation Claims It’s time to face facts about our nation’s fat. About a quarter of our nation can be characterized as obese, according to the Centers for Disease Control and Prevention (CDC). And while that …

P/C Insurance Agents Battle Public Health Care Reform Option

Lobbyists for property/casualty insurance agents have elevated health care reform to the top of their political agenda. P/C agents have addressed health insurance legislation in the past but the issue has taken on new urgency for several reasons. First, after …

2009 Fire Season Outlook Identifies Few Areas of Concern

Forecasts Normal to Below Normal Potential Across Most of the West Northern California, where nearly a million acres burned last summer, is poised to possibly be another hotspot for wildfire activity in 2009, according to the Fire Season Outlook released …

Outside the Beltway-Big ‘I’ CEO on Carrier Relations, AIG and Agent Grassroots

Bob Rusbuldt, president and CEO of the Independent Insurance Agents & Brokers of America (Big “I”), sat down with Insurance Journal‘s Andrew Simpson at the association’s recent legislative conference in Washington, D.C. The following excerpts are from the complete interview, …

Amid Obstacles, Opportunities Exist

In today’s environment, the value of personal relationships, soar. Nobody fosters these better than insurance agents. You don’t need to get too deep into conversation these days to find out people are afraid. Given changes in business, the economy and …

Inside the Beltway-Federal Regulation Threat Remains Priority

Health care reform hasn’t completely overwhelmed federal regulation as a concern in Washington, at least for insurance agents. They believe that given all of the current financial turmoil, some type of financial regulatory reform is likely this year. “Congress is …

Inside the Beltway-Why Health Care Reform Matters to P/C Agents

P/C Agents Join Fight Against Competing Government Health Plan Property/casualty insurance agents have elevated health care reform to the top of their political agenda; the matter is now just a notch below the perennial battle against federal regulation of insurance …

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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Asbestos Liability Bill Fails to Pass Washington Legislature

The Washington Legislature has failed to pass a bill that would have limited a successor corporation’s liability for asbestos-related claims to an amount equal to the predecessor corporation’s adjusted total gross assets. According to the American Insurance Association, “Manufacturers would …