Washington News

Sen. Nelson Questions BP Tax Break for Oil Disaster Cleanup Costs

A U.S. senator from Florida called for a congressional inquiry into BP Plc’s plan to use losses from the Gulf of Mexico oil spill to reap $10 billion in tax benefits. Senator Bill Nelson said Wednesday he wants a probe …

Upcoming Kansas Primary to Decide Next Insurance Commissioner

Experience and support for the new federal health care reform law are the defining issues in a Republican primary for Kansas insurance commissioner that will determine who holds the office for the next four years. Republicans also must pick nominees …

Bill to Eliminate Oil Liability Limit Comes Under Fire

Republicans and some moderate Democrats in the U.S. Senate Wednesday began picking apart a new energy bill that they complained goes too far in holding oil companies responsible for accidents like the massive Gulf of Mexico spill. “I think people …

Two Accused of Faking $1 Million in Aflac Claims in Georgia

Two people have been indicted on charges they stole nearly $1 million from insurer Aflac Inc. by filing false insurance claims from 2007 to 2009. The Columbus Ledger-Enquirer reports that federal prosecutors are accusing former Aflac employee Danielle Mahone and …

H. Linwood Insurance Services Writes Commercial Insurance

Headquartered in Carlsbad, Calif., H. Linwood Insurance Services Inc. (HLIS) has opened its doors as a full-service brokerage firm for commercial insurance business in multiple states. In addidtion to its home office, the company will have two satellite offices in …

Europe’s CEA Expresses Concerns on Reinsurance Tax Proposals

The CEA (Centre d’Etudes d’Assurance), the European insurance and reinsurance federation, has written to the US House of Representatives to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities. The comments center on …

Tropical Storm Threatens Gulf Oil Disaster Containment

BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …

House Approves Oil Spill Clean-Up, Drilling Safety Bill

The House passed legislation this week that promotes new ways to clean up oil spills and aims to make deepwater drilling safer. The two measures responding to the BP oil spill in the Gulf of Mexico cleared the House by …

Conover Insurance Names McEuin VP in Commercial Division

Conover Insurance of Pasco, Wash., has named Darren McEuin vice president within the commercial division. McEuin joined Conover in 2001 as an account executive in the Commercial Insurance Division and primarily concentrates his efforts serving the manufacturing and agricultural industries …

Penny Named Regional President at Brown & Brown

Brown & Brown Inc. has promoted J. Scott Penny to the position of regional president. Penny, who has served as a regional executive vice president since 2002, is responsible for oversight of retail profit center operations of Brown & Brown …