Washington News

Washington Closer to Eliminating Workers’ Comp Insurance Monopoly

A campaign to end the state’s monopoly on workers’ compensation insurance appears to have enough support to qualify for the November ballot, adding to a busy initiative season in Washington politics. Initiative 1082 supporters submitted stacks of petitions this week …

U.S. Launches Pre-Existing Condition Health Insurance Plan

The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …

Special Reuters Report: Oil Spill a Gusher for Lawyers; Litigation May Take Years

BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability may take years if not decades to assess Many federal laws allow civil, criminal liability From a legal perspective, BP’s …

More Oil Spills to Come, Says Professor

The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in …

Insurance to Cover Payments to Victims of D.C. Subway Accident

Officials from Washington, D.C.’s Metro service say families of the nine people who died in last year’s crash are eligible for a $50,000 insurance benefit. Metro said that Chartis, its excess liability insurance carrier, indicated that coverage is applicable in …

CNA Opens Los Angeles Office

CNA Financial Corp. has opened a new branch office in Los Angeles to extend the company’s geographic footprint and enable closer proximity to its agents, brokers and customers. “Our new Los Angeles branch is a tangible symbol of our strategy …

If Today’s Bid Fails, Next Likely Vote to Restart Flood Insurance: July 12

The future of the National Flood Insurance Program (NFIP) remains in limbo even as Hurricane Alex makes its way to the Texas coast today. Washington lobbyists say a vote could come today but if that doesn’t happen it could be …

Neal Bill, HR 3424, Proponents and Opponents Trade Salvoes

When U.S. Representative Richard Neal (D-MA) introduced, or more properly reintroduced, HR 3424, a bill aimed at closing what its proponents describe as a “loophole” in the U.S. tax code, he ignited, or more properly reignited, a longstanding controversy. Essentially: …

Pope Seeks to Avoid Deposition in Kentucky Negligence Case

The Vatican is asking a federal judge to reject an attempt to question Pope Benedict XVI under oath in a Kentucky sex abuse lawsuit on the grounds that there has been no evidence of a link to church officials in …

Surplus Line Association of Wash. Administers Flood Insurance Program

Washington State Insurance Commissioner Mike Kreidler and more than two dozen insurance companies have launched a new program to help Green River Valley businesses struggling to find flood coverage. The “Washington Flood Market Assistance Plan” will act as a matchmaker, …