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Washington News

Iroquois of California Names Mullens Regional Manager

Iroquois of California based in Sacramento has added a former insurance consultant, marketing manager and agency owner to its staff. Mike Mullens will serve as regional manager in Northern California, bringing more than 17 years of experience in the areas …

California Continues To Evaluate Insurers’ Iranian Investments

California Insurance Commissioner Steve Poizner has released a list of 50 companies doing business in the Iranian oil and natural gas, nuclear and defense sectors, and announced that as of March 31, 2010, no investments that an insurer holds in …

A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …

Special Reuters Report: Inside Toyota’s Epic Breakdown

Toyota Motor Corp., the world’s most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on taxpayer-funded life support. But in …

Washington Closer To Creating Emergency Insurance for Flooding

Washington is one step closer to allowing the creation of a flood insurance joint underwriting association (JUA), a publicly sponsored, temporary, not-for-profit insurer of last resort to provide insurance when certain types of coverage become unavailable on the open market. …

Toyota Adds Prius to Global Recall List; Brake Problems Cited

Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis. The world’s largest automaker …

Collapse Concerns Grow as Snowstorm Slams Eastern States

Maryland, Virginia and Washington D.C. were particularly battered by a weekend snowstorm that caused massive power outages and resulted in moderate structural damage to areas in the region. At least two deaths were reported, and now the insurance industry is …

Meteorology: It’s Not ‘Rocket Science;’ It’s a Lot More Complicated

Everyone’s heard the shibboleth “It’s not rocket science.” This implies that whatever “it” may be it’s easier than flying a rocket. In fact Robert Goddard fired off the first real rocket in 1926. Today rockets are an integral part of …

Only 20% of Oregonians Insured for Earthquake Risks

Although Oregon is among the states at highest risk for a major earthquake, only about 20 percent of Oregonians have earthquake insurance, according to a Department of Consumer and Business Services (DCBS) survey. “Consumers may want to think about their …

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. Public Officials Liability Market Detail: Apogee Insurance Group a Berkshire Hathaway Group offers agents access …