Washington News

Washington Workplace Violence-Related Deaths Climbed in 2009

The slayings last year of six law enforcement officers, as well as several workplace suicides, caused deaths due to workplace violence to spike upward in Washington State, the Department of Labor & Industries (L&I) announced. There were 13 on-the-job homicides …

IBA West Pacific Northwest Chapter Joins Big ‘I’ Washington

Insurance Brokers and Agents of the West (IBA West) has disbanded its Pacific Northwest Chapter and joined forces with the Independent Insurance Agents and Brokers of Washington (Big “I” Washington). According to IBA West, “in light of continuing fiscal and …

North Dakota’s Pomeroy Says He’d Decline Insurance Lobbying Post

North Dakota Rep. Earl Pomeroy, who has been mentioned as a potential president of a Washington organization that represents life insurance companies, said he would not accept the position. “If they offered me the job, I would decline. I am …

Torus Appoints Groth Group Chief Risk Officer

Torus has appointed Carl Groth as Group Chief Risk Officer with immediate effect. He is based in New Jersey and reports to Chief Executive Clive Tobin. “Groth will drive the development of a comprehensive and integrated enterprise risk management program …

Confie Seguros Acquires Vern Fonk Insurance Services

New York-based Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired Puget Sound, Ore.-based Vern Fonk Insurance Services Inc. Vern Fonk serves Washington and Oregon. The acquisition broadens Confie Seguros’ presence and is …

Lawmakers Turn Up Heat on Treasury Chief Geithner Over AIG

U.S. lawmakers challenged Treasury Secretary Timothy Geithner’s credibility on Wednesday after he said he was not involved in a decision by bailed-out insurer AIG to withhold details about $62 billion paid to banks. Geithner held his ground at a hearing, …

Treasury Secretary Geithner Denies Role in AIG Disclosure

U.S. Treasury Secretary Timothy Geithner flatly denied any role in counseling American International Group Inc. to keep quiet about payments it made to leading banks during a 2008 rescue of the stricken insurer. Geithner faces a grilling on Wednesday before …

Perschetz Joins Baker & Daniels

Arthur D. Perschetz has joined Baker & Daniels as counsel in the law firm’s insurance and financial services group. He will also serve as a senior adviser with B&D Consulting, an advisory and advocacy division of Baker & Daniels. Perschetz …

Tapco Opens Underwriting Service Center in Dallas

Tapco Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA specializing in high-volume, transaction-based excess and surplus insurance lines, is opening an underwriting service center in Dallas, Texas. Tapco veteran Ellen McBride will manage the Dallas office. McBride has more than 25 …

Builders’ Lobby Sponsors Washington Workers’ Comp Initiative

A politically active construction-industry group wants voters to decide whether Washington’s workers’ compensation system should face private competition, a move opposed by organized labor and top Democratic lawmakers. The Building Industry Association of Washington has filed paperwork for an initiative …