Washington News

Democrats Optimistic on Health Care Bill Prospect

House Speaker Nancy Pelosi said Tuesday she was sure Democrats in the House of Representatives and Senate would produce a final health care reform plan that would hold insurers accountable and make medical coverage affordable. She did not promise the …

Key Differences in Senate, House Health Bills

Democrats in the U.S. Congress are preparing to merge the two health care bills passed in 2009 by the Senate and House of Representatives into a single bill. This compromise bill would have to be passed by both chambers of …

CNA Chief Motamed: What’s Ahead for CNA, Economy, Industry

After 30 years at Chubb Corp, Thomas Motamed joined Chicago-based commercial lines insurer CNA Financial in January 2009 as chairman and CEO. In this edited interview with Insurance Journal’s Andrew Simpson, Motamed talks about his goals and changes at CNA, …

Washington To Tackle Credit Scoring, Streamline Agent/Broker Licensing

Bills to improve health care, protect consumers, ban the use of credit scoring , streamline the licensing of agents and brokers, and broadening the definition of what’s considered “emergency care” are all on Washington’s Office of the Insurance Commissioner’s (OIC) …

Idaho Schools Among Driving Safety Grant Winners

Students at two high schools in southwestern Idaho are getting grants to launch campaigns aimed at preventing reckless teen driving. State Farm Insurance says Melba High School and Kuna High School are among the 20 schools in the Pacific Northwest …

Vehicle Safety Inspections Fade into D.C. History

The District of Columbia has done away with vehicle safety checks, but car owners still must pay $35 and wait in long lines for federally mandated emissions tests. The inspection charge is the same as it was before Oct. 1, …

Washington Not Increasing Minimum Wage in 2010

Washington’s Department of Labor & Industries reminded employers that for the first time since voters passed an initiative 11 years ago indexing the minimum wage to the Consumer Price Index, the state minimum wage will remain unchanged. The minimum wage …

Levees Beneath Threatened Washington Dam Called Weak

Half a dozen stretches of levee on the Green River in Washington, below the threatened Howard Hanson Dam, are porous and unstable, according to a Seattle Times report. Those stretches, between Auburn and Tukmila, are considered a failure risk should …

Captives Fuel Growth and Income for Agency Owners

In times like these, where the insurance industry is now in its fifth year of a soft market, the use of an agency captive insurance company can spark both revenue and profits to improve an agency’s overall financial performance. The …

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …