Latest Arizona Headlines
All the headlines from our Arizona Topic Page, ordered by recency.
Companies Limiting Ariz. Home, Auto Policies
May 8 2002 // Following the lead of State Farm, Prudential Insurance will limit Arizona customers seeking new auto and homeowner’s coverage in order to maintain control of its policyholder base, according to The Tribune....
Ariz. Legislature Approves AIA-Sponsored Measure to Streamline Insurers’ National Operations
Apr 17 2002 // The Arizona Legislature has unanimously approved an American Insurance Association (AIA)-sponsored bill that streamlines how Arizona insurers manage deductible workers’ compensation policies. HB 2276, authored by...
North Dakota’s BNCCORP Inc. To Acquire Ariz. Agency
Apr 1 2002 // BNCCORP Inc. of Bismarck, N.D., announced plans for its insurance subsidiary to acquire Milne & Company Insurance, Inc., d/b/a Milne Scali & Company, one of the largest independent insurance agencies in...
NAII States Ariz. Bill Would Benefit Rental Car Cos., Increase Other Auto Coverages
Jan 31 2002 // According to the National Association of Independent Insurers, rental car companies would be the only beneficiaries of a bill to shift insurance responsibility now moving through the Arizona Legislature. Under current...
Cyberinsurance Will Be Topic of Arizona Conference
Nov 14 2001 // Strategic Research Institute announced that it will carry the theme of its Cyberinsurance series of conferences to the entire technology spectrum at the 4th Annual Insurance Technology Symposium to be held Feb. 3-6, 2002,...
Arizona Airport Sees Possible Rate Increases
Nov 13 2001 // Unless the government intercedes, Tucson International Airport could face large increases in liability and property insurance rates because of the Sept. 11 attacks. The Associated Press reported the airport could see its...
PENN TREATY SUSPENDED IN AZ
Sep 24 2001 // Arizona Insurance Director Charles Cohen suspended the license of Penn Treaty Network America Insurance Company, prohibiting the company from issuing any new policies in the state. The action came as a result of a finding...
Penn Treaty Network America Insurance Co. License Suspended in Arizona
Sep 18 2001 // Arizona Insurance Director Charles Cohen has suspended the license of Penn Treaty Network America Insurance Company which will prohibit the company from issuing any new insurance policies in the state. The action came as a...
Courts Continue to Reject Diminished Value Concept in Class Actions
Sep 5 2001 // In spite of an ongoing influx of litigation, U.S. courts continue to reject class-action lawsuits involving diminished value, a concept referring to the difference between the value of a vehicle before and after it was...
Insurers Slow to Meet State Auto Liability Reporting Requirements
Aug 29 2001 // It doesn’t matter how much advance notice they get from the state motor vehicle departments — many insurance companies hold off until the last minute before considering how they will comply with automobile...
PAULA, GNU Begin Process Toward Eventual Consolidation
Jun 25 2001 // Pasadena, Calif.-based PAULA Financial (PAULA) and the managing general agency Great Northern Underwriters (GNU) of Portland, Ore., recently entered into a partnership, the first step of which entails the incorporation of...
Ariz. Gets Serious About Securities
May 21 2001 // The Arizona Department of Insurance and the Arizona Corporation Commission’s Securities Division are coordinating enforcement efforts to address a growing number of cases involving the sale of fraudulent securities...
Arizona Dept. of Insurance Publishes New Survey
Apr 17 2001 // A new look has come to the Spring 2001 edition of the Arizona Department of Insurance’s “Automobile Premium Comparison Survey.” Premiums are quoted for 10 cities throughout the state. Insurance Director...
Mutual Ins. Co. of AZ Affirmed
Mar 26 2001 // The “Api” FSR on Mutual Insurance Company of Arizona was affirmed by S&P. Key rating factors included extremely strong capital adequacy, historically positive operating results and conservative reserving....
WORKERS’ COMP IN CALIFORNIA: A Barren Landscape
Mar 26 2001 // Three months into the new year, the picture for the California workers’ comp market is not pretty, and it’s likely to get worse. Developments in recent weeks-including lowered ratings, carrier losses, declining...
State National Specialty Enters Arizona
Feb 26 2001 // Arizona has awarded State National Specialty Insurance Co. a certificate of authority for writing multiple lines of insurance. This authorization allows State National Specialty to write casualty, marine and...
Alliance Views AZ’s Proposed Fingerprinting Requirement as Burden
Feb 13 2001 // The Alliance of American Insurers filed comments with the Arizona insurance department regarding proposed amendments to the state’s insurance holding company law that would require insurers that are part of holding...
Arizona Firm Wins Right to File Suit in New York Court
Jan 16 2001 // A lower court decision that an Arizona insurance company could not sue its former attorney for malpractice, negligence and fraud was reversed last week by the Appellate Division of Arizona’s Supreme Court. Senate...
Shattered Dreams for 3 Arizona Men
Nov 27 2000 // An investigation by the Arizona Department of Insurance (DOI) Fraud Unit led to no-contest pleas last month in Maricopa County Superior Court by three owners of Phoenix, Ariz.-based Advantage Auto Glass LLC in connection...
Arizona DOI Fraud Unit Investigation Leads to No-Contest Pleas
Nov 3 2000 // An investigation by the Arizona Department of Insurance (DOI) Fraud Unit led to no-contest pleas last week in Maricopa County Superior Court by three owners of Phoenix, Ariz.-based Advantage Auto Glass LLC in connection...
