Latest Rhode Island Headlines
All the headlines from our Rhode Island Topic Page, ordered by recency.
RHODE ISLAND ADOPTS FLEX RATING:
Aug 9 2004 // Rhode Island lawmakers recently passed a bill to relax regulation of personal lines insurance rates—flex-rating measure allowing insurers to increase or decrease rates by no more than 5 percent within a one-year period...
Rhode Island Wants Nightclub Owners Held Personally Liable for Failure to Carry Workers’ Comp
Aug 6 2004 // The owners of The Station nightclub of Warwick should be held personally liable for failing to have workers’ compensation insurance for their employees, the state of Rhode Island argued this week in Workers’...
More than 200 Plaintiffs Sue over R.I. Nightclub Fire
Jul 26 2004 // More than 200 people affected by Rhode Island’s deadliest nightclub fire are suing the state, club owners, Budwesier, makers of foam soundproofing material, an insurance company and other defendants, alleging that...
R.I. ADOPTS FLEX-RATING:
Jul 19 2004 // Rhode Island has relaxed its regulation of personal lines insurance rates. The House and Senate approved a flex-rating measure allowing insurers to increase or decrease rates by no more than 5 percent within a one-year...
Rhode Island’s Beacon Mutual Pursues Expansion Plan
Jul 14 2004 // Beacon Mutual Insurance Co., Rhode Island’s largest workers’ compensation insurance writer that was formed in 1990 as a state fund, is taking steps to write coverage outside of the state. The Warwick company...
R.I. Weighs Fire Sprinkler Rule Extensions
Jul 12 2004 // Rhode Island businesses unprepared to meet deadlines for installing sprinklers were supposed to face penalties this month, under stringent fire-safety rules political leaders hailed as the toughest in the nation. Few, if...
More Layoffs at Pawtucket Mutual in R.I.
Jul 8 2004 // Following the decision to cancel all of its remaining policies by next month, the Pawtucket Mutual Insurance Co. announced it would layoff 36 employees this week due to the reduced workload. The 155-year-old company is now...
R.I. Gov. Carcieri Vetoes Car Rental Policy Change
Jul 7 2004 // Rhode Island Gov. Donald Carcieri has vetoed a measure that would have restricted the state’s auto insurers’ ability to encourage the use of lower cost preferred providers for rental cars. The General Assembly...
R.I. Approves Flex Rating for Personal Lines
Jul 7 2004 // Rhode Island lawmakers have passed a bill to relax regulation of personal lines insurance rates in the state. The House and Senate have approved a flex-rating measure allowing insurers to increase or decrease rates by no...
R.I.’s Beacon Mutual to Expand into Other States for Workers’ Comp
Jul 5 2004 // Beacon Mutual Insurance Co., Rhode Island’s largest workers’ compensation insurance writer that was formed in 1990 as a state fund, is taking steps to write coverage outside of the state. The Warwick company...
R.I. MAY DELAY LEAD PAINT RULES:
Jul 5 2004 // Lead-paint regulations for thousands of old housing units were to take effect July 1 in Rhode Island, but real estate agents and a growing number of lawmakers say owners need more time to prepare for the changes. The...
R.I.’s Pawtucket Mutual Cancels All Remaining Policies
Jun 30 2004 // Rhode Island insurer Pawtucket Mutual Insurance Co., and its subsidiary Narragansett Bay Insurance Co., which are under state control but still solvent, is canceling in midterm all remaining policies, a decision forced by...
R.I. Lawmakers Recess After Approving Lead Paint Delay and New Health Insurance Post
Jun 28 2004 // The Rhode Island General Assembly went into recess early Saturday, June 26, after approving dozens of bills that included health insurance reforms, a delay in lead paint mandates for landlords and development of a new...
PCI Urges R.I. Gov. to Halt Rental Car Amendment
Jun 24 2004 // A trade association representing most of Rhode Island’s largest auto insurers is urging Gov. Donald Carcieri to veto a recently passed bill because of an amendment that would impact rentals of replacement vehicles...
R.I. Session Nears End with Med-Mal Push
Jun 23 2004 // As the end of the 2004 legislative session draws near in Rhode Island, Rep. Peter T. Ginaitt says he is pushing hard for the passage of his legislation to change some of the state laws governing medical malpractice...
R.I. Senate Backs Regional Health Plan
Jun 17 2004 // The Rhode Island Senate has approved legislation introduced by Sen. James C. Sheehan (D-Dist. 36) of Narragansett and North Kingstown to integrate Rhode Island’s insurance rules and regulations with those of...
R.I. Eyes Delay in Lead Paint Regulations
Jun 14 2004 // Lead-paint regulations for thousands of old housing units take effect July 1 in Rhode Island, but real estate agents and a growing number of lawmakers say owners need more time to prepare for the changes. The legislation...
New R.I. Law Allows Terrorism Exclusion for Certain Commercial Risks
Jun 14 2004 // A new Rhode Island law allows for a terrorism exclusion from the Standard Fire Policy (SFP) for certain commercial risks. The new law, which became effective last week, amends the state’s Special Commercial Risk...
R.I. Motor Vehicle Registry Expands Online
Jun 2 2004 // Rhode Island Governor Donald L. Carcieri has announced the launching of expanded online capabilities at the Division of Motor Vehicles that are intended to provide more convenient options to consumers. The owners of nearly...
After 205 Years, R.I.-Based Providence Washington to Close Its Doors
Jun 1 2004 // Providence Washington Insurance Companies is shutting down after more than two centuries, a victim of financial losses, an inability to raise capital and failure to find a buyer. The Providence, R.I.-based company’s...