Latest Washington Headlines

All the headlines from our Washington Topic Page, ordered by recency.

IIAA, Future One Host Insurance Campaign Institute in Washington, D.C.

Dec 10 2001 // The Independent Insurance Agents of America (IIAA) and Future One, an agent/company partnership, will host the third biennial Insurance Campaign Institute for agents and other insurance professionals interested in running...

Washington State Commissioner Calls for Bold Measures in Credit Scoring

Dec 5 2001 // Washington State Insurance Commissioner Mike Kreidler has called for bold measures to limit the use of credit scoring by the insurance industry, saying the increasingly common practice is likely hurting...

Law and Policy Internet Seminar To Take Place in Washington, D.C.

Nov 28 2001 // A new conference, “Law & Policy on the Internet: A Forum for the Insurance Industry,” is set for Jan. 7-8, 2002, in Washington, D.C. This event offers the latest analysis of online insurance...

NAII Asks Washington Court of Appeals to Reverse Lower Court Ruling

Nov 27 2001 // Liability insurance is not designed to cover each drink served to an already intoxicated customer as a separate incident, with maximum policy limits applying separately to each one, according to the National Association of...

Washington Democrats Face Challenge, According to NAII

Nov 15 2001 // Washington State Democrats apparently won two special House elections last week, breaking a three-year tie and giving them a 50-48 majority. Although absentee ballots will not be fully counted and certified until Nov. 21,...

ACE USA ASKS FOR EXCLUSION

Nov 12 2001 // Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies it issues to businesses. According to a report in The Seattle Times, the...

Brown & Brown Makes Moves in Washington, California

Nov 5 2001 // Brown & Brown Inc. and Raleigh, Schwarz & Powell Inc. as well as Golden Gate Holdings Inc., based respectively in Tacoma, Wash., and Novato, Calif. announced the finalization of their previously announced merger...

NAIC Meets in Washington to Discuss Sept. 11 Aftermath

Oct 24 2001 // Six weeks following the attacks on New York and Washington, insurance companies and regulators are still working on a plan to make sure future terrorist strikes are covered. According to a report in the South Florida...

Insurer Seeks Washington State Permission to Exclude Terrorism Acts

Oct 24 2001 // Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies it issues to businesses. According to a report in The Seattle Times, the...

True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured

Sep 24 2001 // “The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men and, through cooperation, his ability to find greatness.” —Minoru Yamasaki (1912-1987),...

Terrorist Acts Strike New York and Washington

Sep 11 2001 // Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the twin 110-story towers collapsed. The crashes occurred minutes apart just before 9 a.m., and...

Wash. Supreme Court Upholds Time Limit on Construction Defect Lawsuits

Sep 10 2001 // The American Insurance Association (AIA) reported that insurers and builders are applauding a unanimous decision by the Washington Supreme Court to reaffirm the statute of repose barring construction defect lawsuits six...

8 INSURERS FEEL FIRE RISKS

Sep 10 2001 // In seven western fire-prone states, eight large property and casualty insurers are exposed to 74.5 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc. States ranked by acres burned from...

NAMIC to Host 106th Annual Convention in Washington, D.C.

Sep 5 2001 // The 106th annual convention of the National Association of Mutual Insurance Companies (NAMIC) will take place Sept. 23-26, 2001, at the Washington Hilton and Towers in Washington, D.C. The convention, expected to attract...

Weiss Says 8 Insurers Are Exposed to 74.5% of Homeowners Risk in Western Fire-Prone States

Aug 28 2001 // In seven western fire-prone states, just eight large property and casualty insurers are exposed to 74.5 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc., a provider of independent...

It’s Fire Season: Time to Brush Up on Coverage and Prevention

Aug 27 2001 // Take an influx of homeowners moving into what was once open land, add a rainy winter which has fueled the growth of brush and vegetation, and you have a potential recipe for disaster. As of Aug. 15, close to 300 wildfires...

Ingraham and Begala to be Featured at IIAA

Jul 26 2001 // Republican political observer Laura Ingraham and former Clinton White House Senior Adviser Paul Begala are feature commentators for a political discussion at the Independent Insurance Agents of America’s (IIAA)...

Wash. Lawmakers Gear Up for Third Special Session, Transportation Bills at Issue

Jul 5 2001 // According to the National Association of Independent Insurers (NAII), as the Washington state legislature gears up for a third special session to settle transportation issues, insurance industry representatives are...

Earthquake Awareness: Not Just a California Thing Anymore

Jun 25 2001 // Residents in Oregon and Washington would probably be surprised to know that more than 1,000 earthquakes per year are recorded in the two states by the seismology lab at the University of Washington. The biggest reason for...

Banning Major Earthquakes-A Savvy, Market-Saving Move

Jun 25 2001 // Apparently, we’ve licked that quake insurance problem. Faced with the devastation (property and market) wrought by the Northridge Earthquake and the realization by insurers that the loss models they had carefully...