Newsbriefs

IIAA OPPOSES LAFALCE REG. PLAN

A new congressional proposal that would create a direct federal role in insurance regulation is being opposed by the Independent...

NAIC SELF-AUDIT PRIVELEGE GETS SUPPORT

National Association of Insurance Commissioners’ (NAIC) draft language on self-audit legislation will help insurers comply with state laws and regulations...

IDAHO PASSES CREDIT SCORING BILL

An Idaho State Senate committee recently approved a bill prohibiting insurers from charging a higher premium or deciding not to...

La. Names New Dep. Commissioner

Acting Commissioner of Insurance J. Robert Wooley named Paula Pellerin-Davis as the new Deputy Commissioner of the Office of Property...

Argonaut Group Forms Captive

Argonaut Group Inc., a specialty insurance provider headquartered in San Antonio, Texas, has formed a new captive business unit, Captive...

La. Agents Charged, Suspended

Two insurance agents in Lafayette were arrested and their licenses suspended after they allegedly submitted fraudulent documents and misappropriated insurance...

Okla. Storm Losses Reach $40M

Oklahoma Insurance Commissioner Carroll Fisher announced updated estimates for insured losses stemming from ice storms that hit the state Jan....

AB 749 GETS NOD FROM AAI

The California workers’ compensation reform bill signed into law Feb. 15 by Gov. Gray Davis makes significant strides toward improving...

U.S. Airlines Seek Liability Cover

U.S. airlines have gathered together to form their own insurance company in efforts to cover their extensive liability, according to...

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