How California Bill Implements Federal NRRA Surplus Lines Reform March 8, 2011 By Richard Brown The Nonadmitted and Reinsurance Reform Act (NRRA), Subtitle B, Part I, Dodd-Frank Wall Street Reform and Consumer Protection Act, reaches...
Heffernan Insurance Brokers Adds Murphy as New Board Member March 8, 2011 Walnut Creek, Calif.-based Heffernan Insurance Brokers, one of the largest independent insurance brokerage firms in the United States, has added...
Judge Won’t Order Additional Damages Against Exxon for Valdez Spill March 8, 2011 By Yereth Rosen A federal judge has refused to order Exxon Mobil Corp. to pay an additional $92 million sought by the U.S....
PCI Opposes Legislation to Ban Use of Insurance Scores in Nevada March 7, 2011 Proposed legislation to prohibit insurers from considering a consumer’s credit history would take away discounted rates for the majority of...
California Earthquake Authority Targets $5 Million to Help Agents Sell Insurance March 7, 2011 By Patricia-Anne Tom New Zealand’s 6.3 magnitude Christchurch earthquake is expected to be one of the costliest global insurance events since 2008, with...
Washington Senate Passes Workers Compensation Change Opposed by Labor March 7, 2011 By Manuekl Valdes The Washington state Senate approved a measure Saturday that would drastically change the state’s workers compensation system by establishing an...
Federal Agency Calls for Pipeline Safety Reforms March 7, 2011 The nation needs new solutions to improve the safety of natural gas pipelines coursing beneath neighborhoods, federal investigators said last...
Direct-Link Acquires Mother Lode Insurance March 7, 2011 Direct-Link Holding Group LLC has acquired Mother Lode Insurance Services LLC of Cameron Park, Calif. The transaction marks the 40th...
Bill Would Increase Minimum Car Insurance in Nevada March 4, 2011 Legislators says a bill that would increase the minimum vehicle liability insurance may be a good idea, but some fear...
Colorado’s Pinnacol Assurance CEO Stripped of 2010 Bonus March 4, 2011 The board of insurance company Pinnacol Assurance has voted to strip CEO Kenneth Ross of his bonus for 2010. The...