Government News

CLAIMS, LICENSING BILLS MOVE

The Senate Insurance Committee approved AB 393, the agent licensing bill, and AB 481, the claims bill, at a hearing...

WASH. RULING IS A VICTORY

The Washington State Supreme Court decided unanimously to affirm a lower court’s ruling that insurers need not include all possible...

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The fall of California Insurance Commissioner Chuck Quackenbush was painful to watch. There was no quick, quiet exit. It was...

Chubb’s ‘A++’ Affirmed

The ‘A++’ financial strength ratings of the property/casualty subsidiaries of The Chubb Corporation were affirmed by A.M. Best. The ratings...

e-SIGNATURE BILL SIGNED

“And all of you young people will someday look back on this day …and marvel that it was considered a...

OVERSEAS TO BUY RELIANCE RE

Bermuda-based Overseas Partners Ltd (OPL) has agreed to acquire Reliance Reinsurance Co. from Reliance Insurance Co., but will not assume...