Washington News

States balk at growing trend of federal preemption

Federal regulatory preemption is an “underhanded means by which unelected federal bureaucrats impose their will on the states,” charges New York Senator Michael Balboni, of the National Conference of State Legislatures’ Executive Committee. (Photo: NCSL) News Currents The federal versus …

Close to home: 1906 revisited

April 18 marks the 100th anniversary of the great San Francisco earthquake of 1906, a catastrophe that affected thousands of lives, caused hundreds of millions of dollars in damage and generated aftershocks in insurance and engineering communities that continue to …

POLL SHOWS DRIVERS DON’T SAVE MONEY IMMEDIATELY BY OWNING A HYBRID VEHICLE

Most new-car buyers in Washington who are likely to buy a hybrid share a common misconception that owning a hybrid car will save them money through better mileage, according to PEMCO’s Northwest Insurance poll. The Seattle-based insurer’s poll showed that …

Debra Bowers

People Conroe, Texas-based managing general agency and wholesale insurance broker Surplus Inc. announced key promotions within its management team. Debra Bowers was promoted to executive vice president. Bowers has 25 years of experience in the industry with 23 of these …

Archdiocese uses reserves to settle sex-abuse claims, pays $5.25 million

The Seattle Archdiocese looked deep into its reserve funds to cover the cost of settling sex abuse claims, church officials said. Meanwhile, the Roman Catholic Diocese of Spokane, Wash., and one of its main insurance carriers, have agreed to a …

New Markets

New Markets Excess Auto Liability Nuts & Bolts: Freberg Environmental Inc. has announced an excess automobile liability program. The program is designed to provide excess limits more than FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. …

New Markets

Excess Auto LiabilityNuts & Bolts: Freberg Environmental, Inc. has announced an excess automobile liability program. The program is designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program provides …

G.E. Young & Co. Hires Dekema as Business Development Director

Mike Dekema, of Kirkland, Wash., recently joined G.E. Young & Co., a third-party claims management company based in the Denver area, as director of business development. Dekema, who holds more than 34 years of experience in insurance, third-party claims management …

Florida Group Asks Members to Voice Their Opinion on the Federal Charter

The Florida Independent Insurance Agents have responded with a call to action in which it asks its members to make their opinions heard in Washington about Federal Charter Legislation proposed by the U.S. Senate. “On April 5, 2006, Senator John …

Okla. State Senate Passes Interstate Insurance Compact

Oklahoma Insurance Commissioner Kim Holland reported that the state senate passed the Interstate Insurance Product Regulation Compact, a measure Holland said was a priority for her, by a vote of 42-0. The measure passed the Oklahoma House unanimously in February. …