Washington News

New Markets

Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique underwriting requirements …

New Markets

New Markets Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique …

New Markets

Homeowners – TexasNuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance–Coverage A–allows up to 25 percent additional coverage in …

Business Moves

Shareholders of Lincoln National Corp. approved its $7.5 billion acquisition of rival Jefferson-Pilot Corp. The combined company, with 2004 revenue of $9.5 billion, will be headquartered in Philadelphia. Eastern buys Howland’s Agency in Mass. Eastern Insurance Group has acquired Howland’s …

Homeowners – Texas

New Markets Nuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance-Coverage A-allows up to 25 percent additional coverage in …

Archdiocese Digs into Reserves to Settle Sex-Abuse Claims, Settles with Insurance Carrier

The Seattle Archdiocese has dug into its reserve funds to cover the cost of settling sex abuse claims, church officials said. Meanwhile, the Roman Catholic Diocese of Spokane and one of its main insurance carriers have agreed to a $5.25 …

News Currents

Washington Legislature moves quickly in election year Washington’s legislature wrapped up a short session in March, addressing its budgets and tackling “many controversial issues,” including Columbia River water, medical malpractice and gay rights, according to a report by the Insurance …

Closer Look: Insurance Associations

Editor’s note: This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for outdoor activities, …

Washington Legislature moves quickly in election year

Washington’s legislature wrapped up a short session in March, addressing its budgets and tackling “many controversial issues,” including Columbia River water, medical malpractice and gay rights, according to a report by the Insurance Agents and Brokers of the West (IBA …

WHO TO CALL?

Multi-State Agencies IBA West (Alaska, California, Oregon, Washington). Web site: www.iba west.com PIA West (Alaska, Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Washington). Phone: (888) 246-4466. Western Insurance Agents Association (Arizona, California, Colorado, Nevada and New Mexico). Phone: (800) …