Washington News

Continental Risk Opens California Marine Facility

Continental Risk Insurance Services, a surplus lines broker, has opened a new facility in Lodi, Calif., devoted to the marine industry. Operating under the name of Continental Marine Insurance Services, it will concentrate on marinas, boat dealers, boat manufacturers, yacht …

Agents: Federal proposal will be Trojan horse for optional federal charter

The National Association of Professional Insurance Agents recently reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers. “Those who want to dismantle state regulation of insurance and replace it with a federal government …

People and Places

Charles F. Taylor, CPCU, ARe, has joined ISU International as regional sales manager in ISU’s Indianapolis office, announced T.J. Ryan, III, president. The ISU Group is a national network comprised of 90 select agencies. All of the member offices remain …

72 days and counting until 2006 hurricane season

Legislators are meeting across the Southeast to discuss a wide variety of insurance issues: Proposals in Florida would designate hurricane tax revenue to help pay for hurricane repairs; there are a dozen proposals in Georgia, including one to give a …

BOOKER T. WASHINGTON INSURANCE GOES INTO RECEIVERSHIP

Alabama-based Booker T. Washington Insurance Company has voluntarily submitted to being placed into receivership in Jefferson County Circuit Court, Commissioner Walter A. Bell announced. “I am pleased with the leadership of Booker T. Washington Insurance Com-pany for working with us …

Washington SMART-ens Up: Effects of reform on the surplus lines industry

With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …

Multi-state class actions could infringe on state regulators

Allstate Insurance Co., the National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America have joined forces requesting a review of a Court of Appeals decision involving a multi-state class action appeal currently before the Washington …

Audit shows Washington insurers over-billed

The Spokane, Wash., City Council will decide whether to terminate a contract with a private ambulance company that overbilled hundreds of patients and insurance companies more than $320,000. The fire department was supposed to oversee the ambulance contract. An audit …

Editor’s Note: 72 days and counting until

Legislators are meeting across the Southeast to discuss a wide variety of insurance issues: Proposals in Florida would designate hurricane tax revenue to help pay for hurricane repairs; there are a dozen proposals in Georgia, including one to give a …

SPECIAL REPORT: Surplus Lines

With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …