News

The Utah Legislature approved a bill restricting fees that municipalities can charge after an accident occurs.

The Utah Legislature approved a bill restricting fees that municipalities can charge after an accident occurs.

Legislation will soon be re-introduced in both the House and Senate that will allow risk retention groups to sell commercial property insurance.

Currently pending in federal district court is a case between a risk retention group, the Alliance of Nonprofits for Insurance, and the Nevada Division of Insurance. As the court contemplates its ruling, the RRG industry awaits a decision that may reverberate nationwide.

Currently pending in federal district court is a case between a risk retention group, the Alliance of Nonprofits for Insurance, and the Nevada Division of Insurance. As the court contemplates its ruling, the RRG industry awaits a decision that may reverberate nationwide.

Two insurance and reinsurance companies have provided loss estimates for the February 2011 New Zealand earthquake, with both companies basing their individual losses on expected industry losses upward of $12 billion.