Latest AIA Headlines
All the headlines from our AIA Topic Page, ordered by recency.
Oklahoma Supreme Court Rules Workers’ Comp Opt-Out Unconstitutional
Sep 14 2016 // The Oklahoma Supreme Court handed a major setback to proponents of workers’ compensation alternatives on Sept. 13, ruling that the state’s Opt Out Act is unconstitutional. The high court’s 7-2 ruling came...
AIA Backs California Bill Changing Workers’ Comp Filing Requirements
Sep 8 2016 // The American Insurance Association is asking California Gov. Jerry Brown to sign into law a bill that would exempt large employers from waiting for insurance commissioner approval of ancillary agreements that are part of...
Business-Backed Group Pushes for Workers’ Comp Alternative in Illinois
Aug 22 2016 // An Illinois think tank has published a report expressing support for a workers’ compensation opt-out system in that state, saying that it would give employers the ability to lower costs and allow for a more flexible...
Business-Backed Group Pushes for Workers’ Comp Opt-Out in Illinois
Aug 8 2016 // An Illinois think tank has issued a report expressing support for a workers’ compensation opt-out system, stating that it would give employers the ability to lower costs and allow for a more flexible workforce. In...
AIA Urges Mitigation, not Regulation to Ease Oklahoma’s Quake Coverage Woes
May 24 2016 // In testimony submitted to Oklahoma’s insurance commissioner, the American Insurance Association (AIA) has suggested that the state look at mitigation, rather than further regulation of the earthquake insurance market...
AIA Applauds New Massachusetts Opioid Law
Apr 4 2016 // The American Insurance Association (AIA) lauded Massachusetts Gov. Charlie Baker for signing comprehensive opioid abuse legislation (H 4046) on March 14. Opioids are synthetic versions of opium-derived drugs, many of which...
Insurance Trade Groups Oppose Minnesota Auto Insurance Bill
Mar 17 2016 // Property/casualty insurance trade groups, the American Insurance Association (AIA) and the National Association of Mutual Insurance Companies (NAMIC), have submitted testimony to the Minnesota Legislature in opposition to...
AIA Applauds Mass. Gov. Baker’s Signing of Opioid Abuse Legislation
Mar 16 2016 // The American Insurance Association (AIA) lauded Massachusetts Gov. Charlie Baker for signing comprehensive opioid abuse legislation (H 4046) Monday. Opioids are synthetic versions of opium-derived drugs, many of which were...
Hartford CEO Swift to Chair P/C Insurer Trade Group AIA
Mar 10 2016 // The Hartford Chairman and CEO Christopher J. Swift will become chairman of the board of directors of the American Insurance Association (AIA) at its March meeting, serving a one-year term. Swift succeeds Michael S....
AIA 2015 Net Income Drops 22% on Weak Asian Currencies, Market Volatility
Feb 25 2016 // AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a 22 percent decline in full-year profit as weaker regional currencies and stock-market gyrations detracted from business growth. The insurance...
U.S. to Pursue Covered Agreement with EU for Re/Insurers
Nov 22 2015 // The U.S. Treasury and U.S. Trade Representative announced plans on Friday to negotiate a covered agreement on insurance with the European Union, a move it said will “level the regulatory playing field for U.S-based...
Insurers Say Trans-Pacific Pact Important for Industry Growth, Jobs
Oct 5 2015 // U.S. property/casualty insurers are welcoming the news that the Trans-Pacific Partnership (TPP) parties have reached an agreement. Although details of the pact are unknown, the U.S. insurers say they believe the agreement...
People – West
Oct 5 2015 // Der Manouel Insurance Group in California has named Jim Wood as director of marketing. Wood will work with the DMIG consultants and service staff in finding the carrier solutions for clients. He will also help to develop...
AIA Names Pettibone to Head Western Region
Sep 15 2015 // The American Insurance Association has named Katherine Pettibone Western region vice president for state affairs. The AIA appointment is effective Oct. 1. Pettibone will be based in the association’s Sacramento,...
McClelland of Majority Leader’s Staff Joins AIA As VP for Federal Affairs
Jul 28 2015 // The American Insurance Association (AIA) announced that Wesley R. McClelland will assume the position of vice president for federal affairs effective Sept. 8. McClelland currently serves as senior policy advisor in the...
AIA New Business Value Advances 21% in First Half on China
Jul 24 2015 // AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a 21 percent increase in new business value as China became its second-largest market for the first time by that measure. The gauge of projected...
India’s Raise of Foreign Insurers’ Investment Cap a ‘Positive Step’: AIA
May 6 2015 // Stephen Simchak, director of international affairs for the American Insurance Association (AIA) In his testimony before the U.S. International Trade Commission (ITC) on trade and investment policies in India. Has welcomed...
AIA Reports 20% Hike in New Business During 1st Quarter
Apr 24 2015 // AIA Group Ltd., the third-largest Asia-based insurer by market value, said the value of new business climbed 20 percent in the first quarter, meeting analysts’ estimates. The measure of projected future profitability...
Pearce Joins Trade Group AIA as Tax Policy Director
Apr 14 2015 // The American Insurance Association (AIA) announced that David F. Pearce Jr. has been named vice president, director of tax policy for the association. Pearce previously served as a partner at American Continental...
Hong Kong-Based AIA Group Beats Estimates With 22% Jump in Profit
Feb 26 2015 // AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a bigger-than-expected 22 percent increase in full-year profit, led by business growth in China and Hong Kong. Net income climbed to $3.45...
