Latest AIA Headlines
All the headlines from our AIA Topic Page, ordered by recency.
Fla. Commission Hears Plea for Stronger Building Codes in Panhandle
Jul 11 2006 // Stronger hurricane-resistant construction requirements in Florida’s counties comprising the state’s Panhandle region were recommended in testimony to the Florida Building Commission by the American Insurance...
Federal Insurance Antitrust Exemption: Insurer, Consumer Friend or Foe?
Jun 22 2006 // Congress opened a fresh debate on the insurance industry’s exemption from federal antitrust laws this week, with some larger insurers indicating a willingness to relinquish the exemption in exchange for regulatory...
California’s Mandatory Investment Reporting Unnecessary, Insurers Say
Jun 22 2006 // Legislation, sponsored by California Insurance Commissioner John Garamendi is unnecessary, will increase costs and will further complicate data collection, said the American Insurance Association (AIA). AB 925, authored by...
News Currents
Jun 19 2006 // Showing the money: Insurance industry ranks high in political giving Insurers and associations give to Republicans, Democrats and Independents in state-level politics In the 2004 election cycle, the insurance industry was...
U.S. Regulators May Scrap Full Collateral Requirements for ‘Alien’ Reinsurers
Jun 14 2006 // In an abrupt departure from procedures that have been in place since Wold War II, the National Association of Insurance Commissioners has taken a first step towards scrapping the “full collateral” requirements...
Trade Group Urges Gov. Granholm to Veto Bill Repealing Mich. Helmet Law
Jun 13 2006 // The American Insurance Association (AIA) has called upon Michigan Gov. Jennifer Granholm (D) to veto Senate Bill 297, which would repeal the state’s mandatory motorcycle helmet law. “The facts do not lie,...
Industry Groups Applaud Gov. Bush for Vetoing No-Fault Extension
Jun 1 2006 // Gov. Jeb Bush has vetoed SB 2114, a bill passed by the Florida Legislature, that would have extended the state’s no-fault auto insurance law for an additional two years. The PIP law will sunset Oct. 1, 2007, when...
AIG Receives China Group Sale License
May 29 2006 // American International Assurance Company, Limited (AIA), a subsidiary of American International Group, has received approvals from the China Insurance Regulatory Commission (CIRC) to conduct group insurance business...
AIA Urges S.C. House to Vote ‘No’ on Auto Legislation
May 26 2006 // The American Insurance Association has warned South Carolina drivers that higher auto insurance premiums could result if the South Carolina Legislature approves a bill raising the minimum required auto insurance limits. A...
AIA’s Snyder Tells London Audience GATS Outlook ‘Very Dark’
May 23 2006 // “It’s very dark right now,” said David F. Snyder, the American Insurance Association’s Vice President and Assistant General Counsel. He wasn’t speaking about the weather. He was referring to...
American Insurance Assoc. Urges Gov. Bush to “Veto” No-Fault Law
May 9 2006 // Now that the Florida Legislature has voted to extend the state’s automobile no-fault insurance law, the American Insurance Association has recommended to Governor Jeb Bush that he should use his “veto...
La. Credit Score Bill May Harm Consumers, AIA Says
Apr 27 2006 // The Louisiana House Insurance Committee has passed legislation (H.B. 318) regarding a ban on the use of credit scoring information from 2005, which will negatively affect consumers and the overall insurance market in...
AIA: La. Senate Committee Passes Destructive Insurance Bills
Apr 26 2006 // The Louisiana Senate Insurance Committee passed two bills that would be very destructive to the state if they became law, according to the American Insurance Association (AIA). “One bill (SB 707) is a very expansive...
Despite AIA Optimism USTR Change Raises Doubts on Doha Round
Apr 24 2006 // The American Insurance Association has issued a bulletin commending outgoing United States Trade Representative (USTR) Rob Portman for his leadership on trade negotiations. The AIA also welcomed his successor, Deputy USTR...
Miss. A/G’s ‘Careless’ Comments Shock American Insurance Association
Apr 19 2006 // The American Insurance Association has responded to stunningly careless and inappropriate public comments made last week by Mississippi Attorney General Jim Hood, in which he compared insurance companies dealing with...
Proposed California Homeowners Regs Bad Public Policy, Associations Say
Apr 14 2006 // Homeowners’ insurance regulations proposed by the Department of Insurance would result in higher premiums for many Californians, force insurers to charge unfair homeowner rates and cause subsidies among...
Group Calls Federal Legislation Comments Misleading, Uninformed
Apr 12 2006 // The American Insurance Association has called comments about federal legislation dealing with optional national insurance regulation made on behalf of the Consumer Federation of America “misleading.” Further,...
Senators Introduce Optional Federal Charter Legislation
Apr 5 2006 // Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators today unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation...
Indiana Legislature’s Short Session Addresses Pro-Business Issues
Mar 21 2006 // Despite a short, 60-day session and the House having a tight 51-49 split, the recently completed session of the Indiana General Assembly ended on a high note for insurers, according to the American Insurance...
PRIVACY, WORKERS’ COMP DOMINATE UTAH’S LEGISLATIVE SESSION
Mar 20 2006 // Utah insurers faced a busy and difficult year during the Utah 2006 legislative session, according to the American Insurance Association. “Insurers had to play a lot of defense this year,” said Steve Suchil, AIA...
