Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Tennessee Hears Calls for Safety Oversight As ATV Death Toll Rises
Oct 16 2009 // An East Tennessee teenager’s weekend death in an all terrain vehicle accident brought the state’s 2009 death toll in ATV wrecks to eight, and a national consumer safety spokeswoman said the national death toll...
Calif. Lawmaker Won’t Cede Health Insurance Rescissions Fight
Oct 15 2009 // A California assemblyman said Tuesday he’ll try a third time to get strict measures on when health insurance companies can cancel policies approved into law. Gov. Arnold Schwarzenegger on Sunday vetoed a bill backed...
Florida Approves 6.8% Workers’ Compensation Rate Cut
Oct 15 2009 // Florida Insurance Commissioner Kevin McCarty has given the green light to an overall statewide average workers’ compensation rate decrease of 6.8 percent. The decrease, which was proposed by the industry’s...
New Hampshire Argues Claim to $110M Malpractice Fund
Oct 15 2009 // New Hampshire will ask the state Supreme Court today to support its claim to $110 million in surplus from a fund that underwrites malpractice insurance. The central question is whether the fund’s policyholders have a...
White House Blasts Health Insurers’ Report on Costs of Reform Bill
Oct 13 2009 // The White House Monday blasted a report from the health insurance industry that said Senate healthcare legislation would lead to increases in annual insurance premiums of as much as $4,000 by 2019. The report for the...
Judge: Stanford, Others May Seek Defense Fees From Lloyd’s D&O Policy
Oct 13 2009 // Financier Allen Stanford and other executives who face charges related to an alleged $7 billion fraud may file claims for defense funds under a directors’ and officers’ insurance policy, a federal judge said...
Medical Lawsuit Curbs Would Save Billions, Congressional Study Finds
Oct 12 2009 // Limits on medical malpractice lawsuits would lead doctors to order up fewer unneeded tests and save taxpayers billions more than previously thought, budget umpires for Congress said in a reversal that puts the issue back...
Mississippi Court Rules Home Insurance Policy Covers Hurricane Wind Damage
Oct 9 2009 // In a 9-0 decision, the Mississippi Supreme Court has ruled that so-called “all-risk” home insurance policies may cover wind damage from hurricanes, even in situations where the loss is later exacerbated by...
Arguments For and Against Credit Scores Begin in Michigan Court
Oct 9 2009 // Attorneys on both sides of the issue argued before the Michigan Supreme Court on Oct. 7 as to whether insurance companies should be allowed to use credit history in setting auto and home premium rates. The practice was...
Florida Insurance Chief Grilled by Lawmakers
Oct 8 2009 // Some insurance companies could go out of business if a major hurricane hits Florida, the state’s insurance commissioner told a Senate panel this week. But after more than an hour grilling by lawmakers, Commissioner...
California Commissioner Questions Workers’ Comp Increase
Oct 7 2009 // California Insurance Commissioner Steve Poizner is indicating that he may not support the state Workers’ Compensation Insurance Rating Bureau’s (WCIRB) request to increase the Workers Compensation Cost Claims...
States, Industry Worried Federal Insurance Office Would Regulate
Oct 7 2009 // State insurance regulators, insurance carriers and independent insurance agents are concerned that redrafted legislation to create a federal insurance office makes the new agency too much like a regulator. Testifying...
New York Judge Awards Patient with Bedsores $2.2M
Oct 6 2009 // A New York court has ordered a hospital to pay $2.2 million to a quadriplegic man who developed bedsores “all the way down to the bone.” Attorney Raymond Keegan says caregivers failed to turn Eric Trainor every...
FERMA Welcomes 1100 to Prague Risk Management Conference
Oct 6 2009 // The Federation of European Risk Management Associations convened its bi-annual conference in Prague, the capital of the Czech Republic, on Monday, welcoming some 1100 attendees, and two new members. Newly installed...
Judge Denies Dartmouth College Request in Ski Death Case
Oct 5 2009 // A federal judge has denied a request by Dartmouth College to rule in its favor on a lawsuit over the death of a student in a 2004 skiing accident. Christina Porter was in an introductory skiing class to fulfill her...
New York Earns Accreditation by Insurance Commissioners’ Group
Oct 5 2009 // The New York State Insurance Department has been accredited under the National Association of Insurance Commissioners’ (NAIC) Financial Regulations Standards and Accreditation Program. “State insurance...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Oct 5 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
Declarations
Oct 5 2009 // No Government Handouts “Property/casualty insurers have not asked for government handouts, and our industry is stable and continuing to provide critical services to local economies and their communities.” —J....
Sheffield Joins Georgia Insurance Commissioner Race
Oct 5 2009 // One Priority Will be Growing the Captive Sector, Says Former Department Employee Attorney Maria Sheffield has become the latest candidate to enter the Republican primary to be the next insurance commissioner in...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Oct 5 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
