Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Court Turns Maryland Condo Insurance Upside Down
Jun 3 2008 // A dispute over $6,400 in damage to a Maryland townhouse led to an unexpected court decision that has reversed 26 years of standard industry practice, and left insurers, agents, lawmakers and condominium associations...
California Regulator Says Insurance Needs Local Regulation, More Modernization
Jun 3 2008 // Insurance is best regulated at the local level. That’s the opinion of California Insurance Commissioner Steve Poizner, who shared his views during his welcome address to the National Association of Insurance...
Okla. Lawmaker With Insurance Industry Ties Won’t Run Again
Jun 2 2008 // Ron Peterson, the Oklahoma lawmaker who blocked health insurance mandates after getting thousands of dollars in contributions from insurance companies, is only one of a growing list of Republican House leaders opting to...
Tornado Warning Sirens Send Illinois Lawmakers Running for Cover
Jun 2 2008 // Tornado warning sirens chased lawmakers to the statehouse basement, a semitrailer was blown from a roadway and homes and an airport building were damaged as severe storms battered parts of Illinois and Indiana on late on...
Florida Regulator Issues Final Order in Hartford Rate Challenge
Jun 2 2008 // Florida Insurance Commissioner Kevin McCarty affirmed the ruling of an administrative law judge regarding the rate filing challenge between the Office of Insurance Regulation and The Hartford Companies. McCarty’s...
Bermuda Insurance Regulator to Beef Up Staffing
Jun 2 2008 // Bermuda’s insurance regulator is increasing staffing by as much as 50 percent as it sets its sights on eventually reaching a mutual recognition agreement with other domiciles, executives at an insurance conference...
NAIC: Don’t Pack Your Bags Just Yet
Jun 2 2008 // The National Association of Insurance Commissioners (NAIC) currently makes its home in America’s heartland, in Kansas City. In this age of telecommuting, videoconferencing and e-mail that works just fine. It even...
Declarations
Jun 2 2008 // Insurance Industry Move “Shortly after September 11, it became very clear to me that the federal government lacks the expertise it needs on insurance policy. Our experiences after Hurricane Katrina and the ongoing...
GINA: A Solution in Search of a Problem?
Jun 2 2008 // New law prohibits insurers from genetic discrimination Congress passed — and the President signed — a bill prohibiting discrimination by health plans and employers based on an individual’s genetic makeup. The...
Texas Review Board Says Insurance Department Works Well but Offers Changes
Jun 2 2008 // Department could do a better job regulating property/casualty rates Texas Sunset Advisory Commission staff in a report released in May 2008 said the Texas Department of Insurance functions well but that the state’s...
Insurance Companies Face Global Warming Claims
Jun 2 2008 // Corporations exposed to liability for greenhouse gas emissions The industry is about to enter an era of global warming insurance claims. Scientists have been warning about the impact global warming could have if greenhouse...
GINA: A Solution in Search of a Problem?
Jun 2 2008 // New law prohibits insurers from genetic discrimination Congress passed — and the President signed — a bill prohibiting discrimination by health plans and employers based on an individual’s genetic makeup. The...
Arizona Passes Captive Insurance Legislation
Jun 2 2008 // The Arizona Legislature passed a bill designed to allow captive insurers to cover employment practices liability risk and remove the requirement that at least one incorporator be a resident of the state. Captive insurance...
RMS Attends Chinese Regulatory Conference to Promote Data Standards
May 30 2008 // In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with...
Fla. Gov. Signs Law Extending Citizens Rate Freeze; Nixes Private Incentive
May 29 2008 // Gov. Charlie Crist has signed homeowners insurance legislation in Florida that extends for another year a rate freeze for the 1.2 million customers of state-backed Citizens Insurance whose premiums in some cases are...
State Regulators Call for More Study of Credit Scoring Use in Insurance
May 28 2008 // State regulators recently told Congress that more study of the use of credit scoring by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere...
New York Senate Bill Bans Texting While Driving
May 28 2008 // The New York Senate has passed legislation that would prohibit drivers from reading, writing or sending text messages while driving in the Empire State. The law modifies earlier legislation that bans cell phone use while...
Anti-Bias Laws Cover Retaliation Claims, U.S. Supreme Court Rules
May 27 2008 // Employees who complain of racial bias in the workplace and then face retaliation can sue under a post-Civil War-era law barring discrimination, the U.S. Supreme Court ruled Tuesday. In a second similar decision, the high...
West Va. Judge OKs Hospital Settlements with 9 More King Patients
May 27 2008 // A circuit judge has approved settlements totaling more than $10 million in nine more malpractice lawsuits that accused a former West Virginia doctor of harming patients. Lawyers for Putnam General Hospital and the...
Judge: Company Will Pay $10M for Tainted Lunch Boxes
May 27 2008 // A judge has ordered a Los Angeles-based company to pay more than $10 million for selling the state lead-tainted lunch boxes. The company, T.A. Creations, sold 100,000 children’s lunch boxes to the California...
