Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
No Charges for R.I. Lawmaker Who Left Scene of Minor Accident
Jan 4 2008 // Rhode Island Rep. Timothy Williamson will not face charges after leaving the scene of a minor car accident last month, an incident police have described as a hit-and-run. Williamson, a West Warwick Democrat and the town...
Insurers Win Court Fight over Delaware Home Insurance Renewals
Jan 4 2008 // In a victory for the insurance industry, a Delaware Superior Court has ruled that the state’s insurance regulator overstepped his authority when he prohibited property insurers from refusing to renew a homeowner...
Fitch Analyzes Brazil’s Overhaul of Reinsurance Rules
Jan 3 2008 // Fitch Ratings said it has “reviewed the main changes introduced by Resolutions 168, 169, 170, 171 and 172 of Brazil’s National Private Insurance Board, published in December 2007.” See also IJ web site:...
Hiscox Warns UK Companies of Increased Liabilities under ‘Manslaughter Act’
Jan 3 2008 // Specialist insurer Hiscox Plc has issued a stark warning to UK companies of their exposures to increased liabilities when the UK’s Corporate Manslaughter Act comes into force on April 6, 2008. The legislation had...
N.H. Fixes Workers’ Compensation Law for Contractors
Jan 3 2008 // As promised, New Hampshire lawmakers made changes to a controversial workers’ compensation measure affecting small contractors one of their first orders of business for 2008. Meeting in Concord on Jan. 2, the House...
Proposed Federal Regulation of Insurance Hotly Debated
Dec 31 2007 // Participants on a panel session debating the pros and cons of proposed federal regulation of the insurance industry at the Casualty Actuarial Society’s (CAS) annual meeting agreed there is a need for regulatory...
Top Insurance Stories in 2007 in Southeast
Dec 31 2007 // High heat, changing winds put reputations on the line. 1. Florida’s gamble “It’s all about rates,” maintained Sam Miller, of the industry’s Florida Insurance Council. Florida lawmakers in...
Top Insurance Stories in 2007 in Midwest
Dec 31 2007 // From storms that flooded the Midwest destroying homes and business in the summer to a court ruling that could have a significantly negative impact on the medical malpractice insurance market in the state of Illinois, 2007...
Mo. Water Park Accident Leads to Bill Requiring Insurance
Dec 31 2007 // A state lawmaker is proposing legislation that would impose new regulations on for-profit private water parks, including the need for at least $1 million in liability insurance. The move comes after a Joplin boy drowned...
Mass Toy Recalls – a Manufacturers’ Nightmare
Dec 31 2007 // Although this year’s presents have long been opened, those who supply them have concerns that just won’t go away. “In the run-up to Christmas, there can have been few more worrying issues for toy...
No-Fault Auto Insurance Requirement Back in Force in Florida Jan. 1
Dec 31 2007 // Florida drivers will have personal injury protection coverage added to their policies Jan. 1 as the state returns to a no-fault system after a three month break. Most people won’t have to do anything to comply with...
Top Insurance Stories in 2007
Dec 31 2007 // The debate over climate change captured the world’s attention, including the insurance industry’s, in 2007, while major hurricanes spared the United States’ coastline. The soft market took hold of...
Top Insurance Stories in 2007 in the West
Dec 31 2007 // While 2007 was a surprisingly calm year for hurricanes, that doesn’t mean Mother Nature didn’t have a tantrum or two. In 2007, the West faced its share of disasters, with freezes, floods and fires making news...
Top Insurance Stories in 2007 in East
Dec 31 2007 // New leaders tackled old issues and the region battled fire and rain. 1. No day at the beach Insurance markets for coastal properties continued to challenge insurers, agents, policymakers and property owners, despite an...
Conn. Insurance Chief Seeks ‘Mints on Pillow’ Treatment for Public
Dec 28 2007 // Connecticut consumers dealing with the state’s insurance regulatory agency should be left feeling they were given “mints on their pillow,” according to the no-nonsense man in charge. Insurance...
Minn. Judge Rules American Family Not Required to Cover School Shooter
Dec 27 2007 // A federal judge has ruled that American Family Insurance has no obligation to cover John Jason McLaughlin in the wrongful death lawsuit filed against him by the parents of the two Rocori students he killed in...
Bond Insurer ACA Financial Submits to Maryland Regulatory Control
Dec 27 2007 // In more fallout from the troubled credit market, ACA Capital Holdings Inc. has agreed to let the Maryland Insurance Administration and Commissioner Ralph S. Tyler assume control of much of its bond insurance division, ACA...
Judge Orders W. Va. Malpractice Claims to Proceed Amid Bankruptcy
Dec 27 2007 // Eight lawsuits alleging medical malpractice by a former West Virginia doctor can continue toward trial while he settles his debts in bankruptcy court, a judge has ordered. Dr. John A. King consented to the rulings issued...
Florida Rejects Travelers’ Homeowners Insurance Rate Increase
Dec 27 2007 // A proposed 4.6 percent average statewide increase for homeowners insurance by The Travelers Companies Inc., was rejected last week by Florida’s insurance commissioner. Kevin McCarty notified Travelers that its...
Scathing Audit: Calif. Workers’ Comp Insurer Needs Significant Reforms
Dec 23 2007 // California’s State Compensation Insurance Fund “has weak corporate governance, inadequate internal controls in various areas and a general inability to plan for the long-term,” according to an operational...
