Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Mass. extends deadline for residents to buy health coverage
Apr 9 2007 // The board that oversees Massachusetts’ landmark health insurance law voted last month to delay key elements of the plan by a year and a half to give residents and businesses a chance to ramp up their health care...
Perils of Citizens’ policy
Apr 9 2007 // As Florida lawmakers continue to deal with insurance problems, the insurance industry is not the only interest calling on them to look before they leap and avoid making matters worse for property owners, taxpayers and the...
S.C. expands wind pool to more coastal towns
Apr 9 2007 // A state-run insurance program has been expanded slightly to provide relief for some South Carolina coastal homeowners grappling with skyrocketing premiums, and Gov. Mark Sanford and other lawmakers promised a tax-incentive...
Fla. lawmakers face future of no-fault law
Apr 9 2007 // After her car accident, Sarah Capps suffered from a sore shoulder and back. What she thought were common pains turned out to be six herniated discs. Were it not for the protective medical coverage that every Florida car...
Consumer groups say market forces, not claims, caused most recent medical malpractice crisis
Apr 9 2007 // A consumer coalition released a report that disputes insurers’ contention that the most recent medical malpractice insurance crisis for doctors was caused by rising costs. The study, Stable Losses/Unstable Rates...
News Currents
Apr 9 2007 // Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study...
News Currents
Apr 9 2007 // Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study...
News Currents
Apr 9 2007 // Mass. extends deadline for residents to buy health coverage The board that oversees Massachusetts’ landmark health insurance law voted last month to delay key elements of the plan by a year and a half to give...
News Currents
Apr 9 2007 // Mo. Court dismisses homeowners’ lawsuits alleging discrimination Attorneys for a group of homeowners said they will continue the fight after a federal judge dismissed their lawsuits charging some of the...
Editor’s Note: Perils of Citizens’ policy
Apr 9 2007 // As Florida lawmakers continue to deal with insurance problems, the insurance industry is not the only interest calling on them to look before they leap and avoid making matters worse for property owners, taxpayers and the...
News Currents
Apr 9 2007 // S.C. expands wind pool to more coastal towns A state-run insurance program has been expanded slightly to provide relief for some South Carolina coastal homeowners grappling with skyrocketing premiums, and Gov. Mark Sanford...
Okla. judge orders new trial in Ford rollover lawsuit
Apr 9 2007 // A federal judge in Tulsa, Okla., ordered a new trial in a lawsuit against Ford Motor Co., finding improper conduct by a plaintiff’s attorney and vacating a $15 million jury award to a couple whose son was killed in a...
Handle customer data with care — it’s the law
Apr 9 2007 // Insurance agents and brokers constantly deal with customers’ personal information. Yet many in the industry may not be aware of the legal requirements for handling or storing this information. How should agents and...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
News Currents
Apr 9 2007 // Multiple factors came together in 2002 and 2003 that led to increased political pressure and calls for more oversight of SCIF. Management shaken up, investigations ensue at Calif. State Fund California Gov. Arnold...
People
Apr 9 2007 // Marsh Inc. appointed chief operating officers for three of its core business sectors. The executives are: Patricia Hagemann, who has been named chief operating officer of the Americas; David Lessing, chief operating...
Judge rules Spitzer suit may continue; Liberty Mutual not giving up fight
Apr 9 2007 // News Currents Liberty Mutual has vowed to continue its court fight against charges begun by former New York Attorney General Eliot Spitzer that it engaged in anti-competitive bid-rigging and broker compensation practices...
Bipartisan flood insurance ‘modernization’ bill boosts borrowing, maximum limits
Apr 9 2007 // News Currents U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that boosts the program’s borrowing authority to $21.5...
European Insurance Forum puts Ireland in the spotlight
Apr 9 2007 // Eighteen years ago an Irish insurance conference would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the...
A.M. Best cites 15 P/C insurers as financially impaired in 2006
Apr 9 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...
