Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
N.Y. workers’ comp trusts: rising prices and broker concerns
Nov 20 2006 // N.Y. workers’ comp trusts: rising prices and broker concerns The inadequate rates that many of New York’s workers’ compensation self-insured trusts charge may increase effective Jan. 1, 2007 due to...
‘J.A.I.L. for Judges’ amendment soundly defeated in S.D.
Nov 20 2006 // The American Insurance Association (AIA) and the National Association of Mutual Insurance Companies (NAMIC) said that common sense triumphed in South Dakota with the sound defeat of Amendment E, the so-called...
IIABA president: contingency commission crisis threatens agents
Nov 20 2006 // For a small to midsized independent insurance agency, contingency commissions can determine whether the business survives, according to many within the industry. That explains why Alex Soto, a Miami agent who is also...
Power shift in the political landscape
Nov 20 2006 // Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control...
Power shift in the political landscape
Nov 20 2006 // Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control...
Newcomer Sink, veteran Oxendine elected key insurance players
Nov 20 2006 // A veteran Republican Georgian commissioner and a Democratic novice Florida financial chief promise to play key roles in insurance issues in the Southeast in the years ahead as a result of the midterm elections. When the...
Power shift in the political landscape
Nov 20 2006 // Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control...
Calif. associations take issue with broker definition, OAL to weigh in
Nov 20 2006 // The California Office of Administrative Law (OAL) has decided to accept a petition filed by Insurance Brokers and Agents of the West (IBA West) requesting review of the outgoing Insurance Commissioner John...
IIABA president: contingency commission crisis threatens agents
Nov 20 2006 // For a small- to mid-sized independent insurance agency, contingency commissions can determine whether the business survives, according to many within the industry. That explains why Alex Soto, a Miami agent who is also...
Power shift in the political landscape
Nov 20 2006 // Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control...
SPECIAL REPORT: Surplus Lines
Nov 20 2006 // The insurance industry’s excess and surplus lines (E&S) sector has experienced a pronounced reversal of position in the last 20 years. Once considered a mere adjunct, a safety valve for risks that were too hard...
MODES OF INSURANCE REGULATION — WHO SUPPORTS WHAT?
Nov 20 2006 // H.R. 5637, the Nonadmitted and Reinsurance Reform Act, would: — Give sole regulatory and enforcement authority to the insured’s home state for the placement of surplus lines/nonadmitted insurance; —...
Democratic Congress OK for industry traditionally tied to Republicans
Nov 20 2006 // The new Congress may be blue on Capitol Hill, but insiders say that’s not necessarily a bad color for the insurance industry. “The more things change, the more they may remain pretty much the same,” said...
Power shift in the political landscape
Nov 19 2006 // With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of...
Power shift in the political landscape
Nov 19 2006 // With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of...
By Adam Friedlander
Nov 19 2006 // Some brokers have taken steps to protect themselves, asking clients to sign agreements to hold them harmless if they elect to obtain coverage from a trust. Their concern relates to the insolvency exclusion of self insured...
Conn. high court rules liability waiver doesn’t immunize negligent employer
Nov 19 2006 // Requiring a worker to sign a liability waiver does not give blanket immunity to employers if that person is later hurt on the job, the state Connecticut Supreme Court has ruled. The ruling said the waivers do not protect...
News Currents
Nov 19 2006 // Newcomer Sink, veteran Oxendine elected key insurance players A veteran Republican Georgian commissioner and a Democratic novice Florida financial chief promise to play key roles in insurance issues in the Southeast in the...
Power shift in the political landscape
Nov 19 2006 // With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of...
Power shift in the political landscape
Nov 19 2006 // With Democratic majorities in the House and Senate, we’ll likely see action on a number of insurance issues. Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of...
