Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Litigation Trends Continue to Mount Worldwide; Insurers Face Five Times the Average Number of Lawsuits
Oct 11 2006 // Insurance companies are the litigation champions confronting an average of 1,696 lawsuits, spanning from product liability and environmental class actions to directors and officers claims, and even coverage fights over...
Neb. Supreme Court Ruling on Liability Changes 25 Years of Case Law
Oct 10 2006 // North Platte, Nebraka’s skate park is closed until further notice because of a state Supreme Court decision about liability and insurance coverage. The Nebraska Supreme Court ruled in late September that cities could...
Declarations
Oct 9 2006 // Commissioner challenge>/b> “The principal role is to make sure that the market works; that you have insurance products that are reasonably priced that provide the service that they’re purported to do with the...
Association launches attack on Garamendi regulations
Oct 9 2006 // California’s Insurance Brokers and Agents of the West (IBA West) has launched a legal attack on what it is calling California Insurance Commissioner John Garamendi’s attempt to illegally redefine agent and...
California anticipates lowering workers’ compensation insurance rates 6.3 percent
Oct 9 2006 // California Insurance Commissioner John Garamendi announced on Sept. 28 that he will likely recommend a further reduction in the state’s workers’ compensation insurance rates of at least an additional 6.3...
COURT RULES HURT PRISON GUARD NOT ENTITLED TO WORKERS’ COMP
Oct 9 2006 // A California correctional officer who was hurt while helping at an accident while on his way to work is not entitled to workers’ compensation benefits, the Third Appellate District Court of Appeal has ruled. The...
Finding a solution to natural disaster insurance
Oct 9 2006 // In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for...
House passes surplus lines, reinsurance regulatory reform legislation
Oct 9 2006 // The U.S. House of Representatives passed legislation on Sept. 27 that would apply single-state regulation and uniform standards to the nonadmitted insurance and reinsurance marketplace. H.R. 5637, The Non-Admitted and...
State regulators, insurer trades spar at Congressional hearing on insurer investments
Oct 9 2006 // The National Association of Insurance Commissioners President and Maine Insurance Superintendent Alessandro A. Iuppa told a House Financial Services Subcommittee panel last month that strong financial regulation of...
News Currents
Oct 9 2006 // Pa. court rebuffs Republicans on liability award law The Pennsylvania Supreme Court has rejected an effort by two high-ranking Republican lawmakers to revive a business-friendly law that would have altered how civil...
Finding a solution to natural disaster insurance
Oct 9 2006 // In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for...
Managing the rising tide of employment practices lawsuits
Oct 9 2006 // The reality of today’s workplace is that a wide variety of employee grievances may escalate, almost without warning, into costly lawsuits. Any time an employee objects to a company employment practice that is...
Association launches attack on Garamendi regulations
Oct 9 2006 // California’s Insurance Brokers and Agents of the West (IBA West) has launched a legal attack on what it is calling California Insurance Commissioner John Garamendi’s attempt to illegally redefine agent and...
Court rules hurt prison guard not entitledto workers’ comp
Oct 9 2006 // A California correctional officer who was hurt while helping at an accident while on his way to work is not entitled to workers’ compensation benefits, the Third Appellate District Court of Appeal has ruled. The...
Declarations
Oct 9 2006 // Commissioner challenge “The principal role is to make sure that the market works; that you have insurance products that are reasonably priced that provide the service that they’re purported to do with the...
California anticipates lowering workers’ compensation insurance rates 6.3 percent
Oct 9 2006 // California Insurance Commissioner John Garamendi announced on Sept. 28 that he will likely recommend a further reduction in the state’s workers’ compensation insurance rates of at least an additional 6.3...
News Currents
Oct 9 2006 // House passes surplus lines, reinsurance regulatory reform legislation The U.S. House of Representatives passed legislation on Sept. 27 that would apply single-state regulation and uniform standards to the nonadmitted...
State regulators, insurer trades spar at Congressional hearing on insurer investments
Oct 9 2006 // The National Association of Insurance Commissioners President and Maine Insurance Superintendent Alessandro A. Iuppa told a House Financial Services Subcommittee panel last month that strong financial regulation of...
Judge in Miss. Allows Questioning of State Farm Employees
Oct 6 2006 // A federal judge this week refused to block employees of State Farm Fire and Casualty Co. from being questioned under oath by lawyers in civil cases while they are targets of a criminal probe of the company’s handling...
Fla. Mandates Boost in Insurance Discounts for Storm Mitigation
Oct 5 2006 // Many Florida homeowners will get larger property insurance discounts — about double what they now receive — for improvements aimed at avoiding hurricane damage under a rule approved this week by Gov. Jeb Bush and the...
