Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
La. Credit Score Bill May Harm Consumers, AIA Says
Apr 27 2006 // The Louisiana House Insurance Committee has passed legislation (H.B. 318) regarding a ban on the use of credit scoring information from 2005, which will negatively affect consumers and the overall insurance market in...
Insurers Say Auto Insurance Bill is ‘Good Public Policy’
Apr 26 2006 // The California Assembly Insurance Committee is considering a bill today that the Association of California Insurance Companies (ACIC) says would prevent the Department of Insurance from altering auto insurance rating...
California Legislation Aims to Assure Competitive Reinsurance Market
Apr 26 2006 // California’s Assembly Insurance Committee will be hearing a bill today co-sponsored by the Association of California Insurance Companies (ACIC) that is designed to assure a competitive reinsurance market in the...
Fla. Court Orders Southern Family Into Rehabilitation; Citizens to Receive Policies July 1
Apr 26 2006 // Leon County (Florida) Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Company, one of three financially-troubled property insurers of the Tampa-based Poe Financial Group, into rehabilitation. The...
Tenn. GOP Lawmakers Question Funding for Bredesen’s Insurance Plan
Apr 26 2006 // Republican lawmakers in Nashville, Tenn. have questioned the lack of an extended funding plan for Gov. Phil Bredesen’s Cover Tennessee health insurance proposal. Bredesen, a Democrat, has said he wants to use $100...
N.Y. Reacts to 4 Amusement Park Deaths in Past Year
Apr 26 2006 // Under a bill made public Monday, children younger than 11 wouldn’t be allowed to ride alone on amusement park attractions that take them out of the line of sight of the operators. The legislation, proposed by state...
Mass. House Overrides Gov. Romney Veto of Health Care Fee
Apr 26 2006 // Sending a sharp rebuke to Gov. Mitt Romney, House lawmakers voted overwhelmingly to overturn his vetoes to the state’s landmark health care law, including the controversial $295 fee on businesses who don’t...
Virginia Court Rules Against City in Polluted Water Insurance Claim
Apr 23 2006 // The Virginia Supreme Court ruled that the city of Chesapeake cannot recoup from its insurer $2.4 million in legal costs stemming from lawsuits over allegedly contaminated tap water. The court unanimously ruled that the...
R.I.’s Beacon Mutual Vows Cooperation With Subpoena, State Auditors
Apr 23 2006 // Employees and management at Beacon Mutual Insurance Co. in Warwick, R.I. are attempting to maintain “business-as-usual” for policyholders and agents even as they cope with demands from auditors, political...
Judge Sues Nationwide for Denying His Claim After Katrina
Apr 21 2006 // A federal judge in Gulfport, Miss., who would have presided over homeowners’ lawsuits against insurance companies after Hurricane Katrina is waging his own battle against the insurer of his Gulf Coast home. U.S....
Tenn. Judge Dismisses Move to Revoke Sen. Ford’s Insurance License
Apr 21 2006 // Efforts in Memphis, Tenn. by the state Department of Commerce and Insurance to revoke former state Sen. John Ford’s insurance license were shot down by a judge on Wednesday. The department said when Ford spent...
Son’s Drowning Spurs Mich. Woman to Convince Legislators to Take Action
Apr 21 2006 // A Grand Haven, Mich. woman has motivated the Michigan legislature to consider legislation regarding the theft of life saving equipment on beaches in the state. When a rip current grabbed hold of Vicki Cech’s son,...
Governor Claims Workers’ Comp Changes ‘Huge Success’
Apr 21 2006 // Gov. Arnold Schwarzenegger declared the sweeping workers’ compensation changes he pushed through the Legislature two years ago a “huge success,” but critics called them a disaster for injured...
Tokio Marine to Acquire Majority Stake in Asia General
Apr 20 2006 // Tokio Marine & Nichido Fire Insurance Co., Ltd., subsidiaries of Japan’s largest insurer (by net premiums written), Millea Holdings, Inc., announced that they have reached an agreement with shareholders holding...
Tenn. Health Insurance Plan Advances With Sunset Amendment
Apr 20 2006 // Tennessee Gov. Phil Bredesen’s proposed health insurance initiative was unanimously approved by a House subcommittee after being amended with a six-year sunset provision. The “Cover Tennessee” proposal is...
Minn. Proposals Seek to Avoid State Shutdowns, Raise Gambling Age, Fund State Insurance Pool
Apr 20 2006 // The Minnesota state House of Representatives is on track to approve a bill to fund the basic operations of state government, but several amendments attached to the proposal are being singled out for the most attention. An...
N.C. Launches ATV Safety Campaign
Apr 20 2006 // North Carolina Insurance Commissioner Jim Long has announced a statewide ATV safety blitz involving Safe Kids North Carolina, where volunteers across the state will coordinate efforts to educate parents and caregivers...
Insurers Applaud Signing of Maine Bill Limiting Uninsured Motorist Claims
Apr 19 2006 // In a major victory for Maine insurers, legislation drafted by the National Association of Mutual Insurance Companies (NAMIC) aimed at correcting a Maine Supreme Judicial Court decision hindering insurers’ ability to...
British Virgin Islands Reports 10% Overall Increase in Captives
Apr 19 2006 // According to figures released by the British Virgin Islands (BVI) Financial Services Commission the territory posted 10 percent overall growth in its captive insurance business in 2005. “Since the captive legislation...
Fla. House Proposal Would Use Full Surplus to Mitigate Citizens Deficit
Apr 19 2006 // Nearly $1 billion in state tax dollars would go to offset the deficit faced by Citizens Property Insurance under an amendment approved in Tallahassee, Fla. by a House panel that would help out Florida homeowners who are...
