Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
DIMA Rejects Claims it Opposes EC Reinsurance Regs
Jan 11 2006 // The Dublin International Insurance & Management Association (DIMA), which represents the majority of non-life insurers, non-life and life reinsurers, and captive managers located in Ireland, has strongly rejected...
FSA Insurance Head Reasserts Commitment to Contract Certainty
Jan 11 2006 // David Strachan, The U.K.’s Financial Services Authority’s Insurance Sector Leader, in a speech to the Insurance Institute of London, reiterated the FSA’s commitment “to finding an end to the...
Okla. Lawmaker Seeks Stiffer Fines for Burn Ban Violators
Jan 11 2006 // Violators of all burn bans in Oklahoma could face much steeper fines if legislation requested by State Rep. Mike Shelton passes during the upcoming legislative session. Currently, violations of the burn ban are...
Colo. Lawmakers to Tackle Auto Insurance, Regulatory Issues at 2006 Legislative Session
Jan 11 2006 // The 2006 legislative agenda for property/casualty insurers in Colorado will be dominated by automobile insurance and regulatory issues, according to the Property Casualty Insurers Association of America...
Ohio Insurance Dept. Amends Financial Regulation-Related Rules
Jan 11 2006 // The Ohio Department of Insurance recently filed revisions to several rules that could impact property and casualty insurance companies. The rules deal with solvency surveillance, acquisition or mergers, reinsurance terms...
Wash. Commissioner Testifies on Auto Legislation Involving Ethel Adams
Jan 11 2006 // Washington Insurance Commissioner Mike Kreidler was to testify on commissioner request legislation this week designed to prevent what happened to Ethel Adams last March from happening to any other Washington insurance...
Regulators Release 2005 Market Analysis Scorecard
Jan 10 2006 // The National Association of Insurance Commissioners (NAIC) has released its 2005 Market Analysis Scorecard to show transparency and accountability. The scorecard evaluated states on criteria such as the involvement of the...
Kansas Lawmakers Seek Tougher Penalties for Uninsured Drivers
Jan 10 2006 // The Kansas Department of Insurance recently estimated that nearly 10 percent of the state’s two million drivers are on the roads without the required coverage. Kansas lawmakers have taken those numbers seriously and...
Mass. Fair Plan Rate Case Drags On with Parties Far Apart
Jan 9 2006 // Hearings to decide on rates for the homeowners insurance residual market in Massachusetts have been going on since November and are likely to continue for several more months, according to officials. The three major...
R&M Analysis of Effects of FSA Regulation on UK Insurance Industry
Jan 9 2006 // Dublin-based consultants Research and Markets announced the addition of “UK Commercial Insurance Distribution 2005” to their offering. The new publication analyzes changes following the introduction of the new...
Full Plate of Insurance Issues Awaits Del. Legislative Agenda
Jan 9 2006 // The Delaware General Assembly will have a full plate of insurance issues on its agenda when it reconvenes on Jan. 10, according to Richard Stokes, regional manager for the Property Casualty Insurers Association of America...
Indiana Malpractice Bill May Take Sting from Docs Saying ‘I’m Sorry’
Jan 9 2006 // Usually saying “I’m sorry” means good things for the person that says it. However when a physician says “I’m sorry,” it could mean big trouble down the road in the court system. With...
West Va. Mine Survivor McCloy, Families of Deceased, Eligible for Benefits, Officials Say
Jan 6 2006 // Randal McCloy Jr., the only survivor brought out alive from the 260-foot-deep International Coal Group Mine, will be eligible for medical benefits and wage replacement benefits immediately, and will receive workers’...
Md. Revisits Bill Pressuring Wal-Mart to Improve Employee Benefits
Jan 5 2006 // A proposed Maryland law that attempts to pressure Wal-Mart to provide better health care benefits for its employees would violate federal law, the Maryland Chamber of Commerce said. The business group issued a report just...
Kansas Lawmakers Push for Tougher Penalities for Uninsured Drivers
Jan 5 2006 // Two tough bills to keep uninsured motorists off Kansas roadways will be on the agenda for consideration when the Kansas legislature convenes on Monday.The first proposed bill will help the state keep better track uninsured...
Judge Allows Convicted Criminal to Stay in Reburbished Mansion
Jan 5 2006 // U.S. District Judge Julie Robinson will allow convicted former utility chief, David Wittig, to stay in his refurbished mansion, saying the the state had failed to provide a direct tie between Wittig’s fraudulent...
Ala., Miss., La. Black Lawmakers Mull Hurricane Recovery Policy
Jan 4 2006 // Black lawmakers from Mississippi, Louisiana and Alabama say the three states should work together – rather than against each other – on issues such as hurricane recovery. “We can all empathize with each...
Gov. Barbour Urges Lawmakers Not to Rely on ‘One-Time Money’
Jan 4 2006 // Mississippi Gov. Haley Barbour has warned lawmakers not to rely on “one-time money” granted by Congress to aid in Hurricane Katrina recovery and outlined how the money would be used. Congress appropriated $29...
Treasury Issues Guidance on 2005 Terrorism Insurance
Jan 4 2006 // The Treasury Department issued interim guidance to assist the insurance industry in meeting new requirements for the Terrorism Risk Insurance Program. On December 22, 2005, President Bush signed into law the Terrorism Risk...
Minimum Car Insurance Requirements, Cost to Miss. Motorists to Increase
Jan 3 2006 // Thousands of Mississippi motorists will see a higher bill when they renew their automobile insurance in 2006. A new law that took effect Jan. 1 doubles the minimum amount of liability insurance Mississippi drivers must...
