Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Pushing paper
Feb 6 2006 // There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of...
Proposed Calif. reinsurance regulations could hurt business
Feb 6 2006 // The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market competition,” according...
Surplus lines ready for some uncertainty
Feb 6 2006 // The surplus lines market remains alive, healthy and stable. Few argue with the success of this niche-based market, which has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005. The National...
Surplus lines ready for some uncertainty
Feb 6 2006 // The surplus lines market remains alive, healthy and stable. Few argue with the success of this niche-based market, which has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005. The National...
Rhode Island Beacon Mutual’s looks to write next chapter
Feb 5 2006 // Beacon Mutual remains a non-profit. Beacon remains Rhode Island based. Beacon remains focused exclusively on workers’ compensation. Nearly 15 years ago, Rhode Island employers faced an uncertain future: state law...
Rhode Island Beacon Mutual’s looks to write next chapter
Feb 5 2006 // Beacon Mutual remains a non-profit. Beacon remains Rhode Island based. Beacon remains focused exclusively on workers’ compensation. Nearly 15 years ago, Rhode Island employers faced an uncertain future: state law...
News Currents
Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information Center Windstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed After 2004, 2005 hurricane season, record attendance...
News Currents
Feb 5 2006 // Insurers seek bond measures for Texas catastrophe fund Taking a cue from the Scout motto “Be Prepared,” a group of insurers is recommending legislation that would allow for generating funds to help pay for the...
News Currents
Feb 5 2006 // Oklahoma’s legislative session shifts into gear Lawsuit reform, uninsured drivers are among issues to be debated. The bill-filing deadline for the Oklahoma Legislature passed Jan.19, 2006, and the session opens Feb....
News Currents
Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information Center Windstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed The controversy over litigation about wind vs. flood damage...
Proposed Calif. reinsurance regulations could hurt business
Feb 5 2006 // News Currents The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market...
E&S Market
Feb 5 2006 // The surplus lines market remains alive, healthy and stable. Few argue with the success of this niche-based market, which has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005. The National...
Editor’s Note: Pushing paper
Feb 5 2006 // There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of...
S.C. Senator Seeks Oversight Study of Insurance Department
Feb 3 2006 // A Hartsville, S.C. senator called for hearings Thursday to study whether the state Insurance Department is operating efficiently. Democratic Sen. Gerald Malloy wants the hearings held before action is taken to overhaul the...
New Mexico Considering Commercial Lines File and Use System
Feb 2 2006 // The National Association of Mutual Insurance Companies (NAMIC) and the insurance industry are working with the New Mexico Public Regulation Commission to finalize and implement proposed rate regulations that would convert...
La. Lawmakers to Debate Levees, Housing in Special Session
Feb 2 2006 // Levee board consolidation, absentee voting changes and housing reconstruction are among the topics lawmakers can consider as they return to the Capitol Feb. 6 for a second legislative session aimed at Louisiana’s...
Tort Reform Promises to be Key Issue in Okla. in 2006
Feb 2 2006 // Dr. Elaine Davis, an obstetrician and gynecologist in the rural northwest Oklahoma community of Enid for nearly 40 years, loved practicing medicine. But at age 68, she thought it was time to ease back on her patient load...
Kansas First State to Drop Age Restrictions on Life/Annuities Sales
Feb 2 2006 // Insurance Commissioner Sandy Praeger has announced that Kansas is providing enhanced consumer protections by calling for an expansion of industry standards for the suitability of the sale of fixed and variable annuity...
Missouri Governor Merges Insurance into Financial Regulatory Department
Feb 2 2006 // Missouri Governor Matt Blunt, through an executive order, has created a new department to regulate finances, merging the duties previously performed by the Economic Development Department with those of the state Insurance...
Judge Gives Class Action Status to La. Oil-Spill Case
Feb 1 2006 // A federal judge has certified as a class action a lawsuit against Murphy Oil Corp. over an oil spill in Louisiana after Hurricane Katrina. U.S. District Judge Eldon Fallon’s decision applies to an area in St. Bernard...
