Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Competition, Regulation and Katrina a Concern at PLUS D&O Symposium
Oct 3 2005 // Wrapping up the PLUS D&O West Symposium held Sept. 13-14 in San Francisco, senior management personnel from insurers, brokerage firms, corporations and law firms concluded that competition is shaping the current and...
News Briefs
Oct 3 2005 // CALIFORNIA ACIC OPPOSES PROPOSED CDI REGULATIONS: The Association of California Insurance Companies recently testified on proposed Department of Insurance regulations. According to Jeff Fuller, executive vice president and...
Ethical Business Practices Essential to Success in Today’s Marketplace
Oct 3 2005 // Many insurance companies are discovering a basic truth. Integrity in business is more than just the right thing to do-it is critical to success in an increasingly complex and dynamic marketplace. When I look at where we...
The artisan contractors market on the rise
Oct 3 2005 // As the United States’ total population creeps up on the 300 million mark, no one can call the residential construction industry a dying breed. The continuous need for housing is apparent in the nation’s fastest...
News Briefs
Oct 3 2005 // N.Y. AG Indicts Former Marsh Execs: New York Attorney General Eliot Spitzer and Insurance Superintendent Howard Mills announced the indictment of eight former executives of insurance brokerage giant Marsh Inc. for their...
Judge Orders Conn. Trucking Firm Owner to Court
Oct 2 2005 // The owner of a Bloomfield trucking company involved in a fatal 20-vehicle crash this summer in Avon has been ordered to appear in court and bring with him financial records for the past year. The order on Friday came two...
Fla. Personal Lines Advisory Committee Slates First Meeting
Sep 30 2005 // The first meeting of a new 10-member Standard Personal Lines Advisory Committee, assigned to develop a standard homeowners insurance policy for Floridians that is easy to understand and offers comprehensive coverage, will...
PIA Legislative Update: Agents Have Until March to Make Recommendations to Florida’s Hurricane Task Force
Sep 30 2005 // Legislative changes effecting property insurance that took place this year in the Florida Legislature were discussed by Keri Rayborn, Rayborn Consultants, and Ron Villella, PIA’s government affairs director, during a...
Melancon to Join Taylor on Retroactive Flood Insurance Bill
Sep 30 2005 // U.S. Rep. Charlie Melancon of Louisiana said he will co-sponsor Rep. Gene Taylor’s legislation allowing home and business owners without flood insurance when Hurricane Katrina struck to receive compensation...
IIAG Slates Educational Events to Meet Georgia CE Requirements
Sep 30 2005 // A series of educational events, being sponsored by the Independent Insurance Agents of Georgia to enable members to meet new state continuing education requirements have been scheduled in October. A new Georgia Insurance...
Calif. Court Strikes Down Persistency Discount Law
Sep 30 2005 // A state appeals court has struck down a law that consumer advocates said would result in higher auto insurance rates for many low-income motorists and discourage uninsured drivers from getting coverage. A three-judge panel...
ACIC Disappointed by Court’s Ruling Regarding Driver Discounts
Sep 29 2005 // The Association of California Insurance Companies (ACIC) said it is disappointed by this week’s Court of Appeal ruling that struck down a 2003 state law that allows insurers to discount auto insurance premiums,...
DFS Spokesperson Outlines New Licensing Changes, Requirements to PIA of Florida
Sep 29 2005 // Changes in Florida’s legislation during the spring session and new administrative changes requiring agency licensure or registration were detailed by Hazel Muhammad, bureau chief of Agent and Agency Licensing with...
N.Y. Law Takes Bigger Bite Out of Owners of Dogs That Cause Injury
Sep 28 2005 // New York Gov. George E. Pataki has signed into law legislation that increases the civil liability for the owners of dogs that cause serious personal injury. The law also provides an incentive to help victims of these...
Mich. Judge Rules for Health Benefits for Gay Partners
Sep 28 2005 // An Ingham County, Michigan judge ruled that the state’s ban against gay marriage does not prevent public employers from providing health insurance to partners of gay employees. Circuit Judge Joyce Draganchuk says...
Fla. Supreme Court Rules Liability Insurance Does Not Cover Gun Manufacturers’ Damages
Sep 26 2005 // The Florida Supreme Court has ruled in Tallahassee against Miami-based gun manufacturers Taurus International Holdings and Taurus International Manufacturing Inc. In a unanimous ruling the court said gun-makers’...
Reputation, Regulation and Recruitment Focus of CII Conference
Sep 26 2005 // “Pulling Together” was the overall theme of the U.K.’s Chartered Insurance Institute’s Annual Conference, which concluded Friday, Sept. 23 in London. However, the “Three Re’s” took...
Argonaut Group’s Trident Insurance Expands Identity Recovery Coverage to College and University Customers
Sep 26 2005 // San Antonio – Trident Insurance Services, LLC, a wholly owned subsidiary of Argonaut Group, Inc. (NASDAQ: AGII) announced at the annual National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO)...
Judge Approves ‘Historic’ $6.1 Billion WorldCom Settlements
Sep 23 2005 // Former WorldCom investors can now claim back some of the billions of dollars they lost in a massive accounting fraud, after a federal judge in New York approved legal settlements of “historic proportions.” The...
Pa. Measure Would Grant Premium Break for Reducing Medical Errors
Sep 23 2005 // Pennsylvania State Rep. Phyllis Mundy this week explained to fellow lawmakers why they should approve a bill she has introduced to cut down on medical errors and rein in health-care inflation. Mundy’s legislation...
