Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
IBA West Urges CDI To Change Producer Name Regulations
Sep 14 2005 // IBA West has urged the California Department of Insurance (CDI) to make changes to potential regulations that would specify the criteria used by CDI for approving or rejecting insurance producers’ business...
Vt. Eases Red Tape For State’s Financial Firms With Katrina Customers
Sep 14 2005 // Vermont financial providers that have been displaced due to Hurricane Katrina, or have customers who have been displaced, will find it easier to conduct business with one another thanks to a regulatory order from the...
RRGs Need Uniform Rules, Better Member Safeguards, Argues Federal Report
Sep 14 2005 // State insurance regulators should adopt consistent standards for risk retention groups and Congress should consider continuing the RRG exemption from state insurance laws only in states that adopt the new standards....
AIA Urges Calif. Gov. to Veto Legislation Unraveling 2004 Comp Reforms
Sep 14 2005 // The American Insurance Association is urging Gov. Arnold Schwarzenegger (R) to veto SB 1023, authored by Senator Joe Dunn (D). This measure rolls the clock back by reinstating redundant penalties that were eliminated in...
Nev. Lawmakers Concerned about Public Employee Benefit Program
Sep 12 2005 // State legislators griped that they’re getting too many complaints about the insurance benefit program for Nevada’s public employees. “We all continue to get flooded with concerns,” said...
S.D. Court Rules Insurance Covers Repair, Not Value
Sep 9 2005 // Siding with a majority of courts in other states, the South Dakota Supreme Court ruled unanimously that auto insurers cannot be forced to pay policyholders for the lost market value of wrecked vehicles that have been...
N.Y. Court Awards No-Fault Damages Despite Late Notice to Insurer
Sep 7 2005 // A New York trial judge has dealt a blow to New York State’s timely insurance no-fault auto insurance notice requirement, under which insurers can deny coverage if a claim is not filed within a set period. Following a...
R&M Adds Course on Prevention of Money Laundering
Sep 7 2005 // Dublin-based Research and Markets has added an E-Learning Course on Anti-Money Laundering to their offering. The offering consists of “a Library of 6 courses covering the aspects of money laundering and initiatives...
California Workers’ Comp Bill Tabled
Sep 7 2005 // A bill aimed at closing a loophole in California’s workers’ compensation laws that allows doctors to profit from big markups on prescription drugs they sell to their patients appears has died in the current...
Sirius Settles With Fla. Office of Insurance Regulation
Sep 7 2005 // Sirius International Insurance Corp., a wholly-owned subsidiary of White Mountains Insurance Group, has been barred by the Florida Office of Insurance Regulation from doing business in Florida until it meets all of the...
Target Insurance Offers New Lawyers PL Program from The Hartford
Sep 6 2005 // Target Insurance Services and The Hartford Financial Services Group, Inc. has introduced a new Lawyers Professional Liability Program that provides broad coverage customized to the needs of each law firm. The program is...
Do It Right the First Time: Surplus Lines Compliance
Sep 5 2005 // As a producer, keeping abreast of the surplus lines laws and regulations in your own state is often a difficult task. When one wanders across state borders, the challenge becomes even more daunting, sometimes requiring an...
But Lawmakers, Interest Groups Still Debate Over Use of Aftermarket Parts
Sep 5 2005 // But Lawmakers, Interest Groups Still Debate Over Use of Aftermarket Parts Critics of national class action suits were among those cheering the loudest after the Illinois Supreme Court dismissed a $1.06 billion judgment...
Do It Right the First Time: Surplus Lines Compliance
Sep 5 2005 // As a producer, keeping abreast of the surplus lines laws and regulations in your own state is often a difficult task. When one wanders across state borders, the challenge becomes even more daunting, sometimes requiring an...
Illinois Governor Signs High-Rise Safety Bill
Sep 5 2005 // Illinois Gov. Rod Blagojevich recently signed legislation to help ensure that people do not get trapped in stairwells of new hotels, schools and other high-rise public assembly buildings during fires. The legislation is in...
Disasters: Have They Become a Year-Round Phenomenon in California?
Sep 5 2005 // Are disasters in California happening more frequently or are communication technological advances today making us more aware of impending and hard hitting disasters? To really comprehend, we must examine how our state has...
NAMIC ENCOURAGES RATE MODERNIZATION IN HAWAII:
Sep 5 2005 // The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passing rate modernization laws would benefit state commerce and insurance consumers. According to NAMIC State Affairs...
News Briefs
Sep 5 2005 // MASSACHUSETTS Fed Probe Firing of MassMutual CEO: Federal prosecutors are investigating the conduct that led to the firing of former MassMutual Insurance Comany chief executive Robert J. O’Connell, the company...
Illinois Governor Signs High-Rise Safety Bill
Sep 5 2005 // Illinois Gov. Rod Blagojevich recently signed legislation to help ensure that people do not get trapped in stairwells of new hotels, schools and other high-rise public assembly buildings during fires. The legislation is in...
Do It Right the First Time: Surplus Lines Compliance
Sep 5 2005 // As a producer, keeping abreast of the surplus lines laws and regulations in your own state is often a difficult task. When one wanders across state borders, the challenge becomes even more daunting, sometimes requiring an...
