Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Young Agents: Changing the Face of the Industry
Jun 6 2005 // The number of young agents that are active in their state associations is growing. Although they have learned a lot from more experienced agents and brokers, young agents are essentially unique when it comes to their...
Compromise Plan on Oregon MalpracticeDamages Drawing Concerns
Jun 6 2005 // After months of talks by doctors, attorneys and legislators, a compromise plan on limited court damages to medical negligence victims may have emerged. But the proposal, which is getting an airing in the state Senate, is...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
Think Moderation on Loss History Reports Regulation
Jun 6 2005 // Homeownership is considered the centerpiece of the American dream. Homeowners insurance enables individuals and families to protect what is likely to be their single largest asset. Before finalizing their purchase, most...
Ocasek Describes Stamping Office Operations at AAMGA University
Jun 6 2005 // Illinois’ surplus line association chief offered a history and overview of the group’s activities in a presentation to the 9th annual meeting of the American Association of Managing General Agents in Orlando,...
News Briefs
Jun 6 2005 // ILLINOIS Gallagher Reaches Agreement With AG, DOI on Contingent Commissions: Arthur J. Gallagher & Co. recently reached a comprehensive agreement with Illinois’ attorney general and insurance director to resolve...
News Briefs
Jun 6 2005 // ILLINOIS Gallagher Reaches Agreement With AG, DOI on Contingent Commissions: Arthur J. Gallagher & Co. recently reached a comprehensive agreement with Illinois’ attorney general and insurance director to resolve...
The Florida Office of Insurance Regulation has joined the ever-increasing tide of regulatory bodies seeking answers from
Jun 6 2005 // Fla. Orders AIG: ‘Turn Over Detailed Financial Information’ AIG’s admitted misrepresentations on financial statements. A statement from the OIR said the financial community has been rocked with the...
Allstate Floridian Applies to Scale Back, Drop 95,000 Homeowners
Jun 6 2005 // Allstate Floridian, the state’s third-largest provider of homeowners insurance has applied to the Florida Office of Insurance Regulation in Tallahassee to scale back its insurance risk in Florida by dropping 95,000...
Could Washington Be Listening to Small Business?
Jun 6 2005 // Many of the greatest problems small businesses face are government-related, particularly something they call ‘unreasonable government regulation.’ There probably are few American small business owners who could...
News Briefs
Jun 6 2005 // FLORIDA Fla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
Texas Reaches Workers’ Comp Accord; Okla. Goes to Special Session
Jun 6 2005 // All spring, the Texas and Oklahoma Legislatures grappled with workers’ compensation reform legislation in their respective states. The two have many similar issues, including high insurance costs, low return-to-work...
Montemayor Joins Insurance Investment Firm
Jun 6 2005 // Texas Insurance Commiss-ioner Jose Montemayor, who announced earlier this year he would not seek appointment to another term as Texas’ top insurance regulator, was named a managing general partner of the Diamond...
Compromise Plan on Oregon Malpractice Damages Drawing Concerns
Jun 6 2005 // After months of talks by doctors, attorneys and legislators, a compromise plan on limited court damages to medical negligence victims may have emerged. But the proposal, which is getting an airing in the state Senate, is...
Young Agents: Changing the Face of the Industry
Jun 6 2005 // The number of young agents that are active in their state associations is growing. Although they have learned a lot from more experienced agents and brokers, young agents are essentially unique when it comes to their...
Young Agents: Changing the Face of the Industry
Jun 6 2005 // The number of young agents that are active in their state associations is growing. Although they have learned a lot from more experienced agents and brokers, young agents are essentially unique when it comes to their...
News Briefs
Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
News Briefs
Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...
