Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
North Dakota’s SB 2186 Should Be a Template for NAIC Model
Jun 20 2005 // Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common sense protections against unfair underwriting and rating actions by insurers because of information in loss history...
WIAA Fights Back Against Calif. Commissioner’s Proposed Regulations
Jun 20 2005 // The Western Insurance Agents Association has released a brochure on behalf of its member agents detailing its campaign to stop California Insurance Commissioner John Garamendi’s alleged excessive and unjust...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
WIAA Fights Back Against Calif. Commissioner’s Proposed Regulations
Jun 20 2005 // The Western Insurance Agents Association has released a brochure on behalf of its member agents detailing its campaign to stop California Insurance Commissioner John Garamendi’s alleged excessive and unjust...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
States Say Joint Bank-Insurer Regulatory Efforts Pay Dividends
Jun 20 2005 // Joint efforts of insurance and banking regulators over the past several years have provided the foundation for effective communication and coordination between the state insurance departments and the Federal Reserve...
States Close In on Finite Reinsurance Disclosure Requirements
Jun 20 2005 // State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early June. As they did,...
By Andrea Ortega-Wells
Jun 19 2005 // From the playground to the classroom to the office – bullies can be found in all walks of life, says an anti-bullying advocacy group vying for new legislation that could potentially outlaw workplace bullying. But how...
Pa. Law Shields Employers Who Disclose Employees’ Job Histories
Jun 17 2005 // Pennsylvania Gov. Ed Rendell has signed legislation that protects employers from being sued over work histories they disclose about current or former employees. The measure stemmed from the case of a Pennsylvania nurse who...
R.I. Draft Rules for Importing Canadian Drugs Include Product Liability
Jun 16 2005 // The Rhode Island Health Department has drafted guidelines that would govern drug imports from Canada, and help ensure the medications meet quality and safety standards in Rhode Island. The proposed rules would be another...
NAMIC Glad Full SOX ‘Off the Table,’ Cost, Applicability Remain at Issue
Jun 16 2005 // The National Association of Mutual Insurance Companies (NAMIC) is encouraged regulators have decided not to transfer the complete internal control framework of Sarbanes-Oxley to state insurance regulation, but states the...
NAIC Requests Balanced Approach to Insurance Regulation at Hearing
Jun 16 2005 // The National Association of Insurance Commissioners (NAIC) testified on Thursday before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises regarding the impact of the SMART proposal on...
Agent Leader Rusbuldt Speaks Out Against Hodgepodge of Disclosure Rules by Insurers
Jun 16 2005 // While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves...
PCI Urging House to Move Forward on Regulatory Modernization
Jun 15 2005 // On Thursday, the House of Representatives Committee on Financial Services will hold a hearing on the future of insurance regulation. The hearing, which is the first official congressional action on the issue this year,...
R.I. Bill Upping Inspection Station Liability Limits Advances
Jun 14 2005 // The Rhode Island Senate has joined the House of Representatives in approving legislation to require a hike in the liability coverage of garages that perform bi-annual vehicle inspections required by the state. Sponsored by...
Big ‘I’ States Opposition to Optional Federal Charter Plan
Jun 14 2005 // The Independent Insurance Agents & Brokers of America ) does not support a proposal to establish an optional federal charter (OFC) for insurance regulation, but continues to support the proposed State Modernization...
ACIC Opposes Small Claims Court Legislation
Jun 14 2005 // The Association of California Insurance Companies (ACIC) is opposing Small Claims Court legislation that would hurt consumers by reducing the ability of insurers to represent their policyholders in court. Jeff Fuller,...
PCI Reports Mixed Emotions on Key Mass. Bills
Jun 14 2005 // The Property Casualty Insurers Association of America (PCI) expressed mixed emotions Tuesday concerning numerous insurance-related bills that were introduced in the Massachusetts Legislature’s Financial Services...
Texas Judge’s Ruling Would Expose Arkansas Police to Possible Lawsuits
Jun 14 2005 // A recent Texas court ruling has turned the state line into a key issue for Arkansas police working cases that cross the border, according to the Associated Press and the Texarkana Gazette. Bowie County District Judge Leon...
Insurers Claim N.J. Supreme Court Ruling is Setback for Auto Market
Jun 14 2005 // Insurance companies are blasting a decision by the New Jersey Supreme Court that they say undermines ongoing efforts to revive the private auto insurance market in the state and jeopardizes cost savings promised to...
