Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Conn. Med-Mal Prescription Still Uncertain
Apr 26 2005 // Dealing with the thorny issue of how to ease doctors’ rising medical malpractice insurance rates, Connecticut lawmakers have managed this year to whittle dozens of proposals down to two. The work isn’t finished...
Fla. Insurance Bills Passage Could Exempt Surge Flood Damage Claims
Apr 25 2005 // Insurance bills nearing final votes in the Florida Legislature could provide insurers with a broad exemptions from paying homeowners with storm-surge flood damage according to provisions of the state’s 100-year-old...
Fla. Insurance Commissioner McCarty Issues Subpoenas to 17 Reinsurers
Apr 25 2005 // Florida insurance regulators are probing the dealings of 17 reinsurers selling finite risk policies. Florida’s Insurance Commissioner Kevin McCarty said that he has issued investigative subpoenas to the reinsurers...
ABI Urges Reform of FSA Enforcement Procedures
Apr 22 2005 // The Association of British Insurers (ABI) has urged the U.K.’s Financial Services Authority (FSA) to improve its enforcement procedures so that they provide “greater transparency, objectivity and...
Conn. Civil Union Bill Signed into Law
Apr 22 2005 // Connecticut Gov. M. Jodi Rell signed landmark legislation this week that makes Connecticut the first state to recognize same-sex civil unions without court pressure. It joins Vermont and Massachusetts as the only states...
Powell, Ridge and Oxley to Address PCI Annual Meeting this October in Chicago
Apr 22 2005 // Former Secretary of State Colin Powell, former Secretary of Homeland Security Tom Ridge, and U.S. Representative Mike Oxley (R – Ohio), will be the featured speakers at the 2005 Property Casualty Insurers Association...
Okla. Governor Praises House Committee Approval of Comp Reform Legislation
Apr 22 2005 // Oklahoma Gov. Brad Henry’s office reported that his efforts to reform Oklahoma’s workers compensation system cleared another legislative hurdle, passing the House Judiciary Committee. Senate Bill 846, which is...
Fla. House Passes HB1019, Asbestos and Silica Compensation Act
Apr 22 2005 // The Florida House has passed the Asbestos and Silica Compensation Act (HB1019), which requires plaintiffs meet specific medical criteria before they can pursue an asbestos or silica claim in the court system. The bill...
Calif. Sen Feinstein Reacts to Asbestos Compensation
Apr 22 2005 // U.S. Senator Dianne Feinstein (D-Calif.) joined Senators Arlen Specter (R-Pa.), Patrick Leahy (D-Vt.), Orrin Hatch (R-Utah), at a news conference recently to discuss bipartisan legislation creating a national trust fund to...
La.’s Baker Named Big ‘I’ Legislator of the Year
Apr 21 2005 // The Independent Insurance Agents & Brokers of America bestowed upon Rep. Richard Baker of Louisiana the prestigious Gerald Solomon-IIABA Legislator of the Year Award for 2004. Baker, chairman of the House Financial...
Passage of Highway Safety, Terrorism Exclusion Legislation Highlight 2005 Idaho Legislative Session
Apr 21 2005 // Idaho’s 2005 legislative session was marked as much by what legislation was passed as by what was not passed, according to the American Insurance Association (AIA). “Idaho legislators and Gov. Dirk Kempthorne...
NAMIC Opposes Calif. Commissioner’s Proposed ‘Use it and Lose it’ Regulations
Apr 21 2005 // The National Association of Mutual Insurance Companies (NAMIC) said it opposes California Insurance Commissioner John Garamendi’s proposed “Use it and Lose it” regulations. Garamendi alleged that...
AIA Pleased as 2005 Ark. Legislative Session Ends
Apr 21 2005 // The Arkansas General Assembly has completed its business for 2005, but will return for a formal and mostly ceremonial sine die adjournment on May 13, the American Insurance Association (AIA) reported. “AIA had two...
AIG Restructures Its Executive Governance, Adds 2 Outside Directors to Board
Apr 21 2005 // The board of directors of American International Group Inc., which is under investigation by state and federal authorities for certain accounting and reinsurance practices, has elevated public policy concerns and added...
ACIC President Responds to California Commissioner’s Homeowners Insurance Proposal
Apr 20 2005 // Calling insurers “dead wrong” for canceling or non-renewing homeowners who file a legitimate insurance claim, California Insurance Commissioner John Garamendi announced new regulations to protect homeowners...
PCI’s Csiszar, Panelists Discuss Sarbanes-Oxley, TRIA Concerns
Apr 19 2005 // The Property Casualty Insurers Association’s Joint Marketing and Underwriting Seminar, held April 17 in St. Petersburg, Fla., had a baseball motif, “Hitting a Grand Slam with Marketing and Underwriting Tools...
Judge Sentences Former Miss. Deputy to 14 Months
Apr 19 2005 // Misrepresenting collateral used to secure a loan, submitting a fraudulent insurance claim and receiving the insurance payments has netted Kyle C. Ferrell, a former Jackson, Miss. Police officer and Hinds County...
PCI, NAMIC Voice Opposition to Sen. Specter Legislation
Apr 19 2005 // In a letter Tuesday to Senate Judiciary Committee Chairman Arlen Specter (R-Pa.), the Property Casualty Insurers Association of America (PCI) and the National Association of Mutual Insurance Companies (NAMIC) voiced their...
CA DWC Releases First Annual Report of Progress on Workers’ Comp Reforms
Apr 18 2005 // The California Division of Workers’ Compensation (DWC) has released its first annual report of progress on implementation of Senate Bill (SB) 889, the law authorizing workers’ compensation reform passed...
Could Washington Be Listening to Small Business?
Apr 18 2005 // There probably are few American small business owners who could correctly identify the federal group whose primary job is to keep the president of the United States updated on the activities of government such as...
