Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
LAWMAKERS REJECT FLEX BAND RATING BILL
Apr 4 2005 // Despite apparent support of House leaders, the Republican-controlled House failed to pass House Bill 683 and send it to the Senate. Only 42 of the House’s 180 members voted for HB 683, which would have implemented a...
NCOIL Approves Producer Compensation Disclosure Model Act
Apr 4 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...
ONE LAWSUIT REFORM BILL DOWN, TWO TO GO
Apr 4 2005 // Gov. Brad Henry’s tort reform bill, Senate Bill 914, died in the Oklahoma State Senate, with the Senate refusing to hear the bill on the last day that body could consider its own bills. Senate Democrats reportedly...
HOUSE GIVES PLICO TWO MORE YEARS
Apr 4 2005 // The Oklahoma House passed a measure giving the state’s major medical malpractice insurer two more years to build up its reserves before state regulators intervene. HB 1566, by State Rep. Dan Sullivan, would exempt...
DRUNK DRIVING LEGISLATION
Apr 4 2005 // Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses cleared the Oklahoma House and awaits action in the...
FIGHT OVER CREDIT BAN MOVES TO COLO. SENATE:
Apr 4 2005 // Legislation that would prohibit insurers’ use of credit information narrowly advanced out of the Colorado Senate State Affairs Committee on a 4-3 vote and will be opposed by the insurance industry on the Senate...
What Should be Industry Response to Ethical Lapses?
Apr 4 2005 // CPCU Society Looking at IMSA The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and...
IBA West President Discusses Broker Disclosure, Work Comp Issues
Apr 4 2005 // Mark Wells, publisher of Insurance Journal, recently spoke to Stan Simpson, the newly elected president of the Insurance Agents and Brokers of the West and a principal at Buckman-Mitchell Inc., an independent agency in...
Court Upholds Industry Lawsuit: CDI’s Homeowners Regulations Illegal
Apr 4 2005 // Charges by the California Department of Insurance that the California homeowners insurance industry arbitrarily nonrenews or raises rates on homeowners who file one claim or make an inquiry about their coverage is little...
Insurance Group Staying out of California Workers’ Comp Confirmation Fight
Apr 4 2005 // A major insurance industry group is staying out of the Senate confirmation fight over Gov. Schwarzenegger’s workers’ comp director, another possible indication the appointment could be in trouble. The...
Some 200 Insurance-Related Bills Introduced in California Legislature
Apr 4 2005 // About 200 insurance-related bills have been introduced in the California Legislature this session, according to The Association of California Insurance Companies. “We expect during the upcoming months that the issues...
Homeowners Want ‘Uncovered Perils’ Clarified; Fla. Legislators Won’t Budge
Apr 1 2005 // Homeowners with outstanding claims for hurricane damage and their attorneys, insurance company lobbyists and Florida’s House Insurance Committee members all disagree about if an insurance company is liable if a...
Alliance Opposes Legislation Resurrecting CDI Proposed Agent-Broker Fiduciary Regulations
Apr 1 2005 // Reacting to recent amendments made to SB 938 (Dunn) at the behest of Insurance Commissioner John Garamendi, the American Agents Alliance has announced that its fight over imposition of unfair regulations for which...
W. Va. Judge to Decide: Should E-Mails Discussing Premium Rollbacks Be Made Public?
Apr 1 2005 // West Virginia Circuit Court Judge Paul Zakaib is expected to decide Friday whether or not to make public the contents of emails detailing negotiations between the West Virginia Insurance Commission, an aide to Governor Joe...
Texas House Passes Workers’ Comp Reform Bill
Apr 1 2005 // The Texas House of Representatives passed legislation, House Bill 7, designed to overhaul the workers’ compensation system by creating medical networks to help rein in the skyrocketing costs and get injured workers...
NAMIC Congratulates Georgia Lawmakers For Enacting Major Tort Initiatives
Apr 1 2005 // The National Association of Mutual Insurance Companies has congratulated Georgia lawmakers for enacting major tort initiatives during their just-concluded 39-day legislative session, David Reddick, NAMIC state affairs...
N.Y. Court Upholds No-Fault Regulation Letting Insurers Deny Payments to Fraudulent Medical Firms
Apr 1 2005 // The New York Court of Appeals has upheld the right of an insurance company to refuse to reimburse fraudulently incorporated medical providers for no-fault auto insurance claims even when the medical care provided is...
N.H. Weighs Single Judge Med-Mal Screening
Mar 31 2005 // New Hampshire state senators seem more interested in a House plan to address the cost of medical malpractice insurance than a bill from one of their own. The proposal before the Senate Judiciary Committee is based on a...
Calif. Commissioner Announces Legislation Requiring Insurers to Invest in Underserved Communities
Mar 31 2005 // California Insurance Commissioner John Garamendi and Assembly member Mark Ridley-Thomas (D-Los Angeles) introduced AB 925, a new piece of legislation that would require insurers to make investments in low- and...
S.B. 418 Passed W.Va. Senate, Hits Roadblock in House
Mar 31 2005 // With 10 days left in West Virginia’s legislative sessions, although the Senate adopted Gov. Joe Manchin’s insurance proposals, SB 418 has stalled in the House. The bill would bar third party bad faith lawsuits...
