Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Insurance Group Staying out of California Workers’ Comp Confirmation Fight
Mar 17 2005 // A major insurance industry group is staying out of the Senate confirmation fight over Gov. Arnold Schwarzenegger’s workers’ compensation director, another possible indication the appointment could be in...
N.H. Social Clubs Struggle to Meet Fire Code
Mar 16 2005 // Social clubs in New Hampshire say they are struggling to comply with orders to install automatic sprinkler systems. In response to a 2003 fire that killed 100 people at a nightclub in West Warwick, R.I., New Hampshire...
Okla. House Votes to Give PLICO Two More Years to Build Reserves
Mar 16 2005 // The Oklahoma House of Representatives has voted to give the state’s major medical malpractice insurer two more years to build up its reserves before state regulators intervene. House Bill 1566, by State Rep. Dan...
Delaware Senate Panel Weighs Pros and Cons of Ban on Insurers’ Use of Credit Scoring
Mar 16 2005 // Delaware Insurance Commissioner Matt Denn urged the Senate Insurance and Elections Committee to pass Senate Bill 2, which would prohibit the use of credit scoring in auto and homeowners insurance policies in Delaware. Denn...
PCI: Banning Credit Score Use Will Hurt Del. Consumers
Mar 16 2005 // A Delaware bill that would ban insurers from using credit history to underwrite auto and homeowner policies would raise prices for most insurance consumers, according to the Property Casualty Insurers Association of...
Okla. House Votes to Protect Food Industry From Frivolous Lawsuits
Mar 16 2005 // The Oklahoma House of Representatives has voted in favor of House Bill 1554, by State Rep. Dale DeWitt, which would create the “Commonsense Consumption Act” to “prevent frivolous lawsuits against...
National Web Portal for Insurance Regulatory Information Now Available
Mar 16 2005 // A single point of entry for access to insurance information, services and tools for consumers, regulators and industry is now available on the National Portal for Insurance Regulatory Information on the National...
Insurers Worried that N.J. Proposal Would Force Many Employees to Register as Lobbyists
Mar 15 2005 // A proposal by the New Jersey Election Law Enforcement Commission that would require most insurance company employees to register as lobbyists fails to distinguish true lobbyists who perform an “influencing”...
Regulators Name Consumer Liaison Reps for 2005
Mar 15 2005 // The National Association of Insurance Commissioners recently named its funded consumer liaison representatives for 2005. Established in 1992, the program promotes consumer representation and interaction with NAIC members,...
Georgia Lawmakers Reject Flex Band Rating Bill
Mar 15 2005 // Despite the apparent support of Georgia House leaders, the Republican-controlled House failed late March 11 to pass House Bill 683 and send it to the Senate. Friday was the 30th day of the legislative session and the...
N.Y. Auto Industry Restarts Stalled Drive to Reform Vicarious Leasing Liability Law
Mar 14 2005 // Auto leasing interests in New York are renewing their battle against the state’s vicarious liability law that they say has demolished the car leasing industry in the state. The United Auto Workers (UAW), the New York...
Committee Supports Texas Insurance Fraud Legislation
Mar 14 2005 // Six bills strengthening the fight against insurance fraud were filed in the Texas House of Representatives. The legislation includes everything from reporting fraud to enhancing penalties for insurance fraud where someone...
NAMIC Supports NCOIL Against Proposed SOX Regs
Mar 14 2005 // “State legislators are right to challenge an NAIC initiative that would impose sweeping federal requirements designed to protect stockholders on privately held insurance companies,” according to an official of...
Uninsured Driver Legislation Filed in Texas
Mar 14 2005 // State Representative Bill Callegari, Katy, filed House Bill 2573 to establish a motor vehicle financial responsibility program in Texas. According the House Media Services Division, HB 2573 is a version of a similar...
Calif. Man Arrested While Standing in Front of Judge on Separate Charges
Mar 14 2005 // Sometimes people can’t seem to get enough of a good, or in this case, bad thing. While appearing last Wednesday in a Sacramento County courtroom for a preliminary hearing, James Chester Taylor, Jr., 72, of Quartz...
Mobile County, Ala. Legislators Write Letter Requesting One-Year Premium Freeze
Mar 11 2005 // A one-year moratorium on homeowners insurance policy changes has been requested in a letter signed by 13 members of the Moible, Ala. county legislative delegation. “Even though we understand the costs associated with...
AIA: Recent Security Breaches Increase Spotlight on Protection of Consumer Information for Insurers
Mar 11 2005 // Recent security breaches at companies that collect, store and sell personal data – such as ChoicePoint, LexisNexis and Bank of America – individually and collectively cast a spotlight on privacy and security...
Insurer Trade Group Announces 2005 Legislative Agenda
Mar 11 2005 // The National Association of Mutual Insurance Companies (NAMIC) has announced its federal affairs agenda for 2005, and topping the list of items include further legal reform, improving state-based insurance regulation, an...
Research and Markets Adds Global Insurance Handbook to 2005 Offering
Mar 10 2005 // Research and Markets announced the addition of The Global Insurance Handbook 2005 to their offering. The increasing size of risk in the world is reportedly influencing multinational and global companies to protect ever...
New House Bill to Extend TRIA Introduced as Deadline Looms
Mar 9 2005 // The House of Representatives has introduced legislation that would extend the Terrorism Risk Insurance Act (TRIA), which is set to expire at the end of 2005. The proposal, H.R. 1153, would keep a federal terrorism...