Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Insurers Hail Federal Med-Mal Reform Legislation; Continue to Support State Reforms
Feb 17 2005 // Last week, Sens. Judd Gregg (R-N.H.) and John Ensign (R-Nev.) introduced federal legislation that would provide assistance to medical professionals facing skyrocketing medical liability premiums. The Help Efficient,...
Wyo. Doctors Dislike Medical Review Panel Bill
Feb 17 2005 // The proposal being considered by Wyoming lawmakers to create a medical review panel to help weed out frivolous medical malpractice lawsuits might do more harm than good, according to an official with a doctors’ trade...
PCI Supports Legislation to Reform Workers’ Comp System in Texas
Feb 16 2005 // The Property Casualty Insurers Association of America (PCI) reported it testified before the House Business and Insurance Committee in support of legislation to overhaul the Texas workers’ compensation...
Fla. CFO, Lawmakers Push for Legislation to Better Inform and Protect Homeowners
Feb 16 2005 // Florida’s Chief Financial Officer Tom Gallagher on Wednesday joined two key lawmakers in pushing legislation to require insurance companies to clearly outline what is covered in homeowners insurance policies. The...
AIA Raises Concerns Over Wash. Legislation to Restrict Insurers’ Use of Credit Information
Feb 16 2005 // A proposed law to restrict the use of credit-based insurance scores under consideration by the Washington Legislature is premature and could raise premiums for Washington insurance consumers, according to the American...
NAMIC Supports W. Va. Civil Justice Legislation
Feb 16 2005 // A plan by West Virginia Gov. Joseph Manchin to introduce legislation as early as next week to help reform the state’s civil justice system and address certain insurance-related issues is long overdue, an official of...
Legislation Calling for Stronger Oversight of Nursing Homes Filed in Oklahoma
Feb 15 2005 // Seeking to put an end to accounts of neglect, abuse and mismanagement at many of Oklahoma’s nursing homes, State Rep. Lee Denney filed legislation that would revamp the board responsible for overseeing the...
PIA Legislative Day: Major Issues Discussed, Legislators Urge Agents ‘Become More Active’
Feb 15 2005 // Medicaid reform, changing term limits and ethics will be three major issues of concern to the Florida Legislature during upcoming meetings and through 2006 according to Ron Villela, Professional Insurance Agents of Florida...
Scottish Re Closes $850 Million Securitization
Feb 14 2005 // International life reinsurer Scottish Re Group Limited announced that it has closed an offering of $850 million of 30-year maturity securities from its newly formed, wholly-owned subsidiary Orkney Holdings, LLC. The...
W. Va. Gov. Forms Working Groups to Discuss Insurance, Tort Reforms
Feb 14 2005 // West Virginia Gov. Joe Manchin has formed several formal working groups to discuss insurance reforms and frivolous lawsuits. The groups are comprised mainly of lobbyists and lawmakers. During his State-of-the-State address...
R.I. Lawmaker Seeks Med-Mal Rate Controls
Feb 14 2005 // Rhode Island Rep. Fausto C. Anguilla (D-Dist. 68, Bristol, Warren) has introduced legislation aimed at reining in high and rising malpractice insurance premiums. His bill, the Fair Insurance Act of 2005, would prohibit...
Nevada Med-Mal Rates Stabilizing
Feb 14 2005 // Approval of a 2004 ballot question and action by state lawmakers two years before that are stabilizing medical malpractice insurance rates in Nevada, legislators were told recently. Question 3, the Keep Our Doctors in...
Insurance Industry, Republicans See Big Win in Senate Bipartisan Approval of Class Action Reform
Feb 11 2005 // The U.S. Senate rejected what could have been damaging amendments and approved by a vote of 72-26 historic changes to the way class action lawsuits are handled. The vote almost assures enactment since the Senate measure,...
Solomons’ Bill Calls for Overhaul of Texas’ Comp System
Feb 11 2005 // State Rep. Burt Solomons (Carrollton) recently filed a bill that would make major changes to the workers’ compensation system in Texas. According to an announcement released by the House of Representatives, House...
Mo. Senators Square-Off on Workers’ Comp Bill
Feb 11 2005 // Senators began debate Wednesday on a Republican-favored bill that would limit the number of workers’ eligible for compensation in an effort to bring down high insurance premiums for Missouri businesses. The state...
Ga. House to Debate, Vote Today on Tort Reform Bill
Feb 10 2005 // Georgia tort reform will be one step closer to reality today after a vote in the House Rules Committee which will send Senate Bill 3 to the House floor for debate and a vote. The committee approved four amendments to the...
Texas AG Supports Federal Legislation to Ban Bankruptcy Forum Shopping
Feb 10 2005 // Texas Attorney General Greg Abbott announced his support of legislation filed by U.S. Sen. John Cornyn, R-Texas, that would stop corporations like Enron from exploiting a loophole by filing bankruptcy in federal courts far...
Okla. Lawmaker Seeks to Create Graduated Driver’s License for Teens
Feb 10 2005 // Tired of seeing underage drivers killed as a result of joyriding with their friends, Oklahoma State Rep. Danny Morgan announced legislation to create a new graduated driver’s license for teenagers. Morgan said he...
Lawmakers Tell Brokers Class Action Will Pass But TRIA Renewal Far from Certain
Feb 10 2005 // A parade of Republican lawmakers in Washington told insurance brokers some but not all of what they wanted to hear today, promising that class action reform will soon pass and, they hope, create momentum for Congress to...
Alliance: Patient Care Affected as Battle with Medical Liability Reform Continues
Feb 10 2005 // The Alliance of Specialty Medicine testified Thursday about the devastating effects the medical liability crisis is having on patient access to specialty healthcare and urged the Congress to pass medical liability reform...
