Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Insurance Marketing and Communications
Jan 24 2005 // How to produce client seminars that work. As we develop our marketing and communications plans for 2005, one of the most effective ways a broker can provide a customized service to its clients is by producing educational...
Compromise Med-Mal Bill Between Doctors, Lawyers Advances in Virginia
Jan 21 2005 // A Virginia Senate committee has endorsed medical malpractice reform legislation that reflects a compromise between Virginia’s doctors and lawyers. The measure does not limit awards for noneconomic damages — a...
Maine Lawmakers Look at Insurance to Plug Budget Gap
Jan 21 2005 // As the Maine Legislature opens its 2005 session, lawmakers are reportedly primarily concerned with tax issues, including a proposal that would tax insurance premiums to fund retirement health insurance for police and...
Insurers Regulator’s Broker Dealer Model Laudable But Still Too Broad
Jan 20 2005 // National Association of Insurance Commissioners efforts to address concerns surrounding broker compensation continue to be over-broad, going beyond the single problem that has been defined, according to comments filed...
Del. to Require New Disclosures by Home Insurers
Jan 20 2005 // Delaware Insurance Commissioner Matthew Denn planned to reveal a new regulation today that will require insurance companies to provide prominent annual disclosures to each homeowner’s policyholder of where there...
Ga. Commissioner, PIA Officials Discuss Disclosure Model Legislation
Jan 20 2005 // Wording in National Association of Insurance Commissioners compensation disclosure model legislation that could negatively affect the long-standing practice of contingent commissions was discussed in Atlanta by Georgia...
R&M Issues Report on Financial Services Regulators in the Middle East and Africa
Jan 19 2005 // The Dublin-based consulting firm Research and Markets has announced the addition of a report on “Financial Services Regulators in the Middle East and Africa” to their offering. “This book provides a...
Study: Consumers Could be Hurt by Federal Regulation of Industry
Jan 19 2005 // Will Congress wrest insurance regulation from state control? As Congress prepares to debate the matter, big players in the insurance industry are lobbying for the regulatory sea change. But it’s a move that could...
NAMIC Appoints Western Region State Affairs Manager
Jan 18 2005 // Former property and casualty claims adjuster, subrogation analyst and insurance attorney, Christian Rataj, has joined the National Association of Mutual Insurance Companies (NAMIC) as state affairs manager for the Western...
Alliance Stands Firm as CDI Continues to Redefine Broker/Agent Fiduciary Duties
Jan 18 2005 // As the coalition of industry associations, spearheaded by the American Agents Alliance, continues to dig its heels in the sand against a California Department of Insurance assault on brokers and agents, the...
National Agent Legislative Conference Set for April
Jan 18 2005 // The Independent Insurance Agents & Brokers of America has scheduled its 29th annual National Legislative Conference for April 20-22 at The Grand Hyatt Hotel in downtown Washington, D.C. The event, which always...
Delaware Measure Targets Uninsured Motorists
Jan 17 2005 // Delaware Insurance Commissioner Matt Denn, State Senator David Sokola and State Representative Donna Stone have unveiled bi-partisan legislation which will allow the state to increase enforcement of its uninsured motorist...
ABI Says FSA Regulation “Will Build on Existing Consumer Protection”
Jan 17 2005 // The Association of British Insurers has issued a bulletin indicating that regulation by the Financial Services Authority, which officially began on Friday (See IJ Web site Jan. 14), “will build on existing consumer...
IIHS Attributes Saved Lives to Fla. Teen-Driving Regulation Changes
Jan 17 2005 // Nationwide driver’s license regulation changes which took place as a result of the death of a teenage driver in Florida have resulted in a reduction in the number of automobile deaths caused by teenage drivers...
Calif. Governor Predicts 30% Increase in State’s Costs Despite Reforms
Jan 16 2005 // California’s workers’ compensation costs are going down, even if Gov. Arnold Schwarzenegger’s budget proposal includes big increases in the state’s costs for the program. The Republican...
Two Ariz. Lawmakers Push Proposal to Ban Domestic Partner Benefits
Jan 16 2005 // A proposed constitutional amendment banning gay marriages in Arizona would outlaw all government-sponsored benefits to domestic partners. Republican Reps. Mark Anderson and Warde Nichols said their proposal will mirror...
D-Day for U.K. Insurance Industry as FSA Assumes Regulatory Control; AXA Fined $940,000
Jan 14 2005 // Today, Friday, Jan. 14, marks the long anticipated official takeover of regulatory responsibility over the U.K.’s insurance industry by the Financial Services Authority. There should be no major surprises, as the...
Fla. H.B. 117 to Require Certification for Mold Remediation Professionals
Jan 14 2005 // Legislation to require mold professionals working in Florida to be trained, licensed and certified has been filed by Rep. Carl J. Domino (R-West Palm Beach). House Bill 117, co-sponsored by Rep. Franklin Sands (D-Weston),...
Proposed Mo. Bill Aims to Reduce WC Premiums
Jan 14 2005 // Senate Republicans made workers’ compensation the first order of business last Wednesday, hearing testimony on a proposed bill that would reduce the number of injured workers eligible for benefits. Missouri’s...
PCI Asks Fla. Committee: Give Hurricane Reforms Time Before Making Changes
Jan 14 2005 // The Property Casualty Insurers Association of America urged Florida lawmakers meeting today in Tallahassee to allow the reforms made to hurricane insurance deductibles during the special legislative session to have time to...
