Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Wyoming Lawmakers Trying to Stem Doctor Liability Costs
Feb 21 2005 // In the first half of the legislative session, the health care industry watched the demise of several measures meant to stem rising insurance costs for doctors. “The liability crisis is getting worse,” said...
Washington All Industry Day: Associations Discuss Broker Disclosure
Feb 21 2005 // Broker disclosure, medical malpractice reform and credit scoring dominated the discussions at the Washington All Insurance Industry Day at the Capital held Feb. 10. Over 170 independent agents gathered to learn about...
N.Y. Workers Comp Insolvency Fund Could Survive Until End of March; Quick Action in Albany Sought
Feb 18 2005 // The New York State Workers Compensation Security Fund, which officials last month predicted would run out of money by the end of this month, could go on paying claims until the end of March, thanks to early access to funds...
NAMIC Applauds Natural Disaster Legislation to Provide Affordable Insurance
Feb 18 2005 // A natural disaster bill introduced by a Florida congresswoman from a coastal district will ensure that debate on the problem of insurance availability in disaster-prone areas will continue, according to the National...
22 Insurance-Fraud Ring Members Apprehended; Fla. Warns Others About Tough Penalties
Feb 18 2005 // A campaign to point out the consequences of staging an auto accident or participating in auto insurance fraud has been launched by the Florida Department of Financial Services Division of Insurance Fraud. The...
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...
