Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
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...
PCIA Tells NAIC: SOX Compliance Could Cost Non-Public Insurers $1 B Annually
Feb 9 2005 // A spokesman for the Property Casualty Insurers Association of America told a National Association of Insurance Commissioners panel today in Orlando that a proposal to apply new requirements based on the Sarbanes-Oxley law...
PIA to Hold National Legislative Summit, April 7
Feb 9 2005 // The National Association of Professional Insurance Agents (PIA National) will hold its annual Federal Legislative Summit on April 7, 2005 in Washington, D.C. The summit is a one-day legislative gathering of PIA members who...
Tillinghast Study: Insurers Welcome ERM Globally, but it Remains a Work in Progress
Feb 8 2005 // Insurers around the globe are making progress – quickly in some areas – with using an integrated risk and capital management approach to drive business decisions, according to the third biennial survey of risk...
Insurers Oppose Sarbanes-Oxley ‘404’ Proposal
Feb 8 2005 // A National Association of Insurance Commissioners panel this week will begin to discuss whether costly new audit measures based on the federal Sarbanes-Oxley (SOX) law should be imposed on non-public insurers despite...
Some California Doctors Leaving Workers’ Comp System
Feb 8 2005 // Francis Pecoraro is trading a San Francisco Bay area medical practice that mainly serves injured workers for one in Wilmington, N.C., that he believes will be friendlier to doctors and doctors’ families. Pecoraro,...
PCI Commends Nev. DOI on Broker Compensation Issue
Feb 8 2005 // The Property Casualty Insurers Association of America commended the approach taken by the Nevada Division of Insurance on the disclosure of broker compensation in a temporary regulation adopted last week. “Instead of...
AIA Says No to Elected Conn. Commissioner Proposal
Feb 8 2005 // Connecticut Attorney General Richard Blumenthal’s (D) call on Tuesday for an elected insurance commissioner would politicize the regulation of one of the state’s most important economic sectors, according to...
Alliance Offers Free Information Security Program Kits to Members
Feb 8 2005 // Independent agents and brokers are taking regulations mandating information privacy safeguards very seriously, if attendance at recent American Agents Alliance meetings is any indicator. The independent insurance...
N.Y. City to Appeal Judge’s Decision Overturning State Law Against Gay Marriage
Feb 7 2005 // New York City will appeal a judge’s ruling against the state ban on same-sex marriages, Mayor Michael Bloomberg said Saturday. The mayor said that while he believes such marriages should be permitted, “if we...
Federal Judge Backs Maine Law Requiring Compensation Disclosure by Benefit Managers
Feb 7 2005 // A federal judge has sided with the state of Maine in an industry challenge to the constitutionality of a state law that requires pharmacy benefit managers to disclose side payments from drug companies and other financial...
PIA of Ga. Issues ‘Watch List’ of Important Legislation
Feb 7 2005 // Civil justice reform and medical malpractice insurance are the topics to watch as today’s session of the Georgia Legislature convenes in Atlanta. A legislative update has been issued by the Professional Insurance...
Foxes Watching the Hen-House
Feb 7 2005 // Four months before the hurricane season, storm clouds are forming due to insurance reform measures suggested by Sen. Ron Klein, D-Boca Raton. Klein told South Florida television stations and newspapers it’s essential...
Insurance Concerns on Fla. Agenda
Feb 7 2005 // The Florida Legislature is considering numerous actions during spring sessions, including taking a close look at preparedness for the upcoming hurricane season, now five months away; implementing single-deductibles;...
Oklahoma Lawmakers Hope to Stem Workers’ Comp Crisis
Feb 7 2005 // Oklahoma lawmakers previously announced that workers’ compensation would figure prominently in this year’s legislative session. So far they are backing up their words with action, as a number of bills have...
ACIC FIGHTS HOMEOWNERS REGULATIONS:
Feb 7 2005 // The Association of California Insurance Companies is fighting on two fronts against a proposed Dept. of Insurance regulation that would unfairly force many Californians to pay more than they should for homeowners...
