Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
NAMIC Says Existing Solvency Laws Provide More Protection Than SOX-based Proposal
Jun 10 2004 // As regulators prepare to convene in San Francisco this week for their summer meeting, the National Association of Mutual Insurance Companies (NAMIC) has announced its testimony at a June 14 National Association of...
PCI Calls Safety Rule Enforcement Most Important Concern after NAFTA Trucking Decision
Jun 10 2004 // The Property Casualty Insurers Association of America has issued a comment on the recent unanimous decision by the Supreme Court to allow Mexican trucks to use U.S. highways (See IJ Web site June 7). The PCI said the...
Vt. Lawmakers to Respond to Uninsured Bill Veto
Jun 10 2004 // Vermont lawmakers will return to the capital next week to respond to Gov. James Douglas’ veto of a bill that backers said would fill a gap in car insurance coverage. House Clerk Donald Milne said that he had sent a...
PIA Urges Congress to Renew NFIP
Jun 9 2004 // The National Association of Professional Insurance Agents joined other associations in calling for the National Flood Insurance Program to be renewed before it expires at the end of the month. The PIA has initiated a...
Oklahoma Governor Signs Identity Theft Bill
Jun 9 2004 // Oklahoma Gov. Brad Henry has signed Senate Bill 1164, a measure designed to help protect victims of identity theft. According to the Senate Communications Office, State Sen. Mike Johnson, R-Kingfisher, is principal author...
Paiva Named Senior Legislative Advocate for PIFC
Jun 9 2004 // Dan Dunmoyer, president of the Personal Insurance Federation of California (PIFC) announced that Michael A. Paiva has joined PIFC as Senior Legislative Advocate, effective immediately. “Mr. Paiva has a wealth of...
Wash. L&I Enforces New Anti-Fraud Laws Effective June 10
Jun 9 2004 // Anti-fraud legislation passed in March takes effect Thursday, June 10, giving the Department of Labor and Industries (L&I) broad new authority to combat fraud and abuse of the workers’ compensation insurance...
Striving for Balance in Louisiana as Reform Efforts Continue
Jun 9 2004 // Insurance and tort reform measures passed by the Louisiana Legislature in 2003, along with efforts by the insurance department and two major insurance agents’ associations to get the word out about the state’s...
Mass. Lawmakers Eye Tougher Teen Driver Laws
Jun 8 2004 // Massachusetts lawmakers are recommending legislation that would place stricter requirements on teenage drivers and their parents or guardians in an effort to reduce car accidents involving young drivers. The bipartisan...
New Illinois Med-Mal Carrier to Focus on Aggressive Defense Tactics
Jun 8 2004 // The Professional Liability Insurance Company of America (PLICA), announced that it now offers physicians in the Illinois malpractice market a professional liability insurance product that has been developed and designed to...
Many See Caps in Oklahoma Tort Reform Bill as Fair
Jun 8 2004 // Trial lawyers and doctors, who stood on opposite sides of the tort reform debate in the Oklahoma Legislature, seem to agree that the caps on non-economic damages in Oklahoma’s new law were a fair compromise, the...
Commercial File and Use Bill Advances in Louisiana
Jun 8 2004 // Continuing a trend to loosen regulation on insurance companies, a Louisiana state Senate committee advanced House Bill 1514, which allows business insurance providers to bypass Louisiana’s Insurance Rating Commission...
Nebraska’s Chance to Modernize Still Alive and Kicking
Jun 7 2004 // While the legislative effort did not advance this session, conditions in Nebraska are excellent for regulatory modernization. Commissioner Wagner has traditionally been supportive of streamlining and modernization...
Florida Legislative Session Productive for Industry, Lobbyists Claim
Jun 7 2004 // Ask insurance industry lobbyists in Tallahassee to describe this year’s legislative session, and they’re likely to agree that it was a “very productive” session. Lawmakers enacted major pieces of...
Tenn. Workers’ Comp Reform Bill Goes to Governor
Jun 7 2004 // The Tennessee General Assembly recently gave final approval to workers’ compensation legislation that seeks to address rising costs. SB 3424, introduced at the request of Gov. Phil Bredesen (D), reportedly represents...
FLORIDA CFO APPLAUDS LAWMAKERS FOR APPROVING LEGISLATION TO INCREASE AVAILABILITY OF HOMEOWNERS INSURANCE:
Jun 7 2004 // Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s...
One-on-One with NIIA’s President Rick Aniello
Jun 7 2004 // Medical malpractice is hot on the list of concerns for Nevada’s independent agents, and the state as a whole. With physicians leaving the state due to the lack of affordable med-mal coverage, the crisis has caught...
Health Savings Accounts: A New Option for Employers and Consumers
Jun 7 2004 // Florida, like other states, is working to make sure our residents have access to health care insurance. The recent Medicare reforms passed by Congress gave states an important new option: tax-free savings accounts to pay...
Workers’ Compensation Legislative Reforms in California
Jun 7 2004 // Avoiding the Trap of Failed Promises After four months of debate and intense pressure from the business community, the California Legislature and Governor Arnold Schwarzenegger approved a comprehensive workers’...
PCI Applauds Louisiana Legislative Action on Credit, Insurance Rating System Bills
Jun 3 2004 // The Property Casualty Insurers Association of America (PCI) praised the Louisiana Legislature for defeating a credit-based insurance scoring bill, which it said would have negatively influenced the industry, and advancing...
