Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
N.Y. Again Faces Renewal of FAIR Plan
May 5 2004 // The Professional Insurance Agents of New York State Inc. is asking lawmakers in Albany to reauthorize the New York Property Insurance Underwriting Association, which offers tens of thousands of New Yorkers access to home...
Gibford Joins AIA’s Western Region
May 5 2004 // The American Insurance Association (AIA) announced May 5 that Janine Gibford has been appointed as assistant vice president in the association’s Western Region, based in Sacramento. Gibford will manage AIA’s...
Workers’ Comp, Other Industry Bills Headed to Gov. Bush as Fla. Session Concludes
May 5 2004 // Although so-called consumer protection initiatives dominated the headlines in the 2004 Florida legislative session, insurers were reportedly equally concerned with bills addressing workers’ compensation and other...
AIA Reports Iowa’s 2004 Legislative Session a Success for Both Consumers, Insurers
May 4 2004 // The American Insurance Association (AIA) on Monday declared Iowa’s 2004 legislative session a success for consumers and insurers on key issues affecting the property/casualty market. “From passage of a medical...
ACIC Responds to CDI News Conference
May 4 2004 // Sam Sorich, president of the Association of California Insurance Companies (ACIC), released a statement in response to Insurance Commissioner John Garamendi’s recent comments regarding the response of the insurance...
NAMIC: Fla. Legislature Adjourns, Session Productive for Property/Casualty Legislation
May 4 2004 // Florida’s just-ended legislative session “proved to be very productive,” an official with the National Association of Mutual Insurance Companies (NAMIC) said. Florida lawmakers enacted several key...
ACIC: Legislation Would Drive Up Homeowners Insurance Costs
May 4 2004 // Pending legislation purported to be pro-consumer would in fact hurt consumers by mandating insurance practices that in the long run would drive up the cost of homeowners insurance, according to the Association of...
AIA OPPOSES REGULATION TO RESTRICT INSURER’S USE OF CREDIT INFORMATION IN WYOMING:
May 3 2004 // A proposed regulation (Chapter 56) to restrict the use of credit-based insurance scores could actually cause unintended consequences for Wyoming consumers, according to the American Insurance Association (AIA)....
GOP INTRODUCES ASBESTOS LITIGATION REFORM IN U.S. SENATE:
May 3 2004 // Asbestos litigation reform legislation introduced recently by U.S. Senate Majority Leader Bill Frist (R-Tenn.) and Senate Judiciary Committee Chairman Orrin Hatch (R-Utah) represents a significant step forward in the...
Texas Fraud Committee Gearing Up for Legislative Action
May 3 2004 // Acknowledging that nothing significant would happen until after the Texas Legislature closes out its special session on school finance reform, members of the Texas Committee on Insurance Fraud pushed forward recently on...
California Governor Signs Workers’ Comp Reform Package
May 3 2004 // Governor Arnold Schwarzenegger signed a bill on April 19 designed to overhaul California’s costly workers’ compensation system and save employers billions of dollars. The compromise legislation will limit...
Wy. Doctors’ Group Says Caps Not the Only Answer to Malpractice Dilemma
May 3 2004 // Capping damage awards is not by itself the solution to Wyoming’s medical malpractice insurance cost dilemma, the incoming president of a state physicians group said. “Even if Wyoming were to enact reforms like...
MANDATED MEDICAL COVERAGE BILL IN COLORADO GOES DOWN:
May 3 2004 // Legislation that reportedly could have significantly increased automobile insurance premiums by forcing consumers to buy $35,000 in medical payments coverage was defeated in the Colorado House. “This legislation (HB...
R.I. Senate Passes Smoking Ban
May 3 2004 // The Rhode Island Senate on a 25-7 vote passed legislation that would ban smoking in nearly every public place in Rhode Island. The Rhode Island Workers’ Safety Act of 2004 (2004 – S2029A), sponsored by Sen. V....
Fla. CFO Applauds Lawmakers for Approving Legislation to Increase Availability of Homeowners Insurance
May 3 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...
WCIRB Testifies at CDI Public Hearing
Apr 30 2004 // On April 29, the WCIRB testified at a California Department of Insurance (CDI) public hearing called to assess the impact of the recently-enacted Senate Bill 899 (SB 899) on advisory pure premium rates effective July 1,...
Insurers Again Looking for Less Regulation in Louisiana
Apr 29 2004 // Four months after a new law gave insurance companies more freedom to raise their rates, insurance lobbyists were back before a House panel asking for even looser regulatory restraints. According to the Associated Press,...
Allstate Case May End Use of Special Judges in La.
Apr 28 2004 // The use of administrative law judges to settle some legal disputes involving state agencies could be threatened by a lawsuit now before the Louisiana Supreme Court. According to Associated Press reports, the suit started...
SB 1315 Would Limit Consumer Choice, Violate California Constitution
Apr 28 2004 // The Association of California Insurance Companies (ACIC) is opposed to pending legislation, SB 1315, which would limit consumer choice on fire insurance policies and violate the California Constitution’s contract...
Zenith Announces First Quarter Results
Apr 28 2004 // Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $25.1 million for the first quarter of 2004 compared to net income of $11.7 million for the first quarter of 2003. Diluted net income per...
