Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
PCI Says Regulatory Modernization, Credit Scoring Continue to Be Top Issues
May 19 2004 // Regulatory modernization and credit scoring continue to be priority issues for the insurance industry according to the Property Casualty Insurers Association of American (PCI). John Lobert, PCI senior vice president, state...
33,000 Doctors Seek Pa. Med-Mal Subsidy
May 19 2004 // About 33,000 physicians who want help paying for medical malpractice insurance have applied for a piece of a $220 million state subsidy in Pennsylvania that will be largely funded by cigarette taxes increased in...
Maine Joins Interstate Regulatory Compact
May 18 2004 // Maine Superintendent of Insurance Alessandro A. Iuppa reported that Maine has become the sixth state to join the Interstate Insurance Product Regulation Compact Commission, a commission which has been developed by the...
Elected Federal Officials Claim They’re Aware of Agents’ Influence
May 17 2004 // At IIABA Conference, Agents Capture Attention of Lawmakers Frank, Baker, Allen and Bunning From coast to coast, they came to Washington, D.C. last month for a chance to hear and be heard on a wide range of issues from...
IIABA Legislative Conference Allows Agents, Brokers Chance to Lobby
May 17 2004 // From coast to coast, they came to Washington, D.C. last month for a chance to have their voices heard on a wide range of issues from workers’ compensation to taxes on their businesses. The 28th Annual Independent...
Insurers Prepare for a Post-TRIA World; ‘Baby Steps’ Toward Federal Regulation
May 17 2004 // Property/casualty insurers are coming to grips with the fact that a government-sponsored terrorism insurance backstop could expire at the end of next year, which would send pricing shockwaves through the market. Carriers...
Bank on It
May 17 2004 // As the idea of enhanced federal involvement in regulation of insurance gains momentum, it’s easy to get caught up in the excitement coming out of Washington and envision what the insurance press might be reporting in...
IIABA Legislative Conference Allows Agents, Brokers Chance to Lobby
May 17 2004 // From coast to coast, they came to Washington, D.C., last month for a chance to have their voices heard on a wide range of issues from workers’ compensation to taxes on their businesses. The 28th Annual Independent...
AIA Pleased With 2004 Colorado Legislative Session
May 17 2004 // The Colorado legislature adjourned sine die on May 5, giving final approval to several measures before going home. The American Insurance Association (AIA) reported that positive legislation affecting the insurance...
Oregon’s SAIF Releases Evaluation in Response to Concerns
May 17 2004 // Oregon’s State Accident Insurance Fund (SAIF) recently released a 10-point self-evaluation in response to Governor Ted Kulongoski’s concerns about the publicly-owned workers’ compensation insurance...
N.Y. FAIR Plan Operations Suspended; Lawmakers Fail to Pass Legislation
May 16 2004 // Operations of the New York Property Insurance Underwriting Association, or FAIR Plan, have once again been suspended due to the failure of lawmakers to pass legislation renewing the program. More than 50,000 businesses and...
It’s Official: Rowland Vetoes Conn. Med-Mal Measure
May 14 2004 // As he promised he would do, Connecticut Gov. John G. Rowland has vetoed legislation designed to address problems in the state’s medical malpractice market. Rowland, and many within the medical and insurance...
PCI Spurs Need for Medical Liability Reform; House Approves Legislation
May 13 2004 // The House on Wednesday approved medical liability reform legislation (H.R. 4280) as part of a package of health care related bills designed to help the economy. The measure is part of the Republicans’ “Careers...
Modernization Again an Issue in Louisiana Legislature
May 12 2004 // Revamping the way insurance is regulated in Louisiana is back on the legislative radar screen this session, according to the Property Casualty Insurers Association of America (PCI), with one bill that would enhance...
R.I. Lawmakers Tackle Blue Cross Management
May 12 2004 // The legislation promised by House and Senate leaders to address the management of Blue Cross and Blue Shield of Rhode Island and oversight of the insurance industry in the state has been introduced in both chambers. The...
New Judge Named by Ark. Workers’ Comp Commission
May 11 2004 // The Arkansas Workers’ Compensation Commission (AWCC) recently announced it named Frank Arey, a one-time special appointee to the state’s Court of Appeals, as its newest Administrative Law Judge (ALJ). The AWCC,...
Conn. Gov. Rowland Affirms He Will Veto Med-Mal Bill
May 11 2004 // Conn. Governor John G. Rowland today stood with doctors and members of the Connecticut State Medical Society to announce that he will veto medcial malpractice legislation rceently passed because it lacks caps on damage...
Oklahoma Governor Assembles Work Comp Group
May 11 2004 // The Oklahoma House of Representatives Media Division reported that Governor Brad Henry has established a work group to examine pending workers’ compensation legislation in an effort to reach consensus on a reform...
ALEC Civil Justice Task Force Adopts NAMIC Model Law
May 11 2004 // The American Legislative Exchange Council (ALEC) Civil Justice Task Force has unanimously adopted a model law prepared by the National Association of Mutual Insurance Companies (NAMIC). The Fair Notice and Market Stability...
Noted Calif Regulator to Retire After 31 Years
May 11 2004 // Senior California regulator Norris Clark, deputy commissioner for financial surveillance, will resign effective August 1. “In all sectors of the insurance industry he is known as a very influential regulator and a...
