Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
The Illinois Marketplace: Is the Future in Peril’
Jan 12 2004 // Illinois’ insurance regulatory environment has long been viewed by the industry and business community as the model for other states to emulate, and rightfully so. While every state or region has unique problems in...
Has the N.J. Auto Market Seen the Last of 30 Years of Mismanagement’
Jan 12 2004 // Last month the National Association of Independent Insurers issued a bulletin, which described New Jersey’s auto insurance market as “once the nation’s poster child for the dangers of over...
The Right Man for the Right Job
Jan 12 2004 // An Exclusive Interview with Gregory Serio Gregory V. Serio, the superintendent of the New York State Insurance Department, is a busy man—moving between Albany, Manhattan, Washington D.C. and elsewhere about the country....
ICT Details New Laws Taking Effect in 2004
Jan 12 2004 // The Insurance Council of Texas recently issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in...
Perry Says Reforms are Paving Way for Regulatory Modernization
Jan 12 2004 // To start off the new year, Insurance Journal asked Texas Governor Rick Perry to share his views on insurance reforms initiated by the Texas Legislature in 2003, and to comment on issues he believes need to be addressed in...
Republic Exec. Elected Chairman of ICT
Jan 7 2004 // The Insurance Council of Texas (ICT) announced it elected Richard A. Mayer to serve as chairman of the board of directors beginning Jan.1, 2004. Mayer was elected at the December board meeting in San Antonio. Mayer is the...
New California P/C Trade Association Formed
Jan 6 2004 // A new California state P/C trade association is being formed by a group of small and mid-sized California domestic insurers. The members write homeowners, auto and commercial lines except workers’ compensation and...
New Fla. Law Limiting Insurers’ Use of Credit Reports Takes Effect
Jan 5 2004 // Florida’s Chief Financial Officer Tom Gallagher said that a new law which went into effect Jan. 1 prohibits insurance companies from using a person’s credit history against them if they are dealing with...
WTC Judge to Litigants: ‘Lower the Tide of Bile’
Jan 2 2004 // U.S. District Judge Michael B. Mukasey has reportedly had enough of the internal and external sniping between Swiss Re and other insurers and Silverstein Properties in the dispute over the recovery for destruction of the...
IIANJ Expresses Concerns over Proposed Consumer Privacy Regs
Dec 30 2003 // The Independent Insurance Agents of New Jersey recently submitted comments to the New Jersey Department of Banking and Insurance (DOBI) concerning proposed regulations that outline minimum standards for financial...
Regulatory Modernization Top Priority in 2004 Says Industry Trade Group
Dec 24 2003 // State insurance regulation is at a critical crossroads and achieving regulatory modernization in states in 2004 must be a top priority for insurers and state regulators, the National Association of Independent Insurers...
NAII Letter to WSJ Calls for Mass. Auto Insurance Reform
Dec 23 2003 // In an open letter to Paul A. Gigot, Editor of the Wall Street Journal’s Editorial Page, the National Association of Independent Insurers expressed its strong support for reforming Massachusetts’ auto insurance...
Oregon Insurance Division Recognized for Financial Regulation Program
Dec 23 2003 // The Oregon Insurance Division has been recognized for its financial regulation program by the National Association of Insurance Commissioners. Oregon was one of 10 states to recently receive an accreditation award from the...
ICT Reminder Details New Laws Taking Effect in January
Dec 23 2003 // The Insurance Council of Texas issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in 2004. The...
IIANJ Comments on DOBI’s “Three Scenarios” and Alternate Underwriting Rules
Dec 22 2003 // The Independent Insurance Agents of New Jersey recently provided input to the New Jersey Department of Banking and Insurance (DOBI) on several proposed regulations implementing the “Competition and Choice Act signed...
IIABA Boasts Anti-Spam Exemption
Dec 15 2003 // The Independent Insurance Agents and Brokers of America said an intensive lobbying effort paid off when it brokered an 11th-hour exemption for trade associations to the anti-“SPAM” bill conference report passed...
Industry People Making Moves in 2003
Dec 15 2003 // As you will probably notice from this list, it is not scientific, preferential, etc. We retraced news coverage of this past year and tried to come to an agreement on who made headlines. We likely left off a few...
Flood Insurance Program Gets Three-Month Extension
Dec 15 2003 // The major changes Congress has in mind for the National Flood Insurance Program are still on the table, as both the House and Senate voted to extend the program as is for only three months to allow time to hammer out an...
Conference Sure of Firm Market, Uncertain About Future of Regulation
Dec 15 2003 // Except for the future of insurance regulation, there was surprising unanimity on leading issues facing the property and casualty insurance industry among both panelists and guests at the Fifteenth Annual Executive...
Terrorism: The Issue of the Moment at Dallas All Industry Day
Dec 15 2003 // “Dirty bomb” was the phrase of the day at the All Industry Day held Nov. 25 in Dallas—perhaps not so surprising, given the fact the conference was titled, “Confronting Terrorism, Not If But...
