Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
NAMIC Applauds Mass. Governor’s Call for Auto Insurance Reform
Jan 20 2004 // The National Association of Mutual Insurance Companies has issued a bulletin applauding Governor Mitt Romney’s call for reform of the Massachusetts automobile market. In his State of the State address, the governor...
N.J. Auto Profits’ IIANJ Disputes Findings
Jan 19 2004 // Statistics released by the National Association of Insurance Commissioners last week, have received widespread coverage in New Jersey. They seem to show that, contrary to industry statements, the state’s auto...
Corporate CEOs Call Tort Costs a National Economic Problem
Jan 16 2004 // The high cost of the U.S. tort system makes products more expensive for all Americans and inhibits investment that can create jobs. It is not an insurance industry problem, but a national economic problem, industry leaders...
IIABA National Legislative Conference Runs April 21-23
Jan 15 2004 // The Independent Insurance Agents & Brokers of America (IIABA) has scheduled its 28th annual National Legislative Conference for April 21-23 at The Capital Hilton in downtown Washington, D.C. The event, which always...
Federal Court Halts Enforcement of Texas HB 1131
Jan 15 2004 // Allstate Insurance Company announced that the United States Federal District Court for the Northern District of Texas has granted Allstate and Sterling Autobody Centers’ request for a preliminary injunction against...
Fraud Targeted by New Texas Initiative
Jan 14 2004 // With the creation of the Texas Committee on Insurance Fraud, the Texas insurance industry, state and county agencies, and national organizations are pulling together for the first time a coordinated effort to battle...
IIABA Names Two PR Staffers
Jan 14 2004 // The Independent Insurance Agents and Brokers of America (IIABA) announced it has hired two new staffers in its public relations office. Jemarion Jones is IIABA’s new manager of media relations. She replaces Kevin...
IIABA Notes Legislative Agenda for New Year
Jan 13 2004 // With the start of the New Year and the beginning of a new session of Congress only a few weeks away, the Independent Insurance Agents and Brokers of America (IIABA) is rolling out its legislative agenda for 2004. Top...
ALASKA PRIVACY REGS. TROUBLE ALLIANCE
Jan 12 2004 // The regulations proposed by the Alaska Division of Insurance regarding privacy of consumer financial and health information, while improved from the original proposal, are still not in sync with state law, according to the...
To Fee, or Not to Fee
Jan 12 2004 // While service fees have been around for a long time, difficult market conditions and increased agency costs have made the use of service fees by agencies more popular in the past few years. In recognition that the Illinois...
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...
