Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Insurance Journal 80th Anniversary
Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...
Several Oregon P/C Insurance Measures Signed Into Law
Oct 20 2003 // Oregon Governor Ted Kulongoski recently signed several pieces of significant property/casualty insurance legislation, including measures dealing with credit reports, taxes, auto insurance coverage and environmental...
American Agents Alliance Conference Focuses on the Future
Oct 20 2003 // More than 1,400 agents and brokers ventured out to an oasis in Indian Wells, Calif., to take part in the American Agents Alliance 29th Annual Conference and Expo held on Oct. 8-12. The four-day event, held at the...
NAII Hears N.Y. Sen. Seward Cite Fraud as Cause for Auto Premium Increases
Oct 17 2003 // In an address at the National Association of Independent Insurers Fall Legislative Meeting, Sen. James L. Seward, chairman of the Senate Standing Committee on Insurance, stressed the need for serious fraud reform in New...
EC Drops Probe of Lloyd’s Regulation
Oct 16 2003 // The European Commission, the European Union’s regulatory authority, has dropped an investigation of the British government’s rules concerning the Lloyd’s market. The EC began the probe in response to...
Several Oregon P/C Insurance Measures Signed Into Law
Oct 14 2003 // Oregon Governor Ted Kulongoski recently signed several pieces of significant property/casualty insurance legislation, including measures dealing with credit reports, taxes, auto insurance coverage and environmental...
New Risk Retention Group Formed to Insure Companies in the Alarm Industry
Oct 13 2003 // Faced with a hard insurance marketplace and eager to offer an alternative source of insurance to its current and prospective members, the National Burglar & Fire Alarm Association (“NBFAA”) recently turned...
WTC Claims War of Words Continues as Governor Seeks Settlement
Oct 13 2003 // Despite the earnest efforts of New York’s governor George Pataki to find a quick solution to the dispute between Silverstein Properties and Swiss Re over the amount to be paid for the destruction of the World Trade...
IIANJ Comments on Out of State Trust Accounts; ID Cards; Consumer Notices
Oct 10 2003 // The Independent Insurance Agents of New Jersey has issued three separate bulletins addressing the problems of out of state trust accounts, multiple ID card forms and consumer notices on automobile insurance. The IIANJ...
IBANY Retains Michael V. Barrett as New Legislative Representative
Oct 10 2003 // The Insurance Brokers Association of New York, which represents the interests of New York’s leading commercial insurance producers on both professional development and legislative and regulatory matters, announced...
Fla. Judge Rules Agent Countersignature Law Unconstitutional
Oct 9 2003 // A Florida U.S. district court judge has struck down as unconstitutional the state’s countersignature law, which required that Florida resident agents and brokers get half the commission on insurance transactions...
IIABA Reports Now is the Time For National Agent-Broker Licensing Reform
Oct 7 2003 // A U.S. district court’s decision that two Florida laws denying equal treatment to nonresident Florida-licensed agents are unconstitutional will result in an additional breakdown of artificial barriers to licensing...
MedPro to Issue Non-Renewal Notices to Fla. Physicians
Oct 6 2003 // GE Commercial Insurance’s Medical Protective (MedPro) announced it reportedly has been forced to issue non-renewal notices to physicians whose medical malpractice insurance policies expire in January 2004. MedPro had...
Apprehensions over Regulation, Capital, Industry Image, Dominate CII Conference
Oct 6 2003 // The industry “needs leaders that will actually lead,” said outgoing president Andy Homer as he closed the 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute...
Under the Gun, NAIC Recommits to Modernization
Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...
AAI Reports Concerns with Implementation of Some N.J. Auto Regulations
Oct 6 2003 // The Alliance of American Insurers submitted comments to New Jersey’s Department of Banking and Insurance expressing support for the Department’s efforts to move quickly in implementing the auto insurance reform...
Fla. Announces New Strategy for Fighting Auto Fraud
Oct 6 2003 // Continuing efforts to put an end to reported spiraling auto insurance premiums by combating fraud, Florida’s Chief Financial Officer Tom Gallagher recently joined Miami-Dade State Attorney Katherine Fernandez-Rundle...
Calif. Legislative Session Adjourns With New Privacy Law, WC Reform
Oct 6 2003 // New financial privacy requirements and legislation aimed at cutting workers’ compensation costs are the two most significant public policy measures that impacted the property/casualty industry during the 2003...
Special Coverage: NAPSLO Annual Convention
Oct 6 2003 // The NAPSLO Annual Convention took place Sept. 10-14 in San Diego at the San Diego Marriott Hotel & Marina. For more Insurance Journal interviews and special video coverage of the NAPSLO Convention, including an...
Regulation, Capital, Industry Image Dominate CII Conference
Oct 6 2003 // The industry “needs leaders that will actually lead,” said outgoing president Andy Homer as he closed the 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute...
