Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
States Fight Back as Federal Takeover of State Regulation Threatens
Sep 22 2003 // When I first became an insurance regulator in 1999, I was alarmed by the aggressive tone of those who were advocating for a takeover of state insurance regulation by the federal government. At that time, I mentioned to...
MOLD LEGISLATION SLOWS TO A CRAWL IN STATEHOUSES, ALLIANCE SAYS
Sep 22 2003 // Despite an initial rush of proposed legislation aimed at dealing with the problems related to mold claims and homeowners insurance, very few bills have been enacted in 2003, according to the Alliance of American Insurers....
States Fight Back as Federal Takeover of State Regulation Threatens
Sep 22 2003 // When I first became an insurance regulator in 1999, I was alarmed by the aggressive tone of those who were advocating for a takeover of state insurance regulation by the federal government. At that time, I mentioned to...
ALLIANCE SAYS CALIF. EMERGENCY REGS ON FRAUD INVESTIGATIONS ARE UNNECESSARY
Sep 22 2003 // The California Department of Insurance’s proposal to further regulate the special investigations units of insurance companies is excessive and unnecessary according to the Alliance of American Insurers. In written...
Alliance Praises NJ Auto Reforms, but Warns on AB 3531
Sep 22 2003 // The Alliance of American Insurers has issued a bulletin applauding the New Jersey Department of Banking and Insurance on their efforts “to quickly implement the automobile insurance reforms of SB 63.” Richard...
Delayed Do Not Fax Rule May Be Scrapped
Sep 22 2003 // Insurance industry trade groups are hopeful that the Federal Communications Commission’s recent decision to stay until January 2005 a controversial rule prohibiting all unsolicited advertisement faxes will give...
NAPSLO Special Coverage
Sep 19 2003 // Insurance Journal brings you special video coverage of the NAPSLO Annual Convention that took place Sept. 10-14 in San Diego. Insurance Journal spoke with a number of key leaders in the excess & surplus lines...
NAII Supports NCOIL’s Draft Market Conduct Model Law; Specific Concerns Linger
Sep 15 2003 // The National Association of Independent Insurers (NAII) has commended state legislators for developing a draft model law that reportedly seeks to improve state market conduct regulation. However, the NAII expressed...
Alliance Says Calif. WC Legislation Full of Loopholes; Premium Reductions Unrealistic
Sep 12 2003 // A 150-page bill that emerged from committee this week following late night bargaining is full of loopholes and won’t produce immediate savings on workers’ compensation policies as some are claiming....
Fla. Moving Ahead on Tightening PIP Requirements
Sep 12 2003 // The Florida Office of Insurance Regulation is reportedly moving ahead with developing guidelines designed to tighten personal injury protection (PIP) rules in the state, as required by legislation passed in the last...
State Fund Hails Workers’ Comp Reform Package
Sep 12 2003 // California’s State Compensation Insurance Fund hailed cost saving measures contained in the Legislature’s workers’ compensation reform package as a significant step toward decreasing system costs. This...
Landmark WC Legislation to Provide Relief for Calif. Employers
Sep 11 2003 // Calif. Insurance Commissioner John Garamendi said that legislation crafted by the Workers’ Compensation Conference Committee will bring stability to the market and is an “outstanding” first step toward...
T.J. Derella, New PIANY President, States Views on Industry’s Image, Issues and Ideology
Sep 11 2003 // The newly installed president of the Professional Insurance Agents of New York State Inc., T.J. Derella, asked fellow leaders to focus on what he called the industry’s three “I”s: image, issues and...
ISO Authorized to Provide Advisory Pricing Info to Texas Insurers
Sep 11 2003 // Insurance Services Office Inc. (ISO) announced that it is now able to provide advisory information services to Texas insurers for four lines of insurance—commercial auto, personal auto, homeowners and dwelling...
NAMIC Reacts to House Passage of FCRA Legislation
Sep 11 2003 // Late Wednesday, the U.S. House of Representatives passed H.R. 2622, the “Fair and Accurate Credit Transactions Act,” by a vote of 392-30. The legislation reportedly amends the Fair Credit Reporting Act (FCRA),...
Top Ind. Court Rules in Agent’s Favor
Sep 10 2003 // The Indiana Supreme Court has denied the appellee’s petition to transfer the jurisdiction of the DeHays/Pretzels case involving an agent’s duty to disclose from the Court of Appeals to the Indiana Supreme...
PIANY’s “Hudson Valley RAP” to Discuss State Legislation, Marketplace
Sep 10 2003 // The Professional Insurance Agents of New York State Inc. will host its eighth annual CEO/Agency Conference, sponsored by the New York Insurance Association, during its first Hudson Valley Regional Awareness Program (RAP)...
Miss. to Hold Personal Lines Credit Score Hearing
Sep 8 2003 // The Mississippi Department of Insurance announced it has scheduled a Sept. 9 public hearing on a proposed regulation on the use of credit scoring in personal lines insurance underwriting. Adoption of Mississippi Department...
How do you Spell Relief’ Surplus Lines
Sep 8 2003 // Premium growth continues unabated for surplus line carriers, the insurance industry’s relief pitchers. They find themselves the beneficiaries of a standard marketplace still skittish about placing risks in lines...
Gov. Bush Sees Hope for Industry in Florida and Nationally
Sep 8 2003 // From medical malpractice to workers’ compensation, Florida Gov. Jeb Bush {R} has been working with insurance industry leaders to solve problems in the Sunshine State during his two terms in office. The issues in...
