Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
AIA Finds N.H. Privacy Rule Consistent with GLBA
Sep 29 2003 // The American Insurance Association has issued a bulletin which indicates that New Hampshire’s adoption of Rule INS 3701.01, implementing regulations for safeguarding customer under Gramm-Leach-Bliley Act, is...
Sen. Alarcón Responds to Schwarzenegger’s Comments About WC Reforms
Sep 29 2003 // In an obvious gaffe in the Sept. 24 recall debate, Arnold Schwarzenegger called the recently passed Workers’ Compensation Reforms, “pre-election bogus.” Senator Richard Alarcón (D-Van Nuys) the Senate...
ISO’s New Policywriting Support Forms to Help Insurers Comply with Legal, Regulatory Requirements
Sep 26 2003 // A new service developed by Insurance Services Office, Inc. (ISO) reportedly helps insurers comply with state legal and insurance regulatory requirements. ISO will begin making its new Policywriting Support Forms available...
Uniform National Standards Necessary in FCRA Reauthorization
Sep 25 2003 // The Alliance of American Insurers says the Senate Banking Committee’s efforts to maintain a national standard for consumer protection rather than allowing states to enact conflicting provisions is a positive step...
PIANJ Letter Addresses Concerns on Auto Policy Regulations
Sep 25 2003 // Professional Insurance Association of New Jersey president John D’Agostino, Jr., CIC, has addressed a letter to Douglas A. Wheeler, Assistant Commissioner of Legislative and Regulatory Affairs for the New Jersey...
NAII Wants Clarification of Proposed N.J. Excess Profit Regulation
Sep 25 2003 // The National Association of Independent Insurers announced that it has asked the New Jersey Department of Banking and Insurance to be more specific regarding the methodology contained in a proposed regulation dealing with...
Insurance Company Donations to Calif. Gov. Illegal, Consumer Group Says
Sep 25 2003 // A consumer group is urging the United States Attorney for the Eastern District of California to investigate a series of contributions totaling $175,000 from an insurance company, Mercury General Corporation, to Governor...
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 Jan. 2005 a controversial rule prohibiting all unsolicited advertisement faxes will give business...
Apprehensions over Regulation, Capital, Industry Image, Dominate CII Conference
Sep 22 2003 // The 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute wound up proceedings in London last Friday on an upbeat note. President Andy Homer told delegates that the industry...
CIGA Looks to Bond Sound Future
Sep 22 2003 // Thanks to the legislature, the California Insurance Guarantee Association (CIGA) will stave off financial ruin by floating bonds next year. Part of the reform package passed by both houses in the Capitol includes...
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...