Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
NAII Praises Legislative Group for Support of Regulatory Modernization
Jul 24 2003 // The National Association of Independent Insurers (NAII) praised members of the National Conference of State Legislatures (NCSL) for adoption of its “Statement of Principles for the Regulation of Property Casualty...
N.C. ‘Beach Plan’ to Offer HO Policies for Coastal Residences
Jul 23 2003 // North Carolina Insurance Commissioner Jim Long and State Senator Scott Thomas announced a new law which is expected to alleviate the homeowners insurance crisis currently felt by residents of North Carolina’s 18...
AIA Supports Curbs on Food Lawsuits
Jul 23 2003 // The American Insurance Association (AIA) praised the “Commonsense Consumption Act” (S. 1428), introduced recently by U.S. Sen. Mitch McConnell (R-KY), as a much-needed proposal to help reform America’s...
Calif. Commissioner Enjoined from Implementing Flawed Fair Claims Settlement Practices Regs
Jul 23 2003 // Three statewide insurance trade associations won a preliminary ruling today by the Superior Court of California enjoining the California Department of Insurance from implementing a new set of amendments to the Fair Claims...
PIA, AIA Oppose Hollings Bill
Jul 22 2003 // Two more insurance industry groups came out in opposition to a Senate bill that would create a U.S. Commerce Department insurance regulatory commission. The National Association of Professional Insurance Agents (PIA) will...
O’Brien Joins IIABA as Lobbyist
Jul 22 2003 // Patrick O’Brien has joined the Capitol Hill office staff of the Independent Insurance Agents and Brokers of America (IIABA) as the new lobbyist/grassroots coordinator. O’Brien has spent the past four years...
Calif. Lawmakers Form Workers’ Comp Reform Committee
Jul 21 2003 // California Insurance Commissioner John Garamendi commended lawmakers July 9 for moving workers’ compensation bills into a Legislative Conference Committee, and consequently moving the reform of the system closer to...
Insurers Urge 11th Circuit to Overturn Fla. Ruling That Usurps State Regulation of Insurance
Jul 21 2003 // The four national property/casualty insurance industry trade associations filed an amicus brief late last week with the 11th Circuit Court of Appeals opposing the use of a national class action to resolve insurance rate...
Legislation, Building Relationships Mark Year for TSLA Leader
Jul 21 2003 // Paula Burnes, CEO of the Texas Surplus Lines Association (TSLA), recently sat down with Insurance Journal senior writer Dave Thomas to discuss the Association’s role in the industry, its plans for the future, and...
Montemayor Confident Reforms Will Level the Field for All Participants
Jul 21 2003 // Texas Insurance Commissioner José Montemayor and the Texas Department of Insurance have a big job ahead of them in implementing the regulatory reforms put in motion by the 78th Texas Legislature. In a recent interview...
ACIC Objects to California Homeowners Regulations
Jul 18 2003 // On July 15, the Association of California Insurance Companies (ACIC) filed objections to the California Office of Administrative Law (OAL) regarding a proposed emergency regulation that would impose restrictions on...
NAII Opposes Bill to Establish Federal Insurance Regulatory Commission
Jul 17 2003 // A proposal by Senate Commerce Committee Chairman Fritz Hollings (D-S.C.) to repeal the McCarran-Ferguson antitrust exemption and create a new Federal Insurance Commission within the Commerce Department was strongly...
Fla Gov. Signs WC Bill Into Law
Jul 17 2003 // The signing into law of important workers’ compensation reform legislation by Florida Gov. Jeb Bush will go a long way toward limiting the cost of insuring workers in the state against injury and will boost the...
Texas Bill Aims to Give Serious Asbestos Injuries Docket Priority
Jul 16 2003 // Legislation easily passed a Texas Senate committee with minor revisions that will cut down the number of asbestos-related lawsuits. The asbestos-related legislation could become the second major lawsuit reform bill passed...
Territorial Rating Back on Radar Screen in Calif., ACIC Says
Jul 15 2003 // The California Department of Insurance recently accepted a petition that would change how automobile insurance rates are set in California. The petition, proposed by consumer groups, would restrict the importance that...
IIABA Opposes New Bill Authorizing Federal Insurance Commission
Jul 15 2003 // The Independent Insurance Agents and Brokers of America released a statement saying it is concerned about an unexpected bill introduced in the Senate last week by Sen. Fritz Hollings (D-S.C.) that is the first legislative...
20 States Have Enacted Tort Reforms This Year
Jul 15 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
Political ‘Soap Opera’ Reportedly Characterizes 2003 R.I. Legislative Session
Jul 14 2003 // The Rhode Island legislature went through a marathon session and officially adjourned during the early morning hours recently, wrapping up a year of political posturing that resulted in a several gains for the insurance...
U.S. House Passage of OT Rules Reportedly Bodes Well for Insurers
Jul 14 2003 // Proposed Department of Labor regulations that were approved by the House of Representatives July 10 would reportedly clarify how employers determine who is exempt from overtime pay and should aid insurers, according to the...
NCOIL Scoring Model Reportedly Garners Support in States
Jul 10 2003 // The reported increasing popularity of the National Conference of Insurance Legislators (NCOIL) Insurance Scoring Model Act and the publication of two significant studies showing an irrefutable link between credit-based...
