Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
IBC Lauds New Brunswick Legislation as ‘Positive Step’ to Stabilize Premiums
Jun 20 2003 // The Insurance Bureau of Canada announced that “is pleased that New Brunswick’s government is taking concrete action to stabilize auto insurance rates,” following a decision to cap pain and suffering...
Onerous Calif. Financial Privacy Bill Heard in Assembly
Jun 18 2003 // A Senate bill that would reportedly create the country’s most restrictive privacy standards passed the full Senate and is pending in the Assembly, where it was heard June 17 in the Assembly Banking and Finance...
Coalition Keeps Pressure on Florida Lawmakers
Jun 17 2003 // Leaders of the Coalition to Heal Healthcare in Florida told the state legislature returning to the Capitol for the start of a four-day special session that Governor Jeb Bush’s comprehensive reform package will solve...
Texas Medical Malpractice Reform Legislation Signed Into Law
Jun 13 2003 // Texas Gov. Rick Perry signed into law reform legislation designed ease the medical malpractice crisis and ensure that all Texans have access to quality, affordable health care. The measure, House Bill 4, includes a...
Fla. Lawmakers to Speak at Rally for Healthcare Reform
Jun 13 2003 // Two Central Florida lawmakers will be on hand to speak at a June 13 rally in support of health care reform. According to the Tampa Bay Insurance Journal, Rep. Sandy Murman, R-Tampa and Rep. Sheri McInvale, D-Orlando are...
NAII Says NJ Auto Reform “Proves Viability of State Regulatory System”
Jun 12 2003 // The National Association of Independent Insurers has issued a bulletin indicating that the recent enactment of auto reform legislation in New Jersey (See IJ Website June 9) “has several important implications for the...
Associations Tell NAIC Not to Reduce Collateral, Requirements for Alien Reinsurers
Jun 11 2003 // The four property/casualty trade associations, joined by a workers’ compensation and a reinsurance association, have joined together to ask the National Association of Insurance Commissioners (NAIC) to reject any...
Gov. Perry Signs Reform Legislation
Jun 11 2003 // Texas Gov. Rick Perry signed Senate Bill 14, the recently passed insurance reform legislation, during a signing ceremony at a construction site in Temple. According to a statement released by the governor’s office,...
Winstead’s Bass to Address Impact of New Tort & Insurance Laws
Jun 11 2003 // Business law firm Winstead Sechrest & Minick announced that pay clauses, sovereign immunity, prompt pay and dispute resolution are among the issues Robert C. Bass, chair of Winstead’s Construction Practice and a...
N.J. Gov. McGreevey Signs Auto Reform Bill; AAI Optimistic Further Changes Can Be Accomplished
Jun 10 2003 // While commending New Jersey Gov. James McGreevey (D) for signing into law on Monday important auto insurance reform legislation, the Alliance of American Insurers (AAI) warned those who want to attract and keep good auto...
PIANJ Hails Signing of N.J. Auto Reform Bill
Jun 10 2003 // The Professional Insurance Agents of New Jersey Inc. hailed Governor James E. McGreevey’s signing of S.63/A.2625, reform legislation aimed at combating the State’s auto insurance crisis (See Article in...
AAI Urges NCOIL to Take Initiative in the State Capitols on Market Conduct Reform
Jun 9 2003 // Modernization of how states monitor insurer market conduct is a key element to preserving state regulation of insurance, and state legislators can play a key role in making sure existing initiatives are implemented quickly...
PIFC Reports on Dangers of Eliminating Territorial Rating
Jun 9 2003 // Four California Insurance Commissioners and the California Supreme Court reportedly agree-the use of territory as a factor in determining automobile insurance rates is fair and equitable under Proposition 103 passed in...
Texas Regulation Bill Passes in Last Hours of Session
Jun 9 2003 // In the waning hours of the 78th Legislature Texas lawmakers passed Senate Bill 14, the long-awaited insurance reform bill, giving additional power to the Insurance Commissioner to control residential and automobile...
AIA Says Fair Credit Act Renewal Will Keep Regulatory Balance
Jun 6 2003 // The American Insurance Association (AIA) on Thursday urged Congress to renew the Fair Credit Reporting Act and applauded House Financial Services Committee Chairman Mike Oxley (R-Ohio) and Rep. Spencer Bachus (R-Ala.) for...
Foster Urged to Sign Louisiana Regulatory Reform Bill
Jun 6 2003 // The National Association of Independent Insurers called on Louisiana Gov. Mike Foster to promptly sign a bill that the NAII says would provide more flexibility to the state’s insurance rate-making process while...
Alliance Opposes Proposed N.J. Restrictions on Call Centers
Jun 6 2003 // The Alliance of American Insurers testified yesterday against NJ Assembly Bill 3259, which, it asserts, “would place restrictions on insurers using call centers.” Alliance Assistant Regional Manager Richard...
N.Y. Governor Introduces
Jun 5 2003 // New York’s Governor George E. Pataki announced that he has introduced legislation to provide enhanced insurance protections for New York State business owners. The Governor said the legislation would allow for the...
IIAT Praises Passage of Texas Reform Bill
Jun 4 2003 // According to the Independent Insurance Agents of Texas, the June 1 passage of the state’s insurance reform bill is a victory for consumers, insurance companies and independent agents. Gov. Rick Perry, who declared...
NAII Encouraged, Concerned by NCOIL Regulatory Modernization Report
Jun 4 2003 // The National Association of Independent Insurers (NAII) said it is encouraged by a preliminary NCOIL report calling for significant changes in market conduct regulation. However, some proposals contained in the report have...
