Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Tort-based Auto Insurance Bill Advances in Colo.
Apr 24 2003 // The Colorado House passed legislation April 21 that would replace the state’s current no-fault auto insurance system with a tort-based system. Meanwhile, the House is also expected to act later this week on...
S. C. Legislator Says Business Group Tried to Bribe Her
Apr 24 2003 // South Carolina State Rep. Shirley Hinson claims a business lobby group has offered her a bribe to support legislation that would reform medical malpractice lawsuits. According to the Associated Press and The Charleston...
NAII Seeks Changes to Proposed Insurance Scoring Regulations in Delaware
Apr 24 2003 // The National Association of Independent Insurers announced that representatives had appeared at a public hearing held yesterday in Delaware to ensure that the effectiveness of credit-based insurance scoring was not...
NAII Favors Adoption of MA Bill on Privacy Regulations
Apr 23 2003 // The National Association of Independent Insurers has issued a bulletin in favor of a Massachusetts bill giving the insurance commissioner authority to promulgate privacy regulations consistent with the federal...
Judges to Offer Views on Tort Reform at Alliance’s Calif. Meeting
Apr 22 2003 // A group of judges will give their perspectives on the issue of tort reform during one of the panel discussions that will highlight the 81st Annual Meeting of the Alliance of American Insurers. The meeting will be held...
Align360 Notes New Federal Compliance Capabilities
Apr 21 2003 // Maine-based Align360, a business and IT consulting firm, announced the release of their FLAG360TM product for the INSideOUTSM system (formerly known as WPCSM). As part of the Homeland Security Initiatives, the U.S....
NAII Pleased with Latest Treasury Rules on TRIA
Apr 21 2003 // Two new sets of Treasury Department rules for implementation of the Terrorism Risk Insurance Act (TRIA) reportedly clarify important statutory requirements of the new law for insurers and address important state insurance...
Credit Scoring Bill Passes Georgia Senate
Apr 21 2003 // The Georgia Senate unanimously approved legislation allowing insurers to use credit-based insurance scores in underwriting and rating homeowners and auto insurance coverage, according to the American Insurance Association...
Ariz. Searches for Solution to Meet Deficit Needs
Apr 21 2003 // A billion-dollar shortfall in Arizona’s state economy has many lawmakers conjuring up solutions and desperately searching for ways to solve current and future deficits. One solution that they came up with reportedly...
ACIC’S 14TH ANNUAL GENERAL COUNSEL SEMINAR SET FOR JULY
Apr 21 2003 // Insightful speakers and informative panels will present the most up-to-date overviews of issues affecting P/C insurers writing business in California during the Association of California Insurance Companies’ 14th...
Solution to Growing Asbestos Crisis may be on the Way
Apr 21 2003 // The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,'” wrote Justice Ruth...
Credit Scoring – Agents, Carriers Look to Bridge Divisions
Apr 21 2003 // Give them credit—both agents and carriers have made credit scoring an issue that the industry can’t turn its back on. From studies to hearings, the issue has soared to become one of the top three or four issues in...
Solution to Growing Asbestos Crisis May be on the Way
Apr 21 2003 // The ‘elephantine mass of asbestos cases lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,'” wrote Justice Ruth Bader...
Credit Scoring – Agents, Carriers Look to Bridge Divisions
Apr 21 2003 // Give them credit—both agents and carriers have made credit scoring an issue that the industry can’t turn its back on. From studies to hearings, the issue has soared to become one of the top three or four issues in...
Hold Your Horses!
Apr 21 2003 // One of the Insurance Journal’s roles is to keep insurance professionals updated on key legal issues affecting the insurance industry. Indeed, the Legal Beat Column often focuses on court cases and trends in the law...
South Carolina Kicks Off Pro-State Regulation Campaign
Apr 18 2003 // “Regulation of the insurance industry in South Carolina is best handled by the Department of Insurance in Columbia, not a federal department of insurance in the District of Columbia,” said Gov. Mark Sanford (R)...
Alliance Pleased With New Treasury Department TRIA Regs
Apr 17 2003 // The Alliance of American Insurers reports it is pleased with the U.S. Treasury Department’s second set of regulations under the Terrorism Risk Insurance Act (TRIA) of 2002, which the department released April 15, as...
Navigators Pro Introduces IDL InNAVation Coverage for Independent Directors
Apr 16 2003 // Navigators Pro, a division of Navigators Management Company, a subsidiary of The Navigators Group, Inc. (www.navg.com), has introduced the IDL InNAVation(SM) coverage endorsement to its traditional primary directors and...
NAII Unhappy with Ore. Credit Bill’s Advancement to Senate
Apr 16 2003 // The Oregon Senate Judiciary Committee unanimously voted to pass Senate Bill 260, which would prohibit insurance carriers from using credit information for underwriting and rating policies, the National Association of...
Privacy Regulations Under HIPAA Raise Concerns for P/C Insurers
Apr 15 2003 // While privacy regulations under the Health Insurance Portability and Accessibility Act (HIPAA) do not apply directly to property/casualty insurers, the industry is expecting a significant impact due to health care...
