Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
NAII Comments on Brief Opposing N.J. Appeals Court Ruling in Wrongful Death Case
May 29 2003 // The National Association of Independent Insurers has issued a bulletin commenting on its recent filing of an amicus brief, which opposes a New Jersey appeals court’s conclusion that wrongful death and survival...
NAII Urges Texas to Implement Reforms to Ensure Affordability, Competition
May 29 2003 // The Texas insurance market may continue to experience serious affordability and availability issues if lawmakers cannot find an answer to the state’s insurance crisis that encourages competition and more choices for...
NAII Lauds N.H. Senate’s Passage of Regulatory Modernization Bill
May 29 2003 // The National Association of Independent Insurers praised the New Hampshire Senate on passing H.B. 684, an insurance regulatory modernization bill that the NAII said “will make it easier for insurers and consumers to...
NAMIC Comments on Asbestos Litigation Legislation
May 28 2003 // Late last week, Senator Orrin Hatch, R-Utah, introduced legislation to reform asbestos litigation. The “Fairness in Asbestos Injury Resolution (‘FAIR’) Act of 2003” (S. 1125) is intended to create a...
Texas House Bans Credit Scoring in Regulation Bill
May 28 2003 // The Texas House of Representatives passed its version of Senate Bill 14, legislation that addresses regulation of residential property and commercial and personal automobile insurance. According to the Alliance of American...
NYAIP Issues Plan Manual Amendments on Spousal Liability Coverage
May 28 2003 // The Plan Manual of the New York Auto Insurance Plan has recently been updated to conform with Insurance Department regulations, adopted last November, which require insurers upon the written request of an insured, and upon...
Minn. Passes Bill Denying W/C Entry to Tax-Advantaged Entities
May 27 2003 // In a move insurance groups say will prohibit unfair competition in the state’s workers’ compensation insurance market, the Minnesota Legislature has recently taken action to prohibit state workers’...
Mold Claims Hit $4 Billion in Texas
May 27 2003 // Texas insurance companies have paid out just under $4 billion for mold claims in the past three years. According to the Insurance Council of Texas, an insurance trade association, mold claims have represented a larger...
Mo. Tort Reform Bill May Get Gov’s Veto
May 27 2003 // In the final hours of the 2003 Missouri legislative session lawmakers pushed through a tort reform bill designed to overturn the effects of a devastating court case that is largely responsible for sharp increases in...
NH Commissioner Sees Softening Market Conditions
May 27 2003 // New Hampshire Insurance Department Commissioner Paula Rogers, the keynote speaker at the Professional Insurance Agents of New Hampshire Inc.’s annual conference held at the Marriott Courtyard and Grappone Conference...
AlphaStar Regulatory Filings Delayed; Faces Nasdaq Hearing
May 22 2003 // The Bermuda-based AlphaStar Insurance Group Limited (the successor company to Stirling Cooke Brown) reported that it had received a notification from the Nasdaq Listing Qualifications Department on May 21 that the Company...
NAII, Alliance and AIA Comment on NJ Auto Reform Bill’s Passage
May 19 2003 // The National Association of Independent Insurers, the Alliance of American Insurers and the American Insurance Association all had favorable comments on the passage of New Jersey’s Auto Insurance Reform Act. (See...
NJ Assembly Approves Auto Insurance Reform Act
May 19 2003 // On Friday the New Jersey General Assembly unanimously approved The Automobile Insurance Competition and Choice Act (S-63/A-2625), a measure designed to correct “years of politically influenced auto insurance...
MONT. FAILS TO ADOPT CREDIT SCORING LEGISLATION
May 19 2003 // A Montana bill that would have established reasonable and clear guidelines for the use of credit scoring in insurance underwriting and rating is dead, reportedly due in large part to disagreements between the insurance...
Skyrocketing Prices Leaving Doubts In The Air
May 19 2003 // With California’s workers’ compensation market in a tailspin, Sacramento’s legislators, the governor and the state insurance commissioner are pulling out all the stops to repair a system that’s...
Maine Sends NCOIL-based Credit Bill to Governor
May 16 2003 // Maine has become the first New England state to send legislation to the governor that follows the National Conference of Insurance Legislators (NCOIL) credit-based insurance model. The NCOIL model or a form of the model...
NAII Urges Lawmakers to Improve Alaska Credit Info Bill
May 16 2003 // The Alaska Senate’s recent passage of legislation that would restrict insurers’ use of credit information came after lengthy negotiations among all interested parties, but still falls short of enabling insurers...
PIANY Urges lawmakers to End NYPIUA Stalemate
May 15 2003 // The Professional Insurance Agents of New York State Inc., issued a bulletin “imploring lawmakers in Albany to end the stalemate that threatens to deny tens of thousands of New Yorkers access to home and commercial...
EU Parliament Passes “Polluter Pays” Directive
May 15 2003 // The European Union Parliament in Strasbourg has passed what could be a far reaching directive, mandating that whoever causes environmental pollution will be responsible for the costs of cleaning it up. Part of the proposed...
Tax Credits Not Enough to Counter Med Mal Crisis, Says Reform Group
May 15 2003 // The burden skyrocketing medical liability costs are placing on America’s health care providers will not be eased by an amendment that would provide tax credits to hospitals and physicians in both low- and high-risk...
