Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Judge Rules ‘one occurrence’ for trio of Sept. 11 Insurers
Sep 25 2002 // A federal judge ruled Sept. 25 that the attacks on the World Trade Center last September resulted in “one occurrence” under a policy form used by a trio of insurers of the destroyed complex, according to a Dow...
N.Y. Gov. Pataki Signs Sole Proprietor Health Bill into Law
Sep 23 2002 // New York Governor George Pataki signed into law a bill that will make more affordable health insurance available to small businesses run across New York State that are owned and operated by single-person businesses. The...
Ark. Issues Privacy Regulations
Sep 23 2002 // The Arkansas Department of Insurance has issued a rule that establishes standards for developing and protecting customer information, Rule and Regulation 77-Standards for Safeguarding Customer Information. It was drafted...
Alaska Privacy Regulation Does Not Comply with State Law
Sep 20 2002 // A proposed state privacy regulation does not comply with the enabling legislation, and therefore the state Insurance Division does not have authority to adopt the rule, according to the National Association of Independent...
IIAANY Encourages N.Y. Gov. to Sign Bill on Employment Status
Sep 20 2002 // The Independent Insurance Agents of New York Inc. (IIAANY) says Gov. George Pataki can take a major step in helping licensed insurance agents and brokers from running afoul of state agencies by signing a bill that would...
NAII Questions Mo. Insurance Dept.’s. Proposed Contract Regulations
Sep 19 2002 // The National Association of Independent Insurers has issued a statement that a regulation proposed by the State of Missouri’s Insurance Department requiring insurers to enter into contracts with all third party...
Hawaii Division Receives National Award
Sep 18 2002 // The Hawaii Insurance Division (Division) received the National Association of Insurance Commissioners’ (NAIC) Uniform Regulation through Technology (URTT) Award after completing all 12 of the URTT initiatives. The...
Ohio Insurance Commissioner Opposes Class Action Lawsuit Against Progressive
Sep 18 2002 // Ohio Insurance Director Lee Covington has filed a “friend of the court” brief supporting the decision of the Cuyahoga County Court of Common Pleas that refused to certify a class action lawsuit against Mayfield...
IIABA Points Congress to Pragmatic Reform Approach
Sep 18 2002 // The problems of state oversight are significant, requiring reform of the system, but Congress can best modernize state rules through federal legislation, not regulation, Independent Insurance Agents & Brokers of...
AIA: N.J. Auto Crisis Will Persist Despite DOBI Efforts
Sep 17 2002 // The New Jersey Department of Banking and Insurance (DOBI) has devised a program to assist the state’s auto policyholders find new coverage in light of State Farm Indemnity’s pending non-renewal of 4,000 polices...
Judge Dismisses J.P. Morgan Fraud Claim
Sep 17 2002 // A federal judge has dismissed J.P. Morgan Chase & Co.’s fraud claim levied against 11 insurers, possibly derailing the company’s attempt to gather approximately $1 billion in losses resulting in trade...
Campbell vs. State Farm: U.S. Supreme Court May Resolve Issue
Sep 16 2002 // Outrageous! A travesty of Justice! Should be reversed! Both sides have probably said that at one time or another as the case of Campbell vs. State Farm worked it’s way through Utah’s court system, culminating...
ARIZ. 2002 SESSION LEGISLATION TAKES AFFECT
Sep 16 2002 // Arizona property/casualty insurance laws addressing the use of credit information, new form filing and investment provisions, spiraling costs of construction defect litigation and minors’ seatbelt usage took affect...
CWCI HOSTS SEMINAR TO COVER NEW WC LAW
Sep 16 2002 // The California Workers’ Compensation Institute will hold a one-day seminar in October at three locations to help workers’ compensation professionals prepare for the statutory and regulatory changes brought...
Calif. Gov. Davis Approves Legislation to Safeguard Solvency of Workers’ Comp Guaranty Fund
Sep 12 2002 // California Governor Gray Davis has signed a measure that guarantees employers and injured workers will continue to receive workers’ compensation benefits if an insurance carrier becomes insolvent, according to the...
NAIC Approves Amendment to Privacy Model Regulation
Sep 11 2002 // Requiring workers’ compensation insurers to send an annual privacy notice to their employers is not necessary and will result in added administrative costs, insurers told regulators, during the National Association...
Morris, Manning & Martin Forms Legal Practice Group For MGA’s
Sep 10 2002 // Morris, Manning & Martin, LLP has formed a new practice group to serve the needs of independent Managing General Agents (MGAs). The new group will provide focused services involving: * Contracts with insurance...
NAII Says Calif. Proposed Privacy Regulation Amendments Miss Mark
Sep 9 2002 // According to the National Association of Independent Insurers (NAII), The California Insurance Department’s latest revisions to its proposed consumer financial privacy regulations are still at odds with state and...
Insurers Issue Blueprint for Self-Certification of Rates and Forms
Sep 5 2002 // Insurance regulators wishing to further regulatory modernization should begin to adopt a workable self-certification process to approve rates and forms, according to insurers. In a letter to the National Association of...
Arizona 2002 Session Legislation Takes Effect This Week
Sep 3 2002 // Arizona property/casualty insurance laws addressing the use of credit information, new form filing and investment provisions, spiraling costs of construction defect litigation and minors’ seatbelt usage took affect...