Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
NAII Opposes RI Insurance Legislation
Feb 28 2002 // Gerald L. Zimmerman, senior counsel for the National Association of Independent Insurers, said that several insurance-related bills scheduled to be considered by the Rhode Island Senate Corporations Committee would stifle...
AAI Objects to Changes in Calif. Auto Rate Rules
Feb 27 2002 // Proposed changes to the way California allows insurers to compute auto insurance rates will result in a return to a confusing system that generates arbitrary rates, to the ultimate detriment of consumers, according to the...
NAII Offers Update on Credit Scoring Legislation
Feb 25 2002 // The National Association of Independent Insurers has issued a bulletin which lists the status of legislation in various states concerning the use of “credit scoring” by insurers. A rundown of the Eastern region...
ISO Launches State Filing Handbook and Forms on ISONET
Feb 25 2002 // Insurance Services Office, Inc. (ISO) has announced the availability of its authoritative guide on state insurance laws and regulations, State Filing Handbook & State Filing Forms, on ISOnetSM, ISO’s secure...
The Ocean Marine Market: A Unique Animal
Feb 25 2002 // Like life itself, insurance began in the ocean, eventually spawning the various land-based descendants we’ve come to know. While those terrestrial variants-auto, homeowners, commercial liability, among others-now...
CDI Urged to Wait before Implementing Proposed Privacy Regulations
Feb 25 2002 // We strongly encourage the Department to wait before they actually promulgate these regulations.” That sentiment was offered during testimony given Feb. 8, by Steve Young, senior vice president and general counsel for...
Analysts and CEOs See Eye-to-Eye at P/C Joint Industry Forum
Feb 25 2002 // Analysts and insurance company CEOs who recently addressed the Property/Casualty Insurance Joint Industry Forum in New York City presented remarkably consistent predictions about the future of the insurance industry in the...
What Price Workers’ Comp’
Feb 25 2002 // As was widely expected, on Feb. 15, California Gov. Gray Davis signed a workers’ comp-related bill, AB 749 (Calderon & Burton), which had passed both the state’s House and Senate on Feb. 4. But while it...
Analysts and CEOs See Eye-to-Eye at P/C Joint Industry Forum
Feb 25 2002 // Analysts and insurance company CEOs who recently addressed the Property/Casualty Insurance Joint Industry Forum in New York City presented remarkably consistent predictions about the future of the insurance industry in the...
AIA Salutes Arkansas Task Force
Feb 25 2002 // The Alliance of American Insurers (AIA) commended the Arkansas Insurance Department for creating a task force to gain input from interested parties on what steps the state should take to modernize insurance regulation in...
The Ocean Marine Market: A Unique Animal
Feb 25 2002 // Like life itself, insurance began in the ocean, eventually spawning like the varius land-based descendents we’ve come to know. While those terrestrial variants-auto, homeowners, commercial liability, among others-now...
IIAA Opposing LaFalce Regulation Plan
Feb 22 2002 // A new congressional proposal that would create a direct federal role in insurance regulation is being opposed by the Independent Insurance Agents of America (IIAA), according to CEO Robert A. Rusbuldt. House Financial...
AIA Hails N.M.’s Next Step toward Insurance Regulation Modernization
Feb 22 2002 // Legislation supported by the American Insurance Association (AIA) to reduce government regulation of commercial insurance in New Mexico was passed by the state legislature. The measure (SB 256), which passed last week with...
Insurers Applaud NAIC for Joining Fight Against OCC Attempt to Preempt State Regulation
Feb 21 2002 // Insurers praised the recent decision by the National Association of Insurance Commissioners’ (NAIC) Functional Regulation Working Group to file an amicus brief against the Office of Comptroller of the...
NAII Says LaFalce Bill would Prove Burdensome
Feb 20 2002 // NAII Senior Vice President for Government Relations Carl Parks has characterized the Insurance Industry Modernization and Consumer Protection Act introduced by Rep. John LaFalce (D-N.Y.), the ranking Democrat on the House...
Insurers Support NAIC’s Draft on Self-Audit Privilege
Feb 20 2002 // National Association of Insurance Commissioners’ (NAIC) draft language on self-audit legislation will help insurers comply with state laws and regulations without opening their doors to frivolous lawsuits or...
IBA West Urges Delay On Privacy Rules
Feb 18 2002 // The California Department of Insurance (CDI) should delay new regulations until the Legislature decides whether or not to substantially change state privacy laws, IBA West testified recently. At a public hearing in San...
NAMIC Responds to Rep. LaFalce’s Federal Charter Bill
Feb 15 2002 // The National Association of Mutual Insurance Companies (NAMIC) issued a statement in response to legislation introduced by Rep. John LaFalce (D-N.Y.), the ranking Democrat on the House Financial Services Committee. His...
Changes to NAIC’s Record Retention Model Could Require Amendments to Existing State Statutes
Feb 14 2002 // Suggested changes to the National Association of Insurance Commissioners’ (NAIC) Market Conduct Record Retention Model Regulation could require that state legislatures amend existing statutes in order to achieve...
IIAA President Focuses on New Policy Position
Feb 13 2002 // The Independent Insurance Agents of America (IIAA) continues to support state insurance regulation and will be working closely with the National Association of Insurance Commissioners (NAIC) and other allies who support...
