Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Judge Adds to Verdict in Trial of Pair of Chicago Companies
Oct 22 2001 // A judge has added $1.8 million in punitive damages to a $3 million jury verdict in the fraud trial of two Chicago area insurance companies accused of dragging their feet in paying out claims. According to a report in the...
Commercial Insurance Modernization Law in Effect in Missouri
Oct 19 2001 // A new law modernizing regulation of commercial insurance, now in effect in Missouri, will stimulate competition by eliminating unnecessary bureaucracy. The new law, enacted as Senate Bill 186, specifies that all commercial...
NAII Comments on Veto of Calif. Workers’ Comp Bill, Other Enacted Legislation
Oct 18 2001 // The National Association of Independent Insurers (NAII) expressed satisfaction that for the third time in as many years, California Gov. Gray Davis vetoed a workers’ compensation reform bill that failed to adequately...
Airline Has Limited Liability for Lost Jewelry, SF Court Rules
Oct 15 2001 // After security workers at San Jose International Airport allegedly lost a carry-on bag containing more than $100,000 in jewelry, the bag’s owner attempted to sue for damages. However, a split panel of the 9th U.S....
Preparing for the Unthinkable
Oct 15 2001 // Although another terrorist attack is a concept too awful to imagine, as an industry, our job is to protect against the unthinkable. That’s why insurers and reinsurers alike are lining up to support the creation of a...
NAII Founders Wanted Voice in Creating Public Policy
Oct 8 2001 // Carrying on with business after the tragic terrorist attacks on Sept. 11, the National Association of Independent Insurers (NAII) will hold its 56th annual meeting in New Orleans Nov. 4-7 as scheduled. Speakers at the...
Lloyd’s Estimates U.S. Disaster Losses at$1.91 Billion
Oct 8 2001 // Lloyd’s of London, the world’s oldest and most visible insurer, finally released its projected loss figures from the disastrous events of Sept. 11. According to the calculations from over 100 syndicates, net...
NAMIC Objects to CFA’s Model for Insurance Regulation
Oct 5 2001 // The National Association of Mutual Insurance Companies (NAMIC) registered strong opposition to a draft proposal by the Consumer Federation of America (CFA) that would severely limit the authority of state...
IIAA Endorses Goodlatte Anti-Spam Bill
Oct 3 2001 // An e-mail anti-spam bill offered by Rep. Bob Goodlatte (R-Va.) strikes a positive balance between protecting consumers from an unwanted avalanche of commercial e-mails while still permitting small businesses to use online...
Houton Joins IIAA Government Affairs Operation
Oct 2 2001 // Robert K. Houton is the newest member of the Independent Insurance Agents of America’s government affairs operation, having joined the staff as a lobbyist and grassroots specialist. As IIAA’s new Washington...
IBA West Outlines 2001 California Legislative Successes
Oct 2 2001 // The end of the 2001 legislative session brought a number of legislative successes for independent agents and insurance brokers, including the passage of a bill designed to make technical corrections to last year’s...
NAPSLO Retrospective: A Visit With Outgoing President John Latham
Sep 30 2001 // John Latham will step aside as National Association of Professional Surplus Lines Offices (NAPSLO) president later this month making room for Tap Johnson, Jr. Before his exit, he agreed to spend a few minutes with...
2,200 Attendees Expected at NAPSLO Convention, Pulitzer Prize-Winning Historian to Keynote 27th Annu
Sep 30 2001 // Tapley O. Johnson, Jr., incoming president of the National Association of Professional Surplus Lines Offices (NAPSLO) and chairman of the annual convention, expects some 2,200 attendees at the 27th Annual Convention in San...
Incoming NAPSLO President Focuses on Regulatory Issues, Technology
Sep 30 2001 // When John Latham steps down as president of the National Association of Professional Surplus Lines Offices (NAPSLO) in San Antonio later this month, Tapley O. Johnson, Jr., will take on the office as incoming president and...
Mileage-Based Auto Insurance’
Sep 30 2001 // Rule makers over at TDI are huddling these days trying to decide how best to promul-gate regulations for the pending implementation of private passenger auto insurance by-the- mile for Texas drivers. The measure was born...
Ohio Director Reminds of New Licensing Requirements
Sep 27 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...
NAII: Auto Rating Discount Proposal Would Penalize Calif. Drivers
Sep 27 2001 // A proposed regulation that would allow only those drivers who renew coverage with their current insurer to receive discounts would stifle competition and unfairly penalize thousands of responsible motorists in the...
Calif. Session Ends with Defeat of Privacy Bill, Fate of Unbalanced Workers’ Comp Bill Unknown
Sep 25 2001 // The 2001 California Legislature delivered favorable results to the insurance industry by defeating unreasonable privacy mandates, lifting restrictions on anti-fraud efforts, and approving the collection of more funds from...
Ohio Director Reminds Agents of New Licensing Requirements
Sep 25 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...
Mold Legislation Reaches Calif. Governor’s Desk
Sep 17 2001 // A California toxic mold bill reached Gov. Gray Davis’ desk on the evening of Sept. 13. The bill, SB 732, would enact the Toxic Mold Protection Act of 2001. It charges the California Department of Health Services with...
