Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Former NAIC Pres. Atchinson to Head Geneva Ass’n. Institutional Relations
Mar 25 2011 // The Geneva Association, an important international insurance think tank, announced that Brian Atchinson has been appointed as Acting Head of Institutional Relations. He is a former President of the National Association of...
Lawsuit Reform Measures Advance in Oklahoma House, Senate
Mar 24 2011 // Oklahoma state lawmakers seem to be serious about reforming the state’s tort environment. Legislation aimed at eliminating joint and several liability, requiring that juries be provided with information on the tax...
Florida Homeowners Insurers Seek ‘Flex-Rating’ Up to 15%
Mar 24 2011 // Florida lawmakers are considering giving homeowners insurers more flexibility to raise rates. The Florida Senate and Banking Insurance Committee recently approved a bill that would give homeowners insurers some latitude,...
UK Insurers Support Corporate Tax Reduction; Budget for Growth
Mar 24 2011 // The UK government’s recently proposed budget contain a number of measures aimed at helping UK firms to increase their business, and to make them more competitive. As the UK’s insurance industry is one of the...
Michigan Nixes Strict Workplace Ergonomics Rule
Mar 23 2011 // Michigan Gov. Rick Snyder has signed a bill to prevent state-level administrative rules mandating workplace ergonomics. Ergonomics aims to limit injuries caused by lifting, repetitive motion and awkward work positions. The...
Ohio Governor Signs Surplus Lines Insurance Legislation
Mar 23 2011 // Ohio Gov. John R. Kasich has signed legislation continuing Ohio’s involvement in the surplus lines insurance market, the governor’s office announced. House Bill 122 permits the director of the Ohio Department...
Commentary: Pending State Legislation to Implement NRRA is Fly in the Ointment
Mar 23 2011 // Pending state legislative proposals, such as California’s AB 315, that would implement the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) are akin to the fly in the ointment. The NRRA becomes effective on July...
New York Ex-Lawmaker Gets Prison in Insurance Fraud Case
Mar 23 2011 // A former New York lawmaker will spend at least four years in prison following his conviction in a Hamptons insurance fraud case. George Guldi was sentenced in Suffolk County Court in Riverhead to three to nine years for...
Colorado Bill Restricting Homeowners Insurance Cancellations Defeated
Mar 23 2011 // The Colorado House Economic and Business Development Committee has voted 9-4 to defeat a bill that homeowner’s insurance carriers say would have restricted their underwriting freedoms and their ability to provide...
Pennsylvania Ponders Workers’ Comp for Small Business Owners
Mar 23 2011 // Agents in Pennsylvania will urge lawmakers today to pass legislation that would allow insurers to cover owners or partners of small businesses through a workers’ compensation policy. The legislation changes insurance...
Florida Lawmakers Take Two-Pronged Approach to Insurance Reform
Mar 23 2011 // Tort reform and fraud have become the two big targets as Florida lawmakers are finally gearing up to tackle the state’s no-fault auto insurance law. Taking a divide and conquer approach, the House Insurance and...
Lawsuit: Failing Missouri Schools Should Pay for Transfers
Mar 22 2011 // Missouri lawmakers are trying to prevent an influx of students transferring out of failing schools after the state Supreme Court partially sided with a group of St. Louis parents suing to force unaccredited districts to...
Vermont Lawmakers Ask for Study on Medical Malpractice
Mar 22 2011 // Vermont lawmakers may ask the Shumlin administration to produce recommendations for reforming the medical malpractice system in the state with an eye to lowering health care costs. In debates over health care reform both...
Maryland Weighs Prohibition on Insurers’ Use of Credit Scores
Mar 22 2011 // Maryland lawmakers are weighing whether to prohibit insurers from using credit scores to rate auto policies — a move insurers say is a bad idea. The economic matters committee of the House of Delegates recently held an...
BIBA Calls for Realistic Regulation of UK Brokers
Mar 22 2011 // The British Insurance Brokers’ Association (BIBA) released the key findings of its Future of Regulation research on Monday March 21 at a Parliamentary Reception in the House of Commons, to an audience of MPs, civil...
Texas Lawmakers Roll Out Plans to Reform Wind Pool
Mar 21 2011 // Two lawmakers have introduced separate but similar bills aimed at reforming the troubled state-backed wind risk insurer for property along the Texas coast. At a packed hearing on Mar. 15, Texas House of Representaives...
Missouri Conservatives Back Health Insurance Exchanges
Mar 21 2011 // Nearly one year after a federal law overhauling the nation’s health care system was enacted, Missouri lawmakers have taken a small step toward implementing some of its provisions by creating a health insurance...
Former New York Lawmaker Faces Prison for Insurance Fraud
Mar 21 2011 // A former Long Island lawmaker faces up to 15 years in prison when he is sentenced today in a Hamptons fraud case. George Guldi was convicted last month of grand larceny and insurance fraud involving the reconstruction of...
Hot Programs and Products
Mar 21 2011 // Here’s what some insurers and brokers have been up to recently, inventing and tweaking key programs and coverages. Liability: Professional, E&O, D&O, EPLI CNA launched Epack Extra, an enhanced version of...
U.S. Nuclear Plants to Undergo Safety Reviews
Mar 21 2011 // The Nuclear Regulatory Commission will conduct a “comprehensive review” of the safety of all U.S. nuclear plants following what U.S. officials are calling the dangerous and complicated situation at...
