Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
National Group Says Iowa Legislature Ends on Mixed Note for Insurers
Apr 29 2008 // The 2008 Iowa legislative session ended with mixed results for the insurance industry, according to the American Insurance Association (AIA). “Iowa’s Legislature was highly active on insurance issues this year...
Florida Regulator Holds Public Hearing on New Reinsurance Rules
Apr 29 2008 // The Florida Office of Insurance Regulation held a public hearing to ask for input on a draft rule that would implement 2007 legislation giving the insurance commissioner discretion to allow unaccredited reinsurance...
Nevada Insurance Regulator to Retire
Apr 28 2008 // Nevada Insurance Commissioner Alice Molasky-Arman is stepping down after a long regulatory career that included approval in 2007 of a $2.6 billion deal involving Nevada’s largest health insurer — a deal that...
Court Upholds Florida Lobby Law
Apr 25 2008 // A Florida law that bans lobbyist gifts to state legislators and requires that lobbyists disclose who pays them and how much, is not unconstitutionally vague or overbroad, a federal appeals court said. A three-judge panel...
Consumer Group Criticizes California’s Rate Approval Regulations
Apr 24 2008 // A consumer advocacy group is condeming California Insurance Commissioner Steve Poizner’s action in issuing emergency regulations governing the state’s prior approval insurance rate system. According to The...
Vermont Considers Special Car Locks for Repeat Drunk Drivers
Apr 23 2008 // The chairman of the House Judiciary Committee says he wants Vermont to study special ignition locks for repeat drunken drivers that would require a clean breath test before allowing a car to be started. “My intention...
Judge in Mississippi Rejects Fraud Claim against State Farm in Katrina Suit
Apr 23 2008 // A federal judge on Monday dismissed claims of fraud in a key Hurricane Katrina lawsuit that accused State Farm Fire & Casualty Co. of using different engineering reports to deny a Mississippi couple’s insurance...
California Aims To Improve Insurance Rate Approval Process
Apr 22 2008 // California Insurance Commissioner Steve Poizner has issued emergency regulations to clarify and streamline the prior approval rate system. The regulations are designed to make the rate filing process more efficient,...
Insurance Sector Ranks Second in Federal Political Giving
Apr 21 2008 // The nation’s lobbyists spent $17 million for every day that Congress was in session, watchdog group says Corporations, industries, labor unions, governments and other interests spent a record $2.79 billion in 2007 to...
Tennessee Nixes Emergency Service Fees
Apr 21 2008 // Tennessee has a new law that stops cities from imposing fees for the cost of responding to motor vehicle accidents. The measure (HB 2547) was passed by the Tennessee General Assembly and became effective with Gov. Phil...
Federal Charter: A Future ‘Insurance Subprime’ Debacle?
Apr 21 2008 // The banking and securities industry is facing worldwide subprime mortgage-related losses which knowledgeable sources – including the International Monetary Fund — now suggest could top $1 trillion, according to...
Federal Charter: A Future ‘Insurance Subprime’ Debacle?
Apr 21 2008 // The banking and securities industry is facing worldwide subprime mortgage-related losses, which knowledgeable sources – including the International Monetary Fund — now suggest could top $1 trillion, according to...
Insurers: Colorado Bill Threatens Auto Insurance Savings
Apr 21 2008 // The Colorado Legislature is considering a bill that the Property Casualty Insurers Association of America claims would add bureaucratic red tape and costs to the state’s automobile insurance system. House Bill 1389,...
State v. Federal Fight Heats Up
Apr 21 2008 // In the face of growing economic turmoil, the Bush administration is calling for an overhaul of the system regulating the nation’s financial services industries — including insurance. The reform proposal announced...
World’s Weather as a Deranged Pinball Machine?
Apr 21 2008 // The 10th edition of the European Insurance Forum (EIF), held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management Association (DIMA) April 7-8, focused on some major issues of...
White Papers and Blueprints: Agents Chart Their Own Regulatory Future
Apr 21 2008 // Independent agents hold onto market share, prepare for post-November election politics Insurance Journal‘s Editor-in-Chief Andrea Wells interviewed Robert Rusbuldt, CEO and president of the Independent Insurance...
Rep. Kanjorski: Feds Must Learn About Insurance Before Regulating It
Apr 18 2008 // A key Congressman involved in insurance regulation issues says that Washington does not have the knowledge of the insurance industry it needs to regulate the business and he has proposed a new federal insurance information...
Auto Exempted from Colorado Fair Accountable Insurance Rates Act
Apr 18 2008 // After more than five hours of testimony and deliberation on Colorado House Bill 1389, the House Business Affairs and Labor Committee has amended a controversial bill that insurance associations said would have imposed a...
California Judge Approves Ford Explorer Settlement
Apr 17 2008 // A California judge on Tuesday approved the settlement of a class-action lawsuit that will compensate about 800,000 Ford Explorer owners whose vehicles lost value because of a perceived rollover danger. The settlement ends...
Maryland Judge Rules Blogger Not Protected by News Shield Law
Apr 17 2008 // A Worcester County, Maryland judge has ruled that a Salisbury area Web blog publisher is not protected by a state law shielding news reporters from defamation lawsuits. The ruling means blogger Joseph Albero must explain...
