Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Auto Safety Backfires at NASCAR, Says Professor
May 11 2007 // A West Virginia University professor who examined 21 years of NASCAR accident reports and made a comparison to introductions of safety requirements, has concluded that more safety regulations in the popular sport has led...
Delaware Senate Bill Permits Restricted Use of Credit Scores
May 11 2007 // The Delaware Senate this week approved legislation that allows insurance companies to continue using credit-based insurance scores while putting in place additional consumer safeguards. Senate Bill 31 as originally...
Legislation Could Help S.C. Coastal Residents with Insurance
May 10 2007 // Residents on the South Carolina coast could see home insurance costs drop with a bill that received key approval Tuesday in the House. The legislation is part of Insurance Director Scott Richardson’s response to...
Winstead Adds Insurance-Focused Attorneys to Austin Office
May 10 2007 // Texas law firm Winstead PC announced it has added two new attorneys, Jeff Autrey and Keith Hopkinson, in its Business/Transaction Department. Autrey represents insurance and insurance-related clients on regulatory matters...
N.D., Iowa, Minn. Support Model Annuity Suitability Regulation
May 10 2007 // NASD and state regulators from North Dakota, Iowa and Minnesota announced today that they have signed a joint statement supporting a new rule to require that insurance companies and agencies recommend only suitable annuity...
Judge Denies State Farm Motion to Dismiss Miss. Lawsuit
May 9 2007 // A federal judge has denied State Farm Fire and Casualty Co.’s request to dismiss a lawsuit against the insurer because the policyholders received an emergency Small Business Administration loan to help rebuild their...
West Virginia a ‘Test Ground’ of U.S. Chamber’s Anti-Lawsuit Efforts
May 8 2007 // In its ongoing, multimillion-dollar lobbying and advertising campaign decrying “frivolous” lawsuits and “jackpot” jury awards, the U.S. Chamber of Commerce has anointed West Virginia the poster...
La. Statewide Building Code on Chopping Block at Capitol
May 8 2007 // A new statewide building code in Louisiana was one of the most tangible responses by lawmakers to hurricanes Katrina and Rita. But it was done quickly, a knee-jerk reaction that many lawmakers say didn’t involve...
NEIGHBORS SEEK TO DRAIN N.Y. CITY’S WATER RESEVOIRS TO STEM FUTURE FLOODING
May 7 2007 // Ten lawmakers want to drain off some of the reservoirs holding New York City drinking water, claiming lower water levels will help prevent flooding in riverside communities. House lawmakers from Pennsylvania, New Jersey,...
Calif. OAL rules agent-broker relationships case not “precedential”
May 7 2007 // The California Department of Insurance (CDI) has been handed a procedural setback in its effort to crack down on agents charging broker fees. Last week, the California Office of Administrative Law (OAL) determined that...
Insurance industry in Louisiana’s legislative ‘crosshairs’
May 7 2007 // This session will be tough, next one even worse, lobbyist says Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which began April 30, is certain to have plenty of impact on the insurance...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
News Currents
May 7 2007 // Freeing streams of debris could stem flooding in W. Va., other states When streams and rivers throughout West Virginia surged over their banks last week, causing millions of dollars of damage, Garrett Fork in Logan County...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Insider trading plans: A new D&O underwriting concern?
May 7 2007 // For several years, directors and officers underwriters have viewed corporate insiders’ adoption of so-called “Rule 10b5-1 plans” as evidence of good corporate governance and as a positive underwriting...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Neighbors seek to drain N.Y. City’s waterreservoirs to stem future flooding
May 7 2007 // Ten lawmakers want to drain off some of the reservoirs holding New York City drinking water, claiming lower water levels will help prevent flooding in riverside communities. House lawmakers from Pennsylvania, New Jersey,...
Congress should consider ‘guiding principles’ for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Congress should consider ‘guiding principles’ for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Insurance industry in Louisiana’s legislative ‘crosshairs’
May 7 2007 // Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which began April 30, is certain to have plenty of impact on the insurance industry, according to one industry lobbyist. And it’s not...
