Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Conn. AG seeks to block shutter requirement
Jan 28 2007 // Connecticut Attorney General Richard Blumenthal has submitted draft legislation to the General Assembly that would prohibit insurers from requiring that consumers install hurricane shutters as a condition of insurance. The...
8 N.Y.’s Interboro Mutual’s back in
Jan 28 2007 // Long Island insurer reborn as stock insurer 8 Delaware agents groups to merge Group will be both Big ‘I’ and PIA 8 Mass. Diocese gives files to insurers Insurers may review handling of abuse cases 10 Royal...
How Democratic Congress might approach federal insurance regulation
Jan 28 2007 // News Currents The Professional Liability Underwriting Society (PLUS) held its international conference in Chicago in late 2006. Moderating the panel was television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS...
News Currents
Jan 28 2007 // R.I. lawmakers study ways to assist coastal homeowners A group of Rhode Island legislators examining insurance companies’ recent changes to homeowners’ policies for coastal areas met recently at the University...
Kentucky judge permits Christians-only health plan to continue
Jan 28 2007 // A Christians-only health plan that serves nearly 20,000 churchgoers nationwide can continue operating in Kentucky, a judge ruled recenntly. Franklin County Circuit Judge Thomas D. Wingate said the Medi-Share program...
There’s lot insurers do not like in Florida’s property insurance fix
Jan 28 2007 // Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and...
Windstorm expected to be major insurance issue for Texas lawmakers
Jan 28 2007 // Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile...
It Figures
Jan 28 2007 // $445 Billion Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff...
Enron’s legacies and directors and officers risk
Jan 28 2007 // Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron...
Federal Judge Puts Part of State Farm Katrina Settlement on Hold
Jan 27 2007 // The federal judge who must sign off on a proposed $50 million class action settlement involving State Farm’s handling of Hurricane Katrina claims has said he needs lots more information before agreeing to the deal...
W. Va. Judge Dismisses 400 Flood Claims Against Coal Firms
Jan 26 2007 // A circuit judge has dismissed the claims of about 400 victims of a devastating flood in southern West Virginia in 2001. Ohio County Circuit Judge Arthur M. Recht said in last week’s ruling that the plaintiffs who...
AAMGA Leaders Conclude ‘Fact-Finding’ London Trip
Jan 26 2007 // Insurance may be local, but it doesn’t have to be handled exclusively in the state, or even the country, where it’s needed. For the surplus lines market that means Lloyd’s, which explains the annual visit...
Marsh Granted First ‘Wholly-Owned’ License in China
Jan 26 2007 // Marsh announced it has been awarded China’s first ever Wholly-Owned Foreign Enterprise (WOFE) insurance broking license. The bulletin said the “new license provisions, subject to tax and regulatory approvals,...
Regulators Name 2007 Key Committee Chairs
Jan 26 2007 // The National Association of Insurance Commissioners (NAIC) today named its 2007 Committee chairs and vice chairs. The NAIC officers, most immediate past president and zone representatives met earlier this month to make...
Florida Insurance Vote Reflects Political Shift Against Insurers’ Wishes
Jan 25 2007 // The difference in how the state Legislature approached Florida’s insurance problems this year compared to last year are like the differences between night and day, hot and cold, black and white, and Jeb Bush and...
Previously-Rejected Cell Phone Ban on Redial in Maryland Legislature
Jan 25 2007 // A cell phone ban for Maryland drivers has been considered — and rejected — many times by state lawmakers. However, two new plans before lawmakers have some asking if this is the year Maryland will join Washington, D.C....
Fla. Gov. Crist Signs Property Insurance Bill
Jan 25 2007 // Three days after a Florida special legislative session on insurance rates for homeowners, Gov. Charlie Crist signed legislation that promises to provide insurance reform, including rate reductions and an expansion of...
N.Y. Assemblyman Grannis in Line to Be State Environmental Commissioner
Jan 25 2007 // New York Governor Eliot Spitzer has nominated long-time insurance legislative leader Alexander B. “Pete” Grannis to serve as Commissioner of the Department of Environmental Conservation. Grannis was first...
Only 2 Fla. Lawmakers to Oppose Insurance Bill Out as Chairmen
Jan 25 2007 // The only Florida lawmakers to vote against a massive proposal to lower property insurance rates in Florida have relinquished chairmanships of two House committees. Reps. Don Brown of DeFuniak Springs and Dennis Ross of...
Fla. Insurance Bill On Gov. Crist’s Desk Comes with Risks
Jan 24 2007 // The Florida Legislature on Monday overwhelmingly passed a bill members hope will lower Floridians’ skyrocketing property insurance rates and sent the measure to Gov. Charlie Crist, who has demanded meaningful relief...
