Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
News Currents
Sep 4 2006 // Bill introduced to allow DOI to oversee California State Fund California Gov. Arnold Schwarzenegger and Insurance Commissioner John Garamendi have jointly submitted legislation, inserted into Assembly Bill 2125, to...
Guy Carpenter report examines impact and risks of nanotechnology
Sep 4 2006 // Guy Carpenter & Company, the risk and reinsurance specialist of Marsh & McLennan Companies, released a new study that provides an overview of the emerging science of nanotechnology, its potential benefits for the...
N.Y. speeds up benefits to 9/11 rescue workers
Sep 4 2006 // New York State has adopted a trio of laws designed to speed workers’ compensation benefits for workers and their families with claims related to 9/11 rescue efforts. The first new law enables many workers who became...
Michigan shows judicial restraint with asbestos decision
Sep 4 2006 // Courts and legislatures around the country are taking a serious look at the problems created by the consolidation of mass tort cases, like the asbestos and silica litigation. The Michigan Supreme Court provided the latest...
Chubb, State Farm reducing auto rates in California
Sep 4 2006 // State Farm Insurance, California’s largest auto insurer, has applied for an 8 percent average reduction for its policyholders while simultaneously implementing new auto rate regulations, according to the Department...
Michigan Supreme Court shows judicial restraint with asbestos decision
Sep 4 2006 // Courts and legislatures around the country are taking a serious look at the problems created by the consolidation of mass tort cases, such as asbestos and silica litigation. The Michigan Supreme Court provided the latest...
Bill introduced to allow DOI to oversee California State Fund
Sep 4 2006 // California Gov. Arnold Schwarzenegger and Insurance Commissioner John Garamendi have jointly submitted legislation, inserted into Assembly Bill 2125, to establish oversight responsibility and regulatory authority for the...
Associations oppose eliminating contingent commissions
Sep 4 2006 // The attorneys general of New York, Connecticut and Illinois are continuing their fight against anti-competitive practices in the insurance industry. In doing so, they have been finding fault with contingent commissions...
California Land and Title Association Encourages Commissioner to Withdraw Regulations
Sep 1 2006 // The California Land and Title Association is urging the Department of Insurance (DOI) to withdraw a proposal for new government regulations that it says would devastate small title companies at a time when the cyclical...
Judge Orders New Trial on $50 Million Award in Vioxx Case
Aug 31 2006 // The $50 million (euro39 million) compensatory damage award in a federal Vioxx case this month was “grossly excessive,” and a new trial must be held to decide damages for a retired FBI agent who suffered a heart...
N.J. Lawmaker Reimburses Insurer for Gifts from Lobbyist
Aug 31 2006 // The head of the New Jersey Democratic Party has repaid Prudential Insurance Co. more than $1,200 for golf tickets and other gifts he received from a former lobbyist who was later accused of stalking him. Assemblyman Joseph...
Conn. Lobbyists Fight Campaign Gift Ban
Aug 31 2006 // Lobbyists at the state Capitol in Hartford are challenging Connecticut’s new campaign finance reform law in federal court, saying rules banning them from making campaign contributions are...
Mo. Department Reorganization Combines Three Divisions
Aug 30 2006 // Missouri Insurance Director Dale Finke this week unveiled the new Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP). According to the statement, the new department stems from the...
Ill. Consumers File Fewer Complaints Against Insurers in 2005
Aug 30 2006 // Illinois consumers filed fewer complaints regarding their insurance companies and HMOs in 2005, according to consumer complaint statistics released recently by the Illinois Department of Financial and Professional...
Ill. Fundraiser Gets $900,000 No-bid State Contract as Special Examiner
Aug 30 2006 // A prominent Democratic fundraiser for Gov. Rod Blagojevich was awarded a $900,000 no-bid state contract months after being cut from an investment proposal that has drawn scrutiny from federal investigators, according to a...
Hiscox Launches New D&O Policy
Aug 29 2006 // The U.K.’s Hiscox Insurance Co. has launched of a new management liability policy developed to cover the liabilities of U.K. companies, their directors and employees. Hiscox said it had revamped the coverage...
Mo. Judge Allows Sponsor of Law into Voter ID Case
Aug 29 2006 // The legislator who handled the new law requiring voters to show a photo ID at the polls was allowed to step into the court battle Monday. Missouri’s Cole County Circuit Judge Richard Callahan permitted Sen. Delbert...
Texas Agent Group Urges Lawmakers to Address Windstorm Problems
Aug 29 2006 // At its Board of Directors meeting in Austin on Aug. 25 and 26, the Texas Insurance Professionals (PIA Texas) discussed the current situation facing the Texas insurance market as it relates to the Texas Windstorm Insurance...
California Lawmakers Enter Final Days of 2005-06 Session
Aug 28 2006 // California lawmakers on Monday will begin the final days of the 2005-2006 legislative session, which ends midnight Aug. 31. The following, by Sam Sorich, president of the Association of California Insurance Companies, is a...
Latin American Agents Will Wait and See How Auto Regs Affect Customers
Aug 28 2006 // The Latin American Agents Association said it will wait and see how insurers react to newly imposed automobile rating regulations in California. After the Superior Court denial, and Appeals Court rejection of the insurer...
