Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
N.Y. Regulator Balked at Spitzer Deal Ending AIG Contingent Pay
Feb 15 2006 // Producers should no longer expect contingent commissions from American International Group, according to the recent settlement with New York Attorney General Spitzer and what the company says is its own global policy...
Kansas Agent’s Probation Revoked, Judge Reinstates Prison Sentence
Feb 14 2006 // Wichita resident Jeffrey Lopez, a former insurance agent, convicted of two felonies in 2001, had his probation revoked and was ordered to serve a prison sentence. Kansas Securities Commissioner Chris Briggs says that Lopez...
Okla. Lawmaker Says Fisher Conviction Shows Need for Ethics Reform
Feb 14 2006 // Former Insurance Commissioner Carroll Fisher’s conviction on campaign-related charges of embezzlement and perjury demonstrate the necessity of stronger ethics laws in Oklahoma, according to State Rep. Ryan McMullen...
PIA of Fla.: Lawmakers ‘Mulling Over’ Filings; Bill to Require ‘Loyalty Clause’
Feb 13 2006 // A “loyalty clause” prohibiting insurers from canceling a policy for homeowners who have been with a carrier for three or more years is part of a bill filed in the Florida Legislature by Sen. Ron Klein, D-Boca...
Colo. Wants to Form Consumer Insurance Board
Feb 13 2006 // The Colorado House has introduced a bill that would create a Consumer Insurance Board to provide policy guidance to the Commissioner of Insurance, gather and prepare information for hearings regarding proposed insurance...
Spouses of Deceased Workers to Receive Retroactive Benefits
Feb 13 2006 // According to the Workplace Health, Safety & Compensation Commission of New Foundland and Labrador (Canada), 58 women whose husbands were fatally injured before the Charter of Rights and Freedoms’ equality rights...
Colo. Medical Payment Bill Goes Down to Defeat
Feb 13 2006 // Legislation to force Colorado consumers to buy medical payment coverage was narrowly defeated Monday on the Colorado House floor. House Bill 1036, killed by a one-vote margin, would have required insurers to provide $5,000...
Judge: La. Homeowners Can Opt Out of Suit Against Murphy Oil
Feb 10 2006 // Terms of a class-action lawsuit against Murphy Oil USA does not prevent Louisiana homeowners from leaving the suit and settling their own claims stemming from the refinery’s oil spill after Hurricane Katrina, a judge...
Okla. House Committee Votes to Protect Agriculture from Frivolous Lawsuits
Feb 10 2006 // If you overeat and gain weight, you’ll have to rely on diet and exercise – not a lawsuit – to solve the problem under legislation approved by an Oklahoma House of Representatives committee. House Bill...
GE Insurance Solutions: Legal Reform Momentum Continues
Feb 10 2006 // Victories and defeats in the courtroom can impact the nation’s economy, with potential consequences for decades to come. GE Insurance Solutions has been tracking and shaping efforts to level the litigation playing...
Ohio Governor Outlines Proposals on Contracting and Lobbying Reforms
Feb 10 2006 // Ohio Gov. Bob Taft proposed reforms this week with the goal of ensuring greater transparency and fairness in state contracting and executive branch lobbying. Taft described the specifics of his proposal in a memo to...
Indiana General Assembly Considers Key Insurance Proposals
Feb 9 2006 // The Indiana General Assembly begins the second half of its 2006 session considering important insurance bills, according to the National Association of Mutual Insurance Companies. “Key bills correcting an error in...
Okla. Lawmaker Challenges Colleagues to be Examples of Healthy Living
Feb 9 2006 // As cancer and heart disease continue to be the two leading causes of death in Oklahoma, State Rep. Joe Dorman is urging legislators to set an example for living healthier lives. Dorman plans on teaming up with the Oklahoma...
Colorado Defeats Legislation to Change Claims Practices for Liability Coverage
Feb 9 2006 // The Colorado House Business Affairs and Labor Committee has unanimously rejected an attempt to convert auto liability coverage into a quasi no-fault coverage for health care providers. The Property Casualty Insurers...
Miss. Passage of Primary Enforcement Seat Belt Statute Cheered
Feb 8 2006 // Wayne Moore, M.D., chief of emergency medicine at Meharry Medical College in Nashville and Medical Director for Bio-terrorism Preparation and Response at the Tennessee Department of Health, applauded the signing of...
Insurers Urge Senate to Oppose Asbestos Trust Fund Bill
Feb 8 2006 // Property Casualty Insurers Association of America (PCI), an industry organization comprised of more than 1,000 insurance companies, says it opposes S. 852, the Fairness in Asbestos Injury Resolution (FAIR) Act, calling the...
Florida Insurers Discuss Top Issues with Legislators
Feb 8 2006 // In preparation of next month’s Florida legislative session, the Property Casualty Insurers Association of America hosted its first annual Legislative Conference, which brought insurance industry executives to...
PCI Backs Miss. Legislation to Educate Consumers about Flood Coverage
Feb 8 2006 // The Property Casualty Insurers Association of America is urging the Mississippi House to support legislation (SB 2014) that will help clarify for consumers that coverage for flood damage is excluded from homeowners...
Fla. CFO Wants to Expedite Payments for Living Expenses, Personal Contents
Feb 7 2006 // New legislation that would expedite the rebuilding process for hurricane victims will be suggested to the Florida Legislature by Tom Gallagher, the state’s CFO. The measure would ensure homeowners immediately receive...
R.I.’s Beacon Mutual Under Scrutiny As It Tries to Relax Regulation
Feb 7 2006 // Rhode Island’s dominant workers’ compensation carrier is facing an overdue audit and a probe into a whistle blower’s allegations as the state-created firm seeks to loosen the regulations governing...
