Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
ACIC OPPOSES SMALL CLAIMS COURT LEGISLATION:
Jul 4 2005 // The Association of California Insurance Companies is opposing Small Claims Court legislation that would hurt consumers by reducing the ability of insurers to represent their policyholders in court. Jeff Fuller,...
Who’s Afraid of a Little Competition?
Jul 4 2005 // Ah, the traditional signs of summer-salt air, suntan lotion and that pungent smell without which no vacation trip is complete-the fumes of expensive gasoline. Although skyrocketing gas prices consume much of the...
Agent Leader Hits Hodgepodge of Disclosure Rules by Insurers
Jul 4 2005 // While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves...
News Briefs
Jul 4 2005 // MASSACHUSETTS Romney Would Require Insurance: Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage, which he has dubbed the Safety Net Care...
Romney Auto Reforms Hit Roadblocks from Mass. Agents and Court
Jul 4 2005 // When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at one point...
Minnesota’s No-Fault Law to Blame for High Auto Rates
Jul 4 2005 // If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has...
Missouri Lays Down the Law
Jul 4 2005 // After years of clamoring for relief from expanding workers’ compensation claims, payouts and premiums, Missouri employers are heralding legislative changes that may signal a growing trend by business to curtail...
People
Jul 4 2005 // Columbus, Ohio-based Grange Insurance has promoted Alan D. Brannan to the new post of president of property/casualty for the Grange Mutual Casualty Group. In his new role, Brannan will oversee all property/casualty...
For Mutuals, SOX Rules Don’t Fit
Jul 4 2005 // Crucial differences between public and mutual insurers cause the National Association of Mutual Insurance Companies to oppose the National Association of Insurance Commissioners’ proposal to embed in state insurance...
AIA Seeks to Improve N.C. Security Breach Legislation
Jul 4 2005 // Well-intentioned legislation aimed at fighting broad-based identity theft needs several changes before it can work effectively for property/casualty insurance policyholders, according to Raymond G. Farmer, Ameri-can...
News Briefs
Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...
Who’s Afraid of a Little Competition?
Jul 4 2005 // Ah, the traditional signs of summer-salt air, suntan lotion and that pungent smell without which no vacation trip is complete-the fumes of expensive gasoline. Although skyrocketing gas prices consume much of the...
News Briefs
Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...
Industry Fears ‘Serious Impact’ on Auto Market of N.J. Court Ruling
Jul 4 2005 // A New Jersey Supreme Court decision handed down last month that eliminates a “serious life impact” test under the auto insurance verbal threshold will dramatically increase automobile insurance losses and rates...
Minnesota’s No-Fault Law to Blame for High Auto Rates
Jul 4 2005 // If our product must be purchased, it should be affordable or bad things can happen in the public affairs arena. We’re finding that to be the case in Minnesota. Minnesota is one of the few remaining states that has...
IIABA Leader Fears Hodgepodge of Fee Disclosure Rules by Insurers
Jul 4 2005 // While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves...
Final U.S. Report on R.I. Nightclub Fire Urges Sprinklers, National Fire Code
Jul 1 2005 // The U.S. Commerce Department’s National Institute of Standards and Technology today urged all state and local governments to adopt and aggressively enforce national model building and fire safety codes for...
NAMIC Praises La. Lawmakers for Adjustments to Residual Market Rating Formulas
Jun 30 2005 // Louisiana lawmakers should be commended for adjustments they have made in the rating formulas used to calculate rates for the state’s residual markets, according to an official of the National Association of Mutual...
Calif. Workers’ Comp Rate Regulation Bill Fails Passage
Jun 30 2005 // The California Assembly Insurance Committee said June 29 now is not the time for rate regulation and it was too early to judge the impact of the historic workers’ compensation reforms (SB 899) on rates, reported the...
Wis. Assembly Passes Bill to Pin Insurers With $500 Million Fox River Cleanup Tab
Jun 29 2005 // A coalition of carriers that insured Wisconsin’s paper manufacturers thought they had successfully defeated a legislative effort to force them to pick up the estimated $500 million tab to clean up the polluted Fox...
