Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
R.I. Gov. Carcieri Submits Road Safety Package
Mar 31 2005 // Governor Donald L. Carcieri has submitted a package of legislative proposals that seeks to make Rhode Island’s roadways safer by targeting drunk drivers, aggressive drivers, and drivers who do not wear their safety...
Fla. Bills Propose Standardize Policies, Rating Territories; Might Lower CAT Cap
Mar 28 2005 // Standard insurance policies, standard rating territories and lowering the cap from $4.5 million to $4 million on the amount of insured losses that a company has to sustain before drawing money from the Catastrophe Fund are...
Drunk Driving Legislation Advances in Okla.
Mar 28 2005 // Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses has cleared the House and now awaits action in the...
WCIRB Proposes 10.4 Percent Decrease in Pure Premium Rates
Mar 28 2005 // On March 25, 2005, the WCIRB submitted a filing to the California Insurance Commissioner recommending a 10.4 percent decrease in advisory pure premium rates effective July 1, 2005 on new and renewal policies. The proposed...
Judge Rules W.V. Insurance Commission Must Reveal Sources in Third-Party Bad-Faith Lawsuit Study
Mar 25 2005 // A West Virginia Circuit judge has ruled in Charleston that the West Virginia Insurance Commission must reveal the names of companies and organizations it consulted to complete a study that recommended eliminating...
Fla. Legislators Hammering Out Property Insurance Regulations, Changes
Mar 25 2005 // Major changes in Florida’s property insurance system are being mulled over by Florida lawmakers after the House and Senate have both been wrestling with the topic and have now hammered out changes to tighten up the...
NAMIC Applauds Passage of Ky. Laws to Clean Up Statute Misconceptions
Mar 23 2005 // The National Association of Mutual Insurance Companies has applauded passage of new laws by the Kentucky General Assembly to clean up misconceptions in existing statutes. Prior to adjourning Kentucky lawmakers passed House...
Malpractice Payouts in Pennsylvania Rose in 2004
Mar 23 2005 // Insurance companies and other underwriters in Pennsylvania reported a steep jump last year in payments for malpractice claims against physicians, according to a federal agency. In 2004, insurers reported paying out $448...
Fight Over Credit Ban Moves to Colo. Senate Floor
Mar 22 2005 // Legislation that would prohibit insurers’ use of credit information narrowly advanced out of the Colorado Senate State Affairs Committee Monday on a 4-3 vote and will be opposed by the insurance industry on the...
Lawmakers Endorse New Nursing Home Ergonomic Guidelines
Mar 21 2005 // State lawmakers involved in insurance issues have endorsed proposed federal rules designed to reduce workers’ compensation claims and employee injuries in nursing homes. A resolution supporting ergonomics guidelines...
CPCU Society Looking into IMSA Standards Model for P/C Industry
Mar 21 2005 // Should P/C Industry Response to Ethical Lapses Include a Self-Regulatory Body? The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image...
NCOIL Approves Producer Compensation Disclosure Model Act
Mar 21 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...
AG ASKS JUDGE TO MAKE WILLIS HAND OVER DOCUMENTS
Mar 21 2005 // Minnesota Attorney General Mike Hatch filed a 400-page motion in state court Monday asking a judge to force broker Willis Group to hand over documents related to his investigation of the firm’s contingent commission...
Asbestos Litigation: Manufacturing’s Silent Killer
Mar 21 2005 // If you still had doubts about the need for lawmakers to pass serious legal reform, you should have been convinced by the hurried filing of 85 questionable class action lawsuits in just two neighboring Illinois counties in...
Workers’ Comp Varies Widely; Reforms Slow to Enact, Enforce
Mar 21 2005 // Employer responsibility for the expense of accidents and in some cases occupational illnesses, varies from state to state. Em-ployers must provide reasonable information, rules, supervision, training and safety. The word...
COURT RULES IN GARAMENDI’S FAVOR REGARDING STATE FUND:
Mar 21 2005 // A Sacramento County court ruled that California’s quasi-public State Compensation Insurance Fund cannot require businesses to have separate workers’ compensation insurance policies for employee leasing...
UNINSURED DRIVER LEGISLATION FILED
Mar 21 2005 // Texas State Rep. Bill Callegari, Katy, filed House Bill 2573 to establish a motor vehicle financial responsibility program in Texas. According the House Media Services Division, HB 2573 is similar to a measure that passed...
CALIF. JUDGE TOSSES OUT LAWSUIT INVOLVING ACE COMPANIES:
Mar 21 2005 // The ACE Group of Companies announced that California Superior Court Judge James Warren has entered judgment in favor of several ACE companies in a lawsuit brought against Insurance Company of North America, INA Financial...
Legislation Aimed at Protecting Okla. Homeowners Clears State Senate
Mar 18 2005 // A measure to ensure that Oklahoma homeowners do not receive a cancellation notice of their insurance after filing a claim and a bill to enable consumers to get defects with their newly built home repaired swiftly have...
AIIA Conferees Honor Rep. Mike Hill; Attend BBQ at State Legislature
Mar 18 2005 // State Representative Mike Hill, R-Shelby County, was honored by the Alabama Independent Insurance Agents on March 17th as AIIA’s “Lawmaker of the Year” in an award presentation in Montgomery, Ala. to kick...
