Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Japan Using New Marine Insurance Law to Apply Pressure on North Korea
Mar 3 2005 // North Korean ships seeking to enter Japanese ports faced a new hurdle this week as a law took effect requiring large vessels visiting the country to have insurance against oil spills and other accidents. Japanese lawmakers...
Jardine Lloyd Thompson Secures Lloyds of London Ins Protection to Financial & Healthcare Sectors as Identity Theft Grows
Mar 3 2005 // London: JLT Risk Solutions Ltd and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc (JLT.LN) said today insurance capacity has been secured within the Lloyd’s of London market to provide new...
Poe Financial Group Gets Regulatory Approval to ‘Depopulate’ More than 5,000 Citizens Policies
Mar 2 2005 // Poe Financial Group member company Atlantic Preferred Insurance Company has received regulatory approval to assume 5,258 property and casualty policies from Citizens Property Insurance Corp. under its depopulation...
N.Y. Bill Seeks Fiduciary Duty on Producers, Permits Profit Sharing with Disclosure
Mar 2 2005 // Assemblyman Ryan Scott Karben (D/I-Rockland), a majority member of the New York State Assembly’s Insurance Committee, has introduced a legislative package on agent and broker compensation that would require...
Texas Lawmaker Files Bill in Response to ChoicePoint Security Breach
Mar 2 2005 // The Texas House of Representatives reported that on the heels of the revelation of a major security breach at data broker ChoicePoint, State Rep. Eddie Rodriguez, Austin, has introduced a measure to give Texas consumers...
Nonprofits’ Panel Urges Enhanced Oversight of Charities, Increased Transparency
Mar 2 2005 // The Panel on the Nonprofit Sector, a Washington, D.C- comprised of nonprofit organizations across America, has proposed to the U.S. Senate Finance Committee a series of recommendations to open up the financial operations...
Utah Court Rules in Favor of Workers Comp Fund
Mar 2 2005 // On Feb. 2, 2005, Utah Third District Judge Leslie A. Lewis ruled in favor of Workers Compensation Fund, dismissing an action brought by the Utah State Auditor. In that action, the State Auditor asserted that WCF was a...
NCOIL March 5 General Session to Address Broker Compensation, Disclosure
Feb 28 2005 // Legislators will examine options to address broker compensation and disclosure concerns during a National Conference of Insurance Legislators’ general session scheduled March 5 in Hilton Head, N.C.. The discussion,...
Conn. Expected to Adopt Civil Union Law
Feb 28 2005 // Connecticut’s legislature moved closer to legalizing civil unions for same-sex couples last week as a key panel approved a measure that could make Connecticut the second state to recognize gay unions through...
PIFC Pleased with Final Court of Appeal Ruling on CDI
Feb 28 2005 // The California Third Appellate District Court of Appeal on Monday upheld a Superior Court ruling that knocked down emergency regulations adopted by Insurance Commissioner John Garamendi which sought to restrict the...
Judge Rules Against TWCC in Insurance Council of Texas Lawsuit
Feb 27 2005 // The Insurance Council of Texas reported that on Feb. 24, 2005, Travis County District Court Judge Suzanne Covington ruled in favor of ICT in its lawsuit against the Texas Workers’ Compensation Commission. The court...
Consultant Hails Md. Gov. Ehrlich’s Med-Mal Bill
Feb 25 2005 // A consultant hired by the Ehrlich administration estimates Gov. Robert Ehrlich’s new medical malpractice insurance bill would save doctors about six times as much money as the bill that was enacted over his veto by...
Okla. Committee Backs Appointed Commissioner
Feb 25 2005 // Oklahoma’s insurance commissioner would be appointed by the governor instead of elected by the people under legislation that was sent to the Oklahoma House by a legislative committee, the Associated Press...
Insurers Concerned With ‘Burdensome’ N.Y. Credit Score Regulations
Feb 24 2005 // Insurance companies are concerned that new regulations adopted by the New York Insurance Department regarding the use of credit information for personal lines coverage could be more burdensome than necessary. The...
N.Y. Court Rules ‘No Pay, No Protection’ from Suits Under Workers’ Comp Law for Scofflaw Employers
Feb 24 2005 // New York State’s highest court has ruled that employers that fail to purchase workers compensation coverage cannot hide behind the workers’ compensation protection against being sued by employees. In reversing...
‘Any Willing Provider’ Bill Passes Ark. House
Feb 24 2005 // Following emotional speeches about a lack of treatment options offered by managed health plans, the Arkansas House of Representatives voted to resurrect the state’s “any willing provider” law and open the...
Ark. House Approves Bill to Ban Credit as Factor in Rating Auto Premiums
Feb 24 2005 // Auto insurance companies would be barred from using credit ratings as a factor in setting auto insurance premiums under a bill passed by the Arkansas House of Representatives, the Associated Press reported. Rep. Rick...
PIA of W. Va. EVP Describes Medical Liability Crisis; Hopes for Legislative Action
Feb 24 2005 // West Virginia’s medical liability insurance market is in a crisis and it has be fixed soon according to Gray Marion, Professional Independent Insurance Agents of West Virginia executive vice president. Marion...
Supreme Court Rules Big Dig Dredge a Vessel for Purpose of Allowing Injured Worker to Sue Owner
Feb 23 2005 // The United States Supreme Court has ruled that workers injured on dredges like one used in the Big Dig construction are not limited to workers compensation but may also sue the vessel’s owner for negligence. Writing...
Texas House Committee Hears Testimony on Insurance Score Ban
Feb 23 2005 // In a packed hearing room at the Texas Capitol, members of the Texas House Insurance Committee on Jan. 21 heard the views of consumers and their advocates, as well as insurers and their representatives, regarding House Bill...
