Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
R.I. State Senate Bills Seek to Spur Competition in Health Insurance Market
Feb 22 2005 // Saying that a competitive insurance market is critical to making health insurance more affordable for Rhode Island consumers and businesses, Sen. Marc A. Cote has introduced a package of legislation aimed at attracting...
NCOIL Conferees Meet March 3-6 to Discuss Public Policy Insurance Issues
Feb 22 2005 // Broker compensation and its impact on the insurance market will be one of many key issues discussed March 3 to 6 during the National Conference of Insurance Legislators spring meeting and seminar in Hilton Head, S.C. The...
Former President of Oregon’s SAIF Accused of Violating Law on Lobbyists
Feb 22 2005 // A new state ethics report concludes that former SAIF Corp. President Katherine Keene violated Oregon law by failing to register as a lobbyist and report her expenses. The 35-page report released Feb. 18 by the Oregon...
Ariz. Senate Backs Malpractice Changes Sought by Physicians
Feb 22 2005 // The Senate gave preliminary approval Feb. 17 to a three-pronged medical malpractice bill backed by business groups and physicians. The measure would provide a legal shield for doctors’ apologies, tighten requirements...
Outsiders See Need for Practical Solution to Compensation Disclosure
Feb 21 2005 // III Joint Forum: From the Outside Looking In It’s not very often that the insurance industry invites outsiders to share their opinions, so last month’s Insurance Information Institute’s Joint Industry...
Eliot Who’ TRIA Whoa’ Republicans Outline Insurance Priorities
Feb 21 2005 // Industry Gets Victory on Class Action But Reason to Worry Over TRIA Eliot who? The name Eliot Spitzer was never spoken during a recent gathering of insurance brokers and federal lawmakers in Washington, D.C. At the annual...
Fiduciary Liability: Obtaining Effective Insurance
Feb 21 2005 // As discussed in part one of this series in the Feb. 7 issue (page 34), fiduciary liability is one of the most misunderstood of management exposures. However, once one grasps the concept of personal liability embedded in...
Ohio’s Common Sense Legal Reform
Feb 21 2005 // 2004 was a landmark year for common sense legal reform in Ohio. The state enacted significant asbestos reform, silica and mixed dust reform, and comprehensive tort reform legislation. The many benefits of these historic...
The Go-To Guy
Feb 21 2005 // Depending upon which side of the fence you stand, the excess and surplus insurance market is either too expensive and too unregulated, and therefore unreliable, or the right solution for a complicated risk at a difficult...
Oklahoma Republican Lawmakers Roll Out Lawsuit Reform Plan
Feb 21 2005 // With the goal of bringing common sense back to Oklahoma’s legal system, reduce health care costs for citizens and create a stronger economic climate, Speaker of the Oklahoma House of Representatives Todd Hiett...
Louisiana: We Are Building It, Will They Come’
Feb 21 2005 // Ihave the privilege of serving as vice president of the Louisiana Surplus Line Association (LSLA) and chairman of the Louisiana Surplus Line Task Force. Our goal has been to share our thoughts on regulatory reforms and...
PCI COMMENDS NEVADA DOI ON BROKER COMPENSATION ISSUE:
Feb 21 2005 // The Property Casualty Insurers Association of America commended the approach taken by the Nevada Division of Insurance on the disclosure of broker compensation in a temporary regulation adopted in early February....
Broker Fee Regulations to Dominate 2005 Legislative Session in California
Feb 21 2005 // Three issues will dominate California’s 2005 legislative session–broker fee regulations and fiduciary duties; homeowners insurance, and workers’ compensation, according to IBA West lobbyist John...
Surplus Lines Experiencing Softening Market with Rest of Industry
Feb 21 2005 // Insurance Journal recently surveyed several surplus line associations regarding their thoughts on the current atmosphere of the surplus lines marketplace, and their expectations into 2005. Executive director Ted Pierce of...
Eliot who’ TRIA when’ Republicans Outline Insurance Priorities
Feb 21 2005 // Industry Gets Victory on Class Action but Reason to Worry Over TRIA …. Eliot who? The name Eliot Spitzer that is on the lips of every insurance broker was never spoken during a recent gathering of insurance brokers...
N.Y. Weighed Contingent Fee Issue Years Before Spitzer Investigation
Feb 21 2005 // While it did not begin boiling over until last October when charges were brought against Marsh, the controversy over brokerage contingent fees has actually been simmering for more than a half dozen years in New York...
Wyoming Lawmakers Trying to Stem Doctor Liability Costs
Feb 21 2005 // In the first half of the legislative session, the health care industry watched the demise of several measures meant to stem rising insurance costs for doctors. “The liability crisis is getting worse,” said...
Washington All Industry Day: Associations Discuss Broker Disclosure
Feb 21 2005 // Broker disclosure, medical malpractice reform and credit scoring dominated the discussions at the Washington All Insurance Industry Day at the Capital held Feb. 10. Over 170 independent agents gathered to learn about...
N.Y. Workers Comp Insolvency Fund Could Survive Until End of March; Quick Action in Albany Sought
Feb 18 2005 // The New York State Workers Compensation Security Fund, which officials last month predicted would run out of money by the end of this month, could go on paying claims until the end of March, thanks to early access to funds...
NAMIC Applauds Natural Disaster Legislation to Provide Affordable Insurance
Feb 18 2005 // A natural disaster bill introduced by a Florida congresswoman from a coastal district will ensure that debate on the problem of insurance availability in disaster-prone areas will continue, according to the National...
