Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
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...
Report: Association Plans Could Harm Small Business
Feb 22 2005 // A new report titled, “Association Health Plans — A Step Backward for Small Employers and Consumers,” maintains that federal Association Health Plan legislation would have devastating consequences for small...
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...
