Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Legislators to Revive S.C. Fraud Legislation
Jan 3 2005 // Carriers Eyed as Income Source South Carolina legislators want to make insurance carriers pay for more investigators and prosecutors to fight insurance fraud under a proposal suggested by Rep. Daniel L. Tripp,...
Let the Games Begin
Jan 3 2005 // The fun and games are set to begin in Texas. No, not the Olympics nor the Super Bowl–but the Texas Legislature, of course. The legislature will open its doors Jan. 11 and bill filing started last month. Lobbyists,...
APPOINTED COMMISSIONER FOR OKLA.’:
Jan 3 2005 // A Tulsa, Okla.-area legislator plans to take up the mission he began nearly a year ago to change the office of insurance commissioner to one that is appointed rather than elected. State Rep. John Trebilcock, R-Broken...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Jan 3 2005 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Indep-endent Insurance Agents &...
JUDGE FAVORS CDI IN TRIAL CONCERNING REGULATORY AUTHORITY OVER STATE FUND:
Jan 3 2005 // On Dec. 13, Judge Paul Alvarado issued a tentative ruling affirming that the State Compensation Insurance Fund (State Fund) is subject to the Department of Insurance’s authority under the state’s Risk Based...
Insurance Marketing and Communications
Jan 3 2005 // How to Produce Client Seminars As we develop our marketing and communications plans for 2005, one of the most effective ways a broker can provide a customized service to its clients is by producing educational seminars on...
2003-2004 California Year-End Legislative Repo
Jan 3 2005 // A summary of the most important legislation affecting the industry in the New Year The historic recall of Gray Davis and election of Arnold Schwarzenegger as governor of California set the tone for the 2004 legislative...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Jan 3 2005 // The model compensation disclosure measure under consideration by the nation’s state regulators has been met with generally guarded support from agents, brokers and insurers. The Independent Insurance Agents &...
Maryland Lawmakers Agree on Med-Mal Bill But Governor Vows Veto Due to Tax Feature
Dec 31 2004 // The Maryland General Assembly, meeting into the early morning hours Thursday, approved a medical malpractice insurance reform package that Gov. Robert Ehrlich said he would veto because of a dispute over a tax on HMO...
Governor Proposes New Worker’s Compensation Rules
Dec 30 2004 // The Schwarzenegger administration has released a sweeping set of regulations aimed at revising how doctors evaluate permanent injuries to workers and how much compensation they are paid. The new regulations, unveiled last...
PCI Reacts Cautiously to NAIC’s Partial Producer Licensing Act Adoption
Dec 30 2004 // The Property Casualty Insurers Association of America has released a statement, indicating that the action of regulators to delay consideration of one critical section of the proposed amendment to its Producer Licensing...
Battle Looms Over Ga. Medical Liability Reform Legislation, Its Effect on Premiums
Dec 29 2004 // Storm clouds are looming over medical liability reform legislation about to be introduced in the 2005 Georgia General Assembly which would make it harder for insurance companies to raise their rates and thus, supposedly...
Mass. Lawmakers Approve Anti-Runner Bill
Dec 29 2004 // Massachusetts lawmakers have passed an insurance fraud bill that targets so-called “runners” who recruit others to participate in staged car accidents to collect the insurance. The bill makes the practice a...
Maryland Gov. Ehrlich’s Med-Mal Proposal Unveiled; Special Legislative Session Gets Underway Today
Dec 28 2004 // Maryland Governor Robert L. Ehrlich, Jr., on Dec. 22 provided Senate President Thomas V. Mike Miller and House Speaker Michael E. Busch a copy of the medical malpractice legislation that will be introduced during special...
Okla. Prosecutors to Appeal Judge’s Dismissal of Embezzlement Count Against Fisher
Dec 28 2004 // Oklahoma state prosecutors plan to appeal a judge’s recent decision to dismiss an embezzlement count against former state Insurance Commissioner Carroll Fisher, according to the Associated Press. “I’m not...
Dewhurst, Jackson Lay Out Plan for Insurer Penalties
Dec 23 2004 // Texas Lt. Gov. David Dewhurst once again called on State Farm to reduce homeowner’s insurance rates recently as he laid out the second part of the Texas Legislature’s insurance reform effort, the Associated...
HRH Releases D&O Snapshot and Forecast for 2005
Dec 23 2004 // Hilb Rogal & Hobbs has released its Directors and Officers Liability Snapshot and Insurance Market Forecast for 2005. Legislation, regulatory activity, litigation and corporate governance requirements continue to...
Mass. Gov. Romney Nixes LTC Tax Break
Dec 23 2004 // Massachusetts Gov. Mitt Romney is blocking a bill that Democratic lawmakers hoped would expand access to insurance for long term care, saying the state can’t afford a tax cut that would cause a $10 million annual...
Proposed Calif. Producer Compensation Regulation Confusing, Unnecessary Says ACIC
Dec 22 2004 // The Association of California Insurance Companies (ACIC) strongly criticized a proposed California Department of Insurance regulation on insurance agent and broker practices because the measure is overly broad, poorly...
Insurers Claim Regulators’ Open Meetings Policy Ignored
Dec 22 2004 // “Any NAIC deliberation or decision that has legal or persuasive effect on insurance law and regulation is the public’s business and must be conducted in a public setting,” stated a National Association of...
