Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Wis. Appeals Court: Judge Erred in General Casualty Auto Liability Limits Ruling
Dec 22 2004 // WAUSAU, Wis.—A Brown County judge erred in ruling that a car insurance policy must provide $1 million in coverage following a deadly crash involving a 16-year-old driver, a state appeals court ruled recently. The policy...
New Calif. Legislation Becomes Law on Jan. 1
Dec 21 2004 // A number of new insurance-related bills will go into law in California on Jan. 1, 2005. They include: Auto Insurance AB 2677 (Ridley-Thomas – Auto Insurance: Cost Estimates) requires insurers to provide personal auto...
Negligent Criminal Acts Excluded from Yacht Policy, Court Rules in Case of N.H. Boating Death
Dec 21 2004 // A New Hampshire boater sued for wrongful death by the wife of a victim in an accident he caused was not covered under his yacht policy, the U.S. Court of Appeals for the First Circuit has ruled. The insured, Daniel...
Medicare Looms as Budget Remains a Logistical Issue for States
Dec 20 2004 // A Medicare prescription drug benefit for senior citizens through private plans is still more than a year away. But for state lawmakers and health officials preparing to help administer the complex new law, crunch time is...
Connect the Dots in 2005 and They Spell Government
Dec 20 2004 // Center stage will belong to government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound...
Ohio’s Gov. Taft Pushes Hard to Get Comprehensive Tort Reform
Dec 20 2004 // Insurers and business interests appear to have won another victory in Ohio, as Gov. Robert Taft will soon sign a broad tort reform bill that caps jury awards and limits products and obesity liability. This follows on the...
ILL. JUDGE RULES COMP FEE HIKE IMPROPER:
Dec 20 2004 // An Illinois Cook County circuit judge has ruled that a state increase in fees paid by employers into the state’s workers compensation fund was improper because it was used to help plug a gaping hole in the general...
Connect the Dots in 2005 and it Spells Government
Dec 20 2004 // Center stage will belong to Government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound...
CONN. AG URGES STATE CODES:
Dec 20 2004 // Connecticut Attorney General Richard Blumenthal repeated his call for state insurance regulators to establish a code of professional responsibility for agents and brokers in a letter to the National Association of...
Spitzer Investigation Dishes Out Winners, Losers in Financial Services Industry
Dec 20 2004 // The insurance industry continues to make the news even a month and a half after Attorney General Eliot Spitzer filed his lawsuit against Marsh and McLennan for bid rigging and receiving contingent commissions. Contingent...
Connect the Dots in 2005 and it Spells Government
Dec 20 2004 // Center stage will belong to Government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound...
Judge Acquits Segal on 7 Charges, 19 Others Upheld
Dec 20 2004 // U.S. District Judge Ruben Castillo acquitted former Near North Insurance Brokerage CEO Michael Segal on seven of the 26 federal counts he was convicted of earlier this year, but he upheld the others. Segal and...
Looking Back on ’04: The Most Talked-About Stories in the Western Region
Dec 20 2004 // The year 2004 saw a little bit of everything across the Western Region. Workers’ comp, homeowners, med-mal, and even insurance fraud topped the list of the most talked about stories. We compiled these recaps based on...
Agents, Insurers Seek Targeted Compensation Disclosure Rules
Dec 20 2004 // 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 &...
From Maine to Virginia … What Happened in 2004
Dec 20 2004 // Leaving aside the insurance brokerage compensation investigations, the World Trade Center trial, the St. Paul-Travelers merger and the UnumProvident settlement, all of which have their roots in this region but grew to...
Connect the Dots in 2005 and it Spells Government
Dec 20 2004 // Center stage will belong to Government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound...
Connect the Dots in 2005 and it Spells Government
Dec 20 2004 // Center stage will belong to Government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound...
Andrew Welsh-HugginsAgents, Insurers Seek Targeted Compensation Disclosure Rules
Dec 20 2004 // 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 &...
Carriers Eyed As Source of Funds to Fight S.C. Fraud
Dec 17 2004 // South Carolina legislators want insurance carriers to foot the bill to add investigators and prosecutors to the South Carolina Attorney General’s Office to fight insurance fraud. A bill suggested by Rep. Daniel L....
DFS to Have Applications Available Soon in Fla.
Dec 17 2004 // Florida lawmakers yesterday approved a measure – House Bill 9A – that will provide $150 million in financial assistance for Floridians faced with multiple hurricane deductibles. Those eligible will be...
