Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
IBANY Retains Michael V. Barrett as New Legislative Representative
Oct 10 2003 // The Insurance Brokers Association of New York, which represents the interests of New York’s leading commercial insurance producers on both professional development and legislative and regulatory matters, announced...
Fla. Judge Rules Agent Countersignature Law Unconstitutional
Oct 9 2003 // A Florida U.S. district court judge has struck down as unconstitutional the state’s countersignature law, which required that Florida resident agents and brokers get half the commission on insurance transactions...
IIABA Reports Now is the Time For National Agent-Broker Licensing Reform
Oct 7 2003 // A U.S. district court’s decision that two Florida laws denying equal treatment to nonresident Florida-licensed agents are unconstitutional will result in an additional breakdown of artificial barriers to licensing...
MedPro to Issue Non-Renewal Notices to Fla. Physicians
Oct 6 2003 // GE Commercial Insurance’s Medical Protective (MedPro) announced it reportedly has been forced to issue non-renewal notices to physicians whose medical malpractice insurance policies expire in January 2004. MedPro had...
Apprehensions over Regulation, Capital, Industry Image, Dominate CII Conference
Oct 6 2003 // The industry “needs leaders that will actually lead,” said outgoing president Andy Homer as he closed the 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute...
Under the Gun, NAIC Recommits to Modernization
Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...
AAI Reports Concerns with Implementation of Some N.J. Auto Regulations
Oct 6 2003 // The Alliance of American Insurers submitted comments to New Jersey’s Department of Banking and Insurance expressing support for the Department’s efforts to move quickly in implementing the auto insurance reform...
Fla. Announces New Strategy for Fighting Auto Fraud
Oct 6 2003 // Continuing efforts to put an end to reported spiraling auto insurance premiums by combating fraud, Florida’s Chief Financial Officer Tom Gallagher recently joined Miami-Dade State Attorney Katherine Fernandez-Rundle...
Calif. Legislative Session Adjourns With New Privacy Law, WC Reform
Oct 6 2003 // New financial privacy requirements and legislation aimed at cutting workers’ compensation costs are the two most significant public policy measures that impacted the property/casualty industry during the 2003...
Special Coverage: NAPSLO Annual Convention
Oct 6 2003 // The NAPSLO Annual Convention took place Sept. 10-14 in San Diego at the San Diego Marriott Hotel & Marina. For more Insurance Journal interviews and special video coverage of the NAPSLO Convention, including an...
Regulation, Capital, Industry Image Dominate CII Conference
Oct 6 2003 // The industry “needs leaders that will actually lead,” said outgoing president Andy Homer as he closed the 102nd Insurance and Financial Services Conference of the U.K.’s Chartered Insurance Institute...
Under the Gun, NAIC Recommits to Modernization
Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...
IIAT Queries Commissioner José Montemayor About Reforms
Oct 6 2003 // The Texas Department of Insurance has begun implementing the directives in Senate Bill 14 to bring balance, stability, fair pricing and a dynamic homeowners insurance market to Texas. Its first step toward that goal...
Special Coverage: NAPSLO Annual Convention
Oct 6 2003 // The NAPSLO Annual Convention took place Sept. 10-14 in San Diego at the San Diego Marriott Hotel & Marina. For more Insurance Journal interviews and special video coverage of the NAPSLO Convention, including an...
Calif. Legislature Settles on Workers’ Comp Reform Package
Oct 3 2003 // With the lawmakers facing the most serious pressure in years to do something about California’s broken workers’ comp system, the state legislature earlier last month passed a six-bill armada designed to reign...
Fla. Workers’ Comp Reforms Take Effect Oct. 1
Oct 1 2003 // Florida’s Chief Financial Officer Tom Gallagher announced that many reforms aimed at increasing the availability and affordability of workers’ compensation go into effect Oct. 1. Gallagher also noted that the...
Fla. Insurers Reportedly Should Expect Tough Enforcement of Credit Law
Sep 30 2003 // Insurance companies using credit-based insurance scores to underwrite and rate insurance coverage in Florida should reportedly be aware that the Florida Office of Insurance Regulation (OIR) will be taking a tough stance on...
PIANY Congratulates NYSID on Success of IIES System, More Effort Needed on No-fault Fraud
Sep 30 2003 // The Professional Insurance Agents of New York State Inc., has issued a bulletin congratulating the New York State Insurance Department and the Department of Motor Vehicles on the recent success of the Insurance Information...
Calif. Legislative Session Adjourns With New Privacy Law, Work Comp Reform
Sep 29 2003 // New financial privacy requirements and legislation aimed at cutting workers’ compensation costs are the two most significant public policy measures that impacted the property/casualty insurance industry during the...
Court Rules Against Silverstein WTC Claim, Orders Jury Trial
Sep 29 2003 // John M. Walker, Jr., Chief Judge of the U.S. Court of Appeals for the Second Circuit, has issued a ruling denying Silverstein Properties’ motion for summary judgment in its battle with Swiss Re, Travelers and other...
