Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
PIFC Reports on Dangers of Eliminating Territorial Rating
Jun 9 2003 // Four California Insurance Commissioners and the California Supreme Court reportedly agree-the use of territory as a factor in determining automobile insurance rates is fair and equitable under Proposition 103 passed in...
Texas Regulation Bill Passes in Last Hours of Session
Jun 9 2003 // In the waning hours of the 78th Legislature Texas lawmakers passed Senate Bill 14, the long-awaited insurance reform bill, giving additional power to the Insurance Commissioner to control residential and automobile...
AIA Says Fair Credit Act Renewal Will Keep Regulatory Balance
Jun 6 2003 // The American Insurance Association (AIA) on Thursday urged Congress to renew the Fair Credit Reporting Act and applauded House Financial Services Committee Chairman Mike Oxley (R-Ohio) and Rep. Spencer Bachus (R-Ala.) for...
Foster Urged to Sign Louisiana Regulatory Reform Bill
Jun 6 2003 // The National Association of Independent Insurers called on Louisiana Gov. Mike Foster to promptly sign a bill that the NAII says would provide more flexibility to the state’s insurance rate-making process while...
Alliance Opposes Proposed N.J. Restrictions on Call Centers
Jun 6 2003 // The Alliance of American Insurers testified yesterday against NJ Assembly Bill 3259, which, it asserts, “would place restrictions on insurers using call centers.” Alliance Assistant Regional Manager Richard...
N.Y. Governor Introduces
Jun 5 2003 // New York’s Governor George E. Pataki announced that he has introduced legislation to provide enhanced insurance protections for New York State business owners. The Governor said the legislation would allow for the...
IIAT Praises Passage of Texas Reform Bill
Jun 4 2003 // According to the Independent Insurance Agents of Texas, the June 1 passage of the state’s insurance reform bill is a victory for consumers, insurance companies and independent agents. Gov. Rick Perry, who declared...
NAII Encouraged, Concerned by NCOIL Regulatory Modernization Report
Jun 4 2003 // The National Association of Independent Insurers (NAII) said it is encouraged by a preliminary NCOIL report calling for significant changes in market conduct regulation. However, some proposals contained in the report have...
Neb. Enacts Scoring Restrictions and Regulatory Modernization
Jun 4 2003 // The Nebraska Legislature enacted two significant bills during the 2003 legislative session that will provide guidelines for credit-based insurance scoring and further modernize the regulatory environment for commercial...
Credit Scoring, Nonrenewal Bills Highlight of Ill. Legislative Session
Jun 4 2003 // Legislation dealing with commercial lines nonrenewals, fee increases and credit scoring were among the top insurance-related bills that passed the 2003 Illinois General Assembly, which adjourned May 31. “The...
Reform Legislation Approved by Texas Legislature
Jun 3 2003 // On the last day of the regular session, Texas lawmakers passed insurance reform legislation, but according to the National Association of Independent Insurers consumers and insurers alike will have to wait to see if the...
AIA Notes N.H. Regulatory Modernization Bill Goes to Governor
Jun 3 2003 // The American Insurance Association issued a bulletin noting that the New Hampshire legislature has passed an insurance regulatory modernization bill (HB 684) that “will provide benefits to consumers and insurers...
Alliance Calls New DE Credit Scoring Regulation a ‘Fair Compromise’
Jun 2 2003 // The Alliance of American Insurers has issued an announcement indicating that a final Delaware Department of Insurance regulation governing property/casualty insurers’ use of credit-based insurance scores that will go...
NAMIC Tells Washington Legal Foundation That Regulation Best Left to States
May 30 2003 // Reformed state regulation of insurance is the most desirable course for the future according to a National Association of Mutual Insurance Companies (NAMIC) speaker at a media briefing on “An Optional Federal...
PIFC Says Auto Rates will Skyrocket for Drivers in 51 Calif. Counties if Territorial Rating is Eliminated
May 30 2003 // Four California Insurance Commissioners and the California Supreme Court reportedly agree – the use of territory as a factor in determining automobile insurance rates is fair and equitable under Proposition 103...
NAII Comments on Brief Opposing N.J. Appeals Court Ruling in Wrongful Death Case
May 29 2003 // The National Association of Independent Insurers has issued a bulletin commenting on its recent filing of an amicus brief, which opposes a New Jersey appeals court’s conclusion that wrongful death and survival...
NAII Urges Texas to Implement Reforms to Ensure Affordability, Competition
May 29 2003 // The Texas insurance market may continue to experience serious affordability and availability issues if lawmakers cannot find an answer to the state’s insurance crisis that encourages competition and more choices for...
NAII Lauds N.H. Senate’s Passage of Regulatory Modernization Bill
May 29 2003 // The National Association of Independent Insurers praised the New Hampshire Senate on passing H.B. 684, an insurance regulatory modernization bill that the NAII said “will make it easier for insurers and consumers to...
NAMIC Comments on Asbestos Litigation Legislation
May 28 2003 // Late last week, Senator Orrin Hatch, R-Utah, introduced legislation to reform asbestos litigation. The “Fairness in Asbestos Injury Resolution (‘FAIR’) Act of 2003” (S. 1125) is intended to create a...
Texas House Bans Credit Scoring in Regulation Bill
May 28 2003 // The Texas House of Representatives passed its version of Senate Bill 14, legislation that addresses regulation of residential property and commercial and personal automobile insurance. According to the Alliance of American...
