Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
NYAIP Issues Plan Manual Amendments on Spousal Liability Coverage
May 28 2003 // The Plan Manual of the New York Auto Insurance Plan has recently been updated to conform with Insurance Department regulations, adopted last November, which require insurers upon the written request of an insured, and upon...
Minn. Passes Bill Denying W/C Entry to Tax-Advantaged Entities
May 27 2003 // In a move insurance groups say will prohibit unfair competition in the state’s workers’ compensation insurance market, the Minnesota Legislature has recently taken action to prohibit state workers’...
Mold Claims Hit $4 Billion in Texas
May 27 2003 // Texas insurance companies have paid out just under $4 billion for mold claims in the past three years. According to the Insurance Council of Texas, an insurance trade association, mold claims have represented a larger...
Mo. Tort Reform Bill May Get Gov’s Veto
May 27 2003 // In the final hours of the 2003 Missouri legislative session lawmakers pushed through a tort reform bill designed to overturn the effects of a devastating court case that is largely responsible for sharp increases in...
NH Commissioner Sees Softening Market Conditions
May 27 2003 // New Hampshire Insurance Department Commissioner Paula Rogers, the keynote speaker at the Professional Insurance Agents of New Hampshire Inc.’s annual conference held at the Marriott Courtyard and Grappone Conference...
AlphaStar Regulatory Filings Delayed; Faces Nasdaq Hearing
May 22 2003 // The Bermuda-based AlphaStar Insurance Group Limited (the successor company to Stirling Cooke Brown) reported that it had received a notification from the Nasdaq Listing Qualifications Department on May 21 that the Company...
NAII, Alliance and AIA Comment on NJ Auto Reform Bill’s Passage
May 19 2003 // The National Association of Independent Insurers, the Alliance of American Insurers and the American Insurance Association all had favorable comments on the passage of New Jersey’s Auto Insurance Reform Act. (See...
NJ Assembly Approves Auto Insurance Reform Act
May 19 2003 // On Friday the New Jersey General Assembly unanimously approved The Automobile Insurance Competition and Choice Act (S-63/A-2625), a measure designed to correct “years of politically influenced auto insurance...
MONT. FAILS TO ADOPT CREDIT SCORING LEGISLATION
May 19 2003 // A Montana bill that would have established reasonable and clear guidelines for the use of credit scoring in insurance underwriting and rating is dead, reportedly due in large part to disagreements between the insurance...
Skyrocketing Prices Leaving Doubts In The Air
May 19 2003 // With California’s workers’ compensation market in a tailspin, Sacramento’s legislators, the governor and the state insurance commissioner are pulling out all the stops to repair a system that’s...
Maine Sends NCOIL-based Credit Bill to Governor
May 16 2003 // Maine has become the first New England state to send legislation to the governor that follows the National Conference of Insurance Legislators (NCOIL) credit-based insurance model. The NCOIL model or a form of the model...
NAII Urges Lawmakers to Improve Alaska Credit Info Bill
May 16 2003 // The Alaska Senate’s recent passage of legislation that would restrict insurers’ use of credit information came after lengthy negotiations among all interested parties, but still falls short of enabling insurers...
PIANY Urges lawmakers to End NYPIUA Stalemate
May 15 2003 // The Professional Insurance Agents of New York State Inc., issued a bulletin “imploring lawmakers in Albany to end the stalemate that threatens to deny tens of thousands of New Yorkers access to home and commercial...
EU Parliament Passes “Polluter Pays” Directive
May 15 2003 // The European Union Parliament in Strasbourg has passed what could be a far reaching directive, mandating that whoever causes environmental pollution will be responsible for the costs of cleaning it up. Part of the proposed...
Tax Credits Not Enough to Counter Med Mal Crisis, Says Reform Group
May 15 2003 // The burden skyrocketing medical liability costs are placing on America’s health care providers will not be eased by an amendment that would provide tax credits to hospitals and physicians in both low- and high-risk...
Tort Reform Tops 2003 Idaho Legislative Session; State Fund Issue Remains Unresolved
May 14 2003 // Tort reform was reportedly the major accomplishment of the 2003 Idaho legislative session. The session lasted a record 118 days due to a standoff between the Governor and legislators over the raising of certain taxes to...
Illinois Docs Rally, Urge U.S. Senate to Act
May 14 2003 // Thousands of patients, physicians and other supporters of medical liability reform gathered in Chicago’s Daley Plaza to urge federal lawmakers to fix an out-of-control legal system that is seriously threatening...
Surplus Lines Bill Passes La. House, Senate Battle Next
May 14 2003 // The Louisiana Surplus Lines Association is urging its members to keep the pressure on state lawmakers to pass House Bill 1476, which would exempt certain surplus lines insurers from a decades old, largely un-enforced law...
New Ariz. Law Expedites Repair Process, Services to Towed Vehicles
May 14 2003 // Legislation that should speed up the repair process for insured vehicles by clarifying that insurance companies can retrieve automobiles from towing yards was signed into law last week, according to the National...
Mo. Med Mal Data Show Court’s Caps Ruling Needs Reversal: Commish
May 14 2003 // Missouri Department of Insurance (MDI) Director Scott B. Lakin today said the state must act quickly to reverse a 2002 court ruling that has seriously disrupted Missouri’s medical malpractice market. Under the...
