Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
PIP Reform, Workers’ Comp Still on the Table in Fla. Session
Apr 30 2003 // The National Association of Independent Insurers (NAII) reports that as the 2003 Florida legislative session winds down, insurers are keeping a close eye on key bills concerning PIP reform, flex rating, workers’...
PIP Reform, Workers’ Comp on Table as Fla. Session Nears End
Apr 29 2003 // As the 2003 Florida legislative session winds down, insurers are reportedly keeping a close eye on key bills concerning PIP reform, flex rating, workers’ compensation, and credit scoring. Budget concerns reportedly...
Pickens Announces Credit Scoring Protections for Ark. Consumers
Apr 29 2003 // According to Arkansas Insurance Commissioner Mike Pickens, the enactment of a new law will give Arkansas insurance consumers stronger protections in the use of credit information and credit scoring when purchasing and...
Calif. Regulatory Advisory Threatens Use of Loss History Databases, Says ACIC
Apr 29 2003 // A California Department of Insurance Advisory Notice significantly restricts homeowners insurance underwriting and, if fully implemented, reportedly could result in fewer choices and higher prices for consumers in the...
Calif. Commissioner Issues First Homeowners Bill of Rights Order
Apr 28 2003 // California Department of Insurance (CDI) Commissioner John Garamendi implemented the first step in his Homeowner’s Bill of Rights April 25 by releasing a regulatory advisory to insurers reminding them to review and...
Montana Fails to Adopt Credit Scoring Legislation
Apr 28 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, due in large part to disagreements between the insurance commissioner,...
Florida Association Urges Senate to PIP Reform Bill
Apr 28 2003 // The Florida Property and Casualty Association announced that Florida’s top auto insurance companies are strongly urging the Florida Senate to pass the Motor Vehicle Insurance Affordability Act. Senate Bill 1202 has...
Alliance Argues Against Iowa Diminished Value Bill
Apr 25 2003 // A pending Iowa regulation that would regulate the way insurers settle automobile claims is flawed and should be changed, according to the Alliance of American Insurers. “In its current version, IAC 191-15 would force...
Tort-based Auto Insurance Bill Advances in Colo.
Apr 24 2003 // The Colorado House passed legislation April 21 that would replace the state’s current no-fault auto insurance system with a tort-based system. Meanwhile, the House is also expected to act later this week on...
S. C. Legislator Says Business Group Tried to Bribe Her
Apr 24 2003 // South Carolina State Rep. Shirley Hinson claims a business lobby group has offered her a bribe to support legislation that would reform medical malpractice lawsuits. According to the Associated Press and The Charleston...
NAII Seeks Changes to Proposed Insurance Scoring Regulations in Delaware
Apr 24 2003 // The National Association of Independent Insurers announced that representatives had appeared at a public hearing held yesterday in Delaware to ensure that the effectiveness of credit-based insurance scoring was not...
NAII Favors Adoption of MA Bill on Privacy Regulations
Apr 23 2003 // The National Association of Independent Insurers has issued a bulletin in favor of a Massachusetts bill giving the insurance commissioner authority to promulgate privacy regulations consistent with the federal...
Judges to Offer Views on Tort Reform at Alliance’s Calif. Meeting
Apr 22 2003 // A group of judges will give their perspectives on the issue of tort reform during one of the panel discussions that will highlight the 81st Annual Meeting of the Alliance of American Insurers. The meeting will be held...
Align360 Notes New Federal Compliance Capabilities
Apr 21 2003 // Maine-based Align360, a business and IT consulting firm, announced the release of their FLAG360TM product for the INSideOUTSM system (formerly known as WPCSM). As part of the Homeland Security Initiatives, the U.S....
NAII Pleased with Latest Treasury Rules on TRIA
Apr 21 2003 // Two new sets of Treasury Department rules for implementation of the Terrorism Risk Insurance Act (TRIA) reportedly clarify important statutory requirements of the new law for insurers and address important state insurance...
Credit Scoring Bill Passes Georgia Senate
Apr 21 2003 // The Georgia Senate unanimously approved legislation allowing insurers to use credit-based insurance scores in underwriting and rating homeowners and auto insurance coverage, according to the American Insurance Association...
Ariz. Searches for Solution to Meet Deficit Needs
Apr 21 2003 // A billion-dollar shortfall in Arizona’s state economy has many lawmakers conjuring up solutions and desperately searching for ways to solve current and future deficits. One solution that they came up with reportedly...
ACIC’S 14TH ANNUAL GENERAL COUNSEL SEMINAR SET FOR JULY
Apr 21 2003 // Insightful speakers and informative panels will present the most up-to-date overviews of issues affecting P/C insurers writing business in California during the Association of California Insurance Companies’ 14th...
Solution to Growing Asbestos Crisis may be on the Way
Apr 21 2003 // The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,'” wrote Justice Ruth...
Credit Scoring – Agents, Carriers Look to Bridge Divisions
Apr 21 2003 // Give them credit—both agents and carriers have made credit scoring an issue that the industry can’t turn its back on. From studies to hearings, the issue has soared to become one of the top three or four issues in...
