Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Water Claims Legislation Passes TX Senate Committee
Mar 27 2003 // Legislation authored by Texas Senator Troy Fraser to speed insurance companies’ response to water damage claims, limit the amount insurers can charge homeowners for previous water damage claims, and require the...
NAII Lauds House Passage of N.H. Regulatory Modernization Bill
Mar 27 2003 // The National Association of Independent Insurers praised New Hampshire’s House of Representatives for passing H.B. 684, which it strongly supports, calling it “a bill that will make it easier for insurers and...
SC Supreme Court Ruling on Diminished Value Applauded
Mar 26 2003 // The Alliance of American Insurers praised a ruling by the South Carolina Supreme Court that limits the amount insurers must pay to repair damaged vehicles. The ruling came in a case involving a State Farm policyholder who...
Alliance Opposes RI Bill to Ban Confidential Court Settlements
Mar 26 2003 // According to a bulletin from the Alliance of American Insurers “A bill being heard today by the Rhode Island House Judiciary Committee is an attempt by the trial bar to restrict the use of confidentiality and...
NY to Widen Scope for Captives
Mar 24 2003 // New York Governor George E. Pataki and New York City Mayor Michael R. Bloomberg jointly announced new legislation that will allow a wider range of businesses “the opportunity to utilize captive insurance companies to...
Med Mal Fever: When Doctors Walk Out, Politicians Notice
Mar 24 2003 // They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and...
Mold Legislation Continues Growth in State Legislatures
Mar 24 2003 // State lawmakers around the country have been busy introducing a variety of bills aimed at the issue of mold, how it is addressed by society, and how it is covered by insurers’. “We are currently tracking nearly...
Calif. Commissioner Formally Enforces Regulatory Powers Over SCIF
Mar 24 2003 // California Insurance Commissioner John Garamendi announced March 21 that California State Compensation Insurance Fund would continue to provide workers’ compensation coverage for employers incapable of finding...
TRIA-a Flood of Paper, a Trickle of Buyers
Mar 24 2003 // December is the most dreaded month for a surplus lines broker. In addition to all the 12/31 and 1/1 renewals, one must deal with underwriters and employees having the gall to go on vacation, holiday parties, holiday...
AUTO INSURANCE, WORKERS’ COMP EMERGE
Mar 24 2003 // New state laws concerning workers’ compensation and automobile insurance make up the majority of the property/casualty-related insurance laws enacted by state legislatures last year, according to an analysis of...
AAIS Gains Approval in Texas for Homeowners Forms
Mar 21 2003 // Property/casualty insurers that write homeowners insurance in Texas can now use policy forms developed by the American Association of Insurance Services (AAIS). AAIS is a national advisory organization that develops forms...
Coalition, Alliance Hail Senate Passage of NJ Auto Reform Bill, Now Look to Assembly for Action
Mar 21 2003 // The Alliance of American Insurers and the Coalition for Auto Insurance Competition both hailed the passage by the full New Jersey Senate, by a vote of 30-4-7, of legislation aimed at reforming what the Alliance called...
Calif. Commissioner Formally Enforces Regulatory Powers Over SCIF
Mar 21 2003 // Responding to numerous inquiries concerning the availability of workers’ compensation insurance from the California State Compensation Insurance Fund (SCIF), Insurance Commissioner John Garamendi, backed by...
AIA Commends NJ Senate on Passage of Auto Insurance Reform Bill
Mar 20 2003 // The American Insurance Association commended the New Jersey Senate Commerce Committee “for its leadership and bipartisan action in passing historic legislation (Senate Committee Substitute/Senate 63) aimed at...
Ala. Commissioner Urges Passage of Fraud Bill
Mar 18 2003 // Acknowledging that his state has yet to enact strong measures to combat insurance fraud, Alabama Insurance Commissioner Walter A. Bell released the following statement in support of such anti-fraud...
Big Day for NJ Auto Reform Supporters
Mar 18 2003 // St. Patrick’s Day in Trenton NJ took on a decidedly political character as supporters of proposals to change the state’s restrictive automobile insurance regulations gathered at the state capital both inside...
Dewhurst, Fraser Want Credit Score Regulation
Mar 17 2003 // Texas Lieutenant Governor David Dewhurst and Senator Troy Fraser of Horseshoe Bay, chair of the Senate Business and Commerce Committee, have come out in favor of regulating insurers’ use of credit...
Calif. Commissioner Seeks ‘Fair Claims’ Reg Changes
Mar 17 2003 // Acting to provide greater protection for consumers who file insurance claims, Calif. Insurance Commissioner John Garamendi has proposed amendments to the Fair Claims Settlement Practices (FCSP) regulations, which govern...
NAII Notes Positive Modifications in VA 2003 Insurance Legislation
Mar 17 2003 // “Virginia’s 2003 legislative session ended with the softening of many bills that could have made it much more difficult for insurance companies to conduct business in the state,” said an announcement from...
PIANJ Updates Online Agency Handbook to Reflect New Producer Licensing Information
Mar 14 2003 // The Professional Insurance Agents of New Jersey Inc. has updated its online Agency Handbook to include the New Jersey Department of Banking and Insurance’s newly adopted and amended regulations implementing the...
