Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
San Diego Judge Finds ed-Light Cameras Constitutional
Aug 21 2001 // The American Insurance Association (AIA) applauded San Diego Superior Court Judge Ronald Styn for his recent decision to uphold the use of video cameras to catch red-light runners. AIA cautioned opponents of red-light...
Hardening Market Heralds Rush to Alternatives
Aug 20 2001 // During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if...
PIANJ Defends Terminated Agent
Aug 17 2001 // Pennsylvania Insurance Commissioner M. Diane Koken announced the Insurance Department has finalized regulations protecting the financial privacy of Pennsylvania insurance consumers. With this new regulation, insurance...
NAII Says Missouri Privacy Reg Goes Beyond Gramm-Leach-Bliley
Aug 15 2001 // According to the National Association of Independent Insurers (NAII), a consumer privacy regulation proposed by the Missouri Insurance Department is contrary to state law because a third party claimant provision goes...
N.Y. to Require Speedier Processing of Injury Claims After Auto Accidents
Aug 13 2001 // The New York Insurance Department is taking a major step to help reduce insurance fraud by adopting a regulation requiring speedier processing of injury claims after an auto accident, according to the NAII. According to...
AIA Says OSHA Ergonomics Standard-Setting in Absence of Crucial Information Would Be Absurd August
Aug 13 2001 // The American Insurance Association (AIA) has joined the National Coalition on Ergonomics in submitting comments to the Occupational Safety and Health Administration (OSHA), urging the federal agency to base examination of...
RIMS Opposes Reinsurance Tax Equity Act
Aug 13 2001 // The Risk and Insurance Management Society Inc. (RIMS) announced its opposition to the proposed Reinsurance Tax Equity Act of 2001 (HR 1755). The decision to oppose the legislation was based on concerns that it could...
IS AUTO MARKET OVERREGULATED’
Aug 13 2001 // The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven approach to oversight, Independent Insurance Agents of America (IIAA)...
Trade Associations React to AIA’s Support of Federal Chartering
Aug 6 2001 // The Alliance of American Insurers, the NAII and the NAMIC are among industry trade associations that have publicly reacted to the American Insurance Association’s (AIA) endorsement of an optional federal chartering...
The Edge of the Regulatory Thicket
Aug 6 2001 // The American Insurance Association’s support of a draft proposal for an optional federal charter for p/c insurance companies has once more taken the industry to the edge of the regulatory thicket. The AIA position,...
IIAA Tells Congress Auto Insurance Over-Regulated in Certain States
Aug 2 2001 // The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven approach to oversight, Independent Insurance Agents of America (IIAA)...
AIA’s Endorsement of Optional Federal Charter Plan Prompts Flurry of Responses from Associations
Jul 30 2001 // In an announcement released July 17, the American Insurance Association (AIA) Board of Directors stated that it has formally endorsed draft legislation that would establish an optional federal chartering structure designed...
NAIC Objects to Antifraud Bill’s GAO Audit Provision
Jul 30 2001 // On behalf of the nation’s insurance commissioners, NAIC President and Kansas Insurance Commissioner Kathleen Sebelius is urging Congress to remove a provision from H.R. 1408, the Financial Services Antifraud Network...
Missouri Working on Directive on Workers’ Comp Loss Control
Jul 27 2001 // Representatives of the insurance industry and the state workers’ compensation division met July 23 to discuss implementation of a new law that would significantly reduce requirements for insurers to report their loss...
Judge Decides in AIG’s Favor in Dispute over Auto Insurance Rates
Jul 25 2001 // An administrative law judge found in favor of American International Group, Inc. (AIG) subsidiary American International Insurance Company of New Jersey (AIIC), on eight of ten issues in a dispute with the New Jersey...
NAMIC Comments on AIA’s Optional Federal Charter Proposal
Jul 23 2001 // The National Association of Mutual Insurance Companies (NAMIC) issued the following comment from Vice President-Federal Affairs, Pamela J. Allen, on the American Insurance Association’s (AIA) proposal for an optional...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Jul 23 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
AIG Comments on California Appeals Court Ruling
Jul 20 2001 // A California Court of Appeal has ruled that a suit against CIGNA Corp. and its former subsidiary, Insurance Company of North America (INA) — charging both companies with illegal conduct and fraud — could...
Trade Associations React to AIA’s Move Toward Federal Chartering
Jul 19 2001 // The Alliance of American Insurers expressed strong disagreement with the American Insurance Association’s (AIA) new position endorsing an optional federal chartering plan for property and casualty insurers. Alliance...
Calif. Assembly Banking Committee Approves Controversial Financial Privacy Legislation
Jul 19 2001 // According to the American Insurance Association (AIA), despite continued opposition from the financial services industry, the California Assembly Banking Committee approved the state’s most controversial financial...
