Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Pennsylvania DOI Signs Agreement With Federal Banking Regulator
Mar 30 2001 // The Pennsylvania Insurance Department has signed an agreement to exchange a broad array of information with the Office of the Comptroller of the Currency. The OCC is the federal regulator of 2,600 national banks and 66...
Letter Re-Ignites U.S.- Europe Privacy Debate
Mar 28 2001 // A joint letter from the Treasury and Commerce Departments to John Mogg, European Commission Director General for the Internal Market, has re-ignited the controversy between the U.S. and the EU over privacy regulations. The...
Struggle Continues Over Payment of Holocause Claims
Mar 26 2001 // The Western world is haunted by the specter of the German government killing millions upon millions of Jews (and others) in concentration camps. I couldn’t sleep when I first saw the pictures in the 1950s. My...
WORKERS’ COMP IN CALIFORNIA: A Barren Landscape
Mar 26 2001 // Three months into the new year, the picture for the California workers’ comp market is not pretty, and it’s likely to get worse. Developments in recent weeks-including lowered ratings, carrier losses, declining...
It’s All in the Execution for Doomed OSHA Regulations
Mar 26 2001 // To the relief of employers and insurers, Congress overturned the ergonomic regulations adopted by OSHA last year. Despite all the caterwauling about the ergonomic regulations adopted by OSHA in November 2000, I think they...
Bush Signs Ergonomics Repeal; Draws IIAA Praise
Mar 22 2001 // Independent agents are hailing the finality of freeing small businesses from costly federal ergonomics rules following President Bush’s signing of a measure to repeal them, says Independent Insurance Agents of...
Halliburton to Appeal Court Ruling
Mar 22 2001 // The Delaware Chancery Court issued an opinion yesterday in the pending litigation between Halliburton and its Kellogg Brown & Root, Inc. subsidiary and Highlands Insurance Group, Inc. The Court ruled that all of the...
Fresh Allegations Surround Quackenbush, Lloyd’s Payment
Mar 12 2001 // A new round of controversy over actions taken by former California Insurance Commissioner Chuck Quackenbush has been triggered by articles recently published in the Los Angeles Times. The strongest of the allegations...
IIAA Outlines Position on Anti-Fraud Legislation to Congress
Mar 7 2001 // Independent Insurance Agents of America State Government Affairs Committee chairman Ronald A. Smith, testifying at a joint hearing of the Oversight & Investigations and Financial Institutions subcommittees, called on...
Visions Clear for NAFTA Insurance
Mar 5 2001 // The media reports have died down since the Feb. 6 ruling that the United States was in violation of the North American Free Trade Agreement by disallowing Mexican trucks free access to American roadways. The work has just...
Paying for Holocaust Insurance Claims
Mar 5 2001 // The Western world is haunted by the specter of the German government killing millions upon millions of Jews (and others) in concentration camps. I couldn’t sleep when I first saw the pictures in the 1950s. My...
Illinois DOI Budget Tops $33 Million
Feb 28 2001 // Illinois Governor George H. Ryan proposed a Fiscal Year 2002 budget of $33.6 million for the Illinois Department of Insurance including programs that protect consumers. Less than 1.5 percent of the total amount proposed...
Lloyd’s Calls Bankruptcy Bill Provision A Get Out of Jail Free Card
Feb 27 2001 // A special provision, added to the currently pending legislation in Congress to overhaul the U.S. Bankruptcy law, aims to prevent Lloyd’s from collecting debts from U.S. “Names”(individual Lloyd’s...
Court Rules Against State Fund in Schaefer Ambulance Case
Feb 26 2001 // Seven years after an initial lawsuit was filed, the California Supreme Court made a ruling unfavorable to the California State Compensation Insurance Fund (SCIF) in the case of State Compensation Insurance Fund,...
Kreidler Tells IIABW He Will Create Responsive Regulatory Body
Feb 26 2001 // Washington’s new Insurance Commissioner gave the Independent Insurance Agents & Brokers of Washington something to hope for at the IIABW Legislative Day in Olympia on Jan. 31. Bill Stauffacher, IIABW lobbyist,...
ROOM FOR EXPRESSION
Feb 26 2001 // The California Department of Insurance (CDI) insists the goal of a proposed emergency regulation is to make sure that insurers use plain English on all posted market conduct exams, but according to the NAII, the use of...
States Strive for Consistency in Complying with New Privacy Provisions
Feb 26 2001 // The 2001 state legislative sessions are off and running. Among the more pressing challenges this year for a number of insurance commissioners and lawmakers is reaching compliance with the privacy provisions of the...
Insurance Regulators Team Up at PricewaterhouseCoopers
Feb 22 2001 // PricewaterhouseCoopers LLP, the world’s largest professional services organization, has hired former New York and Maryland insurance commissioner Edward Muhl, Kenneth Gibson, Roger Langley and Lynne Hepler in the...
Texas Case Watched Closely By Surplus Lines Industry
Feb 19 2001 // The Comptroller of Public Accounts in Texas is planning an appeal of a Third District Court ruling that found Dow Chemical Co. did not owe the comptroller taxes on independently procured insurance. The Comptroller’s...
Michigan DOI Eliminates Obsolete Regulatory Language, Changes Agent Licensing Requirements
Feb 14 2001 // Michigan Financial and Insurance Services Commissioner Frank M. Fitzgerald announced three measures today that reduce unnecessary regulatory burdens on the financial institution and insurance industry. The measures...
