Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Kelso Criticizes CDI Management
Aug 10 2000 // Clark Kelso, who took the reins as California’s insurance commissioner after the July 10 resignation of Chuck Quackenbush, severely criticized the state’s Department of Insurance before the Senate Insurance...
NY High Court Grants Summary Judgement in
Aug 9 2000 // The Supreme Court of New York recently granted summary judgement in favor of New York Apple Tours Inc. by ruling that the company’s former insurer, TRM International Inc., had wrongfully and unlawfully cancelled NY...
NAIC Provides Testimony on Implementation of Gramm-Leach-Bliley
Jul 21 2000 // Taking the National Association of Insurance Commissioner’s regulatory reform agenda before the Congress, NAIC President and Kentucky Insurance Commissioner George Nichols said during Congressional testimony Thursday...
Clinton Signs New Mexico Fire Victims Legislation
Jul 14 2000 // President Clinton signed legislation yesterday designed to provide compensation to victims of recent New Mexico wildfires. The new bill will affect the owners of more than 400 homes destroyed by fires that were sparked in...
Washington D.C. Commercial Deregulation Bill Passes
Jul 13 2000 // Legislation to reduce government regulation of commercial insurance in Washington D.C. was approved by the District of Columbia Council. Under the legislation, large commercial risks are exempt from filing requirements for...
McConaghy Takes Reins at Rhode Island Department of Business Regulation
Jul 11 2000 // A former Rhode Island Department of Business Regulation attorney will be sworn in today as the department’s new director. Marilyn Shannon McConaghy was executive counsel to the DBR for the last two years and played a...
States Ratify $213.5 Million Settlement on Discriminatory
Jul 11 2000 // States representing more than 86 percent of the American General policyholders that paid race-based life insurance premiums have ratified a multi-million-dollar penalty and restitution settlement negotiated by Florida...
NAII Looks to Reverse Court Ruling, Files Friend of the Court Brief
Jul 11 2000 // The National Association of Independent Insurers (NAII) filed a friend of the court brief on June 28 asking for a reversal of a California Superior Court ruling related to the case of Lugo v. Allstate Insurance Company....
New Jersey Legislature Recesses for Summer; Insurance Issues Await Fall Action
Jul 10 2000 // The New Jersey legislature recessed for the summer without voting on major legislation that would allow new lawsuits. The New Jersey trial bar is supporting the bill, which would create a situation similar to that...
Washington State Supreme Court Ruling Seen Favorably by Industry
Jun 27 2000 // The Washington State Supreme Court’s unanimous decision affirming a lower court’s ruling that said insurers need not include all possible reasons for denying a claim when determining if they have a duty to...
Commercial Lines Deregulation Continuesto Gain Momentum at State Level
Jun 26 2000 // Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states have passed laws deregulating commercial lines to one degree or another. “In 2000, we had...
Calif. Judge Reconsiders Confidentiality Breach
Jun 23 2000 // A California Superior Court judge decided Wednesday to reconsider arguments in the Department of Insurance’s case to protect confidential market conduct exams released last year by the Senate. Sacramento Superior...
Calif. Judge Orders Quake Insurance Foundation Shut
Jun 22 2000 // A California judge has frozen the assets of the California Research and Assistance Fund until lawsuits on its disposition are resolved. Affirming an earlier tentative ruling, Sacramento Superior Judge John Lewis granted...
Senate Validates E-Signatures
Jun 19 2000 // An electronic signature bill approved by Congress last week contains important liability safeguards for independent agents according to the Independent Insurance Agents of America. S. 761—the Electronic Signatures in...
New York DOI to Appeal Regulation 68 Ruling
Jun 16 2000 // New York Superintendent of Insurance Neil D. Levin announced yesterday that the Department has filed a notice of intent to appeal a June 9 decision striking down Regulation 68 on a procedural technical basis. The filing of...
NAIC Picks Comm. Nelson To Lead Negotiations For Nationwide Settlement On Burial Insurance
Jun 14 2000 // The National Association of Insurance Commissioners, assembled near Orlando for its summer conference, has named Florida Insurance Commissioner Bill Nelson to lead nationwide settlement negotiations as the primary...
N.Y. Judge Overturns Car Insurance Rules
Jun 13 2000 // Stricter no-fault auto insurance regulations in New York state were overturned yesterday by a judge who ruled that state insurance officials had not considered the impact on injured people and the doctors who treat...
NAIC Adopts Resolution on Race Criteria, Small Face Value Products
Jun 13 2000 // Members of the National Association of Insurance Commissioners (NAIC) at the Summer National Meeting in Orlando yesterday approved a resolution to remedy the previous use of race as a criteria in underwriting and to...
Electronic Signature Agreement Reached
Jun 12 2000 // A final electronic signature legislation agreement was struck last week by House and Senate conference committee negotiators. It is expected to easily pass in both chambers before being sent to President Clinton for his...
Data Mining vs. PrivacyTrolling for new business leads has been the bane of insurance agents fo
Jun 12 2000 // Trolling for new business leads has been the bane of insurance agents for decades. Electronic data mining has eased the pain, but there are many gray areas as the call for consumer privacy grows louder. It was a bet with a...
