For context, I suggest that you read this Insurance Journal story that provides some details related to the bill that I want to discuss. Here’s the link: https://www.insurancejournal.com/news/southeast/2024/01/04/754264.htm. We put this Florida story in the “Politicians don’t understand insurance” file. …
The National Council of Insurance Legislators (NCOIL) said it elected a new slate of officers at its Annual National Meeting. Texas Representative Tom Oliverson will serve as president; New York Assemblywoman Pamela Hunter was elected as vice president; Minnesota Senator …
This is the conclusion of my series of posts about the different bills that states have put forward to force insurance companies to provide business income coverage for losses related to COVID-19. Insurers look for other areas to write business, …
This is third in a series of posts where I plan to respond to the bills that several states have filed to force insurance companies to pay business income claims related to COVID-19. Not reimbursing insurers means higher rates for …
This is the second in a series of posts where I am responding to certain pending legislation geared toward forcing insurance companies to pay for claims for losses related to virus and pandemic. Assessing insurers means assessing insureds Each of …
This is the first in a series where I intend to respond to pending legislation intended to force insurance companies to make loss related to virus or pandemic a covered cause of loss. There is a great temptation in the …
Rhode Island Governor Gina Raimondo cleared her desk of all pending legislation, signing more than 100 bills while vetoing three others. The Providence Journal reports that the Democratic governor vetoed bills that would have made it a felony to socially …
Gov. John Bel Edwards has vetoed three bills that would have changed Louisiana’s insurance laws, including two sought by the state’s insurance commissioner. The Republican-sponsored measures are the first bills struck by the Democratic governor from this year’s regular session. …
North Dakota Insurance Commissioner Jon Godfread has said that since taking office at the beginning of this year he has focused on ensuring the agency he runs is available and responsive to insurance consumers, producers and companies alike. As part …
Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015. Uninsured Motorist, “James Lee Atwood Jr. Law” The James Lee Atwood Jr. Law, named for a driver who was killed by an uninsured motorist in the …
