All the headlines from our Legislation Topic Page, ordered by recency.
Sep 15 2008 // This year’s California legislative session has been a relatively positive one for property/casualty insurers and their customers, according to the Association of California Insurance Companies.Legislators generally...
Sep 15 2008 // Assurant Specialty Property and National ID Recovery (NIDR) have launched a Red Flag ID fraud detection, notification and protection program for financial institutions and credit unions.Red Flag ID Fraud Solutions is a...
Sep 12 2008 // Alcoa Inc. can be sued for the asbestos-related death of a former worker’s daughter, the Tennessee Supreme Court ruled.The Pittsburgh-based company had argued that it should not be held responsible for Maryville...
Sep 11 2008 // The Maryland Court of Appeals has ruled that drug manufacturer Eli Lilly was not liable for a fatal accident caused by a user of one of its diabetes drugs who blacked out while driving and crashed into another...
Sep 11 2008 // The National Association of Mutual Insurance Companies (NAMIC) named Sen. Susan M. Collins, R-Maine, as its Federal Legislator of the Year. “Senator Collins has a great understanding and appreciation of the...
Sep 10 2008 // Florida Insurance Commissioner Kevin McCarty ordered State Farm Florida to issue credits or refunds totaling $120 million to current and former policyholders who did not apply for or who did not receive the windstorm loss...
Sep 10 2008 // A Mississippi couple who accused their insurance company of using fraudulent Hurricane Katrina damage reports to keep from paying claims now says there’s no evidence the insurer acted negligently or in bad faith.A...
Sep 10 2008 // Recent construction crane accidents causing injuries and accidents in Texas and elsewhere have prompted the Texas Department of Insurance to urge employers and employees to use safety precautions when operating cranes.In...
Sep 9 2008 // With Democratic and Republican legislators unable to agree on a budget since California’s fiscal year began on July 1, 2008, many state services — as well as insurance bills — are at a standstill. Gov....
Sep 9 2008 // California’s Division of Workers’ Compensation has adopted revised ethics regulations governing workers’ compensation judges. According to the DWC, the rules and regulations “are designed to enforce...
Sep 8 2008 // Iowa Gov. Chet Culver on on September 5 demanded that federal officials release $85 million in disaster assistance within the next 10 days, or he’ll summon the Legislature back into a special session to find money to...
Sep 1 2008 // Legislation that would allow insurers to more accurately base auto insurance premiums on how many miles a motorist drives passed the California Senate Appropriations Committee.Proposition 103 requires insurers to set...
Sep 1 2008 // Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of London’s transformation offers some insights as to how such...
Sep 1 2008 // Surplus lines insurers continued to outperform the property/casualty industry in underwriting and operating performance in 2007 despite the softening market and more aggressive competition. Heightened competition along...
Aug 29 2008 // A judge has upheld the verdict in the case of a North Dakota couple who were awarded more than $2 million in a lawsuit against an insurance company. Timothy and Sylvia Moore of Mountain sued American Family Insurance after...
Aug 27 2008 // In its latest report on the insurance market in the Sultanate of Oman, Standard & Poor’s Ratings Services says that despite the heavy losses from Cyclone Gonu in 2007, the sector has much to commend...
Aug 27 2008 // California Insurance Commissioner Steve Poizner has proposed regulations that would make green auto insurance option available for California consumers. If implemented, pay-as-you-drive auto insurance would allow motorists...
Aug 25 2008 // A state appeals court ruled Aug. 22 that Texas insurance regulators did not have the authority to issue a disciplinary order against State Farm Lloyds, the state’s largest home insurer, for charging rates it had...
Aug 25 2008 // Insurance companies in Michigan no longer will be able to use customers’ credit scores to set home and auto insurance premiums if a state Court of Appeals ruling stands.The 2-1 decision released Friday, August 22...
Aug 25 2008 // Efforts to overhaul U.S. financial regulation are seen gathering pace early next year, as a new Congress and administration seek to safeguard public money put at risk by recent rescue measures.The Federal Reserve’s...