All the headlines from our Legislation Topic Page, ordered by recency.
Nov 12 2007 // The nation’s reinsurance industry is criticizing Congressional natural disaster legislation as raising false hopes about addressing the homeowners insurance market in areas prone to hurricanes, at the expense of U.S....
Nov 9 2007 // A day after a similar bill was introduced in the Senate, the House of Representatives passed federal legislation to help hurricane and disaster-prone states make property insurance more readily available to residents...
Nov 8 2007 // A Michigan state Senate panel on Tuesday voted to change health care benefits for future lawmakers when they retire.After working six years, current lawmakers qualify to get 90 percent of their health care covered once...
Nov 8 2007 // Sean McGovern, Lloyd’s Director and General Counsel, accused the opponents of reforming the U.S. collateral trust rules on reinsurance of introducing the “latest red herring” into the debate.In a strongly...
Nov 7 2007 // Massachusetts has three dates coming up that could be turning points in determining who gives thanks for the state’s new managed competition auto insurance system and who rates it a turkey.Insurance Commissioner...
Nov 7 2007 // Much to many insurance companies’ dismay, Washington voters approved Referendum 67 yesterday, with 520,667 or 57 percent of voters in favor of the initiative to allow insureds to collect triple damages if their...
Nov 6 2007 // Standard & Poor’s has published an “Industry Report Card” on Europe’s insurers, which examines their situation “in the aftermath of the subprime credit crunch,” the findings of an...
Nov 6 2007 // The Florida Office of Insurance Regulation approved a new multi-peril commercial non-residential insurance program for Citizens Property Insurance Corp.The new multi-peril product provides up to $2.5 million in coverage....
Nov 5 2007 // New York Insurance Superintendent Eric Dinallo today released a draft regulation that he says would make the New York Insurance Department the first in the nation to establish principles-based regulation. The draft...
Nov 4 2007 // Massachusetts Insurance Commissioner Nonnie Burnes has taken on the minefield of private passenger auto insurance, overseeing a transition from a highly-regulated rating system to one under which insurance companies are to...
Nov 4 2007 // More members of Congress hail from backgrounds as state legislators than any other occupation. This means that the exposure of these former state-turned-federal lawmakers to insurance issues typically involved auto...
Nov 4 2007 // The key House leader on insurance issues says he will push for a 120-day extension of the federal terrorism reinsurance program that expires at year’s end rather than simply accept the Senate bill that is narrower in...
Nov 4 2007 // $15.3 millionMich.-based North Pointe Holdings Corp. signed an agreement for the sale of its Home Pointe Insurance Co. subsidiary, which comprises North Pointe’s Florida homeowners and dwelling fire operations, to...
Nov 4 2007 // More members of Congress hail from backgrounds as state legislators than any other occupation. This means that the exposure of these former state-turned-federal lawmakers to insurance issues typically involved auto...
Nov 4 2007 // California Insurance Commissioner Steve Poizner along with officials from California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) in Sacramento and San Francisco announced...
Nov 4 2007 // Only 22 percent of in-house counsel said they expect to see the number of legal disputes their companies face increase over the next 12 months; a year ago, 33 percent said they were anticipating a rise in lawsuits...
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
Nov 2 2007 // NASA is abandoning its secrecy claims and promising to reveal results of an unprecedented federal aviation survey that found aircraft near collisions, runway interference and other safety problems occur far more often than...
Nov 2 2007 // The Foundation for Taxpayer and Consumer Rights is claiming a former insurance industry lawyer, a senior counsel to California Insurance Commissioner Steve Poizner, covertly assisted insurance companies in a lawsuit they...
Oct 31 2007 // A New Hampshire lawmaker wants the Legislature to send drivers a clear message: stop sending text messages while driving!Nashua Democrat David Campbell has filed the paperwork for a bill to ban two-handed texting or typing...