Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

The offshore reinsurance tax debate resurfaces in Congress again

Oct 8 2007 // An industry executive, representing a coalition of 14 large U.S.-based insurance groups, told the U.S. Senate Finance Committee late last month that a major tax advantage for certain foreign insurance groups could threaten...

Maine laws on bike helmets, seat belts, teens’ cell phone use

Oct 8 2007 // Like other driving instructors across Maine, Dwight Hawkins has a new lesson to add to his course this fall: If you’re under 18 and behind the wheel, lose the cell phone.As of Sept. 20, a new Maine law will prohibit...

Fired-up over safer cigarettes

Oct 8 2007 // Cigarettes sold in 21 states will be self-extinguishing after a strikingly high 15 states passed new laws this year to combat smoking-related blazes, the No. 1 cause of home-fire deaths.“Fire-safe” cigarettes,...

News Currents

Oct 8 2007 // Mass. consumer groups say auto deregulation plan needs workA Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the...

Maine cop hit by stolen police car covered

Oct 8 2007 // A sheriff’s deputy who was run over by his own police vehicle after it was stolen by a Jefferson man on Christmas five years ago is entitled to compensation from his personal car insurance company, Maine’s...

News Currents

Oct 8 2007 // Ky. Gov. Fletcher wiling to compromise on medical tort reformIn a blunt assessment, Kentucky Gov. Ernie Fletcher told fellow doctors recently that chances of limiting pain-and-suffering damages in medical malpractice cases...

Editor’s Note: Wind, water and legislative storm

Oct 8 2007 // At the center of the controversy is a provision by Congressman Gene Taylor of Mississippi that would expand the NFIP to include an optional multiple peril policy — to allow property owners to purchase wind and flood...

News Currents

Oct 8 2007 // Proponents push plans for natural catastrophe insurance solutionsFederal backstop proposals aired at NAIC public hearing in Alabama The need for solutions to address insurance costs and availability in natural...

Editor’s Note: Wind, water and legislative storm

Oct 8 2007 // More than two years have gone by, but no one can forget the devastating effects Hurricane Katrina had on the Gulf Coast. Yet legislators and industry leaders continue to debate how to prevent future problems associated...

News Currents

Oct 8 2007 // California clarifies surplus lines rules for retail agentsCalifornia retail agent-brokers not transacting insurance on behalf of surplus line broker organizations are not required to follow a new law affecting surplus...

Washington insurers, trail lawyers at odds over treble damages

Oct 8 2007 // With millions in campaign contributions and plenty of name-calling, trial lawyers and insurance companies in Washington are doing their best to spice up this fall’s otherwise ho-hum statewide vote. At issue is...

Supreme Court to hear case pitting federal v. state product liability laws

Oct 8 2007 // The Supreme Court said late last month that it will decide a case that centers on whether federal regulation of pharmaceuticals preempts state law.The case involves a product liability lawsuit against Pfizer’s...

News Currents

Oct 8 2007 // The offshore reinsurance tax debate resurfaces in Congress againDomestic-owned insurers claim Bermuda-based companies hold an unfair tax advantage An industry executive, representing a coalition of 14 large U.S.-based...

News Currents

Oct 8 2007 // House-passed flood insurance bill provides optional windstorm coverageThe U.S. House of Representatives has passed a measure updating the nation’s flood insurance program that will give homeowners the option of...

Florida Legislature Passes No-Fault Car Insurance for Jan. 1 Return

Oct 6 2007 // Florida drivers, you may want to be a little more careful than usual for the rest of the year.Despite the fact that it caused a lot of late nights and tension for lawmakers and lobbyists this month, most people in Florida...

N.Y. Proposes ‘Rainy Day’ Catastrophe Insurance Fund With Eventual Tax Break

Oct 5 2007 // Insurance companies providing homeowners, business and other property insurance in New York State would be required to create a catastrophe reserve fund to help pay claims caused by hurricanes and other natural disasters...

Safety Group Opposes Ill. Senate Bill that Increases Truck Speed Limits

Oct 4 2007 // A safety group is speaking out about the what they say are the dangers of the override of Illinois SB 540, which allows large tractor-trailer trucks to travel on rural, four-lane highways at the same speed limits as...

Fla. Governor: Some Insurance Rate Filings Will Likely be Rejected

Oct 4 2007 // Despite a Florida law passed in January that officials promised would lower property insurance rates, many companies this week have requested to raise rates. Gov. Charlie Crist said, however, that insurance regulators...

For Small Fla. Insurer, Sunshine State Brings Storm Clouds

Oct 3 2007 // From “Happy Days” to “The Perfect Storm” is how one Florida insurance executive describes her state’s turbulent and defining years between 2003 and 2007 – and she isn’t talking...

Fla. Releases Medical Malpractice Report, Favorable Trend Continues

Oct 3 2007 // A recent state-sponsored report showed a continuing trend of recovery for the Florida medical malpractice industry – an industry that experienced double-digit rate increases and lack of availability prior to the 2003...