Latest Legislation Headlines

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

Alabama Hearing Highlights Catastrophe Plan Options

Sep 26 2007 // Whether the nation needs a federal or other governmental program to deal with insurance costs and availability for natural catastrophes in U.S. coastal states was the central question at a public hearing in Mobile, Ala.,...

Insurers Urge Congress to Level Bermuda Insurers’ Tax Playing Field

Sep 26 2007 // An industry executive, representing a coalition of 14 large U.S.-based insurance groups, told the U.S. Senate Finance Committee on Wednesday that a major tax advantage for certain foreign insurance groups could threaten...

Feds Sues Ill. Saying New Law Hinders Illegal Immigration Crackdown

Sep 26 2007 // The Federal government is suing Illinois over a new state law it says complicates federal efforts to crack down on illegal immigration.The Illinois law would prevent employers from participating in a federal program that...

Maine Court: Deputy Injured by Own Police Car Covered by Personal Policy

Sep 25 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...

Ky. Gov. Proposes Compromise for Medical Malpractice Cases

Sep 25 2007 // In a blunt assessment to fellow doctors, Kentucky Gov. Ernie Fletcher said Monday that chances of limiting pain-and-suffering damages in medical malpractice cases are bleak because of resistance from some state lawmakers....

Judge throws out all federal antitrust charges against insurers, brokers

Sep 24 2007 // No evidence found to support charges of a global conspiracy among commercial brokers and insurersFinding the charges lack any factual support, a federal judge has dismissed a big antitrust conspiracy case that was lodged...

Prospects and pitfalls in a changing global insurance world

Sep 24 2007 // The ‘rest of the world’ offers new opportunities for growth, but not without riskNo European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in...

Alabama realtors call for coastal insurance relief

Sep 24 2007 // Owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums and insurance legislation to make coverage available and affordable on the coast...

Lawyers should not dismiss lawyers’ professional liability coverage

Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a...

Calif. high court rules discovery does not apply to reinsurance documents

Sep 24 2007 // The California Supreme Court has ruled that a statute authorizing limited discovery of a defendant’s insurance coverage does not include authorization to look into reinsurance agreements as part of facilitating a...

CEA funding structure to be revamped under legislation sent to governor

Sep 24 2007 // By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the...

Florida’s private insurers try to be heard amid political storm

Sep 24 2007 // Protesters gathered on the steps of the old Florida Capitol to protest the high cost of property insurance rates in January in Tallahassee. The Legislature was in special session to pass homeowners insurance legislation....

CEA funding structure to be revamped under legislation sent to governor

Sep 24 2007 // p:By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the...

Prospects and pitfalls in a changing global insurance world

Sep 24 2007 // No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German...

News Currents

Sep 24 2007 // Industry skeptical, while Treasury opposes natural disaster poolFederal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market has been greeted with a lukewarm...

Alabama realtors call for coastal insurance relief

Sep 24 2007 // Owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums and insurance legislation to make coverage available and affordable on the coast...

Industry skeptical, while Treasury opposes natural disaster pool

Sep 24 2007 // Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market has been greeted with a lukewarm insurance industry reaction at best and outright opposition from...

Declarations

Sep 24 2007 // DeclarationsDrive efficiencies “This will result in greater transparency in the rate-making process, increased price competition and lower premiums for employers because it will drive carriers to achieve greater...

Need for lawyers PL coverage increasing

Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone, other than perhaps insurance professionals, about the perils that exist and the value of...

Burnes: four insurers eyeing deregulated Mass. auto market

Sep 24 2007 // Massachusetts Insurance Commissioner Nonnie Burnes says four insurers not now writing auto insurance in the state have said they might enter if her plan to allow competitive pricing goes forward.Burnes is not naming the...