All the headlines from our Legislation Topic Page, ordered by recency.
Jun 7 2007 // A package passed by Hawaii lawmakers that would save businesses an estimated $151 million over the next three years has become law.The new law, which takes effect Jan. 1, 2008, will drastically cut the taxable wage base...
Jun 7 2007 // Connecticut lawmakers moved closer Wednesday toward providing health insurance to more of Connecticut’s estimated 370,000 people without coverage, but the legislation was threatened by a budget impasse at the...
Jun 6 2007 // Insurers recently asked state regulators to oppose a bill pending in Congress that would eliminate the exemption insurers currently receive from some federal antitrust laws.At the National Association of Insurance...
Jun 6 2007 // The Property Casualty Insurers Association of America commends Gov. Mark Sanford and the South Carolina Legislature for advancing an agenda of reform aimed at strengthening the state’s coastal insurance market.Today...
Jun 5 2007 // The Supreme Court sided with two insurance companies Monday in a case involving alleged violations of the Fair Credit Reporting Act.The law requires insurance companies and other businesses to notify customers who are...
Jun 4 2007 // Insureds would receive premium discounts for storm mitigation efforts and be able to establish tax-free personal catastrophe savings accounts while insurers would receive tax breaks for writing coastal properties under...
Jun 4 2007 // Insurance industry associations are criticizing Washington Gov. Chris Gregoire for signing into law the Insurance Fair Conduct Act, a measure they say will raise insurance costs.The law, which will take effect on July 22,...
Jun 4 2007 // Insureds would receive premium discounts for storm mitigation efforts and be able to establish tax-free personal catastrophe savings accounts while insurers would receive tax breaks for writing coastal properties under...
Jun 4 2007 // National Insurance Partners Inc. (NIP), a Texas-based risk management and financial solutions firm, has appointed William E. Harrison, Jr. as president.Harrison brings 16 years of experience in the insurance industry to...
Jun 4 2007 // Washington Insurance Fair Conduct Act becomes lawInsurance industry associations are criticizing Washington Gov. Chris Gregoire for signing into law the Insurance Fair Conduct Act, a measure they say will raise insurance...
Jun 4 2007 // For years, environmental issues, including issues arising from global warming, have hovered on the periphery of concerns affecting directors’ and officers’ liability exposure. But an April 2, 2007, decision by...
Jun 1 2007 // State Farm will be able to cut its car insurance rates by about 16 percent on average if lawmakers do not continue the state’s no-fault accident system, state insurance regulators ruled this week.The Office of...
Jun 1 2007 // The South Carolina Senate has approved omnibus legislation that backers hope will ease the insurance cost and availability crunch facing coastal property owners in the state by providing discounts and tax breaks.The...
Jun 1 2007 // Sonnenschein Nath & Rosenthal LLP has named David F. Hauge a partner in the Insurance Regulatory Practice Group, in the company’s Los Angeles office. Hauge has more than 30 years of experience in the insurance...
May 31 2007 // Standard & Poor’s Ratings Services has issued a report – “Beware Solvency II: As The 2010 Implementation Date Looms Closer, European Insurers Should Ignore It At Their Peril” -, warning the...
May 31 2007 // New York Governor Eliot Spitzer has created a commission to identify ways for New York to enhance its status as a world financial capital by modernizing its regulatory scheme and perhaps merging state regulation of...
May 30 2007 // The largest association of commercial insurance buyers has stepped-up its opposition to the acceptance of contingent compensation by any agent or broker, calling such compensation “an inherent conflict of...
May 30 2007 // “Too much regulation” tops the list of industry concerns according to a recent survey compiled by the Centre for the Study of Financial Innovation (CSFI) in association with PricewaterhouseCoopers LLP. The...
May 30 2007 // Halfway through the legislative session, spending plans and tax cut proposals are at odds, insurance relief proposals in post-hurricane Louisiana are under negotiation, and most major bills still are awaiting...
May 29 2007 // The Texas Legislature unanimously passed House Bill 1602, by Rep. Corbin Van Arsdale (Tomball). The legislation is designed to protect Texas ports against frivolous lawsuits that threaten the state’s economy,...