Latest Legislation Headlines

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

R.I. Ethics Panel Nixes Settlement with Former Senate President Irons

Apr 5 2007 // The Rhode Island Ethics Commission has rejected an offer by former Senate President William Irons to settle conflict-of-interest charges related to his business dealings with CVS Corp.After a closed-door meeting,...

Insurer Must Pay for Boy’s Breast Reduction Surgery, N.Y. Court Rules

Apr 5 2007 // An insurer that refused to pay for a teenage boy’s breast reduction on the grounds that it was cosmetic surgery must reimburse his father for the operation, an appeals court in New York has ruled.The Supreme...

Kentucky Coal Mine Widows Prove Powerful as Lobbyists

Apr 4 2007 // Claudia Cole would have considered herself an unlikely person to be a lobbyist in the state Capitol.She preferred the simple life of wife and mother. But when her husband was killed in a Kentucky coal mine, the country...

Insurers Support Limited Wind Pool Expansion in S.C.

Apr 3 2007 // Insurers have expressed support for a limited expansion of South Carolina’s wind insurance pool, as long as the state entity remains a market of last resort and does not offer rates that are competitive with private...

Ill. Judge Trims $3 Million from Chief Justice’s Defamation Verdict

Apr 3 2007 // A judge slashed $3 million from the damages a suburban Chicago newspaper must pay the chief justice of the Illinois Supreme Court in a defamation case.In November, a jury ordered the Kane County Chronicle and a former...

Hartford Specialty Risk Exec Sullivan to be Conn. Insurance Chief

Apr 3 2007 // Connecticut Governor M. Jodi Rell is naming a claims administration executive, Thomas R. Sullivan, to be the state’s insurance commissioner, replacing Susan Cogswell who is stepping down from the top regulatory post...

New Fla. Law to Lower Nationwide’s 54% Homeowners Hike

Apr 2 2007 // An arbitration panel has approved a statewide average increase of 54 percent for homeowners rates that Nationwide Insurance requested last year – but for many policyholders it will likely be much less because of a...

Miss. Supreme Court Assigns Judges to Hear Candidate Challenges

Mar 30 2007 // The Mississippi Supreme Court has assigned judges to hear challenges by candidates disqualified by political parties for statewide or legislative office.Most of those removed from the ballot filed as Democrats, but there...

Ill. House Approves Driving Certificates for Illegal Immigrants

Mar 30 2007 // The Illinois House voted Wednesday to give illegal immigrants a way to drive legally on the state’s roads, a move supporters say will be controversial but should improve highway safety.Illinois police organizations...

Firm Releases Study of Possible La. ‘Catastrophe Fund’

Mar 30 2007 // A private firm has released its study of how Louisiana would operate a “catastrophe fund,” one of several ideas lawmakers are considering to help ease the state’s property insurance crisis.The study...

Fla. Considers Storm Supply Tax Break, New Claims Law Glitch

Mar 30 2007 // Flashlights, radios, tarps and other hurricane supplies would be tax free for 12 days at the beginning of hurricane season, under a measure the Florida House has under consideration.Floridians received a similar tax break...

Judge Rules Spitzer Suit May Continue; Liberty Mutual Not Giving Up Fight

Mar 30 2007 // Liberty Mutual has vowed to continue its court fight against charges begun by former New York Attorney General Eliot Spitzer that it engaged in anti-competitive bid-rigging and broker compensation practices after a judge...

Revised Captive Laws in Effect in D.C.

Mar 30 2007 // Two changes to captive insurance laws passed by the Council of the District of Columbia went into effect on March 14, 2007. Supporters see the changes as giving captives more flexibility and making the District a more...

Tenn. House Leader Blames Republicans for Med Mal Failure

Mar 29 2007 // Tennessee House Judiciary Chairman Rob Briley on Tuesday said a compromise over medical malpractice lawsuits will not be passed because Senate Republican Leader Mark Norris reneged on part of the agreement.Briley,...

Consumer Groups Say Market Forces, Not Claims, Caused Med Mal Crisis

Mar 29 2007 // A consumer coalition has released a new study that disputes insurers’ contention that the most recent medical malpractice insurance crisis for doctors was caused by rising costs.The study, Stable Losses/Unstable...

Mass. Auto Report Urges Limited Price Competition; No Assigned Risk Change for Now

Mar 27 2007 // A special auto insurance study group appointed by Massachusetts Gov. Deval Patrick has recommended modest changes to introduce limited pricing competition while warning against a proposed overhaul of the state’s high...

Bipartisan Flood Insurance ‘Modernization’ Bill Boosts Borrowing, Maximum Limits

Mar 27 2007 // U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that boosts the program’s borrowing authority to $21.5 billion, increases...

A.M. Best Cites 15 P/C Insurers as Financially Impaired in 2006

Mar 27 2007 // Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among...

Handle customer data with care – it’s the law

Mar 26 2007 // Insurance agents and brokers constantly deal with customers’ personal information. Yet many in the industry may not be aware of the legal requirements for handling or storing this information.How should agents and...

Court ruling indicates claims made policy language ambiguous

Mar 26 2007 // A recent San Diego Superior Court ruling serves as a potential warning to legal malpractice insurers to review policy language to ensure their claims made policies can’t be more broadly construed as occurrence...