Latest Legislation Headlines

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

Fla. Senate Proposal Would Give Citizens Customers Relief

Jan 10 2007 // Customers of the state’s largest insurer, Citizens Property, would be spared a recent proposed 55 percent increase and see their rates frozen for a year under a massive bill proposed Monday by a state legislative...

Ind. Insurer Pulls Out of State Over Regulatory Action

Jan 10 2007 // An Indiana-based insurer is pulling out of West Virginia, saying regulatory action taken against it by the state forced the decision.Medical Savings Insurance of Indianapolis notified customers this month that it will not...

Dakotas Senators Push for Permanent Disaster Aid Program

Jan 10 2007 // Senators from the Dakotas are pushing for a permanent program to pay farmers and ranchers who have suffered devastating crop losses.North Dakota Sens. Byron Dorgan and Kent Conrad, both Democrats, and South Dakota...

S&P Assigns ‘BBB’ Rating to Catlin Debt

Jan 9 2007 // Standard & Poor’s Ratings Services announced that it “has assigned its ‘BBB’ long-term preliminary ratings to the proposed U.S. dollar-denominated, perpetual, subordinated, callable,...

Wis. Boasts Longest Serving Lawmaker in the Nation

Jan 9 2007 // Fred Risser jokes that he’s been in the Wisconsin Legislature so long, the state is tearing down buildings that he voted to construct.The Madison Democrat officially became the nation’s longest serving out of...

Utah Bill Would Mandate Insurance Pay for Gastric Bypass

Jan 9 2007 // Insurance companies would be required to cover gastric bypass surgery for morbidly obese residents under a bill the Utah Legislature will consider in the session that begins Jan. 15.A 386 pound man, Jeff Haaga, urged Rep....

Former California Lawmaker Gets High-Paying Appointment

Jan 8 2007 // Former California Sen. Liz Figueroa of Fremont, who lost a bid for her party’s nomination for lieutenant governor in June, will be paid $114,191 annually as a member of the California Unemployment Insurance Appeals...

Oregon promotes best practices with IMSA membership

Jan 8 2007 // The Oregon Insurance Division is recognizing the Insurance Marketplace Standards Association as a group that can help to establish “best practices” and promote consumer protection in the state. In a recent...

Enron’s legacies and directors’ and officers’ risk

Jan 8 2007 // Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron...

‘Snowbirds’ not protected by Florida state law, court rules

Jan 8 2007 // Part-time Florida residents and so-called “snowbirds” who insure their cars back home cannot make claims under Florida laws that may be more favorable to them than those in their own states, the state Supreme...

Insurance priorities for the U.S. Senate

Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...

La. judge: Insurers liable for water

Jan 8 2007 // Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and...

Insurance priorities for the U.S. Senate

Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...

Insurance priorities for the U.S. Senate

Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...

Insurance priorities for the U.S. Senate

Jan 8 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...

Insurance priorities for the U.S. Senate

Jan 7 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...

Insurance priorities for the U.S. Senate

Jan 7 2007 // Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit...

‘Snowbirds’ not protected by Florida state law, court rules

Jan 7 2007 // Part-time Florida residents and so-called “snowbirds” who insure their cars back home cannot make claims under Florida laws that may be more favorable to them than those in their own states, the state Supreme...

La. judge: Insurers liable for water

Jan 7 2007 // Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and...

10 La. judge says water may be covered

Jan 7 2007 // Ruling against La. Citizens could affect more insurers10 Survey says party hosts are underinsured Trusted Choice reports 28.5 million need more coverage12 Miss. AG’s Katrina lawsuit movedJudge rules state court more...