All the headlines from our Legislation Topic Page, ordered by recency.
Dec 28 2006 // The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized...
Dec 26 2006 // New Jersey lawmakers and policy experts are working on a plan to overhaul the state’s health care system that would require all New Jerseyans to carry medical insurance but would keep the policies affordable for...
Dec 25 2006 // The families of the Sago Mine victims aren’t the only ones who want more answers from the state about what went wrong Jan. 2. The United Mine Workers says the state’s theory is “cockamamie” and begs...
Dec 25 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
Dec 25 2006 // The fight to save contingent commissions topped the minds of agents across the nation as a few select states drove public policy efforts to end their use by insurers. The industry grabbed hold of predictive modeling and...
Dec 25 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
Dec 25 2006 // Tort reform impact “It’s difficult to say whether tort reform measures have impacted this slow down in tort costs growth. We have yet to see what, if any, impact the class action reform legislation that was...
Dec 25 2006 // Terrorism, corporate scandals and regulation make way for institutional changeWhat professional liability exposures do financial institutions face today? Have risks significantly changed since 2001? If so, why? Major...
Dec 25 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
Dec 25 2006 // No long-term negatives “Fortunately lawmakers did not pass legislation that will have negative long-term consequences for consumers and the insurance market.”— Greg LaCost, assistant vice president and...
Dec 25 2006 // In 2006, the Midwest experienced the impact of contingent commission settlements based on the actions of several attorneys general and a myriad of court rulings on insurers’ use of credit, liquor liability and...
Dec 24 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
Dec 24 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
Dec 24 2006 // Tort reform impact“It’s difficult to say whether tort reform measures have impacted this slow down in tort costs growth. We have yet to see what, if any, impact the class action reform legislation that was...
Dec 24 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
Dec 24 2006 // What professional liability exposures do financial institutions face today? Have risks significantly changed since 2001? If so, why?Major events have had a direct impact on insurers, agents and the industry and have...
Dec 22 2006 // A judge has denied a request from a homeowner to immediately block Louisiana Citizens Property Insurance Corp. from raising rates, but will consider arguments that the state’s insurer of last resort is...
Dec 22 2006 // A federal appeals court has ruled in favor of a Maine car salesman who says he was unjustly fired while taking medical leave that should have been protected by state law.The 1st U.S Circuit Court of Appeals on Monday...
Dec 21 2006 // Oklahoma Attorney General Drew Edmondson’s office will propose legislation to expand his Consumer Protection Unit’s prosecutorial authority. In a release, Edmondson said a case he recently filed, which concerns...
Dec 21 2006 // 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...