All the headlines from our Legislation Topic Page, ordered by recency.
Apr 17 2006 // The participants included:•Scott B. Moritz, director of KPMG Forensic; •Hugh C. Kelly, principal of Financial Risk Management;•Joanna Taylor, senior associate for Financial Risk Management;•Linda H....
Apr 14 2006 // With Spring meetings of the Florida Legislature coming to an end in Tallahassee in May, the Florida Insurance Council has summarized insurance-related bills now being considered in the House and Senate. Sam Miller,...
Apr 14 2006 // Homeowners’ insurance regulations proposed by the Department of Insurance would result in higher premiums for many Californians, force insurers to charge unfair homeowner rates and cause subsidies among...
Apr 13 2006 // The New Mexico Public Regulation Commission extended for another 30 days the administrative leave of state Insurance Superintendent Eric Serna, who said he is “absolutely certain” he has done nothing wrong.The...
Apr 13 2006 // Rhode Island’s largest workers compensation carrier, Beacon Mutual Insurance Co., has engaged in a pattern of favoritism benefiting select clients and agents; won and retained employer accounts by cheating on pricing...
Apr 13 2006 // A Pennsylvania judge was asked to determine whether a $4 million verdict in a birth malpractice case is too large because a hospital said it could go bankrupt if it is forced to pay the damages.Attorneys for Trudy and...
Apr 13 2006 // A judge in Gulfport, Miss. has refused to restrict Mississippi Attorney General Jim Hood from reviewing documents that State Farm Insurance Co. is required to turn over to other investigators in Hood’s office.State...
Apr 13 2006 // A federal judge in Mississippi has upheld the water damage exclusion in homeowners insurance policies in a ruling welcomed by insurers.U.S. District Judge L.T. Senter, Jr. of the Southern District of Mississippi denied a...
Apr 13 2006 // A day after a committee chaired by former Rhode Island Gov. Lincoln Almond issued a report highly critical of Beacon Mutual, current Governor Donald L. Carcieri is demanding that the chief executive officer and vice...
Apr 12 2006 // The Florida Independent Insurance Agents have responded with a call to action in which it asks its members to make their opinions heard in Washington about Federal Charter Legislation proposed by the U.S. Senate.“On...
Apr 12 2006 // The American Insurance Association has called comments about federal legislation dealing with optional national insurance regulation made on behalf of the Consumer Federation of America “misleading.”Further,...
Apr 12 2006 // The chief executive of Rhode Island’s largest workers compensation carrier, Beacon Mutual Insurance Co., figures he could be looking for a new job as early as June if Governor Donald Carcieri gets his way.CEO Joseph...
Apr 12 2006 // Oklahoma Insurance Commissioner Kim Holland reported that the state senate passed the Interstate Insurance Product Regulation Compact, a measure Holland said was a priority for her, by a vote of 42-0.The measure passed the...
Apr 12 2006 // The Property Casualty Insurers Association of America (PCI) is asking the Arizona Senate to vote no on House Bill 2063, a bill that it says would make it more difficult for insurers to provide consumers important...
Apr 11 2006 // Education was the main reason that lawmakers returned to Little Rock, Ark., last week, but a statewide smoking ban provided the most drama.Gov. Mike Huckabee’s proposal to ban smoking in most workplaces –...
Apr 11 2006 // Speaking to an international group of officials from the insurance and finance sector, the National Association of Insurance Commissioners’ President Alessandro Iuppa delivered the keynote address at the 22nd Progres...
Apr 11 2006 // Fitch Ratings has affirmed and removed from its Rating Watch Negative all of its ratings on American International Group, Inc. (AIG) and subsidiaries.Fitch originally placed AIG on Rating Watch Negative in March 2005. In...
Apr 10 2006 // As Senate Banking committee members in Washington begin the debate over creating a new federal regulatory scheme for what is now state-regulated insurance, state lawmakers across the country are voicing their agitation...
Apr 10 2006 // Owners of homes worth more than $1 million could continue to get hurricane coverage from state-run Citizens Property Insurance until 2011, but would pay a 25 percent surcharge for their coverage under a measure approved...
Apr 10 2006 // State Insurance Superintendent Eric Serna was suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating his office.Attorney General Patricia Madrid said an...