Latest Legislation Headlines

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

Solve the multi-state surplus tax problem now

Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116-year history of the industry. In...

Solve the multi-state surplus tax problem now

Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...

Fla. Insurance Council to push mitigation efforts

Mar 20 2006 // With more than $30 billion in claims over the past two hurricane seasons in Florida, the Florida Insurance Council has announced it will ask lawmakers now meeting in Tal-lahassee to support mitigation efforts to combat the...

Three IIAG-supported bills introduced in Georgia Legislature

Mar 20 2006 // The Independent Insurance Agents of Georgia suggested three bills that were introduced to the Georgia Legislature to address Certificates of Insurance for subcontractors and workers’ compensation issues. Rep. Mike...

Gov. Baldacci Signs Bill to Assist Maine Identity Theft Victims

Mar 20 2006 // Mainers who become victims of identity theft are getting some help from the Legislature, which enacted a bill that follows up on State House action taken last year.A bill signed by Gov. John Baldacci clarifies the process...

Catching up with region’s insurance politics

Mar 20 2006 // In the Northeastern and Atlantic states, elected politicians are in the thick of deciding on legislation that could affect insurers, insurance agents and their insureds.New Jersey lawmakers are considering restoring...

Agents: Federal proposal will be Trojan horse for optional federal charter

Mar 20 2006 // The National Association of Professional Insurance Agents recently reaffirmed its opposition to any proposals that call for a so-called “optional” federal charter for insurers.“Those who want to dismantle...

Texas, Louisiana surplus lines premium decreases in 2005

Mar 20 2006 // Insurance Journal South Central–Arkansas, Louisiana, Oklahoma and Texas–vary widely in the amount of premium written in any given year. Texas has the biggest surplus lines market, followed by Louisiana,...

Solve the multi-state surplus tax problem now

Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...

Solve the multi-state surplus tax problem now

Mar 20 2006 // The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In...

Multi-state class actions could infringe on state regulators

Mar 20 2006 // Allstate Insurance Co., the National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America have joined forces requesting a review of a Court of Appeals decision involving a...

S.C. Big “I” topics: Legislation, fraud

Mar 20 2006 // Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during the March 22 and 23 annual...

By Patricia A. Borowski

Mar 19 2006 // While Congress’ insurance regulatory reform efforts appear stalled as 2006 begins, it is important to note that the states continue to move forward. These efforts require all the states to continue to move their...

Pa. Gov. Rendell Vetoes Homebuilder Damages Cap Deemed Unconstitutional

Mar 19 2006 // Pennsylvania Gov. Ed Rendell has vetoed legislation that would have capped the damage award homebuilders must pay for faulty work and regulated the ability of property owners to sue.The legislation had been deemed...

US Airways can’t collect for 9/11 disruption, court rules

Mar 19 2006 // US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal government, the Virginia Supreme Court ruled March 3, according to an Associate Press...

Legislative Update

Mar 19 2006 // The Independent Insurance Agents of Georgia has suggested three bills and is closely watching over a dozen bills being proposed in this session of the Georgia Legislature.The Independent Insurance Agents of Georgia...

Legislation, fraud

Mar 19 2006 // S.C. Big ‘I’ topics:Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during...

Fla. Insurance Council to push mitigation efforts

Mar 19 2006 // FIC supports efforts to strengthen the Florida Uniform Statewide Building Code by requiring shutters, impact-resistant glass or other opening protections on all new construction where winds of 120 miles or greater have...

SPECIAL REPORT: Surplus Lines

Mar 19 2006 // With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry...

Regulators Adopt Model Criminal History Record Check

Mar 17 2006 // The National Association of Insurance Commissioners’ (NAIC) Market Regulation & Consumer Affairs (D) Committee recently adopted the Authorization for Criminal History Record Check Model Act during the NAIC...