Latest Legislation Headlines

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

It’s not their father’s E&O policy anymore

Mar 6 2006 // Owners of mid-size companies used to make relatively easy, straightforward decisions on what types of insurance to buy. They would purchase property insurance for the buildings; liability for the autos, premises and...

Insurance customers would benefit from updated regulation

Mar 6 2006 // Inarguably, the current state-based insurance regulatory system is a dysfunctional relic that has stifled property/casualty product creativity for years.This patchwork regulatory system is filled with wasteful inefficiency...

S.C. controversy rages over workers’ comp overhaul

Mar 6 2006 // There isn’t any question about overhauling South Carolina’s workers’ compensation system, but there is a lot of disagreement about how to accomplish this feat. Workers’ compensation reform is on the...

S.C. CONSIDERING ASBESTOS REFORM BILL

Mar 6 2006 // To avoid the asbestos litigation crisis some states have experienced, South Carolina lawmakers have introduced legislation that will require plaintiffs to meet specific medical criteria in order to bring or pursue an...

Insurance Customers Would Benefit From Updated Insurance

Mar 6 2006 // Inarguably, the current state-based insurance regulatory system is a dysfunctional relic that has stifled property/casualty product creativity for years. This patchwork regulatory system is filled with wasteful...

AIA SUPPORTS A MODERNIZED INSURANCE REGULATORY SYSTEM THAT WOULD:

Mar 6 2006 // AIA SUPPORTS A MODERNIZED INSURANCE REGULATORY SYSTEM THAT WOULD: Provide uniform and efficient regulation. Empower consumers by enabling insurers to respond quickly and creatively to their needs. Allow the competitive...

Conn. Lawmakers Try Again to Ban Open Liquor Containers in Cars

Mar 6 2006 // For years, legislation has been introduced in the General Assembly that would ban open containers of beer and liquor from cars. And for years it has been defeated.Proponents are trying again. “I’m the eternal...

Fla. Congressman Files Catastrophe Savings Account Legislation

Mar 6 2006 // Legislation to create Catastrophe Savings Accounts to give Florida homeowners the opportunity to put aside tax-free money to financially prepare for major catastrophes has been filed by Congressman Tom Feeney from Orlando,...

Insurers discuss top issues with Fla. legislators

Mar 6 2006 // In preparation for March sessions of the Florida Legislature, the Property Casualty Insurers Association of America hosted its first annual Legislative Conference, which brought insurance industry executives to...

Alabama Big ‘I’ supports five bills, rejects two

Mar 6 2006 // Alabama HB627 defining insurance fraud and making it easier for the Insurance Commission to join with neighboring states to crack down on fraud has gained the support of the Alabama Independent Insurance Agents. During...

Colo. wants industry to account for rising rates

Mar 6 2006 // The insurance industry came out strongly against a Colorado measure that would require it to disclose claims, payouts and rates, telling lawmakers a plan to increase regulation of their industry would drive up costs and...

Wyoming litigation legislation could hurt consumers

Mar 6 2006 // Wyoming legislation designed to allow unprecedented insurance-related lawsuits in the state would significantly increase fraud, lawsuits and insurance costs for Wyoming consumers, according to the Property Casualty...

COLO. MEDICAL PAYMENT COVERAGE BILL DEFEATED

Mar 6 2006 // Legislation to force Colorado consumers to buy medical payment coverage was narrowly defeated in the Colorado House.House Bill 1036, killed by a one-vote margin, would have required insurers to provide $5,000 medical...

Today’s service firms must look beyond their father’s E&O

Mar 6 2006 // Owners of mid-size companies used to make relatively easy, straightforward decisions on what types of insurance to buy from their local agent. The owners would purchase property insurance for the buildings; liability for...

PCI urging Colo. lawmakers to reject insurance data reporting bill

Mar 6 2006 // The Property Casualty Insurers Association of America (PCI) testified before the Colorado House Business Affairs and Labor Committee that legislation HB 1330, which would impose extensive new data reporting requirement on...

Nev. Supreme Court ruling beneficial to state

Mar 6 2006 // A Nevada workers’ union is praising a state Supreme Court ruling that upheld claims of 40 former state employees who sought more pension credits because their jobs were privatized.The State of Nevada Employees...

Wash. approves anti-fraud unit, will protect privacy during investigations

Mar 6 2006 // Washington state officials have amended and approved legislation that would create an insurance anti-fraud unit in the insurance commissioner’s office, according to the Property Casualty Insurers Association of...

Calif. commissioner issues new workers’ compensation regulations

Mar 6 2006 // California Insurance Commissioner John Garamendi has announced new workers’ compensation regulations that will require all insurers in the state to submit certification forms that verify that claims adjusters and...

Updating regulatory system would remove hurdles, benefit customers

Mar 6 2006 // The current state-based insurance regulatory system is a dysfunctional relic that has stifled property/casualty product creativity for years. This patchwork regulatory system is filled with wasteful inefficiency that is...

Commissioners Face Long List of Topics in Orlando

Mar 3 2006 // Reference to the National Catastrophe Insurance Plan is prominently absent from the National Association of Insurance Commissioner’s agenda as NAIC kicks off its March 4-7 Spring National Meetings in Orlando,...