Latest Legislation Headlines

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

Insurers Urge Senate to Oppose Asbestos Trust Fund Bill

Feb 8 2006 // Property Casualty Insurers Association of America (PCI), an industry organization comprised of more than 1,000 insurance companies, says it opposes S. 852, the Fairness in Asbestos Injury Resolution (FAIR) Act, calling the...

Florida Insurers Discuss Top Issues with Legislators

Feb 8 2006 // In preparation of next month’s Florida legislative session, the Property Casualty Insurers Association of America hosted its first annual Legislative Conference, which brought insurance industry executives to...

PCI Backs Miss. Legislation to Educate Consumers about Flood Coverage

Feb 8 2006 // The Property Casualty Insurers Association of America is urging the Mississippi House to support legislation (SB 2014) that will help clarify for consumers that coverage for flood damage is excluded from homeowners...

Fla. CFO Wants to Expedite Payments for Living Expenses, Personal Contents

Feb 7 2006 // New legislation that would expedite the rebuilding process for hurricane victims will be suggested to the Florida Legislature by Tom Gallagher, the state’s CFO. The measure would ensure homeowners immediately receive...

R.I.’s Beacon Mutual Under Scrutiny As It Tries to Relax Regulation

Feb 7 2006 // Rhode Island’s dominant workers’ compensation carrier is facing an overdue audit and a probe into a whistle blower’s allegations as the state-created firm seeks to loosen the regulations governing it.This...

Conn. AG Blumenthal Proposes Trucking Safety ‘Hall of Shame’

Feb 7 2006 // If conscience and good business practices are not enough to make Connecticut trucking companies comply with safety regulations, Attorney General Richard Blumenthal hopes the threat of public humiliation will do the...

S.C. Legislators to Consider Asbestos Litigation Reform

Feb 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...

PCI Says N.Y. Credit Freeze Won’t Cool Identity Theft Problem

Feb 6 2006 // While property/casualty insurers share New York legislators’ concerns about the problem of identity theft, one industry trade group believes that so-called “credit freeze” legislation is an ineffective...

Rhode Island Beacon Mutual’s looks to write next chapter

Feb 6 2006 // Nearly 15 years ago, Rhode Island employers faced an uncertain future: state law required businesses to carry workers’ compensation insurance to cover their employees, yet no commercial insurer would write such...

Beacon Mutual bill advances over R.I. Gov. Carcieri’s opposition

Feb 6 2006 // Rhode Island Gov. Donald Carcieri lost the first round in this year’s battle to restructure the state’s dominant workers’ compensation writer, Beacon Mutual.Over Carcieri’s objections, the Rhode...

Insurers seek bond measures for Texas catastrophe fund

Feb 6 2006 // Taking a cue from the Scout motto “Be Prepared,” a group of insurers is recommending legislation that would allow for generating funds to help pay for the reconstruction of the Texas coast should a powerful...

Oklahoma’s legislative session shifts into gear

Feb 6 2006 // The bill-filing deadline for the Oklahoma Legislature passed Jan.19, 2006, and the session opens Feb. 6. At the close of the filing process, the state Senate had 1,034 bills and 28 joint resolutions filed, the House filed...

Pushing paper

Feb 6 2006 // There appears to be a lot of action on state legislative hills these days. Politicians have been meeting in most Western states to consider a wide variety of insurance proposals to regulate the industry. And hundreds of...

Proposed Calif. reinsurance regulations could hurt business

Feb 6 2006 // The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market competition,” according...

Surplus lines ready for some uncertainty

Feb 6 2006 // The surplus lines market remains alive, healthy and stable. Few argue with the success of this niche-based market, which has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005.The National...

Surplus lines ready for some uncertainty

Feb 6 2006 // The surplus lines market remains alive, healthy and stable. Few argue with the success of this niche-based market, which has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005.The National...

Rhode Island Beacon Mutual’s looks to write next chapter

Feb 5 2006 // Beacon Mutual remains a non-profit. Beacon remains Rhode Island based. Beacon remains focused exclusively on workers’ compensation.Nearly 15 years ago, Rhode Island employers faced an uncertain future: state law...

Rhode Island Beacon Mutual’s looks to write next chapter

Feb 5 2006 // Beacon Mutual remains a non-profit. Beacon remains Rhode Island based. Beacon remains focused exclusively on workers’ compensation.Nearly 15 years ago, Rhode Island employers faced an uncertain future: state law...

News Currents

Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information CenterWindstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed After 2004, 2005 hurricane season, record attendance...

News Currents

Feb 5 2006 // Insurers seek bond measures for Texas catastrophe fundTaking a cue from the Scout motto “Be Prepared,” a group of insurers is recommending legislation that would allow for generating funds to help pay for the...