All the headlines from our Legislation Topic Page, ordered by recency.
Nov 7 2005 // Credit-based insurance scoring has been a contentious legislative and regulatory issue in the world of insurance for at least the last three or four years, but the nature of the debate has changed, Robert Detlefsen,...
Nov 7 2005 // P/C Insurers Post Record Results in 2005: The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion, with a net income of $32.1 billion during the first six months of 2005, a substantial gain...
Nov 7 2005 // Regulatory reform, terrorism insurance and the eventual impact of record-breaking natural disasters were the main topics of discussion at the annual meeting of the Property Casualty Insurers Association of America, held in...
Nov 7 2005 // Many insurance companies are discovering a basic truth. Integrity in business is more than just the right thing to do–it is critical to success in an increasingly complex and dynamic marketplace.When I look at where...
Nov 7 2005 // Automobile and homeowners rates have been dramatically reduced as a result of legislative changes made by the West Virginia Legisla-ture, Insurance Commissioner Jane L. Cline, told Professional Independent Insurance Agents...
Nov 7 2005 // Key findings in the Fulbright & Jaworski 2005 Litigation Trends Survey:1) Litigation Dockets — Eighty-seven percent of U.S. companies are engaged in some form of litigation in the U.S. Twenty percent had one to...
Nov 7 2005 // Travis County, Texas, District Judge Stephen Yelenosky has extended until Dec. 12 an injunction prohibiting Allstate Insurance Company from denying certain claims related to Hurricane Rita.In early October, the Texas...
Nov 7 2005 // Illegal immigrants injured on the job are entitled to workers’ compensation benefits despite their legal status, a California state appeals court recently ruled.The 2nd District Court of Appeal ruled in a case...
Nov 7 2005 // California Insurance Com-missioner John Gara-mendi has announced new Special Investigative Unit (SIU) regulations for insurance carriers licensed to conduct business in California. The regulations are a result of a...
Nov 7 2005 // The California Department of In-surance has deleted a section of proposed regulations that would have required insurers to notify CDI when a notice of agency appointment was terminated “for cause.”California...
Nov 7 2005 // The California Supreme Court ordered to “de-publish” a Court of Appeal ruling–AIA vs. Garamendi–touted by insurance companies as limiting the regulatory authority of the Insurance Commissioner. The...
Nov 7 2005 // A federal judge has ruled that an insurance carrier does not have to help ClearOne Commun-ications cover a $10 million settlement with its shareholders.U.S. District Court Judge Tina Campbell said ClearOne, a maker of...
Nov 6 2005 // This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLA and edited by insurance lawyer Kevin T. Merriman...
Nov 6 2005 // Michigan Gov. Jennifer Granholm and Democratic lawmakers want to give homeowners and motorists a 20 percent cut in their insurance rates, a move the insurance industry says isn’t justified and is politically...
Nov 6 2005 // ILLINOISGarrett Bonham, 29, seeks more than $75,000 in a lawsuit filed last month for injuries sustained in his 10 years of employment as a performing knight at the Schaumburg, Ill., Medieval Times, according to the...
Nov 6 2005 // Automobile and homeowners rates have been dramatically reduced as a result of legislative changes made by the West Virginia Legisla-ture, Insurance Commissioner Jane L. Cline, told Professional Independent Insurance Agents...
Nov 6 2005 // Many insurance companies are discovering a basic truth. Integrity in business is more than just the right thing to do-it is critical to success in an increasingly complex and dynamic marketplace.When I look at where we are...
Nov 6 2005 // ALABAMAVesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida.“As previously disclosed, Vesta’s...
Nov 6 2005 // Sen. Staples Urges Agents to Continue Participating in the ‘Process’Nearly 250 attendees turned out for the Independent Insurance Agents of Texas’ first-ever Small Agency Conference, held in Waco in...
Nov 6 2005 // California Insurance Com-missioner John Gara-mendi has announced new Special Investigative Unit (SIU) regulations for insurance carriers licensed to conduct business in California. The regulations are a result of a...