Latest Legislation Headlines

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

The Florida Office of Insurance Regulation has joined the ever-increasing tide of regulatory bodies seeking answers from

Jun 6 2005 // Fla. Orders AIG: ‘Turn Over Detailed Financial Information’AIG’s admitted misrepresentations on financial statements. A statement from the OIR said the financial community has been rocked with the results...

Allstate Floridian Applies to Scale Back, Drop 95,000 Homeowners

Jun 6 2005 // Allstate Floridian, the state’s third-largest provider of homeowners insurance has applied to the Florida Office of Insurance Regulation in Tallahassee to scale back its insurance risk in Florida by dropping 95,000...

Could Washington Be Listening to Small Business?

Jun 6 2005 // Many of the greatest problems small businesses face are government-related, particularly something they call ‘unreasonable governmentregulation.’ There probably are few American small business owners who could...

News Briefs

Jun 6 2005 // FLORIDAFla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...

Texas Reaches Workers’ Comp Accord; Okla. Goes to Special Session

Jun 6 2005 // All spring, the Texas and Oklahoma Legislatures grappled with workers’ compensation reform legislation in their respective states. The two have many similar issues, including high insurance costs, low return-to-work...

Montemayor Joins Insurance Investment Firm

Jun 6 2005 // Texas Insurance Commiss-ioner Jose Montemayor, who announced earlier this year he would not seek appointment to another term as Texas’ top insurance regulator, was named a managing general partner of the Diamond...

Compromise Plan on Oregon Malpractice Damages Drawing Concerns

Jun 6 2005 // After months of talks by doctors, attorneys and legislators, a compromise plan on limited court damages to medical negligence victims may have emerged. But the proposal, which is getting an airing in the state Senate, is...

Young Agents: Changing the Face of the Industry

Jun 6 2005 // The number of young agents that are active in their state associations is growing. Although they have learned a lot from more experienced agents and brokers, young agents are essentially unique when it comes to their...

Young Agents: Changing the Face of the Industry

Jun 6 2005 // The number of young agents that are active in their state associations is growing. Although they have learned a lot from more experienced agents and brokers, young agents are essentially unique when it comes to their...

News Briefs

Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...

New PD Regs to Reduce Work Comp Rates

Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...

News Briefs

Jun 6 2005 // AIA OPPOSES CALIF. BILL TO LIMIT HOME INVENTORIES: A bill approved by the California Senate May 25 that prevents insurers from requiring claimants to itemize personal property lost in a disaster is well intended, but will...

Compromise Plan on Oregon Malpractice Damages Drawing Concerns

Jun 6 2005 // After months of talks by doctors, attorneys and legislators, a compromise plan on limited court damages to medical negligence victims may have emerged. But the proposal, which is getting an airing in the state Senate, is...

New PD Regs to Reduce Work Comp Rates

Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...

State Lawmakers to Revisit Aftermarket Parts in July Meeting

Jun 6 2005 // In a discussion expected to ignite strong opinions regarding which automotive crash parts best serve consumers, state legislators from across the country who sit on the Property-Casualty Insurance Committee of the National...

AIA Backs U.S. Trade Negotiators for Advancing Export, Trade Initiatives at the WTO

Jun 3 2005 // The American Insurance Association (AIA) on Friday strongly endorsed crucial steps taken by U.S. trade negotiators that will open global insurance markets and improve insurance regulation in many countries.“The...

Colo. Governor Vetoes NAMIC-Opposed Legislation

Jun 3 2005 // Colorado Gov. Bill Owens took a strong stand in support of tort reform and constitutional rights on Wednesday by vetoing a bill that would have allowed substitute service of process upon the Colorado Secretary of State.The...

Florida Choice Awards Judges Selected; Nominations Due June 24

Jun 2 2005 // Nine judges have been selected for the third annual Florida CHOICE Awards for Workers’ Compensation. The program, produced by CHOICE Medical Management Services LLC, recognizes outstanding physicians who treat...

Minn. Adopts File and Use

Jun 1 2005 // Minnesota’s insurance marketplace will never be the same after lawmakers passed legislation that will make it easier for insurers to offer newer and improved products to its customers, according to a statement...

Okla. Goes to Special Session; Senate Leader Hopeful for Meaningful Workers’ Comp Reform

Jun 1 2005 // Oklahoma Senate President Pro Tempore Mike Morgan announced he is confident a special session on workers’ compensation reform will result in legislation to save millions for Oklahoma businesses while preserving the...