Latest Legislation Headlines

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

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...

Gallagher Applauds As Gov. Bush Signs Homeowner’s Insurance Law

Jun 1 2005 // Gov. Jeb Bush signed a bill today that will enact a new homeowner’s insurance law as Florida’s CFO Tom Gallagher stood by to applaud the governor and state lawmakers for enacting the law, which provides...

KFF: Medical Malpractice Claims Stable; FTCR Reports Time to Focus on Insurers’ Practices

May 31 2005 // The chief argument for legislation to limit the legal rights of patients injured by a physician – that the number of medical malpractice claims and the cost of those claims have been skyrocketing – is a...

Ill. House Committee Passes Bill to Cap Medical Malpractice Damages

May 30 2005 // As state lawmakers prepared to approve a deal on medical malpractice, Illinois doctors and hospitals celebrated a big victory Thursday but also braced for the sour medicine they will likely have to swallow to get their...

Five W. Va. Insurers Pledge to Cut Auto Premium Rates

May 30 2005 // Five of West Virginia’s largest carriers have pledged to lower premiums by more than $54 million, according to Insurance Commissioner Jane Cline. Within the past month State Farm, Nationwide, Erie, Allstate and...

AIA Strongly Disagrees With Florida Circuit Court Ruling

May 27 2005 // The American Insurance Association strongly disagrees with yesterday’s Florida Circuit Court ruling confirming the Fourth Circuit Court of Appeals’ 2004 decision in Mierzwa v. Florida Windstorm Underwriting...