Latest Legislation Headlines

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

WASH. GOV’T TAKES PRO-BUSINESS STEPS TOWARD REGULATORY MODERNIZATION:

May 23 2005 // In what may become a significant step toward regulatory modernization of property/casualty insurance in Washington state, the governor has signed into law legislation sought by the Office of Insurance Commissioner that...

PCI SAYS INSURERS SURVIVE COLORADO LEGISLATIVE SESSION:

May 23 2005 // At the conclusion of Colorado’s recent legislative session, PCI said that the insurance industry successfully worked to preserve Colorado’s stable marketplace. Colorado’s insurance scoring law, which is...

News Briefs

May 23 2005 // MASSACHUSETTSSafe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...

State Laws Vary on Driving Distractions

May 23 2005 // New Hampshire is the only state that doesn’t require adult motorists to wear seat belts, but it does ticket drivers for eating, drinking, talking on a cell phone or fussing with their makeup while behind the...

News Briefs

May 23 2005 // MASSACHUSETTSSafe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...

CPCU Society Looking at IMSA-Type Body

May 23 2005 // The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions.A...

A Talk with New York Superintendent of Insurance Howard Mills

May 23 2005 // Pataki’s appointee brings Albany background to Spitzer-era regulatory challengesI think I’m a pretty quick study,” Howard Mills told Insurance Journal. He’s not had much choice. The former...

IBA WEST SUBMITS TESTIMONY OPPOSING REVISED PROPOSED ‘BROKER FIDUCIARY DUTIES’ REGULATIONS:

May 23 2005 // IBA West submitted written testimony expressing strong opposition to the revised “Broker Fiduciary Duties” regulations proposed by California Insurance Commissioner John Garamendi. “While these...

Illinois Medical Malpractice Reforms Stalled Again

May 23 2005 // SPRINGFIELD, Ill.-A House committee voted 12-2 last month for proposal backed by doctors and Republicans to cap noneconomic damages such as pain and suffering that malpractice victims can win in court, only to see it...

Fla. Insurance Commission Subpoenas 17 Reinsurers

May 23 2005 // Investigative subpoenas have been issued by Florida Insurance Commissioner Kevin McCarty probing the dealings of 17 reinsurers selling finite risk policies.The companies on the receiving end of the subpoenas, including...

News Briefs

May 23 2005 // GEORGIALicensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system.In an effort to be responsive to agent...

Gov. Bush Pledges to Sign SB1486; Insurers Uneasy About Its Provisions

May 23 2005 // Florida Gov. Jeb Bush pledged during the May 11 opening of the annual Governor’s Hurricane Conference at the Tampa Convention Center to sign and approve Senate Bill 1486, controversial legislation that consumer...

Tougher Laws Key in Fight Against Insurance Fraud

May 23 2005 // Lack of money is another big roadblock to fraud fighting today. Many state fraud bureaus are being forced to pinch pennies.How do you convince overworked state prosecutors to chase down often stale-sounding insurance...

USAA Asks for 10.3 Percent Increase; Other Requests Expected

May 23 2005 // Florida’s fifth-largest insurer USAA, filed a request in mid-May to raise premiums by a statewide average of 10.3 percent. David Foy, chief of staff for the Office of Insurance Regulation said he expects more...

Ballinger Describes Texas Stamping Office Operations to AAMGA University

May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...

Ballinger Describes Texas Stamping Office Operations to AAMGA University

May 23 2005 // Structural similarities and differences between stamping and service offices in the 15 stamping offices across the U.S. and how their markets differ were discussed by Phil Ballinger, executive director of the Surplus Lines...

News Briefs

May 23 2005 // JURY REACHES PARTIAL VERDICT IN EXECUTIVE LIFE CASE: A jury reached a partial verdict in the case involving the illegal takeover of failed insurer Executive Life Insurance Company on May 9, according to the Associated...

Could Washington Be Listening to Small Business?

May 23 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...

PIFC: California Commissioner’s Proposed Homeowner Regs Flawed

May 23 2005 // There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative...

Alaska Workers’ Compensation Bill Goes into Overtime

May 23 2005 // An Alaska committee of House and Senate members was unable to hammer out a compromise plan to revise workers’ compensation laws, leaving work on the bill to be completed during a special session scheduled to take...