All the headlines from our Legislation Topic Page, ordered by recency.
May 23 2005 // As an increasing number of state regulators conduct inquiries and tighten accounting rules and reporting requirements for finite reinsurance transactions, one P/C trade group is urging regulators to take a consistent...
May 23 2005 // The medical malpractice market in Washington state has improved immensely in recent times, but the debate about tort reform is just getting started. Competing initiatives will be in front of voters this fall with the trial...
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...
May 19 2005 // The Florida Office of Insurance Regulation has joined the ever-increasing tide of regulatory bodies seeking answers from American International Group Inc. AIG operates 43 licensed insurance entities in the State of...
May 19 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...
May 19 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...
May 18 2005 // Two National Association of Mutual Insurance Companies staff members have assumed new roles on task forces of the American Legislative Exchange Council (ALEC), a national organization of state legislators.During the state...
May 18 2005 // Among the many bills sent to Missouri Gov. Matt Blunt’s desk on the final day of the session is one that would make consumer complaints about insurance companies confidential.Supporters say the bill, HB 388, is about...
May 18 2005 // The New York State Senate confirmed today Governor George E. Pataki’s nomination of Howard Mills as Superintendent of the New York State Insurance Department. Mills has been serving as acting superintendent since...
May 17 2005 // Almost five months after the Maryland General Assembly passed legislation to reduce malpractice premiums for doctors in high-risk specialties, the Ehrlich administration is ready to release state funds that will be used to...
May 17 2005 // In recognition of the cost impact of the new Permanent Disability Rating Schedule adopted pursuant to Senate Bill No. 899, California’s Workers’ Compensation Insurance Rating Bureau Governing Committee approved...
May 16 2005 // Although much of the attention during this year’s legislative session focused on hurricane-related issues, Florida lawmakers also succeeded in passing several other bills of interest to the insurance industry, a...
May 16 2005 // Sharp increases in medical malpractice insurance premiums are prompting Vermont doctors to call for the Legislature to limit payouts in malpractice lawsuits and take other steps to rein in costs.“While medical...
May 16 2005 // Legislation establishing a program to improve enforcement of motorists’ financial responsibility obligations passed the Texas House of Representatives, according to its sponsor, Rep. Bill Callegari...
May 15 2005 // North Dakota employers, workers and medical providers will all be affected by workers’ compensation legislation enacted by the legislature, according to a statement released by state’s monopoly insurer,...
May 13 2005 // An Illinois House committee voted 12-2 last month for a 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 stymied in...
May 13 2005 // The South Carolina Senate and House have approved legislation requiring health insurers to include coverage for some mental illnesses and it has been passed on to Governor Mark Sanford for his signature.The legislation...
May 12 2005 // The Connecticut Senate has approved legislation (HB 6806), supported by the American Insurance Association (AIA), dealing with producer compensation issues. Some of the provisions in the legislation were instructive in...
May 12 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...
May 12 2005 // The Property Casualty Insurers Association of America (PCI) is urging Gov. Frank Murkowski to sign into law legislation which would modernize Alaska’s system for regulating forms and rates for most lines of...