All the headlines from our Legislation Topic Page, ordered by recency.
May 11 2005 // While Congress continues to wrestle with legislation that would establish a federal trust fund to compensate individuals with asbestos-related diseases, legislatures in several key states have enacted laws that reduce...
May 11 2005 // The Texas House of Representatives passed comprehensive asbestos and silica litigation reform legislation in Senate Bill 15 that will preserve the rights of victims, while also protecting Texas businesses from widespread...
May 10 2005 // Florida’s fifth-largest insurer USAA, has filed a request to raise premiums by a statewide average of 10.3 percent, and David Foy, chief of staff for the Office of Insurance Regulation said he expects more companies...
May 10 2005 // In what best could be called “Survivor: The Colorado Legislative Session,” there were many twists, turns and surprises along the road to adjournment recently, however the insurance industry successfully worked...
May 10 2005 // As an increasing number of state regulators conduct inquiries and tighten accounting rules and reporting requirements for finite reinsurance transactions, one property/casualty insurer trade group is urging regulators to...
May 9 2005 // The National Association of Insurance Commissioner’s proudest moment was during its response to 9/11, when it was able to asses the impact of the terrorism within a few days, Dr. Therese M. “Terri” Vaughn...
May 9 2005 // The Florida Legislature debated SB 1486, an 83-page insurance bill, until the early morning hours on Saturday and approved a document that makes major changes in how claims will be handled, starting with the next storm....
May 9 2005 // Maryland doctors may not see any medical malpractice insurance rate relief for several months, even though the General Assembly approved an emergency remedy more than four months ago.A series of delays has prompted...
May 9 2005 // State insurance department representatives responded to fast balls, curves and sliders thrown at them by Ernie Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America, during...
May 9 2005 // When her husband Tim died, JoAnn Osmond inherited the family agency … and a career in Illinois Politics.Near the edge of the Illinois-Wisconsin border, closer to Milwaukee than Chicago, in a little town called...
May 9 2005 // In a scathing opinion that sides with insurers on nearly all points of fact and law, Barry County Court Judge James Fisher declared illegal a rule set banning insurance scoring and reducing base rates.“The...
May 9 2005 // Minnesota’s position as the last remaining state in the Upper Midwest to regulate personal-lines insurance forms and rates on a prior approval basis may be in danger because an industry-backed bill to change to...
May 9 2005 // Georgia enacted meaningful asbestos/silica litigation re-form recently as Gov. Sonny Perdue signed House Bill 416, which requires plaintiffs to meet specific medical criteria before they can pursue an asbestos or silica...
May 9 2005 // The West Virginia House of Delegates passed Senate Bill 414 prohibiting third-party bad-faith lawsuits against insurance companies. The bill was part of Gov. Joe Manchin’s insurance and tort reform proposals and has...
May 9 2005 // Florida’s Chief Financial Officer Tom Gallagher on Monday said that the homeowners insurance legislation that passed late Friday contains numerous provisions that will benefit Florida’s...
May 9 2005 // A state legislator wants to add Pennsylvania to the list of states that protect the food industry from lawsuits in which people blame restaurants and other food vendors for making them fat. Rep. Douglas Reichley, R-Lehigh,...
May 9 2005 // Purchasing a Shell Could be a Smart Move for Some Profit-Seeking BrokersOft times, managing general agents, wholesalers and insurance brokers feel they are inadequately compensated for the important services they provide...
May 9 2005 // Despite early signs that the 2005 session of the Washington Legislature would impose a series of costly and burdensome measures on the insurance market, the Property Casualty Insurers Association of America saw the most...
May 9 2005 // The PIA Western Alliance has always supported vigorous insurance oversight and penalties should be imposed when agents or brokers break the law. As an association we regularly school our members to make sure their...
May 6 2005 // AB 975, legislation that would clarify the definition of broker in the California Insurance Code, was not heard in the Assembly Insurance Committee May 4, according to the American Agents Alliance. The hearing on AB 975...