All the headlines from our Legislation Topic Page, ordered by recency.
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...
May 5 2005 // Resisting efforts to impose new regulatory mandates, the Maryland legislature’s enactment of seven bills to enhance the state’s teen driver graduated licensing statutes and provide stricter provisions for...
May 5 2005 // IBA West submitted written testimony expressing strong opposition to the revised “Broker Fiduciary Duties” regulations proposed by Insurance Commissioner John Garamendi this week.“While these regulations...
May 5 2005 // The American Insurance Association (AIA) is urging Maine lawmakers to reject a proposal (LD 1021) that would increase the premium tax by 25 percent.“This tax increase would damage the state’s economy by making...
May 5 2005 // The insurance industry, already under scrutiny by state and federal authorities for various practices, now faces another questioner. The Federal Bureau of Investigation has launched a probe of the insurance industry that...
May 5 2005 // The American Insurance Association has applauded the Florida Legislature’s passage of landmark legislation to help truly sick victims of asbestos exposure receive compensation quickly and fairly. The bill now will go...
May 5 2005 // Washington, D.C. Mayor Anthony Williams took a step this week to ensure that District residents continue to receive high-quality health care by introducing the Health Care Reform Act of 2005. The legislation is aimed at...
May 5 2005 // The American Insurance Association (AIA) on Wednesday praised legislation (S.5248A/A.7708), which passed the Assembly on Monday and the Senate late Tuesday, to protect the solvency of the workers’ compensation...
May 4 2005 // Legislation sponsored by the Association of California Insurance Companies (ACIC) to impose strong regulation of the use of credit information by homeowners insurers passed its first committee test today.The bill, AB 1454...
May 4 2005 // Florida’s Chief Financial Officer Tom Gallagher today applauded state lawmakers for approving a measure that lays the groundwork for Floridians to set up hurricane savings accounts and protect these accounts from...
May 3 2005 // The Australian Prudential Regulation Authority (APRA), which regulates the country’s insurance industry, is proposing tighter reporting requirements in order to enable the regulator to more closely scrutinize the...
May 3 2005 // The Professional Insurance Agents of Florida reports from Tallahassee that with the end of the Florida Legislature’s spring sessions only a week away, legislators are beginning to realize that time is of the essence...
May 3 2005 // Marsh & McLennan Companies Inc. (MMC) on Tuesday reported financial results for the quarter ended March 31, 2005.Consolidated revenues totaled $3.2 billion, and net income was $134 million, or $.25 per share. These...
May 3 2005 // In what may become a significant step toward regulatory modernization of property and casualty insurance in Washington state, the governor has signed into law legislation sought by the Office of Insurance Commissioner that...
May 3 2005 // California legislators have issued a “sharp rebuke” of Insurance Commissioner John Garamendi’s efforts to impose new requirements on agents and brokers, according to the National Association of Mutual...