All the headlines from our Legislation Topic Page, ordered by recency.
Apr 18 2005 // An Interview with Francis Johnson, AAMGA President-ElectFrancis Johnson, president of Johnson and Johnson Inc., of Charleston, South Carolina, becomes president of the American Association of Managing General Agents in...
Apr 18 2005 // A proposal that would create a single Florida-wide territory map and eliminate individual rate territories based on predicted hurricane risks and expected loss models was removed from House legislation, but was approved on...
Apr 18 2005 // California Insurance Commissioner John Garamendi and Assembly member Mark Ridley-Thomas (D-Los Angeles) introduced AB 925, a new piece of legislation that would require insurers to make investments in low- and...
Apr 18 2005 // It was about one year ago, on April 19, 2004, that California Governor Arnold Schwarzenegger signed SB 899 into law, giving the state’s beleaguered workers’ compensation system a tremendous overhaul. Although...
Apr 18 2005 // While appearing in a Sacramento County courtroom for a preliminary hearing, James Chester Taylor Jr., of Quartz Hill, California, was arrested on three additional counts of felony grand theft in a different case. The Los...
Apr 18 2005 // New Mexico Gov. Bill Richardson (D) signed into law SB 560, the Personal Insurance Credit Information Act, according to the American Insurance Association. The bill was passed by the legislature on March 19. SB 560 will...
Apr 15 2005 // Georgia enacted meaningful asbestos/silica litigation reform this week as Gov. Sonny Perdue signed House Bill 416, which requires that plaintiffs meet specific medical criteria before they can pursue an asbestos or silica...
Apr 14 2005 // The Missouri House passed legislation Wednesday that would tighten regulation of medical malpractice insurers as part of an effort to bring down premiums for physicians. The 141-11 vote sends the bill to the Senate....
Apr 14 2005 // Policymakers concerned that producer compensation practices might result in higher prices for insurance consumers should “pay attention to regulatory requirements that have had that effect for years,” according...
Apr 14 2005 // Yesterday, California Insurance Commissioner John Garamendi issued a press release briefly outlining proposed changes to his regulations regarding broker fiduciary duties (see Garamendi Unveils New Broker Disclosure...
Apr 14 2005 // California Insurance Commissioner John Garamendi on April 14 announced new regulations to protect homeowners from unfair “use it and lose it” practices in the homeowners insurance market.“We all pay...
Apr 13 2005 // California Insurance Commissioner John Garamendi announced new regulations April 13 regarding agent/broker compensation disclosure.The proposed regulations would: Require the agent or broker to advise a client, prior to...
Apr 13 2005 // A measure approved April 13 by the California Senate Industrial Relations Committee will create an artificial pricing scheme and send the wrong message to workers’ compensation insurers considering investing new...
Apr 13 2005 // The Property Casualty Insurers Association of America (PCI) is urging the Oregon Senate to reject legislation which would mislead consumers about a valuable program designed to provide quality repairs to accident-damaged...
Apr 12 2005 // Rhode Island Rep. Al Gemma (D-Dist. 20, Warwick) wants to establish strict standards for identity theft protection and penalties for its violation.A bill he has filed will be heard today before the House Committee on...
Apr 12 2005 // Federal lawmakers concerned with protecting consumer data from security breaches should model legislation on the provisions of an effective law on the books in California, Property Casualty Insurers Association of America...
Apr 11 2005 // The West Virginia House of Delegates passed Senate Bill 414 on Friday prohibiting third-party bad-faith lawsuits against insurance companies. SB 414 is part of Gov. Joe Manchin’s insurance and tort reform proposals,...
Apr 8 2005 // The Association of British Insurers’ (ABI) campaign to more effectively enforce sanctions against motorists driving illegally without insurance, is on the road to success.According to the ABI offenders “will...
Apr 8 2005 // Lloyd’s CEO Nick Prettejohn, speaking at the FSA insurance conference on Thursday, April, 7, outlined six “strategic challenges” facing the general insurance industry, which he also indicated was by no...
Apr 8 2005 // Legislation now working its way through the Florida House and Senate would require insurance companies to disclose discounts they offer for policyholders who make their homes more resistant to hurricane winds. At present,...