All the headlines from our Legislation Topic Page, ordered by recency.
Apr 8 2005 // The American Insurance Association commended New Mexico Gov. Bill Richardson (D) for signing into law this week SB 560, the Personal Insurance Credit Information Act. The bill was passed by the legislature on March...
Apr 8 2005 // Franklin Circuit Court Judge William Graham signed an order April 7 enabling AIK COMP rehabilitator Martin J. Koetters to continue his efforts on behalf of the financially troubled self-insured group workers’...
Apr 7 2005 // The Association of British Insurers (ABI) announced that following discussions with financial authorities, the U.K. Government has decided to drop controversial new clauses from the current Finance Bill. The ABI said it...
Apr 7 2005 // The accounting investigation swirling around AIG has now spread out across the ocean to reach Bermuda and Germany, as authorities questioned Munich Re about its relations ships with AIG and Island regulatorsd launched...
Apr 7 2005 // Oklahoma Gov. Brad Henry is calling on legislative leaders to work toward a bipartisan compromise on workers’ compensation reform, saying the issue is too important to fall prey to political disagreements.Two major...
Apr 6 2005 // Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers...
Apr 6 2005 // More than a dozen insurance companies have dropped their support of the proposed $140 billion federal trust fund meant to pay claims stemming from asbestos lawsuits, telling Congress it should instead work to establish...
Apr 5 2005 // Insurance companies in Texas overcharged homeowners and drivers by $4 billion last year despite recent legislation designed to limit rising rates, according to a report released recently by two state consumer groups.The...
Apr 4 2005 // A proposal which 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 hurricane legislation last...
Apr 4 2005 // Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced today a series of initiatives to address Delaware’s medical malpractice insurance...
Apr 4 2005 // Tough legislation to increase fraud penalties in Florida for filing fraudulent auto crash reports that can be used to bilk insurance companies, to strengthen consumers’ rights to sue operators of unauthorized...
Apr 4 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...
Apr 4 2005 // Was it Colonel ChoicePoint in the Conservatory With a Knife?When ChoicePoint Asset Co. finally disclosed Feb. 15 that criminals had gained access to the personal information of as many as 145,000 people in all 50 states,...
Apr 4 2005 // Although three major proposals to revamp insurance regulation are before legislators in some form, it appears that the industry’s ultimate goal of optional federal charters is nowhere close to fruition.Only the...
Apr 4 2005 // The Supreme Court of Michigan recently ruled that the state’s No-Fault Insurance Act prohibits health care providers from charging more than a reasonable fee for services and left it up to lower courts to determine...
Apr 4 2005 // Take a stand for values in government,” Troy King, Alabama Attorney General, told more than 100 Alabama Independent Insurance Agents attending a March 17 annual Young Legislative Conference in Montgomery.Quinton...
Apr 4 2005 // Despite apparent support of House leaders, the Republican-controlled House failed to pass House Bill 683 and send it to the Senate. Only 42 of the House’s 180 members voted for HB 683, which would have implemented a...
Apr 4 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...
Apr 4 2005 // Gov. Brad Henry’s tort reform bill, Senate Bill 914, died in the Oklahoma State Senate, with the Senate refusing to hear the bill on the last day that body could consider its own bills. Senate Democrats reportedly...
Apr 4 2005 // The Oklahoma House passed a measure giving the state’s major medical malpractice insurer two more years to build up its reserves before state regulators intervene. HB 1566, by State Rep. Dan Sullivan, would exempt...