All the headlines from our Legislation Topic Page, ordered by recency.
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...
Apr 4 2005 // Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses cleared the Oklahoma House and awaits action in the...
Apr 4 2005 // Legislation that would prohibit insurers’ use of credit information narrowly advanced out of the Colorado Senate State Affairs Committee on a 4-3 vote and will be opposed by the insurance industry on the Senate...
Apr 4 2005 // CPCU Society Looking at IMSAThe property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and...
Apr 4 2005 // Mark Wells, publisher of Insurance Journal, recently spoke to Stan Simpson, the newly elected president of the Insurance Agents and Brokers of the West and a principal at Buckman-Mitchell Inc., an independent agency in...
Apr 4 2005 // Charges by the California Department of Insurance that the California homeowners insurance industry arbitrarily nonrenews or raises rates on homeowners who file one claim or make an inquiry about their coverage is little...
Apr 4 2005 // A major insurance industry group is staying out of the Senate confirmation fight over Gov. Schwarzenegger’s workers’ comp director, another possible indication the appointment could be in trouble.The...