Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

CPCU Society Looking into IMSA Standards Model for P/C Industry

Mar 21 2005 // Should P/C Industry Response to Ethical Lapses Include a Self-Regulatory Body?The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after...

NCOIL Approves Producer Compensation Disclosure Model Act

Mar 21 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...

AG ASKS JUDGE TO MAKE WILLIS HAND OVER DOCUMENTS

Mar 21 2005 // Minnesota Attorney General Mike Hatch filed a 400-page motion in state court Monday asking a judge to force broker Willis Group to hand over documents related to his investigation of the firm’s contingent commission...

Asbestos Litigation: Manufacturing’s Silent Killer

Mar 21 2005 // If you still had doubts about the need for lawmakers to pass serious legal reform, you should have been convinced by the hurried filing of 85 questionable class action lawsuits in just two neighboring Illinois counties in...

Workers’ Comp Varies Widely; Reforms Slow to Enact, Enforce

Mar 21 2005 // Employer responsibility for the expense of accidents and in some cases occupational illnesses, varies from state to state. Em-ployers must provide reasonable information, rules, supervision, training and safety. The word...

COURT RULES IN GARAMENDI’S FAVOR REGARDING STATE FUND:

Mar 21 2005 // A Sacramento County court ruled that California’s quasi-public State Compensation Insurance Fund cannot require businesses to have separate workers’ compensation insurance policies for employee leasing...

UNINSURED DRIVER LEGISLATION FILED

Mar 21 2005 // Texas State Rep. Bill Callegari, Katy, filed House Bill 2573 to establish a motor vehicle financial responsibility program in Texas. According the House Media Services Division, HB 2573 is similar to a measure that passed...

CALIF. JUDGE TOSSES OUT LAWSUIT INVOLVING ACE COMPANIES:

Mar 21 2005 // The ACE Group of Companies announced that California Superior Court Judge James Warren has entered judgment in favor of several ACE companies in a lawsuit brought against Insurance Company of North America, INA Financial...

Legislation Aimed at Protecting Okla. Homeowners Clears State Senate

Mar 18 2005 // A measure to ensure that Oklahoma homeowners do not receive a cancellation notice of their insurance after filing a claim and a bill to enable consumers to get defects with their newly built home repaired swiftly have...

AIIA Conferees Honor Rep. Mike Hill; Attend BBQ at State Legislature

Mar 18 2005 // State Representative Mike Hill, R-Shelby County, was honored by the Alabama Independent Insurance Agents on March 17th as AIIA’s “Lawmaker of the Year” in an award presentation in Montgomery, Ala. to kick...

PCI Reports Mich. Supreme Court Rules for Insurers on Medical Charges

Mar 17 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...

Mich. Lawmakers Pass Bill to Repeal State Helmet Law, According to AAA Michigan

Mar 17 2005 // Michigan lawmakers on Thursday passed Senate Bill 297, which repeals the state’s 36-year-old mandatory motorcycle helmet law.It is estimated that the repeal will result in 22 additional fatalities each year, along...

Insurance Group Staying out of California Workers’ Comp Confirmation Fight

Mar 17 2005 // A major insurance industry group is staying out of the Senate confirmation fight over Gov. Arnold Schwarzenegger’s workers’ compensation director, another possible indication the appointment could be in...

N.H. Social Clubs Struggle to Meet Fire Code

Mar 16 2005 // Social clubs in New Hampshire say they are struggling to comply with orders to install automatic sprinkler systems.In response to a 2003 fire that killed 100 people at a nightclub in West Warwick, R.I., New Hampshire...

Okla. House Votes to Give PLICO Two More Years to Build Reserves

Mar 16 2005 // The Oklahoma House of Representatives has voted to give the state’s major medical malpractice insurer two more years to build up its reserves before state regulators intervene.House Bill 1566, by State Rep. Dan...

Delaware Senate Panel Weighs Pros and Cons of Ban on Insurers’ Use of Credit Scoring

Mar 16 2005 // Delaware Insurance Commissioner Matt Denn urged the Senate Insurance and Elections Committee to pass Senate Bill 2, which would prohibit the use of credit scoring in auto and homeowners insurance policies in Delaware. Denn...

PCI: Banning Credit Score Use Will Hurt Del. Consumers

Mar 16 2005 // A Delaware bill that would ban insurers from using credit history to underwrite auto and homeowner policies would raise prices for most insurance consumers, according to the Property Casualty Insurers Association of...

Okla. House Votes to Protect Food Industry From Frivolous Lawsuits

Mar 16 2005 // The Oklahoma House of Representatives has voted in favor of House Bill 1554, by State Rep. Dale DeWitt, which would create the “Commonsense Consumption Act” to “prevent frivolous lawsuits against...

National Web Portal for Insurance Regulatory Information Now Available

Mar 16 2005 // A single point of entry for access to insurance information, services and tools for consumers, regulators and industry is now available on the National Portal for Insurance Regulatory Information on the National...

Insurers Worried that N.J. Proposal Would Force Many Employees to Register as Lobbyists

Mar 15 2005 // A proposal by the New Jersey Election Law Enforcement Commission that would require most insurance company employees to register as lobbyists fails to distinguish true lobbyists who perform an “influencing”...