Latest Legislation Headlines

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

Regulators Name Consumer Liaison Reps for 2005

Mar 15 2005 // The National Association of Insurance Commissioners recently named its funded consumer liaison representatives for 2005. Established in 1992, the program promotes consumer representation and interaction with NAIC members,...

Georgia Lawmakers Reject Flex Band Rating Bill

Mar 15 2005 // Despite the apparent support of Georgia House leaders, the Republican-controlled House failed late March 11 to pass House Bill 683 and send it to the Senate. Friday was the 30th day of the legislative session and the...

N.Y. Auto Industry Restarts Stalled Drive to Reform Vicarious Leasing Liability Law

Mar 14 2005 // Auto leasing interests in New York are renewing their battle against the state’s vicarious liability law that they say has demolished the car leasing industry in the state.The United Auto Workers (UAW), the New York...

Committee Supports Texas Insurance Fraud Legislation

Mar 14 2005 // Six bills strengthening the fight against insurance fraud were filed in the Texas House of Representatives. The legislation includes everything from reporting fraud to enhancing penalties for insurance fraud where someone...

NAMIC Supports NCOIL Against Proposed SOX Regs

Mar 14 2005 // “State legislators are right to challenge an NAIC initiative that would impose sweeping federal requirements designed to protect stockholders on privately held insurance companies,” according to an official of...

Uninsured Driver Legislation Filed in Texas

Mar 14 2005 // State Representative 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 a version of a similar...

Calif. Man Arrested While Standing in Front of Judge on Separate Charges

Mar 14 2005 // Sometimes people can’t seem to get enough of a good, or in this case, bad thing.While appearing last Wednesday in a Sacramento County courtroom for a preliminary hearing, James Chester Taylor, Jr., 72, of Quartz...

Mobile County, Ala. Legislators Write Letter Requesting One-Year Premium Freeze

Mar 11 2005 // A one-year moratorium on homeowners insurance policy changes has been requested in a letter signed by 13 members of the Moible, Ala. county legislative delegation.“Even though we understand the costs associated with...

AIA: Recent Security Breaches Increase Spotlight on Protection of Consumer Information for Insurers

Mar 11 2005 // Recent security breaches at companies that collect, store and sell personal data – such as ChoicePoint, LexisNexis and Bank of America – individually and collectively cast a spotlight on privacy and security...

Insurer Trade Group Announces 2005 Legislative Agenda

Mar 11 2005 // The National Association of Mutual Insurance Companies (NAMIC) has announced its federal affairs agenda for 2005, and topping the list of items include further legal reform, improving state-based insurance regulation, an...

Research and Markets Adds Global Insurance Handbook to 2005 Offering

Mar 10 2005 // Research and Markets announced the addition of The Global Insurance Handbook 2005 to their offering.The increasing size of risk in the world is reportedly influencing multinational and global companies to protect ever...

New House Bill to Extend TRIA Introduced as Deadline Looms

Mar 9 2005 // The House of Representatives has introduced legislation that would extend the Terrorism Risk Insurance Act (TRIA), which is set to expire at the end of 2005.The proposal, H.R. 1153, would keep a federal terrorism...

Vermont Reports Decline in Teen Driver Fatalities

Mar 9 2005 // The number of Vermont teenagers who died in traffic crashes has declined sharply to where the state has one of the lowest death rates in the country. Highway safety officials credit the new “graduated” licenses...

Conn. Weighs Employer Health Fund Fee

Mar 9 2005 // Companies in Connecticut with 100 or more employees could be forced to pay a fee to help cover their workers’ health insurance expenses if they don’t already offer coverage, under a preliminary legislative...

Jardine Lloyd Thompson Secures Lloyd’s of London Protection for Financial, Healthcare Sectors

Mar 9 2005 // JLT Risk Solutions Ltd. and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc, reported insurance capacity has been secured within the Lloyd’s of London market to provide new insurance protection...

NCOIL Reconsidering Crash Parts Model Act, Special Hearing Slated

Mar 8 2005 // In a unanimous decision, legislators on the National Conference of Insurance Legislators’ Property-Casualty Insurance Committee voted to renew NCOIL’s consideration of a proposed Certified Aftermarket Crash...

Key Items Still Need to be Resolved in NCOIL Claims History Info Use Model

Mar 8 2005 // Model legislation that would restrict how insurers could use claims history information when underwriting property-casualty insurance coverage moved several steps closer to a vote when the National Conference of Insurance...

Ga. Cracks Down On Uninsured Motorists: New Regulations In Effect April 1

Mar 8 2005 // Two new regulations tightening up on uninsured motorists driving in Georgia go into effect April 1 for drivers with a second or subsequent suspension during any five-year period: The Department of Motor Vehicle Safety will...

Calif. Superior Court Judge Tosses Out Lawsuit Involving ACE Companies

Mar 8 2005 // The ACE Group of Companies announced Tuesday 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),...

NAMIC SOX, Loss History Positions Sway State Insurance Legislators; NCOIL Adopts Broker Compensation Model Act

Mar 8 2005 // National Association of Mutual Insurance Companies (NAMIC) testimony convinced state insurance legislators to object to the application of Sarbanes-Oxley to mutual insurers and to not adopt a loss history database model...