All the headlines from our Legislation Topic Page, ordered by recency.
Feb 22 2005 // Saying that a competitive insurance market is critical to making health insurance more affordable for Rhode Island consumers and businesses, Sen. Marc A. Cote has introduced a package of legislation aimed at attracting...
Feb 22 2005 // Broker compensation and its impact on the insurance market will be one of many key issues discussed March 3 to 6 during the National Conference of Insurance Legislators spring meeting and seminar in Hilton Head, S.C. The...
Feb 22 2005 // A new state ethics report concludes that former SAIF Corp. President Katherine Keene violated Oregon law by failing to register as a lobbyist and report her expenses.The 35-page report released Feb. 18 by the Oregon...
Feb 22 2005 // The Senate gave preliminary approval Feb. 17 to a three-pronged medical malpractice bill backed by business groups and physicians.The measure would provide a legal shield for doctors’ apologies, tighten requirements...
Feb 21 2005 // III Joint Forum: From the Outside Looking InIt’s not very often that the insurance industry invites outsiders to share their opinions, so last month’s Insurance Information Institute’s Joint Industry...
Feb 21 2005 // Industry Gets Victory on Class Action But Reason to Worry Over TRIAEliot who? The name Eliot Spitzer was never spoken during a recent gathering of insurance brokers and federal lawmakers in Washington, D.C. At the annual...
Feb 21 2005 // As discussed in part one of this series in the Feb. 7 issue (page 34), fiduciary liability is one of the most misunderstood of management exposures. However, once one grasps the concept of personal liability embedded in...
Feb 21 2005 // 2004 was a landmark year for common sense legal reform in Ohio. The state enacted significant asbestos reform, silica and mixed dust reform, and comprehensive tort reform legislation. The many benefits of these historic...
Feb 21 2005 // Depending upon which side of the fence you stand, the excess and surplus insurance market is either too expensive and too unregulated, and therefore unreliable, or the right solution for a complicated risk at a difficult...
Feb 21 2005 // With the goal of bringing common sense back to Oklahoma’s legal system, reduce health care costs for citizens and create a stronger economic climate, Speaker of the Oklahoma House of Representatives Todd Hiett...
Feb 21 2005 // Ihave the privilege of serving as vice president of the Louisiana Surplus Line Association (LSLA) and chairman of the Louisiana Surplus Line Task Force. Our goal has been to share our thoughts on regulatory reforms and...
Feb 21 2005 // The Property Casualty Insurers Association of America commended the approach taken by the Nevada Division of Insurance on the disclosure of broker compensation in a temporary regulation adopted in early February....
Feb 21 2005 // Three issues will dominate California’s 2005 legislative session–broker fee regulations and fiduciary duties; homeowners insurance, and workers’ compensation, according to IBA West lobbyist John...
Feb 21 2005 // Insurance Journal recently surveyed several surplus line associations regarding their thoughts on the current atmosphere of the surplus lines marketplace, and their expectations into 2005. Executive director Ted Pierce of...
Feb 21 2005 // Industry Gets Victory on Class Action but Reason to Worry Over TRIA ….Eliot who? The name Eliot Spitzer that is on the lips of every insurance broker was never spoken during a recent gathering of insurance brokers...
Feb 21 2005 // While it did not begin boiling over until last October when charges were brought against Marsh, the controversy over brokerage contingent fees has actually been simmering for more than a half dozen years in New York...
Feb 21 2005 // In the first half of the legislative session, the health care industry watched the demise of several measures meant to stem rising insurance costs for doctors.“The liability crisis is getting worse,” said Susie...
Feb 21 2005 // Broker disclosure, medical malpractice reform and credit scoring dominated the discussions at the Washington All Insurance Industry Day at the Capital held Feb. 10. Over 170 independent agents gathered to learn about...
Feb 18 2005 // The New York State Workers Compensation Security Fund, which officials last month predicted would run out of money by the end of this month, could go on paying claims until the end of March, thanks to early access to funds...
Feb 18 2005 // A natural disaster bill introduced by a Florida congresswoman from a coastal district will ensure that debate on the problem of insurance availability in disaster-prone areas will continue, according to the National...