Latest Legislation Headlines

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

PCI Commends Nev. DOI on Broker Compensation Issue

Feb 8 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 last week.“Instead of...

AIA Says No to Elected Conn. Commissioner Proposal

Feb 8 2005 // Connecticut Attorney General Richard Blumenthal’s (D) call on Tuesday for an elected insurance commissioner would politicize the regulation of one of the state’s most important economic sectors, according to...

Alliance Offers Free Information Security Program Kits to Members

Feb 8 2005 // Independent agents and brokers are taking regulations mandating information privacy safeguards very seriously, if attendance at recent American Agents Alliance meetings is any indicator. The independent insurance...

N.Y. City to Appeal Judge’s Decision Overturning State Law Against Gay Marriage

Feb 7 2005 // New York City will appeal a judge’s ruling against the state ban on same-sex marriages, Mayor Michael Bloomberg said Saturday.The mayor said that while he believes such marriages should be permitted, “if we did...

Federal Judge Backs Maine Law Requiring Compensation Disclosure by Benefit Managers

Feb 7 2005 // A federal judge has sided with the state of Maine in an industry challenge to the constitutionality of a state law that requires pharmacy benefit managers to disclose side payments from drug companies and other financial...

PIA of Ga. Issues ‘Watch List’ of Important Legislation

Feb 7 2005 // Civil justice reform and medical malpractice insurance are the topics to watch as today’s session of the Georgia Legislature convenes in Atlanta. A legislative update has been issued by the Professional Insurance...

Foxes Watching the Hen-House

Feb 7 2005 // Four months before the hurricane season, storm clouds are forming due to insurance reform measures suggested by Sen. Ron Klein, D-Boca Raton.Klein told South Florida television stations and newspapers it’s essential...

Insurance Concerns on Fla. Agenda

Feb 7 2005 // The Florida Legislature is considering numerous actions during spring sessions, including taking a close look at preparedness for the upcoming hurricane season, now five months away; implementing single-deductibles;...

Oklahoma Lawmakers Hope to Stem Workers’ Comp Crisis

Feb 7 2005 // Oklahoma lawmakers previously announced that workers’ compensation would figure prominently in this year’s legislative session. So far they are backing up their words with action, as a number of bills have...

ACIC FIGHTS HOMEOWNERS REGULATIONS:

Feb 7 2005 // The Association of California Insurance Companies is fighting on two fronts against a proposed Dept. of Insurance regulation that would unfairly force many Californians to pay more than they should for homeowners...

Sexual Harassment Training Now Mandatory in California

Feb 7 2005 // For the first time, California now mandates that employers with 50 or more employees provide sexual harassment training to their supervisors.On Sept. 29, 2004, Governor Arnold Schwarzenegger signed into law a statute that...

Judge Gives Enron Settlement Preliminary Approval

Feb 6 2005 // A proposed $168 million shareholder lawsuit settlement by 18 former Enron Corp. directors who oversaw the company ahead of its 2001 flameout received preliminary approval from a Texas judge Friday, along with two other...

NAMIC Names Detlefsen to Public Policy Post

Feb 4 2005 // Former insurance studies research fellow and strategic public affairs counsel, Robert Detlefsen, Ph.D., has joined the National Association of Mutual Insurance Companies (NAMIC) as director of public policy.Detlefsen will...

Okla. Lawmakers Roll Out Lawsuit Reform Plan

Feb 4 2005 // Aiming to bring 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 unveiled details...

North Carolina Senate Considering Bill to Cap Med-Mal Jury Awards

Feb 3 2005 // Despite the defeat of a similar bill two years ago in Raleigh, N.C., the Senate is again considering legislation to cap jury awards in medical malpractice lawsuits.Sen. Robert Pittenger, R-Mecklenburg, a cap proponent,...

Big ‘I’ Pushes Class Action Legislation

Feb 3 2005 // The Independent Insurance Agents & Brokers of America (the Big “I”) said it is pleased the House of Representatives is moving forward on legislation to reform the nation’s class-action litigation...

PCI Urges Nev. Redraft of Broker Regulation

Feb 3 2005 // The Property Casualty Insurers Association of America (PCI) is urging Nevada’s Division of Insurance to redraft a proposed regulation so that the regulation focuses on reasonable and meaningful disclosure of broker...

Personal Liability Deal with Worldcom Directors Breaks Down Following Court Ruling on Effect on Jury Award

Feb 3 2005 // A unique deal in which 10 former WorldCom directors would personally pay $18 million of a $54 million settlement to compensate investors over the company’s plunge into bankruptcy will be withdrawn, plaintiffs...

N.Y. Insurance Department Questioned Contingent Fees Years Before Spitzer Investigation Made Headlines

Feb 3 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...

ACIC Supports Medical Provider Network Regulations

Feb 2 2005 // The Association of California Insurance Companies (ACIC) supports the adoption of newly developed state regulations that implement the Medical Provider Networks (MPN) provision of California’s workers’...