Latest Legislation Headlines

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

Auto Data Network to Train AXA Brokers on FSA Regs

Oct 6 2004 // Auto Data Network Inc., a provider of software and real-time data to the automotive industry, announced that its U.K. subsidiary, IFAct Group Limited, has been awarded a contract by AXA to provide training and help develop...

Md. Docs Postpone Surgery Slowdown

Oct 6 2004 // Four Washington County, Maryland doctors have agreed to an indefinite delay of their plan to halt non-emergency surgery to protest a 33 percent increase in medical malpractice insurance premiums.After a meeting with Gov....

Congress Debates Reforms to Nuclear WC Program

Oct 6 2004 // Congressional lawmakers agree a program to compensate sick nuclear weapons workers is broken, but how to fix it is the subject of debate on Capitol Hill.The program is for tens of thousands of people nationwide who helped...

La. WCAC to Begin Drafting 2005 Legislation

Oct 5 2004 // The Louisiana Workers’ Compensation Advisory Council plans to meet on Oct. 7, 2004, to begin drafting legislation for the 2005 Legislative Session.The meeting will begin 9 a.m. at the Louisiana Association of...

Big ‘I’ Applauds Countersignature Trends

Oct 5 2004 // The Independent Insurance Agents & Brokers of America (The Big “I”) is applauding continuing efforts by state policymakers and federal courts to eliminate countersignature laws.The Big “I” has...

U.K. Insurance and Financial Services Conference Focused on Industry Image

Oct 4 2004 // The U.K.’s annual Insurance and Financial Services Conference, sponsored by the Chartered Insurance Institute (CII) and the Chartered Institute of Loss Adjusters (CILA), got underway Wednesday, Sept. 29. The...

Judge Halts Implementation of TWCC’s Alternate Medical Necessity Dispute Review Rule

Oct 4 2004 // The Texas Workers’ Compensation Commission (TWCC) reported that a Travis County District Judge has granted a temporary restraining order to prevent TWCC from implementing or enforcing new Commission Rule 133.309...

N.J. Maintains Top Auto Insurance Premium Figures Reflect Years of ‘Suffering’ Before 2003 Reforms

Oct 1 2004 // New Jersey Banking and Insurance Commissioner Holly C. Bakke wasted little time in putting the latest numbers showing the state with the highest average auto insurance premium — $1,113 — in perspective.Those numbers...

PIA Survey Shows Strong Support for State Regulation

Oct 1 2004 // Members of the National Association of Professional Insurance Agents (PIA) strongly support state regulation of insurance and strongly oppose any effort to move to a federal regulatory system.The results of a survey of PIA...

Insurers Applaud House Committee Passage of TRIA Extension Act

Sep 30 2004 // Both the Property Casualty Insurers Association of America (PCI) and the National Association of Mutual Insurance Companies (NAMIC) praised the House Financial Services Committee’s passage of H.R. 4634, the Terrorism...

Fla. Insurers Often Waive Multiple Deductibles

Sep 29 2004 // Many insurance companies are waiving additional deductibles for people who’ve suffered losses from more than one hurricane.Hurricane Jeanne’s path poses the grim prospect of triple insurance deductibles for...

Big ‘I’ Praises Approval of Terrorism Insurance Backstop Bill by Financial Services Committee

Sep 29 2004 // The Independent Insurance Agents & Brokers of America (the Big “I”) is hailing House Financial Services Committee passage of H.R. 4634, the Terrorism Risk Insurance Backstop Extension Act.The Association...

Mich. Insurer Group Taps Former Auto Industry Lobbyist as New Executive Director

Sep 28 2004 // The Lansing, Mich.-based Insurance Institute of Michigan has named a former lobbyist for the auto industry as its new executive director. Peter Kuhnmuench will start Oct. 11, 2004 and previously served as legislative...

NAIC Adopts Amendments to Medicare Model Law

Sep 27 2004 // The National Association of Insurance Commissioners (NAIC) has adopted amendments to its Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act to make it compliant with the...

CIAB Urges TRIA Extension, Passage of Regulatory ‘Roadmap’ at Testimony

Sep 24 2004 // The Council of Insurance agents & Brokers has told Congress that it “should move to extend the federal terrorism backstop beyond its Dec. 31, 2005, expiration date because the private marketplace is not prepared...

AIA Insurers Call State Regulation a ‘Trifecta’ of Failure, State Their Case for Federal Role

Sep 23 2004 // A representative of the American Insurance Association (AIA) testified before the Senate Banking Committee, alleging that “the outdated, dysfunctional nature” of state insurance regulation does not allow the...

California Governor Vetoes Bill Sponsored by Personal Injury Lawyers

Sep 23 2004 // Continuing to act on his pledge to improve California’s business climate and prevent expensive litigation and abuse by special interest groups, Gov. Arnold Schwarzenegger (R) has vetoed legislation sponsored by...

On Behalf of State Regulators, N.Y. Superintendent Serio Speaks Out Against Federal Oversight

Sep 22 2004 // Claiming that progress is already underway toward building a stronger, national, state-based system of insurance regulation, the National Association of Insurance Commissioners (NAIC) told the Senate Committee on Banking,...

NAMIC Cites Oxley as Legislator of the Year

Sep 21 2004 // Rep. Michael Oxley (R-OHIO), chairman of the powerful House Financial Services Committee which handles federal terror insurance, flood program and other industry legislation, was named the first-ever Legislator of the Year...

New Article Reportedly Confirms Earlier Findings Regarding Government Price Controls for Insurance

Sep 21 2004 // A recent report produced by Milliman Inc. has reportedly confirmed findings from its earlier study regarding California’s Proposition 103, which instituted a system of rigid price regulation for insurance...