Latest Legislation Headlines

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

IBC to Hold 4th Annual Regulatory Affairs Symposium

Sep 20 2004 // The Insurance Bureau of Canada will be hosting its 4th annual Regulatory Affairs Symposium on Thursday, November 4, 2004 from 8:45 a.m. to 1:30 p.m. (luncheon included) at the Toronto Sheraton Centre Hotel. An IBC bulletin...

One-on-One with NAPSLO’s Outgoing President

Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...

Building Relationships Key to Success Says NAPSLO’s Incoming President

Sep 20 2004 // Polizzi Prepares to Take the Reins at Orlando ConventionThirty years ago a small group of surplus lines professionals met in Miami Beach, Fla., to form what would be known today as the National Association of Surplus Lines...

Surplus Line Carriers

Sep 20 2004 // First RespondersOnce upon a time, the excess and surplus line market was the safety valve of the insurance industry—the more lightly regulated, more financially shaky little brother to the admitted market. It was said to...

India – Fascinating, Frustrating and Growing

Sep 20 2004 // This is the second in a series of articles on the Asia insurance marketplace. The next article in this series will focus on Japan and will appear in an October issue of Insurance Journal.An ancient Indian parable tells the...

Insurers Hope to Put Off TRIA’s Sunset

Sep 20 2004 // Regardless of whether President George W. Bush is re-elected or John Kerry moves into the White House, the property/casualty insurance industry appears to have a good chance of getting its wishes when it comes to extending...

IAIABC Panel Takes Fresh Look at Terrorism

Sep 20 2004 // In a code orange New York, the International Association of Industrial Accident Boards and Commissions (IAIABC) took a fresh look at terrorism and its relation to workers’ compensation at its recent 90th Annual...

Producers Caught in Multistate Surplus Lines Web

Sep 20 2004 // Surplus line producers have benefited greatly from the Gramm-Leach-Bliley Act. Since the act’s passage in 1999, most states have amended their laws to allow for nonresident licenses for surplus line producers. These...

CII Conference to Focus on FSA Claims Regulations

Sep 17 2004 // The U.K.’s Chartered Insurance Institute announced that its newly-formed Faculty of Claims is to host a session at the UK Insurance and Financial Services Conference, which will be held at the International...

Ill.’s Gov. Blagojevich Appoints Ex-Judge to Mediate Med-Mal Negotiations

Sep 17 2004 // After months of partisan and special interest stalemate over medical malpractice reform in the Illinois General Assembly, Gov. Rod Blagojevich has appointed a former judge and hospital lawyer to mediate ongoing...

PCI Approves SMART Draft; ‘Needs Some Clarification’

Sep 15 2004 // The Property Casualty Insurers Association of America told regulators that it shares the goal of improving and modernizing the insurance regulatory system and indicated that it views the State Modernization and Regulatory...

Workers’ Compensation Reform Regulations Move Forward On Schedule

Sep 14 2004 // The California Department of Industrial Relations, Division of Workers’ Compensation (DWC) is on track to meet its Nov. 1 deadline for adopting emergency regulations that will allow medical provider networks to begin...

NAMIC Applauds Passage of Tort Reform Bill

Sep 14 2004 // On Tuesday, by a vote of 229-174, the House of Representatives favorably approved H.R. 4571, the Lawsuit Abuse Reduction Act of 2004.H.R. 4571 would amend Rule 11 of the Federal Rules of Civil Procedure to penalize...

Commentary: SMART for Regulation’

Sep 14 2004 // Lobbyists for the American Insurance Association recently made their case for federal over state regulation of insurance before the House Committee on Financial Services by presenting a list that included the following:•...

Vilsack Signs Bill to Allow Apportionment of Iowa Workers’ Comp Claims

Sep 14 2004 // In a one-day special session, the Iowa Legislature passed a controversial economic stimulus package and reforms that insurers have argued will help reduce workers compensation costs. Gov. Tom Vilsack, a Democrat, signed...

NAIC Adopts Market Conduct Surveillance Model Law

Sep 14 2004 // The National Association of Insurance Commissioners has adopted a model law regarding how the states coordinate market conduct surveillance. It is based on a version recently put forth by the National Conference of...

Koken Named NAIC President; Ario Elected VP

Sep 13 2004 // Members of the National Association of Insurance Commissioners (NAIC) have elected a slate of three new officers in interim elections held during the 2004 NAIC Fall National Meeting. Pennsylvania Insurance Commissioner...

Louisiana Governor Kathleen Blanco

Sep 13 2004 // Laying a Foundation for Long Term SuccessBeing first is not a new thing to Kathleen Babineaux Blanco, who was sworn in on January 12, 2004 as the first female Governor of Louisiana. Twenty years earlier, at the beginning...

Texas Business Group Calls for Change in Ins. Laws

Sep 10 2004 // Three-fourths of uninsured Texans have full-time jobs but cannot afford health insurance, according to a report released recently by the Texas Association of Business.The study also shows that more than half of Texans...

Iowa Legislature Addresses Workers’ Comp Payments in Special Session

Sep 9 2004 // In a one-day special session, the Iowa Legislature has passed a controversial economic stimulus package and reforms supported by the Property Casualty Insurers Association of America (PCI) that will reportedly help reduce...