All the headlines from our Legislation Topic Page, ordered by recency.
Oct 27 2003 // After announcing plans to inform its members how to implement NY’s new Producer Licensing Act, (See IJ Website Oct. 24) the Professional Insurance Agents of New York State Inc. has issued a bulletin praising the...
Oct 24 2003 // In overturning a lower court ruling, the Texas Supreme Court has ruled that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value.In the case of American...
Oct 24 2003 // Two major property/casualty trade associations have expressed serious concerns about a large surplus in the National Association of Insurance Commissioners’ (NAIC) proposed 2004 budget.For the three-year period...
Oct 23 2003 // While insurance regulation reforms are needed, federal regulation of insurance is the wrong approach, according to a major property/casualty trade association.The National Association of Mutual Insurance Companies (NAMIC),...
Oct 23 2003 // There is a vital role for Congress to play in reforming the state insurance regulatory system, but such an effort need not replace or duplicate at the federal level what is already in place at the state level, the...
Oct 23 2003 // The efforts of the business community, insurers, and concerned citizens are reportedly beginning to show results as evidenced by the close procedural vote that occurred on class action reform legislation Wednesday in the...
Oct 23 2003 // On Oct. 15, 2003, Director of Insurance, Charles Cohen, issued an order that establishes loss ratio standards and rate limits for credit property and credit unemployment insurance products offered to Arizona...
Oct 22 2003 // The New York Court of Appeals has unanimously upheld the state Insurance Department’s right to implement the reforms contained in Regulation 68, which would require notice of a “no-fault” claim to be...
Oct 22 2003 // California Insurance Commissioner John Garamendi outlined the second phase of his workers’ compensation reform plan Oct. 21. The reform legislation that he helped shape during the first phase of this effort is...
Oct 20 2003 // Richard Bouhan, executive director of NAPSLO, and California Insurance lobbyist Dietmar Grellman of Norwood & Associates stressed the need for vigilance and activism at a breakfast sponsored by the California...
Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance JournalBy Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...
Oct 20 2003 // Calif. Gov. Gray Davis, with much fanfare and hoopla, signed this year’s workers’ comp reform package, citing estimates that the bills will wring more than $4 million in yearly costs from the California’s...
Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance JournalBy Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...
Oct 20 2003 // Oregon Governor Ted Kulongoski recently signed several pieces of significant property/casualty insurance legislation, including measures dealing with credit reports, taxes, auto insurance coverage and environmental...
Oct 20 2003 // More than 1,400 agents and brokers ventured out to an oasis in Indian Wells, Calif., to take part in the American Agents Alliance 29th Annual Conference and Expo held on Oct. 8-12.The four-day event, held at the...
Oct 17 2003 // In an address at the National Association of Independent Insurers Fall Legislative Meeting, Sen. James L. Seward, chairman of the Senate Standing Committee on Insurance, stressed the need for serious fraud reform in New...
Oct 16 2003 // The European Commission, the European Union’s regulatory authority, has dropped an investigation of the British government’s rules concerning the Lloyd’s market. The EC began the probe in response to...
Oct 14 2003 // Oregon Governor Ted Kulongoski recently signed several pieces of significant property/casualty insurance legislation, including measures dealing with credit reports, taxes, auto insurance coverage and environmental...
Oct 13 2003 // Faced with a hard insurance marketplace and eager to offer an alternative source of insurance to its current and prospective members, the National Burglar & Fire Alarm Association (“NBFAA”) recently turned...
Oct 13 2003 // Despite the earnest efforts of New York’s governor George Pataki to find a quick solution to the dispute between Silverstein Properties and Swiss Re over the amount to be paid for the destruction of the World Trade...