All the headlines from our Legislation Topic Page, ordered by recency.
Apr 23 2003 // The National Association of Independent Insurers has issued a bulletin in favor of a Massachusetts bill giving the insurance commissioner authority to promulgate privacy regulations consistent with the federal...
Apr 22 2003 // A group of judges will give their perspectives on the issue of tort reform during one of the panel discussions that will highlight the 81st Annual Meeting of the Alliance of American Insurers. The meeting will be held...
Apr 21 2003 // Maine-based Align360, a business and IT consulting firm, announced the release of their FLAG360TM product for the INSideOUTSM system (formerly known as WPCSM).As part of the Homeland Security Initiatives, the U.S. Treasury...
Apr 21 2003 // Two new sets of Treasury Department rules for implementation of the Terrorism Risk Insurance Act (TRIA) reportedly clarify important statutory requirements of the new law for insurers and address important state insurance...
Apr 21 2003 // The Georgia Senate unanimously approved legislation allowing insurers to use credit-based insurance scores in underwriting and rating homeowners and auto insurance coverage, according to the American Insurance Association...
Apr 21 2003 // A billion-dollar shortfall in Arizona’s state economy has many lawmakers conjuring up solutions and desperately searching for ways to solve current and future deficits.One solution that they came up with reportedly...
Apr 21 2003 // Insightful speakers and informative panels will present the most up-to-date overviews of issues affecting P/C insurers writing business in California during the Association of California Insurance Companies’ 14th...
Apr 21 2003 // The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,'” wrote Justice Ruth...
Apr 21 2003 // Give them credit—both agents and carriers have made credit scoring an issue that the industry can’t turn its back on.From studies to hearings, the issue has soared to become one of the top three or four issues in...
Apr 21 2003 // The ‘elephantine mass of asbestos cases lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,'” wrote Justice Ruth Bader...
Apr 21 2003 // Give them credit—both agents and carriers have made credit scoring an issue that the industry can’t turn its back on.From studies to hearings, the issue has soared to become one of the top three or four issues in...
Apr 21 2003 // One of the Insurance Journal’s roles is to keep insurance professionals updated on key legal issues affecting the insurance industry. Indeed, the Legal Beat Column often focuses on court cases and trends in the law...
Apr 18 2003 // “Regulation of the insurance industry in South Carolina is best handled by the Department of Insurance in Columbia, not a federal department of insurance in the District of Columbia,” said Gov. Mark Sanford (R)...
Apr 17 2003 // The Alliance of American Insurers reports it is pleased with the U.S. Treasury Department’s second set of regulations under the Terrorism Risk Insurance Act (TRIA) of 2002, which the department released April 15, as...
Apr 16 2003 // Navigators Pro, a division of Navigators Management Company, a subsidiary of The Navigators Group, Inc. (www.navg.com), has introduced the IDL InNAVation(SM) coverage endorsement to its traditional primary directors and...
Apr 16 2003 // The Oregon Senate Judiciary Committee unanimously voted to pass Senate Bill 260, which would prohibit insurance carriers from using credit information for underwriting and rating policies, the National Association of...
Apr 15 2003 // While privacy regulations under the Health Insurance Portability and Accessibility Act (HIPAA) do not apply directly to property/casualty insurers, the industry is expecting a significant impact due to health care...
Apr 15 2003 // The Florida House Subcommittee on Insurance Regulation approved a bill that would establish a flex rating system for homeowners, commercial property and auto insurance policies, according to the National Association of...
Apr 15 2003 // The increasing use of credit scoring by insurers in underwriting and rating personal lines of insurance has reportedly brought on increased interest, oversight and even some action by insurance regulators and state...
Apr 14 2003 // One day after meetings with National Association of Insurance Commissioners (NAIC) president Mike Pickens, the PIA National Board of Directors unanimously adopted a resolution reaffirming PIA’s support of a major...