All the headlines from our Legislation Topic Page, ordered by recency.
Apr 14 2003 // Both houses of the Montana Legislature have approved HB 205, the Insurance Department’s bill to amend the state’s Insurance Information and Privacy Protection Act, according to the Alliance of American...
Apr 14 2003 // The Florida House Subcommittee on Insurance Regulation has approved a bill that would establish a flex rating system for homeowners, commercial property, and auto insurance policies.“This measure is a good first step...
Apr 11 2003 // Federal lawmakers Thursday learned that New Jersey’s auto insurance crisis has impacted more than a quarter million people within the past three years alone, forcing drivers to search for auto insurance in a market...
Apr 11 2003 // The current U.S. regulation system must change to accept Lloyd’s as a loyal partner rather than reinsurance aliens, the Chairman of Lloyd’s of London told journalists in Washington, D.C. recently.Speaking to...
Apr 11 2003 // The Florida House Subcommittee on Insurance Regulation has approved a bill that would establish a flex rating system for homeowners, commercial property, and auto insurance policies.“This measure is a good first step...
Apr 10 2003 // Legislation regulating the use of credit-based insurance scores was recently signed by North Dakota’s governor and has passed the Kansas legislature. Three other states, Colorado, Virginia and Wyoming have enacted...
Apr 9 2003 // A number of asbestos litigation reform bills were filed in both the Louisiana House and Senate for the session that began March 31, according to the Alliance of American Insurers, which has been active in developing and...
Apr 9 2003 // The Florida Senate’s Banking & Insurance Committee gave its approval to no-fault legislation containing many reforms advocated by the American Insurance Association (AIA). According to the AIA, the Motor Vehicle...
Apr 8 2003 // As the budget-dominated first year of a two-year Georgia legislative session winds down, a handful of insurance-related bills still remain to be settled, according to the National Association of Independent Insurers...
Apr 8 2003 // A tentative ruling in the class action lawsuit A&J Liquor Co. Inc., et al v. State Compensation Insurance Fund found in favor of California’s largest workers’ comp insurer April 7.San Francisco Superior...
Apr 7 2003 // Connecticut Senator Chris Dodd (D) was presented with the Independent Insurance Agents & Brokers of America’s 2002 Gerald Solomon Legislator of the Year Award during the Association’s 27th Annual National...
Apr 7 2003 // The Alabama Department of Insurance has scheduled regulation hearings for May 6 and May 21, 2003. The May 6 hearing will address the adoption of regulations concerning customer privacy and use of credit information....
Apr 7 2003 // A ruling by the U.S. Supreme Court today overturning a lower court’s ruling in State Farm Mutual Automobile Insurance Co. v. Curtis B. Campbell and Inez Preece Campbell is a victory for insurers and state regulation...
Apr 7 2003 // A jury award that would have forced State Farm Insurance Cos. to pay a Utah man $145 million in punitive damages has been overturned by the U.S. Supreme Court.Insurance trade groups said the 6-3 decision was a win not only...
Apr 7 2003 // Acting to provide greater protection for consumers who file insurance claims, California Commissioner John Garamendi has proposed amendments to the Fair Claims Settlement Practices (FCSP) regulations, which govern how...
Apr 7 2003 // Today, the California personal lines industry is at the peak of a down cycle that has adversely affected the homeowners’ insurance marketplace. The downturn began in 2000, and worsened after the Sept. 11 attack on...
Apr 7 2003 // Legislation authored by Texas Senator Troy Fraser to speed insurance companies’ response to water damage claims, limit the amount insurers can charge homeowners for previous water damage claims, and require the...
Apr 7 2003 // Could it be that there is a light at the end of the tunnel for the Texas homeowners market? Rates have firmed through waves of increases over the past two years to the point where they may have reached a pinnacle, at least...
Apr 4 2003 // The Texas Senate passed, on a 28-3 vote, Senate Bill 14, major insurance reform legislation that addresses rate regulation and the use of credit-based insurance scores, among other things.Generally, the bill regulates the...
Apr 3 2003 // The National Association of Mutual Insurance Companies (NAMIC) submitted comments this week to the Department of Treasury on the first round of interim final regulations of the Terrorism Risk Insurance Act (TRIA).The...