All the headlines from our Legislation Topic Page, ordered by recency.
Oct 8 2002 // Sidley Austin Brown & Wood LLP has added three senior insurance transactional and regulatory lawyers to the firm’s New York office. Nancy Corbett has joined Sidley as a partner. Accompanying her as counsel are...
Oct 8 2002 // The Hospital & Healthsystem Association of Pennsylvania (HAP) hailed House passage of a state Senate bill that would limit the practice of venue shopping by plaintiff attorneys, which seek to have medical malpractice...
Oct 7 2002 // The U.K.’s Financial Services Authority (FSA) is reportedly confident that Australian insurer AMP will meet regulatory requirements concerning its U.K.-based Pearl life and pension operation.According to a report...
Oct 4 2002 // A preliminary draft of a report prepared for the European Commission apparently indicates that U.K. regulators failed to adhere to European Community regulations in auditing and oversight of Lloyd’s of...
Oct 4 2002 // The NAII, in a letter to Kansas Insurance Commissioner Kathleen Sebelius, stated that proposed Kansas regulations requiring insurers to treat third-party property damage claims the same as first-party claims is...
Oct 3 2002 // Independent Insurance Agents & Brokers of America (IIABA) CEO Robert Rusbuldt, Senior Vice President of Government Affairs Maria Berthoud and two independent agents, along with business and union leaders, met with...
Oct 2 2002 // The National Association of Independent Insurers (NAII) announced it is conducting a series of a series of educational briefings for Texas legislators and their staff to provide background information on how the insurance...
Oct 2 2002 // Proposed regulations in California that address exemptions for employees who make adjustments to insurance policies from general licensing requirements need to be stronger and broader.“Unlicensed customer service...
Oct 2 2002 // The Alliance of American Insurers reports it was encouraged by President George W. Bush’s strong stance on the need for federal terrorism insurance legislation earlier this week.“President Bush painted a very...
Oct 1 2002 // In a letter to the United States Senate and Chairman Paul Sarbanes, the Independent Insurance Agents & Brokers of America (IIABA) is commending the Chairman in seeking a quick resolution to the present terrorism...
Oct 1 2002 // The U.K.’s Financial Services Authority, which assumed regulatory control of the country’s insurers a year ago, issued a bulletin stating that its goals were to create more openness with regulators and...
Oct 1 2002 // Noting that time was of the essence, President Bush has given lawmakers three days to come to an agreement on legislation guaranteeing businesses affordable terrorism insurance, according to the Associated Press. Bush...
Oct 1 2002 // New York Gov. George Pataki signed a bill into law Sept. 26 that enables the state’s drivers to sue their spouses and collect damages under joint auto liability coverage.The National Association of Independent...
Oct 1 2002 // Stricter penalties go into effect October 1 in Florida for licensed insurance agents who sell unlicensed insurance policies. Those agents could face a felony charge and lose their license under a new law passed during the...
Sep 30 2002 // California Governor Gray Davis (D) has signed two measures to improve how the California Department of Insurance regulates the solvency of workers’ compensation insurers, the American Insurance Association (AIA)...
Sep 30 2002 // The NAII lauded Missouri Circuit Judge Thomas Brown’s decision to grant the request of the state’s workers’ compensation insurers for a temporary injunction blocking the state Insurance Department from...
Sep 30 2002 // Friday the 13th of September will henceforth be known at Lloyd’s as the day that members approved a plan that will radically alter the way the London market is conducted.Ignoring any bad luck associated with the...
Sep 30 2002 // By now, it’s hardly an exaggeration that medical-malpractice liability insurance markets in several states are in crisis.As is the case with so many other insurance lines, the exodus of medical liability carriers...
Sep 30 2002 // The past year has been a difficult one for homeowner’s insurance agents and consumers. Providers have faced spiraling claims costs, while consumers are outraged by rate hikes—leaving agents in the middle to handle...
Sep 30 2002 // Friday the 13th of September will henceforth be known at Lloyd’s as the day that members approved a plan that will radically alter the way the London market is conducted.Ignoring any bad luck associated with the...