All the headlines from our Legislation Topic Page, ordered by recency.
Oct 17 2002 // Allianz CEO Henning Schulte-Noelle outlined the range of activities necessary to establish worldwide measurements and regulations for effective corporate governance in a speech Wednesday night in Frankfurt at a dinner...
Oct 16 2002 // If Congress adjourns without reaching a final agreement on terrorism reinsurance legislation, insurance markets for such coverage will continue to be plagued by availability and affordability issues, particularly for...
Oct 15 2002 // Judge Lorenzo Garcia of the U.S. District Court in Albuquerque New Mexico has upheld the ruling of a U.K. court in favor of Lloyd’s claims for a total of $2.8 million from six American investors, or...
Oct 14 2002 // Commissioner Frank M. Fitzgerald of the Michigan Office of Financial and Insurance Services will discuss his findings on insurance scoring at a national workshop on urban insurance to be held Oct. 23-24 at the Hotel Monaco...
Oct 14 2002 // Responding to the reported frustrations of member companies burdened by the cost of state insurance regulation, the National Association of Mutual Insurance Companies (NAMIC) has named Marsha Harrison, formerly vice...
Oct 14 2002 // A federal judge ruled Sept. 25 that the attacks on the World Trade Center last September resulted in “one occurrence” under a policy form used by a trio of insurers of the destroyed complex, according to a Dow...
Oct 14 2002 // A federal judge has dismissed J.P. Morgan Chase & Co.’s fraud claim levied against 11 insurers, possibly derailing the company’s attempt to gather approximately $1 billion in losses resulting in trade...
Oct 14 2002 // “Uneasy lies the head that wears a crown.” King Henry’s 15th century lament over his lack of sleep may well be shared these days by a number of 21st century CEOs, as investors call for their heads in the...
Oct 11 2002 // Even though the Legislature adjourned weeks ago without passing onerous privacy legislation, the Alliance of American Insurers continues working to address other ill-advised privacy measures in California. The most recent...
Oct 10 2002 // In a letter hand delivered to all terrorism reinsurance conferees, the National Association of Mutual Insurance Companies (NAMIC) and two other industry trade associations stated the critical nature of terrorism...
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...