All the headlines from our Legislation Topic Page, ordered by recency.
May 20 2002 // Officers of the Professional Insurance Agents of New Jersey (PIANJ) met recently with Department of Banking and Insurance (DOBI) and the Association for Cooperative Operations Research and Development officials to discuss...
May 15 2002 // The Alliance of American Insurers expressed its opposition to the online privacy bill scheduled for markup on May 16 in the U.S. Senate Commerce, Science and Transportation Committee.Sponsored by Senate Commerce Committee...
May 13 2002 // U.S. District Judge Mary Ann Vial Lemmon ordered Jihad Razzaq, a 35-year old illegal immigrant from Palestine, to serve 15 months in federal prison for making a false claim to the New York Life Insurance Co. that his wife...
May 13 2002 // A federal judge has thrown out a lawsuit alleging that Credit Lyonnais and others engaged in fraudulent activity in the 1993 acquisition of the assets of the futile Executive Life Insurance Co, according to the Los Angeles...
May 13 2002 // A bill working its way through the California Assembly that would give the insurance commissioner greater authority over workers compensation rates is contrary to the state’s open competition rating law and will only...
May 13 2002 // Amid heavy lobbying on the part of financial lenders, insurers, real estate executives and even President Bush, the Democrats and Republicans in the Senate seem to have come to agreement that there is need for some kind of...
May 13 2002 // The first online continuing education course offered through the Independent Insurance Agents and Brokers of America’s (IIABA) Virtual University has been unveiled—in Texas. The course is available on the...
May 13 2002 // Utah’s new law restricting insurers’ use of credit-based insurance scores to “initial underwriting” and discounts took effect May 6. The state Insurance Department had asked insurers to comment on...
May 9 2002 // Proposed amendments to California’s fair claims settlements practices regulations exceed the Department of Insurance’s authority and would prevent insurers from settling claims in a prompt, efficient, and fair...
May 8 2002 // A National Association of Insurance Commissioners (NAIC) committee wanting to add terrorism risk to an existing plan for catastrophe reserving has agreed to slow down after the National Association of Mutual Insurance...
May 8 2002 // The Alliance of American Insurers has pointed to the U.S. Congress Joint Economic Committee’s (JEC) new study The Economic Costs of Terrorism, as further evidence that federal terrorism reinsurance legislation is...
May 7 2002 // Hospitals in Pennsylvania are estimated to be paying more than $180 million in additional premiums for medical liability insurance compared to a year ago, according to a statewide survey of medical professional liability...
May 6 2002 // Ohio Department of Insurance Director Lee Covington has signed a cooperative agreement that will increase the efficiency and effectiveness of market conduct examinations of insurance companies doing business in Ohio....
May 6 2002 // Utah’s new law restricting insurers’ use of credit-based insurance scores to “initial underwriting” and discounts will take effect May 6. The state Insurance Department has asked insurers to comment...
May 3 2002 // New York—The insurance business needs help in the form of terrorism coverage, but it’s no panacea, warns Robert V. Mendelsohn, the American Chief Executive of London-based Royal & Sun Alliance Insurance...
May 1 2002 // Insurers will not be able to use a consumer’s credit history as the sole basis for underwriting decisions under a bill approved recently by the Minnesota State Legislature, according to the American Insurance...
Apr 29 2002 // The personal automobile insurance market in Texas may not be approaching the crisis level at which the homeowners market currently finds itself, but signs indicate that it may be in for a rough ride.According to the Texas...
Apr 29 2002 // To some it is the greatest thing since sliced bread, but others see it as the most flagrant abuse the insurance industry has every heaped upon the consumer.Insurance companies, consumer advocates and regulators just cannot...
Apr 29 2002 // To some it is the greatest thing since sliced bread, but others see it as the most flagrant abuse the insurance industry has ever heaped upon the consumer.Insurance companies, consumer advocates and regulators just cannot...
Apr 29 2002 // A California insurance committee has approved legislation that would indefinitely extend the state’s experimental low cost auto insurance program and could drive up the number of underinsured motorists, according to...