All the headlines from our Legislation Topic Page, ordered by recency.
Apr 11 2002 // Legislation designed to reduce the high rate of automobile accidents caused by red light violations recently passed the Illinois Senate.Senate Bill 2159 permits municipalities and counties to install red light cameras that...
Apr 11 2002 // BOMA International President Sherwood Johnston, III, who met earlier this week with President George W. Bush and other business leaders to discuss the federal government’s role in addressing the unavailability of...
Apr 9 2002 // Insurance industry and consumer groups have joined together to launch an extensive advertising campaign aimed at building support for their efforts to bring about reforms in New Jersey’s automobile insurance...
Apr 9 2002 // New York’s Superintendent of Insurance Gregory V. Serio applauded Senator Schumer (D-NY) for his proposals on “federal legislation to help curb auto insurance fraud,” and urged him to focus on the...
Apr 9 2002 // According to a Reuters report, a federal judge has postponed plaintiffs’ request for an injunction to thwart accounting firm Arthur Andersen from selling off its assets.The delay allows the firm to negotiate a...
Apr 8 2002 // The decision by New York’s Appellate court to lift a stay of execution on the application of Regulation 68, imposed last February, clears the way for the immediate implementation of the new rules.NY Insurance...
Apr 8 2002 // Gov. Gary Locke has signed House Bill 2544 restricting insurers’ use of credit-based insurance scores. Earlier in the week, he signed Senate Bill 6409, providing an opportunity for corrective action to be taken...
Apr 3 2002 // Michigan has an opportunity to continue streamlining its rate and form filing process by adopting legislation recently introduced by Senator Bill Bullard (R-Highland), according to the National Association of Independent...
Apr 3 2002 // A.M. Best Co. has downgraded the financial strength rating to E (Under Regulatory Supervision) from B (Fair) for Legion Insurance Company and Villanova Insurance Company, Pa.The downgrade is tied in to the March 29...
Apr 2 2002 // The Minnesota legislature has voted overwhelmingly to override Governor Jesse Ventura’s veto of legislation that bans glass dealers from offering rebates and give-away incentives.The bill (HB 2570) repeals the...
Apr 2 2002 // An insurance company licensing proposal being considered by the Colorado Department of Insurance will make the process more uniform with other states, making it easier for insurers to enter the Colorado market, according...
Mar 27 2002 // Four leading New York agent and broker trade groups have joined forces to combat “rampant fraud” in the state’s no-fault automobile claims procedures. The Professional Insurance Agents of New York, Inc....
Mar 25 2002 // Calling it a step forward in making American highways safer, the Alliance of American Insurers (AAI) praised the U.S. Department of Transportation’s newly established safety requirements for Mexican trucks and buses....
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Mar 25 2002 // The insurance industry would like the public to believe they have found the holy grail of underwriting: credit scores. Since they now have this vehicle to make sure that only good drivers get good rates and bad ones pay...
Mar 22 2002 // Gregory V. Serio, New York’s Superintendent of Insurance and Empire State Development Chairman Charles A. Gargano issued a joint announcement concerning legislative proposals which would allow “a wider range of...
Mar 22 2002 // Gary Mendoza, GOP Nominee for California Insurance Commissioner, re-issued his call for state legislation prohibiting Insurance Commissioners and candidates for the Office of Commissioner from accepting campaign...
Mar 20 2002 // A study by John D. Worrall, professor and chair of economics at Rutgers University – Camden, concludes that “New Jersey’s auto insurance laws are fundamentally flawed, guaranteeing an inefficient and...
Mar 20 2002 // The National Association of Professional Insurance Agents (PIA) has condemned an opinion by the Office of the Comptroller of the Currency (OCC) that some provisions of a Massachusetts insurance law would be preempted under...