All the headlines from our Legislation Topic Page, ordered by recency.
Oct 29 2001 // If the nautical term best applied to the reinsurance industry last year this time would have been “Steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve qui...
Oct 29 2001 // Carrying on with business after the tragic terrorist attacks on Sept. 11, the National Association of Independent Insurers (NAII) will hold its 56th annual meeting in New Orleans Nov. 4-7 as scheduled.Speakers at the...
Oct 24 2001 // The New York State Court of Appeals recently ruled that insurance companies must treat settlements that “are not linked by a common origin” separately, and cannot combine them in order to tap into reinsurance...
Oct 23 2001 // The Pennsylvania Supreme Court has reversed a lower court decision which had barred an action against Liberty Mutual and other insurers brought by Sunbeam Corp. and a number of other plaintiffs, seeking to recover claims...
Oct 22 2001 // A judge has added $1.8 million in punitive damages to a $3 million jury verdict in the fraud trial of two Chicago area insurance companies accused of dragging their feet in paying out claims.According to a report in the...
Oct 19 2001 // A new law modernizing regulation of commercial insurance, now in effect in Missouri, will stimulate competition by eliminating unnecessary bureaucracy.The new law, enacted as Senate Bill 186, specifies that all commercial...
Oct 18 2001 // The National Association of Independent Insurers (NAII) expressed satisfaction that for the third time in as many years, California Gov. Gray Davis vetoed a workers’ compensation reform bill that failed to adequately...
Oct 15 2001 // After security workers at San Jose International Airport allegedly lost a carry-on bag containing more than $100,000 in jewelry, the bag’s owner attempted to sue for damages. However, a split panel of the 9th U.S....
Oct 15 2001 // Although another terrorist attack is a concept too awful to imagine, as an industry, our job is to protect against the unthinkable. That’s why insurers and reinsurers alike are lining up to support the creation of a...
Oct 8 2001 // Carrying on with business after the tragic terrorist attacks on Sept. 11, the National Association of Independent Insurers (NAII) will hold its 56th annual meeting in New Orleans Nov. 4-7 as scheduled.Speakers at the...
Oct 8 2001 // Lloyd’s of London, the world’s oldest and most visible insurer, finally released its projected loss figures from the disastrous events of Sept. 11. According to the calculations from over 100 syndicates, net...
Oct 5 2001 // The National Association of Mutual Insurance Companies (NAMIC) registered strong opposition to a draft proposal by the Consumer Federation of America (CFA) that would severely limit the authority of state...
Oct 3 2001 // An e-mail anti-spam bill offered by Rep. Bob Goodlatte (R-Va.) strikes a positive balance between protecting consumers from an unwanted avalanche of commercial e-mails while still permitting small businesses to use online...
Oct 2 2001 // Robert K. Houton is the newest member of the Independent Insurance Agents of America’s government affairs operation, having joined the staff as a lobbyist and grassroots specialist.As IIAA’s new Washington...
Oct 2 2001 // The end of the 2001 legislative session brought a number of legislative successes for independent agents and insurance brokers, including the passage of a bill designed to make technical corrections to last year’s...
Sep 30 2001 // John Latham will step aside as National Association of Professional Surplus Lines Offices (NAPSLO) president later this month making room for Tap Johnson, Jr. Before his exit, he agreed to spend a few minutes with...
Sep 30 2001 // Tapley O. Johnson, Jr., incoming president of the National Association of Professional Surplus Lines Offices (NAPSLO) and chairman of the annual convention, expects some 2,200 attendees at the 27th Annual Convention in San...
Sep 30 2001 // When John Latham steps down as president of the National Association of Professional Surplus Lines Offices (NAPSLO) in San Antonio later this month, Tapley O. Johnson, Jr., will take on the office as incoming president and...
Sep 30 2001 // Rule makers over at TDI are huddling these days trying to decide how best to promul-gate regulations for the pending implementation of private passenger auto insurance by-the- mile for Texas drivers. The measure was born...
Sep 27 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...