Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

Lloyd’s Estimates U.S. Disaster Losses at$1.91 Billion

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...

NAMIC Objects to CFA’s Model for Insurance Regulation

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...

IIAA Endorses Goodlatte Anti-Spam Bill

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...

Houton Joins IIAA Government Affairs Operation

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...

IBA West Outlines 2001 California Legislative Successes

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...

NAPSLO Retrospective: A Visit With Outgoing President John Latham

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...

2,200 Attendees Expected at NAPSLO Convention, Pulitzer Prize-Winning Historian to Keynote 27th Annu

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...

Incoming NAPSLO President Focuses on Regulatory Issues, Technology

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...

Mileage-Based Auto Insurance’

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...

Ohio Director Reminds of New Licensing Requirements

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...

NAII: Auto Rating Discount Proposal Would Penalize Calif. Drivers

Sep 27 2001 // A proposed regulation that would allow only those drivers who renew coverage with their current insurer to receive discounts would stifle competition and unfairly penalize thousands of responsible motorists in the...

Calif. Session Ends with Defeat of Privacy Bill, Fate of Unbalanced Workers’ Comp Bill Unknown

Sep 25 2001 // The 2001 California Legislature delivered favorable results to the insurance industry by defeating unreasonable privacy mandates, lifting restrictions on anti-fraud efforts, and approving the collection of more funds from...

Ohio Director Reminds Agents of New Licensing Requirements

Sep 25 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...

Mold Legislation Reaches Calif. Governor’s Desk

Sep 17 2001 // A California toxic mold bill reached Gov. Gray Davis’ desk on the evening of Sept. 13.The bill, SB 732, would enact the Toxic Mold Protection Act of 2001. It charges the California Department of Health Services with...

Nonprofits Especially Need Protection Against D&O Liability Risks

Sep 17 2001 // Although Directors’ and Officers’ liability insurance (D&O) often is associated with large for-profit companies, they are not the only ones that need it. Many people hold the common misperception that...

NY Reg 68 Auto Insurance Reforms Stay Blocked

Sep 11 2001 // An Appellate Court in New York has blocked the implementation of the automobile insurance reforms contained in Regulation 68, which were due to go into force on September 1.(See IJ Website Sept. 5)Justice Peter Tom ordered...

Judge Sets December 4 Deadline for Reliance

Sep 11 2001 // Judge James Gardner Colins has given the Pennsylvania Insurance Department (PDI) until December 4th to come up with a plan to either rehabilitate Reliance Insurance Co., or to shut down the insolvent insurer. The PDI is...

Fear of the Unknown–The Mold Issue Raises More Questions Than Answers (Part II) By Catherine Tapia

Sep 10 2001 // By Catherine TapiaThis is the second installation of a two-part series dealing with the rising issue of toxic mold claims, which continues its exploration of specific mold-related lawsuits in California: determining...

Construction Defect, Mold Issues Considered During Last Days of Calif. Session

Sep 10 2001 // The last day of the 2001 California legislative session, Sept. 14, is rapidly drawing near. Among the remaining bills whose fate hangs in the balance are two which, if passed, would have varying degrees of impact on...

Fear of the Unknown-The Mold Issue Raises More Questions Than Answers

Sep 10 2001 // Editor’s Note: This is the second installation of a two-part series dealing with the rising issue of toxic mold claims. See IJ, Aug. 27, 2001, for Part I.Part II Determining causation A major aspect of the ongoing...