Latest Legislation Headlines

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

NAMIC Urges State Legislators to Introduce Insurance Compliance Self-Evaluative Privilege Model Act

Jul 12 2001 // The National Association of Mutual Insurance Companies (NAMIC) encouraged the National Conference of Insurance Legislators (NCOIL) to introduce its Insurance Compliance Self-Evaluative Privilege Model Act in state...

AIA Says Insurer Interests Not Addressed in HHS Privacy Materials

Jul 11 2001 // According to the American Insurance Association (AIA), the first in a series of guidance materials intended to clarify key provisions of the new federal privacy protections for medical records and other personal health...

Mo. Adopts NAIC Privacy Model Without Health, Workers’ Comp Provisions

Jul 9 2001 // The Missouri Insurance Department has adopted an emergency consumer privacy regulation containing a third party claimant provision but excluding health and workers’ compensation insurance. National Association of...

House Committee Approves Financial Services Anti-fraud Bill

Jul 9 2001 // Federal legislation aimed at helping prevent fraud from within the ranks of the rapidly converging financial service sector has been voted out of the House Financial Services Committee.This legislation — the Fin-ancial...

CDI to Join NAIC Midwest Zone Continuing Education Reciprocity Project

Jul 6 2001 // The California Department of Insurance (CDI) filed a request to be a part of the National Association of Insurance Commissioners’ (NAIC) Midwest Zone Continuing Education Reciprocity Project.The CDI stated that it...

Wash. Lawmakers Gear Up for Third Special Session, Transportation Bills at Issue

Jul 5 2001 // According to the National Association of Independent Insurers (NAII), as the Washington state legislature gears up for a third special session to settle transportation issues, insurance industry representatives are...

Council of Insurance Agents + Brokers , AIA comment on Passage of Antifraud Act

Jul 3 2001 // The Council of Insurance Agents + Brokers showed its support to The House Financial Services Committee Chairman Mike Oxley (R-OH) and Rep. Mike Rogers (R-MI) on the recent passage of the Financial Services Antifraud...

Calif. Assembly Committee Defeats Privacy Bill

Jul 2 2001 // According to the National Association of Independent Insurers (NAII), the California Assembly Banking and Finance Committee narrowly nixed proposed legislation that would have restricted the ability of businesses to offer...

Consumer Federation of America’s Study Comes Under Fire from AIA

Jul 2 2001 // Calling the Consumer Federation of America’s (CFA) study on state insurance regulation “poorly conceived” and “wrong headed,” the American Insurance Association (AIA) is urging CFA to retract...

NAII Points to Rate Regulation, Repair Costs as Major Factors in Average Auto Premium Results

Jun 29 2001 // According to the National Association of Independent Insurers (NAII), a state’s rating law plays a significant role in what people pay for auto insurance, Consumers in states with more regulation pay higher premiums...

AIA Applauds Defeat of Financial Privacy Legislation in California

Jun 29 2001 // According to the American Insurance Association (AIA), following a second lengthy hearing, the Assembly Banking Committee recently voted to kill a bill that would have interrupted the California information economy. The...

Commissioner Fitzgerald Testifies Before Congress

Jun 27 2001 // Michigan’s Financial and Insurance Services Commissioner, Frank M. Fitzgerald, testified last week before the U.S. House of Representatives Capital Markets, Insurance and Government Sponsored Enterprises...

IIAA Urges State Reforms to Boost Speed-to-Market

Jun 25 2001 // The Independent Insurance Agents of America (IIAA) told Congress that independent agents are committed to finding a solution to the speed-to-market issue that balances the demands of competition, free enterprise and...

Ore. Lawmakers Weigh Workers’ Comp Issues in Waning Days of 2001 Session

Jun 25 2001 // The National Association of Independent Insurers (NAII) noted that as the 2001 Oregon legislative session rapidly approaches its conclusion, workers’ compensation issues continue to dominate the discussions.SB 485, a...

Losing Sleep Over Privacy

Jun 25 2001 // In the last issue, I wrote about getting a grip on GLBA. As we creep closer to the July 1 deadline, I think the subject needs some more clarification.Last week, a reader called me in a panic wondering if the requirements...

$7M VERDICT REACHED

Jun 25 2001 // A jury awarded almost $7,000,000 in earthquake repair costs and bad faith damages on June 15 to a Culver City condominium homeowners association in a lawsuit against Scottsdale Insurance Company. According to the Los...

AIA Testifies: Need for Insurance Regulatory Reform Is Urgent

Jun 22 2001 // Appearing on behalf of the American Insurance Association (AIA) before the House Financial Services Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises, Robert Gowdy, President and CEO of...

New Lawsuit Against Crédit Lyonnais – French Gov’t. Responds

Jun 21 2001 // California Attorney General Bill Lockyer’s lawsuit against Crédit Lyonnais (CL) and a number of other defendants, filed Tuesday in San Francisco, is the latest legal action involving the French bank and its...

NAII, Alliance to Testify at Congressional Hearing on Regulatory Modernization

Jun 21 2001 // On Thursday, June 21, 2001, National Association of Independent Insurers (NAII) Vice President and Assistant General Counsel Bob Zeman will testify before the U.S. House Committee on Financial Services Subcommittee on...

Colo. Insurers Win Some, Lose Some with Recent DOI Decisions

Jun 20 2001 // According to the National Association of Independent Insurers (NAII), at the urging of the association and its member companies, the Colorado Division of Insurance agreed to withdraw two bulletins that rendered meaningless...