All the headlines from our Legislation Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Jun 19 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 Brian S....
Jun 18 2001 // Ohio has become the first state to adopt the NAIC Electronic Commerce Bulletin. Ohio Department of Insurance Director Lee Covington made the announcement at the Electronic Commerce Symposium hosted by the Electronic...
Jun 18 2001 // Anti-fraud reforms recently passed in Tennessee, Florida and Nevada are a signal that insurance fraud is becoming a top-tier crime around the country, according to the Coalition Against Insurance Fraud, a national...
Jun 18 2001 // With the possible exception of Charles Darwin, matters of evolution generally take a back seat on the news bus to matters of revolution. So it has been with the 23 bills affecting the insurance industry that struggled...
Jun 15 2001 // A computer network that would link together the existing databases of U.S. state and federal banking, securities and insurance regulators in an effort to combat financial fraud could soon be a reality, much to the pleasure...
Jun 12 2001 // The National Association of Mutual Insurance Companies (NAMIC) did much more than detail its actions to achieve regulatory modernization at the state level to insurance regulators meeting in New Orleans last weekend.Naming...
Jun 12 2001 // The Nevada State Legislature adjourned last week following several important victories for the insurance industry, according to lobbying groups.Passage of measures benefiting insurers and the defeat of several trial...
Jun 11 2001 // Millions of small businesses stand to benefit from the just-enacted Restoring Earnings To Lift Individuals and Empower Families (RELIEF) Act, which institutes changes that will lower tax bills and help perpetuate...
Jun 11 2001 // Legislation sponsored by the American Insurance Association (AIA) moved one step closer to becoming law when the California State Assembly voted Thursday to approve a measure continuing the 20-percent premium tax credit...
Jun 11 2001 // What: The Gramm-Leach-Bliley Act (GLBA) regulations create unprecedented new obligations for insurance agents to adopt comprehensive privacy policies for handling customers’ personal information.When: Among other...