Latest Legislation Headlines

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

NAIC Submits Legislative Proposal to Combat Insurance Fraud

Sep 27 2000 // The National Association of Insurance Commissioners has submitted proposed legislation to grant state insurance regulators access to the FBI’s National Crime Information Center database. The NAIC made the request in...

NAIC Adopts Model Consumer Privacy Regulation Initiative

Sep 27 2000 // The National Association of Insurance Commissioners has adopted standards for the regulation of Consumer Financial and Health Information in an effort to guide individual states in their efforts to comply with the consumer...

Kelso Issues Cease & Desist Order to Winters Group

Sep 18 2000 // A Cease & Desist Order, issued by acting California Insurance Commissioner J. Clark Kelso, was served Aug. 30 on the Winters, Calif.-based Puget’s Sound Agricultural Society Ltd. (aka: Jesus Christ...

Governor Davis Signs California Agent Licensing Bill

Sep 18 2000 // On Sept. 5, California Governor Gray Davis signed into law AB 393, the state’s new agent licensing law.Sponsored by Assemblymember Jack Scott (D-Altadena), AB 393 requires anyone transacting insurance to meet...

Four States Earn Second Round NAIC Accreditation

Sep 12 2000 // Four states were awarded second-round accreditation certificates today under the National Association of Insurance Commissioners’ Financial Regulation Standards and Accreditation Program. “We congratulate...

District of Columbia, Oklahoma, Tennessee Receive NAIC Awards

Sep 12 2000 // Three states were recognized for successfully implementing all 11 technology-based initiatives in the State Regulation 2000 (SR 2000) program. The District of Columbia Department of Insurance and Securities Regulation, the...

BROKER FEE REGS PASS OAL

Sep 4 2000 // On Aug. 25, the proposed broker fee regulations were approved by the Office of Administrative Law (OAL) and were filed with the Secretary of State. This means they are now regulations, with an effective date of Nov. 23,...

Judge Ito Sentences Ex-Attorney to 10 Years in State Prison

Aug 30 2000 // On Aug. 29, Former attorney Manny Lee Kreitenberg of Beverly Hills was sentenced to 10 years in state prison on one felony count of conspiracy to commit insurance fraud and 13 counts of insurance fraud. In addition,...

SAFECO, Montana Work to Resolve Privacy Issues

Aug 30 2000 // Montana State Auditor Mark O’Keefe and SAFECO Regional Vice-President Bill Norman are working together to resolve issues raised by a recent SAFECO mailing in response to the amendments to the Montana Insurance...

Irish Insurance Federation Speaks Out On Roads, Regulation

Aug 28 2000 // The booming Irish economy has given Ireland’s people huge benefits. The increase in productivity and investment has put lots of money in Irish pockets, and, as opportunities in Ireland become more attractive, its...

Kelso Criticizes CDI Management

Aug 10 2000 // Clark Kelso, who took the reins as California’s insurance commissioner after the July 10 resignation of Chuck Quackenbush, severely criticized the state’s Department of Insurance before the Senate Insurance...

NY High Court Grants Summary Judgement in

Aug 9 2000 // The Supreme Court of New York recently granted summary judgement in favor of New York Apple Tours Inc. by ruling that the company’s former insurer, TRM International Inc., had wrongfully and unlawfully cancelled NY...

NAIC Provides Testimony on Implementation of Gramm-Leach-Bliley

Jul 21 2000 // Taking the National Association of Insurance Commissioner’s regulatory reform agenda before the Congress, NAIC President and Kentucky Insurance Commissioner George Nichols said during Congressional testimony Thursday...

Clinton Signs New Mexico Fire Victims Legislation

Jul 14 2000 // President Clinton signed legislation yesterday designed to provide compensation to victims of recent New Mexico wildfires. The new bill will affect the owners of more than 400 homes destroyed by fires that were sparked in...

Washington D.C. Commercial Deregulation Bill Passes

Jul 13 2000 // Legislation to reduce government regulation of commercial insurance in Washington D.C. was approved by the District of Columbia Council. Under the legislation, large commercial risks are exempt from filing requirements for...

McConaghy Takes Reins at Rhode Island Department of Business Regulation

Jul 11 2000 // A former Rhode Island Department of Business Regulation attorney will be sworn in today as the department’s new director. Marilyn Shannon McConaghy was executive counsel to the DBR for the last two years and played a...

States Ratify $213.5 Million Settlement on Discriminatory

Jul 11 2000 // States representing more than 86 percent of the American General policyholders that paid race-based life insurance premiums have ratified a multi-million-dollar penalty and restitution settlement negotiated by Florida...

NAII Looks to Reverse Court Ruling, Files Friend of the Court Brief

Jul 11 2000 // The National Association of Independent Insurers (NAII) filed a friend of the court brief on June 28 asking for a reversal of a California Superior Court ruling related to the case of Lugo v. Allstate Insurance Company....

New Jersey Legislature Recesses for Summer; Insurance Issues Await Fall Action

Jul 10 2000 // The New Jersey legislature recessed for the summer without voting on major legislation that would allow new lawsuits. The New Jersey trial bar is supporting the bill, which would create a situation similar to that...

Washington State Supreme Court Ruling Seen Favorably by Industry

Jun 27 2000 // The Washington State Supreme Court’s unanimous decision affirming a lower court’s ruling that said insurers need not include all possible reasons for denying a claim when determining if they have a duty to...