All the headlines from our Legislation Topic Page, ordered by recency.
Jun 26 2000 // Chalk up 2000 as another year for making great strides in passing legislation relating to deregulation. Since 1997, 21 states have passed laws deregulating commercial lines to one degree or another. “In 2000, we had...
Jun 23 2000 // A California Superior Court judge decided Wednesday to reconsider arguments in the Department of Insurance’s case to protect confidential market conduct exams released last year by the Senate.Sacramento Superior...
Jun 22 2000 // A California judge has frozen the assets of the California Research and Assistance Fund until lawsuits on its disposition are resolved.Affirming an earlier tentative ruling, Sacramento Superior Judge John Lewis granted...
Jun 19 2000 // An electronic signature bill approved by Congress last week contains important liability safeguards for independent agents according to the Independent Insurance Agents of America.S. 761—the Electronic Signatures in...
Jun 16 2000 // New York Superintendent of Insurance Neil D. Levin announced yesterday that the Department has filed a notice of intent to appeal a June 9 decision striking down Regulation 68 on a procedural technical basis.The filing of...
Jun 14 2000 // The National Association of Insurance Commissioners, assembled near Orlando for its summer conference, has named Florida Insurance Commissioner Bill Nelson to lead nationwide settlement negotiations as the primary...
Jun 13 2000 // Stricter no-fault auto insurance regulations in New York state were overturned yesterday by a judge who ruled that state insurance officials had not considered the impact on injured people and the doctors who treat...
Jun 13 2000 // Members of the National Association of Insurance Commissioners (NAIC) at the Summer National Meeting in Orlando yesterday approved a resolution to remedy the previous use of race as a criteria in underwriting and to...
Jun 12 2000 // A final electronic signature legislation agreement was struck last week by House and Senate conference committee negotiators. It is expected to easily pass in both chambers before being sent to President Clinton for his...
Jun 12 2000 // Trolling for new business leads has been the bane of insurance agents for decades. Electronic data mining has eased the pain, but there are many gray areas as the call for consumer privacy grows louder.It was a bet with a...
Jun 12 2000 // Nobody likes to lose their shirt, least of all insurers. So it’s no surprise that, following the huge losses caused by natural disasters in the past few years, insurers have bolted from the homeowners market, leaving...
Jun 2 2000 // A Pennsylvania state judge has ruled that Insurance Commissioner M. Diane Koken must stop “stonewalling” American Re-Insurance Co.’s application for regulatory approval to buy surplus lines insurer United...
May 30 2000 // A.M. Best’s Captive Directory 2000 Edition now ranks Vermont third in the world, surpassing Guernsey for captives domiciled behind Bermuda and the Cayman Islands. Vermont is home to more than twice as many captive...
May 29 2000 // The Superior Court of the State of California recently made a ruling favorable to ACE Ltd. in a lawsuit brought about by subsidiaries of AIG and Chubb. The lawsuit focused on a restructuring plan implemented in 1996 by INA...
May 26 2000 // A $7.1 billion bailout for American farmers hurt by depressed crop prices was approved Thursday by Congress. If approved by President Clinton, as is expected, the bill would make federal crop insurance cheaper and easier...
May 25 2000 // Last October Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation of Lloyd’s brokers.Now the results of...
May 23 2000 // The Insurance Institute of America has developed a new designation for people who need to understand the regulatory environment and the effect regulation has on the business of insurance. The Associate in Regulation and...
May 23 2000 // The Superior Court of the State of California recently made a ruling favorable to ACE Ltd. in a lawsuit brought against that company by subsidiaries of AIG and Chubb. The lawsuit focused on a restructuring plan implemented...
May 18 2000 // In a significant victory for independent agents, a federal appellate court yesterday unanimously affirmed a lower-court decision that overturned an Office of the Comptroller of the Currency (OCC) ruling permitting national...
May 16 2000 // Highlights of the otherwise quiet 2000 legislative session for insurers in Arizona included the passage of House Bill 2069 and Senate Bill 1130–two laws that will help further online insurance sales and modify auto...