Latest Legislation Headlines

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

Data Mining vs. Privacy

May 15 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...

Insurance Regulatory Information Network Changes to National Insurance Producer Registry

May 12 2000 // The Insurance Regulatory Information Network has changed its name to the National Insurance Producer Registry to reflect the group’s accelerated effort to establish national producer licensing for the insurance...

PIA National Board Adopts Policy on State Oversight

May 10 2000 // The National Association of Professional Insurance Agents has adopted a policy position favoring a newly evolved system of oversight and guiding PIA participation in the insurance regulatory reform efforts of the National...

State Legislatures Key To Preserving State Insurance

May 8 2000 // State legislators hold the key to preserving state insurance regulation, an official of the National Association of Mutual Insurance Companies (NAMIC) told an audience at the spring meeting of the National Conference of...

Clinton Proposes New Privacy Protections

May 2 2000 // President Clinton over the weekend proposed new privacy legislation allowing consumers to stop financial companies from sharing information about them.Clinton made the comments during a commencement address at Eastern...

What Are You Anyway’ Agent/Broker Distinctions Can Get Muddled

May 1 2000 // Recent legislation has industry circles wrestling over the ongoing question: What makes an agent an agent and a broker a broker?An agent is traditionally defined as a licensed individual or organization authorized to sell...

Government Endorses Fewer Hours for Truckers

Apr 26 2000 // The Department of Transportation has proposed new rest requirements for truck drivers in an effort to reduce the number of accidents caused by exhaustion.The American Trucking Association opposes the new rules, saying such...

IIAA, NAIFA Outline Concerns with E-Signature Legislation

Apr 26 2000 // A letter was recently sent to House Commerce Committee Chairman Tom Bliley (R-Va.) outlining IIAA’s and NAIFA’s concerns with e-signature legislation pending before a House-Senate conference committee. Bliley...

Colorado Deregulation Bill Approved

Apr 26 2000 // Colorado Gov. Bill Ownes has signed a bill changing insurer rate filings for workers’ comp, medical malpractice written by the joint underwriting association, and credit insurance from prior approval to file and use....

U.S. Judge May Soon Approve Swiss Holocaust Pact

Apr 11 2000 // A U.S. District judge is expected to approve a $1.25 billion accord reached more than two years ago by Swiss banks to settle claims of that they never returned valuables deposited by Holocaust survivors prior to World War...

PEOs Change Focus by Courting Agents as Partners, not Customers

Apr 10 2000 // As much as 10 years ago, independent insurance agents were being courted by professional employer organizations (PEOs), which viewed the small structure of agents’ offices as ripe for their human resources...

ACE Bashes Introduced Legislation

Apr 6 2000 // House Ways and Means Committee Members Nancy Johnson (R-Conn), Richard Neal (D-Mass) and Robert Matsui (D-Calif) have introduced legislation to close what they allege is a “tax loophole that allows insurers based in...

Idaho Lawmakers Pass GDL Bill

Apr 6 2000 // The Idaho legislature passed a graduated drivers’ license bill to help increase highway safety and reduce the number of fatal accidents involving teenage drivers. The Idaho legislative action follows that of...

WORKERS’ COMP MARKET OVERVIEW

Apr 3 2000 // By Sky Barnhart“After five years of product being given away, it’s a crazy, crazy market, and it’s put a lot of people on the producers’ side out of business.” “Turbulent and...

Insurance Groups Accuse OSHA of Overstepping Its Boundaries

Apr 3 2000 // No one would call the Occupational Safety and Health Administration (OSHA) a wildly popular entity, but lately, it has been making its presence even more unwelcome. OSHA’s recent proposed ergonomic standard is on the...

Quackenbush Under Fire for Fund-Raising Tactics

Apr 3 2000 // California Insurance Commissioner Chuck Quackenbush collected political contributions from insurance companies and transferred $100,000 to his wife’s campaign accounts to repay her for personal loans she made to her...

Privacy Legislation Could Have a Negative Impact on W/C Insurers

Apr 3 2000 // broad coalition of insurance and employer trade associations and companies recently filed comments with the U.S. Department of Health and Human Services on proposed medical records privacy regulations. Insurers argue the...

The Unraveling of Superior National

Mar 30 2000 // Editor’s Note: This article was written by Standard & Poor’s analyst Darin Feldman, and is printed with permission.In its 1998 annual report “Survival of the Fittest,” Superior National...

NAIC Approves Regulation Blueprint

Mar 14 2000 // Amid pressure from the banking industry to regulate insurance on the federal level, state insurance regulators are considering a move that would allow some insurers to be treated as if they have a federal charter. The plan...

AIA Applauds Virginia Legislation

Feb 2 2000 // The American Insurance Association (AIA) expressed its approval of Virginia’s recent adoption of legislative language ensuring the inclusion of consumers in electronic commerce legislation. Virginia’s version...