I was surprised and impressed by the efficiency and expertise shown by everyone participating in the March 3-6 National Conference of Insurance Legislators meetings in Hilton Head, S.C. When I heard hundreds of congressmen, senators and insurance industry experts from …
If you still had doubts about the need for lawmakers to pass serious legal reform, you should have been convinced by the hurried filing of 85 questionable class action lawsuits in just two neighboring Illinois counties in the single week …
A new panel of North Dakota legislators would review workers’ compensation cases and have the power to suggest changes in policy or laws governing the government agency overseeing them, Workforce Safety and Insurance. According to the Associated Press, the proposed …
A new law signed last week by Gov. Dave Heineman, a Republican, will change the rate and form filing process for most personal and commercial insurance lines from prior approval to file and use. The law, LB 119, will affect …
The Kansas Senate has unanimously passed a bill to protect the insurance of military men and women deployed beyond the borders of the United States. This bill now advances to the House for consideration. This legislation stipulates that an individual …
The Washington, D.C.-based American Insurance Association recently voiced strong opposition to Granholm’s proposal to shift hundreds of millions of dollars in taxes onto the insurance industry, arguing it would chill industry job growth and hurt consumers. “The governor’s tax proposal …
A slim majority supports Gov. Jennifer Granholm’s plan to shift the tax burden on Michigan businesses from manufacturing and re-search firms onto insurers, according to a poll commissioned by the Michigan Association of Insurance Agents. The poll, conducted last month …
Minnesota Attorney General Mike Hatch filed a 400-page motion in state court Monday asking a judge to force broker Willis Group to hand over documents related to his investigation of the firm’s contingent commission practices. Willis issued a statement saying …
The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance companies highlighted the March 3-6 National Conference of Insurance Legisla-tors Spring …
The recent $190 million settlement between the world’s second largest insurance broker, Aon, and officials in three states sheds light on how, as New York Attorney General Eliot Spitzer and other public officials previously warned, their insurance investigations are not …
