Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
IIAA Opposing LaFalce Regulation Plan
Feb 22 2002 // A new congressional proposal that would create a direct federal role in insurance regulation is being opposed by the Independent Insurance Agents of America (IIAA), according to CEO Robert A. Rusbuldt. House Financial...
AIA Hails N.M.’s Next Step toward Insurance Regulation Modernization
Feb 22 2002 // Legislation supported by the American Insurance Association (AIA) to reduce government regulation of commercial insurance in New Mexico was passed by the state legislature. The measure (SB 256), which passed last week with...
Insurers Applaud NAIC for Joining Fight Against OCC Attempt to Preempt State Regulation
Feb 21 2002 // Insurers praised the recent decision by the National Association of Insurance Commissioners’ (NAIC) Functional Regulation Working Group to file an amicus brief against the Office of Comptroller of the...
NAII Says LaFalce Bill would Prove Burdensome
Feb 20 2002 // NAII Senior Vice President for Government Relations Carl Parks has characterized the Insurance Industry Modernization and Consumer Protection Act introduced by Rep. John LaFalce (D-N.Y.), the ranking Democrat on the House...
Insurers Support NAIC’s Draft on Self-Audit Privilege
Feb 20 2002 // National Association of Insurance Commissioners’ (NAIC) draft language on self-audit legislation will help insurers comply with state laws and regulations without opening their doors to frivolous lawsuits or...
IBA West Urges Delay On Privacy Rules
Feb 18 2002 // The California Department of Insurance (CDI) should delay new regulations until the Legislature decides whether or not to substantially change state privacy laws, IBA West testified recently. At a public hearing in San...
NAMIC Responds to Rep. LaFalce’s Federal Charter Bill
Feb 15 2002 // The National Association of Mutual Insurance Companies (NAMIC) issued a statement in response to legislation introduced by Rep. John LaFalce (D-N.Y.), the ranking Democrat on the House Financial Services Committee. His...
Changes to NAIC’s Record Retention Model Could Require Amendments to Existing State Statutes
Feb 14 2002 // Suggested changes to the National Association of Insurance Commissioners’ (NAIC) Market Conduct Record Retention Model Regulation could require that state legislatures amend existing statutes in order to achieve...
IIAA President Focuses on New Policy Position
Feb 13 2002 // The Independent Insurance Agents of America (IIAA) continues to support state insurance regulation and will be working closely with the National Association of Insurance Commissioners (NAIC) and other allies who support...
Consumer Group Criticizes Calif. Commissioner over Protection Opportunities
Feb 11 2002 // According to the San Francisco Chronicle, California Insurance Commissioner Harry Low is under fire as insurance companies and consumer groups debate a new proposal stating how personal financial information can be sold or...
NAII Says Proposed Calif. Privacy Regulations Need Modifying
Feb 11 2002 // California’s proposed privacy standard includes unauthorized, unnecessary provisions that should be amended so consumers can better understand their rights, and companies can more easily comply with the regulations...
Consumer Organization Files Suit Against Three Auto Insurers
Feb 11 2002 // Harvey Rosenfield’s California-based Foundation for Taxpayers and Consumer Rights (FTCR) filed separate lawsuits on Jan. 9 against three major auto insurers, Geico Corp., SAFECO Corp., and the Automobile Club of...
Before & NAFTA: Open Borders, Long Term Effects on Long-Haul Trucking
Feb 11 2002 // Now that Congress and the Bush administration have struck a deal to pave the way for NAFTA trucking provisions—which the U.S. had been found to be violating for most of last year—the task of actually implementing these...
Too Hot to Handle’
Feb 11 2002 // The controversy swirling around the use of credit-based insurance scores in underwriting auto and homeowners policies is one that Insurance Journal has touched upon with increasing frequency during the past few months. But...
Before & NAFTA: Open Borders, Long Term Effects on Long-Haul Trucking
Feb 11 2002 // Now that Congress and the Bush administration have struck a deal to pave the way for NAFTA trucking provisions—which the U.S. had been found to be violating for most of last year—the task of actually implementing these...
Sen. Dodd to Address IIAA National Legislative Conference
Feb 7 2002 // Sen. Christopher J. Dodd (D-Conn.), an influential leader on insurance issues in the U.S. Senate, will be a keynote speaker at the 26th Annual Independent Insurance Agents of America (IIAA) National Legislative Conference...
AIA Welcomes Ally in Push for Federal Insurance Regulatory Presence
Feb 4 2002 // An active federal government role in the modernization of insurance industry regulation is more likely with the addition of yet another key industry group to the policymaking effort, according to the American Insurance...
Court Rules Morgan’s Lawyers Can’t Represent Firm in Surety Bond Case
Jan 31 2002 // The federal court judge in New York hearing the Enron surety bond case, brought by J.P. Morgan Chase & Co. against several insurance companies, has ruled that the law firm of Davis, Polk & Wardwell cannot...
NAII States Ariz. Bill Would Benefit Rental Car Cos., Increase Other Auto Coverages
Jan 31 2002 // According to the National Association of Independent Insurers, rental car companies would be the only beneficiaries of a bill to shift insurance responsibility now moving through the Arizona Legislature. Under current...
TOP 2002 LEGISLATIVE AGENDAS
Jan 28 2002 // Challenges to the use of credit scoring in underwriting and rating, and consumer privacy matters related to the Gramm/Leach/Bliley Act (GLB) will top the insurance issues considered by state legislatures in 2002, according...
