Latest Politics Headlines
All the headlines from our Politics Topic Page, ordered by recency.
One-time GOP Rival Endorses Garamendi
Nov 4 2002 // Former GOP Insurance Commissioner Candidate Wes Bannister recently endorsed Democratic candidate John Garamendi in next week’s election for Insurance Commissioner. Bannister, who lost to Garamendi in the 1990 general...
IIABA Pens Letter to U.S. Senate Chairman to Commend Pursuit of Terrorism Reinsurance Legislation
Oct 1 2002 // In a letter to the United States Senate and Chairman Paul Sarbanes, the Independent Insurance Agents & Brokers of America (IIABA) is commending the Chairman in seeking a quick resolution to the present terrorism...
Use of Credit a Hot Topic at Senate Hearing
Sep 16 2002 // The insurance industry took a few hits at a recent Senate committee hearing on the use of consumer credit histories in rating and underwriting insurance policies. In addition to criticisms from consumer groups, the...
SENATE MAY CONSIDER ASBESTOS
Aug 19 2002 // Following comments by Sen. Patrick Leahy (D-VT) at last week’s U.S. Senate Judiciary Committee hearing on class action reform, the Alliance of American Insurers said it was encouraged that the Senate may consider the...
AAI ENCOURAGED BY SENATE CONFEREE APPOINTMENTS
Aug 19 2002 // The Alliance of American Insurers called the recent appointment of U.S. Senate conferees for the terrorism insurance bill a great stride toward ultimate passage of the legislation. “We’re very encouraged that...
AAI Encouraged Senate Judiciary Committee May Examine Asbestos Issue
Aug 6 2002 // Following comments by Sen. Patrick Leahy (D-VT) at last week’s U.S. Senate Judiciary Committee hearing on class action reform, the Alliance of American Insurers said it was encouraged that the Senate may consider the...
Disparities Between House, Senate Bills Hold Up Terrorism Backstop
Aug 5 2002 // The U.S. insurance industry must have breathed a collective sigh of relief recently, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile...
AAI Says Senate Hearing Shows Need for Class Action Reform
Aug 2 2002 // The Alliance of American Insurers, commenting on the U.S. Senate Judiciary Committee’s hearing on class action reform July 31, renewed its call for approval of the Class Action Fairness Act of 2001 (S...
AAI Encouraged by Appt. of Senate Conferees for Terror Reinsurance Bill
Jul 30 2002 // The Alliance of American Insurers called last week’s appointment of U.S. Senate conferees for the terrorism insurance bill a great stride toward ultimate passage of the legislation. “We’re very encouraged...
Disparities Between House, Senate Bills Hold Up Terrorism Backstop
Jul 22 2002 // The U.S. insurance industry must have breathed a collective sigh of relief June 18, when the Senate approved terrorism insurance backstop legislation after months of debate and delay. But now legislators must reconcile the...
TX GOP in League with Insurers’
Jul 22 2002 // Texas Democrats, claiming Republicans are more sympathetic to insurance companies than to consumers, plan to pursue regulatory reforms to curb the rise of insurance premiums. According to the Fort Worth Star-Telegram,...
RIMS Backs Senate Terrorism Bill
Jul 19 2002 // The Risk & Insurance Management Society Inc. has informed legislators reconciling a pair of bills that it supports the Senate-backed approach to providing government-supported terrorism insurance relief over the...
Calif. Senate Bills 1763, 1427, 1678 See Action
Jul 8 2002 // Property and casualty insurers and agents and brokers alike can breathe a little easier after a recent California assembly committee hearing on June 26… if only for the time being. The hearing saw some interesting...
SENATE TERRORISM BILL INTRODUCED:
Jun 24 2002 // The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the terrorism insurance issue with the introduction of a bill (S 2600) by Senators Chris Dodd (D-CT), Harry Reid...
SENATE TERRORISM BILL INTRODUCED
Jun 24 2002 // The Alliance of American Insurers (AAI) says it is encouraged that the Senate is now beginning to focus on the terrorism insurance issue with the introduction of a bill (S 2600) by Senators Chris Dodd (D-CT), Harry Reid...
IIABA Applauds Senate’s Approval of Terrorism Ins. Backstop
Jun 19 2002 // The Independent Insurance Agents & Brokers of America (IIABA) reacted to the Senate’s recent approval of the terrorism insurance backstop legislation in a statement released June 18. The final vote invoking...
Terrorism Debate Heats Up as Democrats Block Republican Effort
Jun 17 2002 // The battle over terrorism insurance heated up one notch June 13 as Senate Democrats blocked a Republican effort to limit lawsuit claims as part of a terrorism-insurance bill, putting forth a battle with the White House and...
Texas GOP Lawmakers Give Word on Rate Regulation Bill
Jun 17 2002 // A key Senate lawmaker says Texas homeowner insurance rates should be regulated by the state, promising to put forth a bill in the next session to get a handle on rising premiums. Sen. Troy Fraser, a Republican, said that...
PA Senate Passes Bill Abolishing Joint Several Liability
Jun 14 2002 // The Pennsylvania Senate has passed an inclusive measure (SB 1089) abolishing the hoary legal principle of joint and several liability, and replacing it with a recovery system based on establishing a proportional figure of...
Terrorism Bill Goes to Senate Floor; AAI Calls for Rapid Passage
Jun 14 2002 // The Alliance of American Insurers (AAI) called June 13 for passage of the terrorism insurance bill (S 2600) now under debate on the Senate floor. “Senate Democratic leaders obtained unanimous consent yesterday to...
