American Insurance Association News

AIA Supports Curbing Physician-Dispensed Medications in Penn. WC System

The American Insurance Association (AIA) submitted a statement Wednesday to the Pennsylvania House Labor Committee, in support of state legislation aimed at controlling costs associated with physician dispensing of medications under Pennsylvania’s Workers’ Compensation Act. H.B. 1846 would permit physician …

Industry Told TRIA Won’t Be Renewed Until 2014

The property/casualty insurance industry should not count on Congress reauthorizing the federal terrorism reinsurance program this year or in time for January renewals, according to a key insurance lobbyist working on the issue on Capitol Hill. If Congress agrees to …

Cobb Honored with ICT’s Raymond Mauk Award

The Insurance Council of Texas presented Ron Cobb, counsel to the American Insurance Association (AIA), with the Raymond Mauk Leadership Award on July 18, in Austin, at ICT’s 21st Annual Mid-Year Property and Casualty Symposium. Cobb is the sixteenth recipient …

Liberty Mutual PR Exec DiGiovanni to Rejoin AIA as Senior VP for State Affairs

American Insurance Association (AIA) appointed Joseph DiGiovanni as its new senior vice president for state affairs.Most recently, DiGiovanni served as vice president of public affairs at Liberty Mutual Group where he was responsible for managing the company’s state government affairs …

Aspen Insurance, Swiss Re Execs Join AIA Board

Mario Vitale, co-CEO of Aspen Insurance in New York, and Robert Solitro, chairman of Swiss Re Corporate Solutions U.S. Cos. in Manchester, N.H., have been elected as new board members of the American Insurance Association. “We are pleased to announce …

Oregon’s ‘Second Lawsuit’ Legislation Tabled

The Oregon House Judiciary Committee on Monday tabled HB 4136, a bill its detractors said would have imported “the legacy of bad faith litigation” from neighboring states into Oregon. A handful of insurance trade associations urged the committee to reject …

Consumer Group Charges Auto Insurers with ‘Disparate Treatment’ of Low Income Families

A consumer group on Monday issued a study that alleges “disparate treatment” of low-to moderate-income families by auto insurers nationwide. The group is asking state insurance commissioners to consider lowering minimum liability coverage requirements and creating low-income purchase programs. The …

California Insurance Commissioner, Insurers Settle on Iran Investments

California Insurance Commissioner Dave Jones and a group of insurers have settled litigation over insurer investments in companies doing business in Iran, it was announced on Friday. The terms of the settlement permit the Jones to “maintain a public list …

Noah Joins Insurer Group AIA in Federal Affairs Post

The property/casualty insurance trade group, the American Insurance Association (AIA), announced that Adam Noah has joined as its new vice president for federal affairs. Most recently, Noah served in the office of Senator Saxby Chambliss, R-Ga., as a legislative assistant …

Insurers Seek Delay in Financial Rules Until Insurance Posts Filled

The insurance industry is asking the Obama Administration to slow down on rules for deciding whether insurers and other nonbank financial companies should be subject to extra scrutiny because they pose a systemic risk to the country’s financial stability. The …