Chris Dodd News

SCANDAL COULD HARM CONN. CLOUT:

When the terrorist attacks hammered Connecticut’s insurance industry and legislation to blunt asbestos claims was faltering, Republican Gov. John G. Rowland traveled to Washington to lobby for help. A three-term member of the U.S. House of Representatives, Rowland has been …

Solution to Growing Asbestos Crisis may be on the Way

The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …

Solution to Growing Asbestos Crisis May be on the Way

The ‘elephantine mass of asbestos cases lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …

Conn. Senator Chris Dodd Honored as 2002 IIABA Legislator of the Year

Connecticut Senator Chris Dodd (D) was presented with the Independent Insurance Agents & Brokers of America’s 2002 Gerald Solomon Legislator of the Year Award during the Association’s 27th Annual National Legislative Conference. IIABA Senior VP of Federal Government Affairs Maria …

AIA Says Asbestos Summit Hopeful for Reform in 2003

Momentum toward true reform of asbestos litigation continues today with a wide-ranging bipartisan summit organized by key senators, the American Insurance Association (AIA) said. “Today’s meeting shows that leaders in Congress on both sides of the political aisle are working …

NAII Praising Senate for Including Risk-Sharing Mechanisms in Terrorism Reinsurance Bill

The Senate’s recent approval of H.R. 3210, the Terrorism Risk Insurance Act of 2002, puts the bill on the desk of President Bush, who is expected to sign the legislation Dec. 2. The new legislation creates a high-level federal backstop …

AAI Lauds Senate Approval of Terrorism Legislation

Alliance of American Insurers President Rodger Lawson, is praising Tuesday’s Senate passage of the Terrorism Risk Protection Act Conference Report, HR 3210, as “another important step on the road to insurance market stabilization in the aftermath of Sept. 11, 2001. …

IIABA Commends House Approval of Terrorism Insurance Legislation

The Independent Insurance Agents & Brokers of America (IIABA) commends House leaders for working cooperatively to pass terrorism insurance legislation yesterday, and urges the Senate to immediately follow suit and pass a bill that will restore thousands of jobs and …

AAI Applauds House Passage of Terrorism Bill; Encourages Senate to Follow Suit

Alliance of American Insurers President Rodger Lawson released a statement following the passage by the House of the Terrorism Risk Protection Act Conference Report (HR 3210): “The Alliance of American Insurers is very pleased with the action taken by the …

Terrorism Deal for Real’

By the time this issue of Insurance Journal lands on your desk, federal lawmakers probably won’t have passed legislation that would provide a backstop for terrorism insurance. But they are very close. It’s about time. For well over a year …