June 23, 2003
When battling Legislative dragons every two years, those of us who work for the Texas property and casualty insurance industry are dramatically reminded how poorly our business is understood. Furthermore, our antagonists don’t really believe we operate independently in a …
June 23, 2003
Use of credit-based insurance scores, regulatory reform, medical liability and auto repair issues were among the most significant bills considered during the 2003 regular legislative session in Nevada, which concluded earlier this month. Nevada joined other states this year in …
June 11, 2003
Texas Gov. Rick Perry signed Senate Bill 14, the recently passed insurance reform legislation, during a signing ceremony at a construction site in Temple. According to a statement released by the governor’s office, his signature on the bill ushers in …
June 11, 2003
The National Association of Independent Insurers has issued a bulletin indicating that a New York Assembly bill that would prohibit insurers from using credit scores in underwriting would do a greater disservice to consumers by eliminating a useful underwriting tool. …
June 9, 2003
California Insurance Commissioner John Garamendi released the following statement in response to the lawsuit filed June 4 by the Personal Insurance Federation of California; the Association of California Insurance Companies and the American Insurance Association. “I will do everything possible …
June 9, 2003
The fireworks, bright lights and loud noises emanating from Nevada is not the Las Vegas strip, it is actually the final weeks of legislative debate in the state capital in Carson City. Once again the Nevada legislature has debated thousands …
June 9, 2003
In the waning hours of the 78th Legislature Texas lawmakers passed Senate Bill 14, the long-awaited insurance reform bill, giving additional power to the Insurance Commissioner to control residential and automobile insurance rates and holding out the promise of lower …
June 4, 2003
Legislation dealing with commercial lines nonrenewals, fee increases and credit scoring were among the top insurance-related bills that passed the 2003 Illinois General Assembly, which adjourned May 31. “The legislature dealt with a number of insurance issues this session, and …
June 2, 2003
The Alliance of American Insurers has issued an announcement indicating that a final Delaware Department of Insurance regulation governing property/casualty insurers’ use of credit-based insurance scores that will go into effect June 1 is “fair to both consumers and insurers …
May 29, 2003
The National Association of Independent Insurers reported that the special session of the Florida Legislature has ended with the passage of both personal injury protection (PIP) reform and workers’ compensation reform bills. “Although the PIP reform bill includes some decent …