insurance legislation News

Insurance Pros in Politics: Cooley Masters Quake Insurance

When it comes to mixing insurance and politics, the two might as well be one in the same for California Assemblyman Ken Cooley. Cooley, D-Rancho Cordova, started his career in the 1970s working on earthquake issues with a unit of …

Groups Warn N.Y. Assembly’s Insurance Reform Bills Have Potential to Backfire

Industry groups are warning that the New York State Assembly’s recent approval of the post-Sandy insurance reform package has the potential to backfire and are urging the state Senate not to take up this legislation. The reform package includes a …

N.Y. Assembly Approves a Flurry of Post-Sandy Insurance Reform Bills

The New York State Assembly approved on Tuesday a comprehensive post-Sandy insurance reform package comprised of 14 pieces of legislation. All approved measures now move to the state Senate for further consideration. The approved bills range from establishing a “homeowner’s …