July 3, 2006
In a step to overhaul the current state of insurance regulation, Reps. Ginny Brown-Waite, R-Fla., and Dennis Moore, D-Kan., have introduced legislation that would mandate states to establish a uniform system of regulation for the surplus lines industry. The new …
June 20, 2006
In a step that is being applauded by insurance brokers, Reps. Ginny Brown-Waite, R-FL, and Dennis Moore, D-KS, have introduced federal legislation requiring states to establish a uniform system of regulation for the surplus lines industry. The new bill is …
April 17, 2006
Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation under an “optional federal charter” system. U.S. Sens. John Sununu (R-N.H.) …
April 5, 2006
Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators today unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation under an “optional federal charter” system. United States Senators John …
April 3, 2006
The U.S. Court of Appeals for the First Circuit has refused to overturn a ruling striking down Puerto Rico’s controversial countersignature law that required non-resident commercial insurance brokers to have the countersignature of a Puerto Rico resident agent before they …
December 28, 2005
The Foundation for Agency Management Excellence (FAME), an insurance industry educational foundation of The Council of Insurance Agents & Brokers, has identified the three relief agencies in Louisiana and Mississippi that will receive its previously announced grants to aid the …
December 19, 2005
A federal district court judge in South Dakota ruled that the state’s countersignature law is unconstitutional. The ruling means that 50 states have taken action to eliminate the countersignature requirement, although appeals are still pending in several jurisdictions. U.S. District …
December 18, 2005
A federal district court judge in South Dakota ruled that the state’s countersignature law is unconstitutional. The ruling means that 50 states have taken action to eliminate the countersignature requirement, although appeals are still pending in several jurisdictions. U.S. District …
November 30, 2005
A federal district court judge in South Dakota ruled this week that the state’s countersignature law is unconstitutional. The ruling means that 50 states have taken action to eliminate the countersignature requirement. Eradicating the countersigature laws that bar out-of-state insurance …
April 1, 2005
The Council of Insurance Agents & Brokers, the trade association that represents the nation’s largest commercial P/C and benefits brokers, announced the successful outcome of its lawsuit in Puerto Rico to strike down the territory’s countersignature law. U.S. District Judge …