Kevin McCarthy News

Governor Culver: Rebuild Iowa Office to Remain Open Indefinitely

The newly formed Rebuild Iowa Office which is responding to recent natural disasters around the state will remain open indefinitely, said Iowa Gov. Chet Culver. He said it’s “very likely” that the office will have a permanent presence not only …

Iowa Governor Says Special Legislative Flood Session Very LIkely

Iowa lawmakers are making arrangements for a near-certain special session to address flooding damage across the state, and some say an increase in the state’s gas tax may be on the table. Senate Majority Leader Michael Gronstal, a Council Bluffs …

Iowa Democrats to Look at Insurance Pools for Small Businesses

Rep. Pat Murphy, D-Dubuque, in line to become Iowa’s next House speaker, said House Democrats unveiled a package of proposals before this month’s election, including the creation of insurance pools for small businesses, raising the minumum wage and dealing with …

Democrats Propose Mandatory Flood Insurance, Development Limits

Citing the risks exposed by Hurricane Katrina, a group of California Assembly Democrats unveiled legislation that could block some development in flood-prone areas and require homeowners living on flood plains to have flood insurance. Meanwhile, Assembly Republicans proposed a pay-as-you-go …

Gallagher, Crist Withdraw Proposed Rule to Give Insurance Companies Higher Profits

A proposed rule that would have explicitly given insurance companies the option to seek higher profits, scheduled to be approved Tuesday by the Florida Cabinet, was withdrawn on Tuesday by Tom Gallagher, Florida’s DFO and Attorney General Charlie Crist. “I …

90 Days Until Hurricane Season: Fla. Legislators Hope to Solve Problems

With less than 90 days to go until the 2005 hurricane season begins, Florida legislators are scrambling to solve a wide-variety of hurricane-related problems: Getting insurance claims settled; solving problems with Citizens Property Insurance; and cleaning up after the 2004 …

Commissioner Asks for Delay in Rate Increases Until After Fla. Legislature Meets

State Insurance Commissioner Kevin McCarthy has asked property insurance companies to delay filing for rate increases until after the upcoming legislative session ends in early May. In addition to postponing new filings McCarty asked insurers to place pending filings “in …

2003-2004 California Year-End Legislative Repo

A summary of the most important legislation affecting the industry in the New Year The historic recall of Gray Davis and election of Arnold Schwarzenegger as governor of California set the tone for the 2004 legislative year. With Schwarzenegger in …

Southeast Plagued with Hurricanes, Floods in Disastrous 2004

In 2004, the big news in the Southeast revolved around hurricanes and floods, and state officials reactions in the aftermath of these events. The Florida Legislature as a result, is trying to decide what to do about multiple deductibles, the …

Multiple Deductibles Among Key Issues Being Discussed By Florida Legislators

Major insurance issues are on this week’s Florida Legislature agenda in Tallahassee. In long-awaited special sessions, which begin today, even if legislators stick to key issues, it remains to be seen how much they accomplish. Key topics on the agenda …