National Association of Mutual Insurance Companies News

California Commissioner Doing Battle with Insurers over Wildfire Bills

California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supports say will protect survivors of last year’s wildfires that struck in the fall. Jones is rallying with state Senators …

NAMIC Names Illinois’ Sen. Haine a State Legislator of the Year for 2017

The National Association of Mutual Insurance Companies has named Illinois state Sen. Bill Haine as one of two State Legislators of the Year for 2017. Arkansas state Sen. Jason Rapert also was honored with the award. Haine is the assistant …

Arkansas’ Sen. Rapert Named a NAMIC State Legislator of the Year for 2017

The National Association of Mutual Insurance Companies has named Arkansas state Sen. Jason Rapert as one of two State Legislators of the Year for 2017. Illinois state Sen. Bill Haine also was honored with the award. Rapert currently serves as …

Minnesota Rep. Paulsen Named NAMIC Federal Legislator of the Year

The National Association of Mutual Insurance Companies named Rep. Erik Paulsen, R-Minn., as the association’s Federal Legislator of the Year for his work to win passage of the Small Mutual Inflation Update. Paulsen was recognized for his work to include …

Ohio State Sen. Hackett Named NAMIC’s 2016 State Legislator of the Year

The National Association of Mutual Insurance Companies announced today that Ohio state Sen. Bob Hackett has been named the association’s State Legislator of the Year. Hackett was tapped as the top state legislator for 2016 for his leadership in sponsoring …

Oklahoma Supreme Court Rules Workers’ Comp Opt-Out Unconstitutional

The Oklahoma Supreme Court handed a major setback to proponents of workers’ compensation alternatives on Sept. 13, ruling that the state’s Opt Out Act is unconstitutional. The high court’s 7-2 ruling came in Vasquez v. Dillards, which was appealed to …

Groups: California Auto Repair Regs Will Increase Auto Insurance Rates

As the California Department of Insurance stages hearings on proposed regulations designed to give more money to auto body repair shops, a handful of property/casualty insurance trade associations are voicing their opposition to the proposals. The groups are: The American …

Florida High Court Set to Hear Constitutional Challenge to Workers’ Comp System

The Florida Supreme Court will hear yet another case challenging the constitutionality of the state’s workers’ comp system on April 16, 2016. The case, Daniel Stahl v. Hialeah Hospital, et al., has been making its way through the state courts …

The Struggle Getting U.S. Regulators to Understand Insurance

The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory standards is still not clear. Those details could come this …

NAMIC Legislators of the Year from Indiana, Missouri

Missouri Rep. Don Gosen and Indiana Rep. Matt Lehman were named Legislators of the Year for the 2015 legislative session by the National Association of Mutual Insurance Companies. Gosen is chairman of the Missouri House Select Committee on Insurance, which …