proposed legislation News

N.Y. Bill Aims to Give Policyholders Private Right of Action in Unfair Claims Disputes

A proposed bill in New York relating to unfair claims settlement practices would provide policyholders with a private right of action against insurers who refuse or delay payment of a claim. The bill comes as many policyholders have expressed frustration …

New Jersey Bill Requiring Insurers Explain BI Policies Lands on Governor’s Desk

A New Jersey bill that requires insurers issuing business interruption policies in the state provide policyholders with a summary of coverage for loss of use and occupancy of a commercial property has passed the state Senate and Assembly. It now …

Virginia Lawmakers Advance Consumer Data Protection Act

The Virginia General Assembly is advancing legislation that allows Virginia consumers more protection with their online data, though opponents say the measure does not include the ability for people to file private lawsuits against companies that breach the proposed law. …

Despite Insurance Industry Concerns, More States Introduce COVID-19 BI Bills

New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that hasn’t stopped some states from rolling …

Massachusetts Joins Ohio, N.J. in Proposing COVID-19 Business Interruption Bill

Massachusetts is one of the latest states to propose legislation that would mandate insurers cover COVID-19 related business interruption claims despite virus exclusions in many policies. This comes as Insurance Journal reported legislators in New Jersey and Ohio have floated …

Connecticut Governor Says State Senate Bill Ignores Insurance Industry Concerns

Connecticut Governor Dannel P. Malloy sharply criticized the Connecticut Senate for unanimously passing legislation early Friday that creates a new mandate for health insurers, arguing the bill shows a “lack of awareness and blatant disdain for the industry’s expertise.” The …

New York Eyes ‘Textalyzer’ to Combat Distracted Driving

Ben Lieberman just wanted to find out what may have caused the head-on collision that killed his 19-year-old son, Evan, on a highway north of New York City. It took a lawsuit and six months in court to get the …

Delaware Bill to Nix Use of Age, Credit for Auto Premiums Stalls

Legislation to prevent insurers from using age and credit scores in setting automobile insurance rates has stalled amid opposition from industry groups. The bill, tabled in committee Wednesday, prohibits the use of age, marital status, credit scores and income in …

Bill Would Allow Use of Golf Carts to Deliver Packages in Kentucky

Golf carts could become part of package-delivery fleets if a bill advancing in the Kentucky General Assembly becomes law. The measure won passage in the state House on a 61-36 vote after a long debate Wednesday. The proposal now goes …

Maine Lawmaker Wants to Block Car Insurance Hikes Based on Age

A Maine state senator is looking to protect senior citizens in the state from having car insurance rates go up because of their ages. Sen. Bill Diamond, a Windham Democrat, says his bill follows up on insurance giant Progressive’s attempt …