Archive: Insurance

  • The Hurricane Mitigation Promotion Act March 15, 2013

    The Hurricane Mitigation Promotion Act Summary This Act creates an annual “Hurricane Mitigation Week,” in which the Governor calls on individuals, business owners, and commercial property owners to prepare for the hurricane season, and to urge county and municipal governments [...]

  • Resolution Opposing Unfair and Unbalanced Insurance “Bad Faith” Legislation March 15, 2013

    Summary  This resolution is responsive to efforts by the plaintiffs’ bar, represented by the Association of American Justice (formerly the Association of Trial Lawyers of America) and its state-level affiliates, to enact legislation that undermines settled principles of contract law [...]

  • Resolution on the State Regulation of Insurance March 15, 2013

    Resolution on the State Regulation of Insurance Summary The Resolution on the State Regulation of Insurance opposes any attempt by the federal government to regulate the insurance industry. Specifically, the Resolution calls on Congress to adopt a proportional liability scheme [...]

  • After-Market Crash Parts Act March 15, 2013

    After-Market Crash Parts Act Summary Since only bodily injury claims are litigated, no-fault insurance only saves money in the bodily injury component of insurance premiums. However, savings can be achieved in the property damage component of premiums, as well. Often, [...]

  • Resolution in Support of Insurance Commissioners’ Exclusive State Regulatory Authority Over Variable Life Insurance and Variable Annuities March 15, 2013

    Resolution in Support of Insurance Commissioners’ Exclusive State Regulatory Authority Over Variable Life Insurance and Variable Annuities Model Resolution WHEREAS, variable life insurance and variable annuities are subject to a comprehensive federal and state regulatory structure, enforced by state insurance [...]

  • The Property/Casualty Insurance Form Filing Act March 15, 2013

    The Property/Casualty Insurance Form Filing Act Summary This model bill establishes a file and use system for the approval of policy forms and endorsements for personal and commercial lines of insurance. This creates a more competitive and less onerous regulatory [...]

  • Resolution Opposing Regulation Intruding on the States’ Traditional Role as the Primary Regulator of Homeowners’ Insurance March 15, 2013

    Resolution Opposing Regulation Intruding on the States’ Traditional Role as the Primary Regulator of Homeowners’ Insurance Summary This Resolution upholds the McCarran-Ferguson Act and reserves the primacy of homeowners’ insurance regulation to the states by opposing the listing of the [...]

  • Resolution on the National Association of Insurance Commissioners March 15, 2013

    Resolution on the National Association of Insurance Commissioners Summary The Resolution on the National Association of Insurance Commissioners (NAIC) opposes the NAIC’s current accreditation process and urges the NAIC to remain an advisor organization which does not attempt to use [...]

  • A Resolution Concerning the Use of Credit Information in Personal Insurance March 15, 2013

    A Resolution Concerning the Use of Credit Information in Personal Insurance  Summary This resolution opposes any state laws or regulations that ban or impose significant limits on the use of credit information in personal insurance rating and underwriting decisions. Model [...]

  • Resolution Opposing “Pay at the Pump” Automobile Insurance March 15, 2013

    Resolution Opposing “Pay at the Pump” Automobile Insurance Summary “Pay at the pump” plans would replace the present personal choice automobile insurance market with a government program. Each car would be covered by basic auto insurance upon registration and issuance [...]