Archive: Insurance

  • A Resolution Concerning Tax Treatment of Affiliated Reinsurance March 15, 2013

    A Resolution Concerning Tax Treatment of Affiliated Reinsurance  Summary The Resolution lays out the importance of offshore affiliated reinsurance in risk-spreading and management throughout the insurance business.  The Resolution opposes new taxes on reinsurance which would reduce its supply and [...]

  • Resolution Opposing Federal Mandates on Unemployment Insurance March 15, 2013

    Resolution Opposing Federal Mandates on Unemployment Insurance WHEREAS, the Tenth Amendment states “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people,” [...]

  • Resolution Supporting Territorial Rating March 15, 2013

    Resolution Supporting Territorial Rating Summary “Redlining” originally referred to the refusal to insure an area identified on a map by red lines. Redlining also is used to refer to discrimination in insurance coverage because of race, sex, or other arbitrary [...]

  • The Uninsured Motorist Stipulation of Benefits Act March 15, 2013

    The Uninsured Motorist Stipulation of Benefits Act Summary This bill is designed to reduce the number of uninsured motorists and to protect those who do comply with the fiscal responsibility laws from lawsuits by uninsured motorists. Model Legislation Section 1. [...]

  • Property/Casualty Insurance Modernization Act March 15, 2013

    Property/Casualty Insurance Modernization Act Summary This model bill establishes a use and file rate regulatory system for personal lines of insurance, a no-file system for commercial lines, and allows policies sold to large, sophisticated commercial insurance providers to be exempt [...]