Regulation/Legislation

The Self-Insurance Institute of America Inc. (SIIA) criticized a New York task force report calling for the end of the group self-insured trust workers' compensation program in the state.

Final action on the insurance title of financial services reform legislation has been delayed as conferees debate the scope of preemption authority a federal insurance office would have to preempt state law when negotiating bilateral trade accords.

Florida domestic insurer Olympus Insurance Co. has satisfied state regulators with a corrective action plan to rectify concerns about the company's solvency.

Florida domestic insurer Olympus Insurance Company has satisfied state regulators with a corrective action plan to rectify concerns about the company's solvency.

The Louisiana legislature has passed a bill that would prevent insurers from canceling or nonrenewing homeowners policies because of Chinese drywall claims.

Insurer associations and auto repair shops in Rhode Island are sparring over a bill passed by the legislature that would require independent appraisals on vehicles when damages are thought to exceed $2,500.