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|
Issue |
Bill # |
Bill Description |
Terrorism |
Allows commercial insurers to exclude loss due to terrorism, as defined by the State Insurance Commissioner. Effective 7/1/04. Public Act No. 04-124, Laws of 2004. /p> |
|
Workers' Compensation |
HB 5340 |
Authorizes workers' compensation lump sum settlements to be prorated over the life expectancy of the injured worker. Effective 6/3/04. Public Act No. 04-124, Laws of 2004. |
The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.
This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.
Legislative and Regulatory Information Service (LARIS)
NAMIC Survey of New State Insurance Laws