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Issue |
Bill # |
Bill Description |
Motor Vehicle Insurance |
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(Proof of Coverage) |
Authorizes the commissioner to require, by rules or regulation, all motor vehicle liability insurers to provide electronic verification of insurance. Effective upon statutory publication. Chapter 128, Laws of 2004. |
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(Accident Reporting) |
Increases, from $500 to $1000, the minimum apparent financial damage to person or property in a motor vehicle accident which requires a person to give notice of such accident, for all accidents occurring on and after January 1, 2005. Effective upon statutory publication. Chapter 133, Laws of 2004. |
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Premium Tax |
Limits the state fire marshal levies to less than .80% for calendar year 2004 and subsequent years and require insurance companies to contribute to the fire service training program. Effective upon statutory publication. Chapter 49, Laws of 2004. |
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Regulation |
Amends and enacts various insurance laws pertaining to errors and omissions, licensing, surety contracts, foreign language policies and title insurance. Effective upon statutory publication. Laws of 2004. |
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Tort Reform |
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(Class Action Certification) |
Allows a court of appeals discretion to permit an appeal from a district court order granting or denying class action certification if such application were made within 10 days of entry of the order. Effective upon statutory publication. Laws of 2004. |
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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