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Issue |
Bill # |
Bill Description |
Miscellaneous New Insurance Provisions |
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(Medical Malpractice Requirements) |
Establishes 60 day notification requirements for cancellation or rate increases and 120 days notice to the department of insurance for companies intending to stop medical malpractice coverage of a specialty or geographic area. Effective 9/13/04. |
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(Mutual Insurance Company Property Liens) |
Limits the duration of mutual insurance company's liens on property it insures to five years from the date of filing. Effective 7/14/04. |
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Motor Vehicle Insurance |
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(Proof of Coverage) |
Specifies that policies under the Financial Responsibility Law remain subject to their terms and conditions. Effective 2/12/04. Session Law 36, Laws of 2004. |
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(Salvage Vehicles) |
Modifies requirements relative to salvage certificates of title and revises other motor vehicle provisions. Effective 9/16/04. Session Law 106, Laws of 2004. |
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Telephone Sales |
Prohibits sellers from engaging in activities that violate federal telemarketing laws and authorizes the Attorney General to enforce state and federal telemarketing laws and conduct investigations. Effective 4/12/04. Session Law 54, Laws of 2004. |
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Tort Reform |
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(Judgment Interest) |
Establishes criteria for computing interest on judgments. Effective 6/2/04. |
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(Asbestos Claims) |
Establishes minimum medical requirements for filing certain asbestos claims and limits asbestos-related successor liabilities for corporations. Effective 9/2/04. |
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(Silica and Mixed Dust Disease Claims) |
Establishes minimum medical requirements for filing certain silica and mixed dust disease claims. Effective 9/1/04. |
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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