Time to Promote an Insurance Agenda
Article Abstract:
The insurance industry has experienced great success in lobbying Congress, but lobbyists for the property/casualty insurance industry face many big issues in the upcoming 106th Congress, including financial-services regulatory reform. Regulatory reform is a major priority of the insurance industry, but it may not be a major issue to Congress itself as Sen Phil Gramm (R.-TX), who succeeds Al D'Amato as chairman of the Senate Banking Committee, helped killed reform in 1998. Workers' compensation insurers hope to weaken a medical-records privacy bill that Congress must pass as part of the Health Insurance Portability and Accountability Act. Workers' comp insurers want access to medical information. Other issues of interest to the industry are natural-disaster reform and Superfund reform.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1999
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Good intentions, bad policy
Article Abstract:
Workers' compensation insurance companies doubt the effectiveness of government-mandated programs which aim to give workers' insurance premium credits to companies that develop and implement workplace substance abuse control programs. At first glance, employee substance abuse programs are sensible and are based on sound business reasons. Companies' assertion that their drug control programs work lacks supporting evidence. The government needs to consider various factors before endorsing a regulatory approach to workplace drug use prevention which involves insurance premium credits.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1997
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Comp settlements bill remains stuck in Congress
Article Abstract:
Support is mounting in the Congress for a legislative proposal that would expand the scope of structured settlements to include people covered by states' workers' compensation systems. Under the proposal, a worker injured on the job would receive periodic payments to be funded through U.S. Treasury securities and life insurance company annuities. Previously, structured settlements were only available to tort plaintiffs.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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