Crystal ball shows familiar battles ahead

Article Abstract:

The most significant market-transforming law for property and casualty insurers that is likely to be passed by the 105th Congress is one that would open up the insurance, securities, and banking markets so that greater cross-selling could occur. Other issues likely to be discussed politically in 1997 include Superfund, tort reform, national disaster legislation, urban property insurance, and the relation between state and federal insurance laws.

Social policy

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Nafta inspires NAII push for tighter truck rules

Article Abstract:

The National Association of Independent Insurers (NAII) is pushing for tighter regulations for Mexican trucks which transport goods to the US. Insurers are lobbying the North American Free Trade Agreement Standards Subcommittee and Department of Transportation to maintain hauling restrictions for Mexican trucks. NAII is also supporting congressional initiatives to increase the enforcement of transport laws in border states.

Freight Transportation, Commercial Property & Liability Insur, Laws, regulations and rules, Transportation industry, Freight transportation industry, Mexico, Transportation policy, Commercial treaties, Trade agreements, Business insurance, National Association of Independent Insurers

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Catastrophe legislation: breaking the logjam

Article Abstract:

The National Disaster Coalition, the National Association of Insurance Commissioners and a coalition of three property insurers and a prominent agent group are preparing to pass catastrophe coverage legislation through the 105th Congress. The groups are pressing for federal tax exemption for catastrophe reserves to protect companies against insolvency and encourage companies to conduct business in high-risk areas.

Tax policy, National Association of Insurance Commissioners, Natural Disaster Coalition

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