Auto, WC Emerge As Leading Legal Issues

  Thursday, January 29th, 2004 Source: National Association of Mutual Insurance Companies

Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related insurance statutes enacted by state legislatures last year, according to the fifth annual analysis of trends in new state insurance legislation published today by the National Association of Mutual Insurance Companies (NAMIC). “NAMIC has placed online a summary of all 418 new property/casualty-related laws enacted in the states during 2003,” said Roger Schmelzer, vice president-state and regulatory affairs. “Some very distinct issue trends emerge from the many new state insurance laws enacted during 2003.” “The 87 new auto insurance laws identified in the NAMIC survey account for the single largest issue trend among the property/casualty-related statues enacted in 2003.

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