Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Oklahoma Lawmakers Pass Workers’ Comp Reform Legislation
Jun 3 2019 // The Oklahoma Senate has approved legislation that makes changes to Oklahoma’s workers’ compensation system that lawmakers say preserve and strengthen reforms adopted in 2013. An increase in benefits paid to...
Judge Restrains 3 Former Guy Carpenter Execs Who Moved to Lockton Global Re
May 31 2019 // A federal judge in New York has granted reinsurance broker Guy Carpenter’s request for a temporary restraining order against three former executives who moved to competitor Lockton in March. The TRO blocks the three...
Facebook Must Turn Over Records on How Execs Handle Data Privacy, Judge Rules
May 31 2019 // A U.S. judge ordered Facebook Inc. to give shareholders emails and other records concerning how the social media company handles data privacy, after data for 87 million users was accessed by the British political...
Gerger Joins Illinois Independent Agents Group as Education, Agency Resources Director
May 31 2019 // Brett Gerger, former chief deputy director of the Illinois Department of Insurance, has joined the Independent Insurance Agents of Illinois (IIA of IL) as director of Education & Agency Resources. In his new position,...
Congress Renews Flood Insurance Program Until June 14
May 30 2019 // Having failed several times to pass a $19 billion disaster aid bill with a federal flood insurance reauthorization provision by unanimous consent, the House of Representatives managed on Thursday to pass a separate...
Gov.: Care for Injured Drivers in Michigan Will ‘Still Be There’ After Insurance Overhaul
May 30 2019 // Michigan Gov. Gretchen Whitmer on May 28 defended a pending overhaul of the state’s auto insurance law, saying treatment for injured drivers will “still be there” if they forego what has been a...
Judge Dismisses Investors’ Claim Cboe Allowed Rigging of Stock Market ‘Fear Gauge’
May 30 2019 // A federal judge on Wednesday dismissed a lawsuit in which investors accused the parent of the Chicago Board Options Exchange of letting anonymous traders rig Wall Street’s main gauge of future stock market volatility...
8 Considerations for Buyers and Sellers of Insurance Agencies
May 30 2019 // Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger...
Bill to Cut Auto Insurance Premiums Passed by Michigan Legislature
May 28 2019 // Michigan’s Legislature on May 24 passed a landmark bill that would cut the country’s highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for...
Texas Windstorm Insurer Withdraws 10% Rate Increase Filing
May 28 2019 // Texas’ property insurer of last resort for wind and hail along the Texas coast voted at a May 24, 2019, meeting of its board of directors to withdraw a 10% rate increase filed last year that was subsequently put on...
GOP Lawmaker Sidetracks Disaster Bill Including Flood Insurance Extension
May 27 2019 // A single Republican House member temporarily blocked fast-track passage Friday of a $19 billion disaster-aid plan, likely meaning lawmakers will vote when they return in early June from a week-long recess. Freshman...
Florida Governor Signs AOB Reform Bill; Law to Take Effect July 1
May 24 2019 // Long-awaited reforms for Florida’s assignment of benefits (AOB) crisis that the insurance industry and consumer advocates say has led to less coverage and higher rates for Florida property owners will officially...
Oklahoma Senate OKs Workers’ Comp Reforms; Bill Goes to Governor
May 23 2019 // The Oklahoma Senate has approved legislation that makes changes to Oklahoma’s workers’ compensation system that lawmakers say will preserve and strengthen reforms adopted in 2013. An increase in benefits paid...
Congress Agrees on $19 Billion Disaster Aid Bill with Flood Insurance Brief Extension
May 23 2019 // Lawmakers said that they agreed to a $19.1 billion disaster-aid bill after months of disagreement and that President Donald Trump said he will sign it. Senate Appropriations Chairman Richard Shelby called the agreement a...
South Dakota Judge Sides With Liberty Mutual in Bad Faith Dispute
May 23 2019 // A federal judge in South Dakota has dismissed part of a lawsuit filed by a couple who had to tear down their Sioux Falls house after a long-running dispute with their neighbors. Judge Roberto Lange recently granted Liberty...
Colorado Refocuses Rules on Safety, Won’t Halt Drilling
May 23 2019 // Colorado officials said that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority. Dan Gibbs, chief of...
EPA Begins Rewrite of Rules on Costs, Benefits of Environmental Regulations
May 23 2019 // The Trump administration is planning to write new rules for how it weighs the human costs and benefits of environmental regulations, a move that could make it harder for future presidents to stiffen limits on pollution and...
Parties Differ on Data Privacy Legislation Over Liability, Duty of Care
May 23 2019 // Three Democratic senators helping write a privacy bill are seeking to allow individuals to sue companies for mishandling their data, according to Republican Senator John Thune. The measure would raise the burden on...
Bankruptcy Judge Approves PG&E $105 Million Assistance Fund for Wildfire Victims
May 23 2019 // PG&E Corp. may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility’s equipment, the judge overseeing the...
EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard
May 23 2019 // A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May...
