Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
CSAA in California Names Evans VP of Regulatory and Government Affairs
Jan 15 2019 // CSAA Insurance Group has named Katherine Evans president of regulatory and government affairs. Evans will oversee all areas of CSAA Insurance Group’s government and regulatory practices, and will report to the...
TDI Shares Consumer Concerns About Contractors, Roofers with Lawmakers
Jan 15 2019 // While not making any specific recommendations to lawmakers regarding the licensing of building and roofing contractors, the Texas Department of Insurance noted in its 2018 Biennial Report to the Legislature that the...
Insurance Regulators’ Group NAIC Names 2019 Key Committee Leaders
Jan 15 2019 // The National Association of Insurance Commissioners (NAIC) has named its 2019 committee chairs and vice chairs. The association of state insurance regulators also assigned members to its standing committees. “The...
Connecticut Judge Dismisses Opioid Crisis Lawsuits Against Drugmakers
Jan 15 2019 // A Connecticut judge has dismissed lawsuits against Purdue Pharma and two dozen other drug companies brought by 37 cities and towns in the state, which blame them for the opioid crisis and seek to recoup millions of dollars...
UK Prime Minister’s Brexit Deal Faces Crushing Parliamentary Defeat
Jan 15 2019 // Prime Minister Theresa May is set to see her Brexit deal rejected in the biggest Parliamentary defeat for a British government in 95 years after her last minute pleas for support appeared to fall on deaf ears. The battle...
2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead
Jan 15 2019 // Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the...
U.S. Plan for Major Expansion of Drone Uses Allows Flights at Night, Above Crowds
Jan 15 2019 // The federal government has unveiled a long-awaited set of proposals to dramatically expand civilian drone flights while also tightening security, critical steps for an industry seeking to expand into robot aerial...
Suit Targets Shell Over Oilfield Contamination in Louisiana’s Spanish Lake Basin
Jan 14 2019 // Wetland ecologist Scott Nesbit drove down a gravel oil field road in Louisiana in an all-terrain utility vehicle, zipping under a heavy forest canopy toward what he says is the source of it all. Nesbit’s target was a...
PG&E Bankruptcy Looms With $30B in Potential Liabilities from California Wildfires; CEO to Exit
Jan 14 2019 // PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief...
Regulators Disagree Over Giving Fintechs Federal Charter to Skirt State Rules
Jan 14 2019 // The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc. or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other...
Judge Lets Berkshire Hathaway’s Dairy Queen Sue Over ‘Blizzard’ Trademark
Jan 11 2019 // A federal judge in Minnesota ruled this week that Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway Inc., may pursue its lawsuit to stop W.B. Mason Co. from selling “Blizzard” bottled spring...
New York Fines Two Insurers $2.2M, Orders $8M in Rebates to Firefighters
Jan 11 2019 // The New York State Department of Financial Services (DFS) has fined Arch Insurance Company and National Union Fire Insurance Company of Pittsburgh, Penn., a combined total of $2.2 million in fines and ordered the insurers...
Judge Wants PG&E Power Restrictions for Next California Wildfire Season
Jan 10 2019 // A U.S. judge has proposed restricting utility PG&E Corp from using power lines deemed to be unsafe during high winds in the 2019 California fire season, adding another complication for the California utility as it...
California Governor Proposes $150M in Wildfire Investments, 911 Fee
Jan 10 2019 // California Gov. Gavin Newsom has pledged fresh investments to prevent, fight and escape wildfires, including millions to help local governments improve their communication during emergencies and a fee to fund an update for...
California Could Require Businesses to Offer E-Receipts Under New Bill
Jan 10 2019 // California would become the first state to require businesses to offer electronic receipts unless customers ask for paper copies under legislation proposed this week. Many businesses and consumers already are moving toward...
EU Lawmakers Seek to Beef Up Financial Services Protections Ahead of Brexit
Jan 10 2019 // The European Union moved a step closer on Thursday to beefing up its regulators to increase safeguards for consumers and create an EU capital market that reduces the bloc’s reliance on Britain’s financial...
Texas Insurance Department Recommends Flood Disclosure on Property Policies
Jan 9 2019 // In its 2018 Biennial Report, the Texas Department of Insurance made several recommendations to the legislature regarding issues the agency believes are worth looking at by lawmakers in the 2019 legislative session. One, at...
Wildfires, Dynamex Dominate California Wholesaler Conference
Jan 8 2019 // Wildfires and the Dynamex decision. Those two topics dominated discussions at an insurance wholesaler conference this week. The California Wholesaler Association conference in La Jolla, Calif. from Sunday through today...
Allstate, State Farm, USAA Sue California Utility Over Wildfires
Jan 8 2019 // Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims. The lawsuits filed...
Judge Blocks NYC Law Demanding Airbnb Disclosures
Jan 8 2019 // A New York City law forcing Airbnb and HomeAway home-sharing platforms to reveal a “breathtaking” amount of information about their businesses seems unconstitutional, a judge decided Thursday, forcing the law...
