Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Judge Signals Trump’s Tweet Over Stormy Daniels Is Free Speech, Not Libel
Sep 25 2018 // Stormy Daniels’s libel lawsuit over a tweet by Donald Trump looks to be doomed after a judge said the president was engaging in free speech. The adult film star, whose real name is Stephanie Clifford, claims she was...
Judge Slams Lawyer, Throws Out Ex-Pro Wrestlers’ Lawsuit Over Concussions
Sep 24 2018 // A federal judge in Connecticut has dismissed a lawsuit by 60 former professional wrestlers, many of them stars in the 1980s and 1990s, who claimed World Wrestling Entertainment failed to protect them from repeated head...
Court Upholds California Commissioner’s Regulatory Actions Against PacifiCare
Sep 21 2018 // A three-justice panel of the California Court of Appeal, 4th Appellate District, gas upheld Insurance Commissioner Dave Jones’ Fair Claims Settlement Practices Regulations, which prescribe how insurance companies...
Court Rules for Archdiocese in Connecticut in Priest Abuse Insurance Case
Sep 21 2018 // A federal appeals court says an insurance company must reimburse the Roman Catholic Archdiocese of Hartford nearly $1 million for payments the archdiocese made to settle sexual misconduct cases involving priests and...
The State of NAIC’s Data Security Model Law
Sep 21 2018 // Powered by InsuranceJournal.tv Most states have yet to adopt a cyber security model law for the insurance industry like the one approved by the National Association of Insurance Commissioners in 2017, but one expert...
Bayer’s Monsanto Wants Judge to Nix $289M Roundup Verdict
Sep 20 2018 // Bayer AG unit Monsanto on Tuesday asked a California judge to throw out a $289 million jury verdict awarded to a man who alleged the company’s glyphosate-based weed-killers, including Roundup, gave him cancer. The...
Florida Appeals Court Deals Insurers a Win in AOB Fight with Policy Language Ruling
Sep 20 2018 // In a significant turn of events in the insurance industry’s fight against Florida assignment of benefits (AOB) abuse, Florida’s Fourth District Court of Appeal (DCA) has ruled that an insurer’s...
Oregon Judge Won’t Take Unprecedented Step to Let Animals Sue
Sep 19 2018 // A judge has tossed a lawsuit filed by animal rights activists in the name of a once-neglected horse, finding that animals don’t have a right to sue. The Oregonian/OregonLive reported in doing so, Washington County...
After Blasts, Massachusetts Gas Customers Face Long Wait
Sep 19 2018 // The blast of high-pressure natural gas that led to dozens of home explosions last week in Massachusetts very likely damaged the system’s antiquated pipeline network and could lead to a long period of testing and...
UK Cryptocurrency Market Similar to ‘Wild West’ and Should Be Regulated: Lawmakers
Sep 19 2018 // Britain’s cryptocurrency market resembles the Wild West and should be regulated, lawmakers said on Wednesday, urging the government to bring to heel a sector plagued by volatile price swings, vulnerability to hacking...
South Carolina Issues Hurricane Florence Data Call, Emergency Order to Insurers
Sep 17 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation...
What Is an NRRA Exempt Commercial Purchaser?
Sep 17 2018 // Some larger commercial insurance brokers appear to be uncertain about how the Exempt Commercial Purchaser (ECP) feature of the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA), part of the Dodd Frank Act, effective...
Congress Should Amend Definition of Private Flood
Sep 17 2018 // Historically, the surplus lines market has served as a supplement to the National Flood Insurance Program (NFIP) and standard market, but the passage of the Biggert-Waters Flood Insurance Reform Act of 2012 caused some...
New York Challenges Federal Ruling Allowing Fintechs to Skirt State Regulation
Sep 14 2018 // New York state’s top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies. Maria...
Tech Giants, Chamber Offer Views on National Consumer Privacy Rules
Sep 14 2018 // Two technology trade groups on Wednesday released proposals for national consumer privacy regulations, adding to the chorus of businesses seeking to influence the growing momentum for stricter rules on how companies handle...
North Carolina Weakened Its Building Codes in 2013
Sep 14 2018 // Five years ago, encouraged by home builders and an anti-regulatory zeal, lawmakers in North Carolina joined other states in weakening building code requirements. It’s a decision they may regret as Hurricane Florence...
Hanover Insurance to Sell Specialty Unit Chaucer to China Re for $950 Million
Sep 13 2018 // The Hanover Insurance Group has agreed to sell Chaucer, its Lloyd’s-focused international specialty business, to China Reinsurance Group Corp. for total proceeds of $950 million. The Hanover had indicated in March it...
Federal Judge Rules Cryptocurrency Falls Under Securities Law
Sep 12 2018 // U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge ruled on Tuesday in what appeared to be the first court decision to address the issue. The ruling from U.S....
EU Lawmakers Agree on Internet Copyright Reforms in Blow to Tech Giants
Sep 12 2018 // Tech platforms and internet activists protested the outcome of a European Parliament vote Wednesday to back copyright rules that would help video, music and other rights holders seek compensation for use of their content...
Arizona City Not Waiting for Statewide Ban on Cellphone Use By Drivers
Sep 11 2018 // A new law banning the use of cellphones while driving went into effect in a Phoenix suburb this month, making it the latest city to attempt regulation rather than wait for a state effort. Surprise officials put an...
