Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
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...
South Carolina to Hold Info Session on New Insurance Data Security Law
Sep 7 2018 // The South Carolina Department of Insurance will hold an information session Monday, Sept. 10, on the South Carolina Insurance Data Security Act for state insurance licensees. According to a media release, it will address...
Texas Tort Reform Group Says Post-Cat Lawsuits Have Dropped
Sep 7 2018 // In the year following the enactment of a Texas law aimed at reducing the volume of lawsuits filed by property owners against insurance companies following natural catastrophes, the number of those types of disputes has...
EU Urged to Develop Common Regulations on Cryptocurrency
Sep 6 2018 // The European Union should adopt common rules on cryptocurrencies and scrutinize how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. In the...
Republican States’ Court Fight to End Obamacare Begins as Midterm Politics Heat Up
Sep 6 2018 // A Republican-led lawsuit seeking to nullify Obamacare will be spotlighted in court in the final months of congressional election campaigns, giving Democrats political fodder and sending GOP candidates in competitive races...
Facebook, Twitter Face Lawmakers Over Liability, Privacy, Regulation
Sep 6 2018 // The more U.S. lawmakers learn about how Facebook Inc. and Twitter Inc. work, the more they want to know. In the latest congressional hearings on misinformation and election interference, which featured first-time...
South Carolina Supreme Court Rules Safety Trumps Jurisdiction in DUI Case
Sep 6 2018 // South Carolina’s highest court has ruled a woman’s driving under the influence charge shouldn’t be dismissed because her car crashed a few feet outside the city whose officer detained her. Jennifer Lynn...
Elevator Company Wants Judge to Reconsider $2M Nevada Jury Verdict
Sep 5 2018 // An elevator company is asking a judge to reconsider a jury’s $2 million award to a California man who claimed in a lawsuit he was injured by a sudden drop in a Lake Tahoe casino elevator. Schindler Elevator Co. filed...
California Legislators Dodge Action as Utility Frets on Fire Costs
Sep 5 2018 // As California’s lawmakers debated late Friday night under the statehouse capitol dome in Sacramento, the city’s utility district kept the lights on for them. But the legislators fell short for the electricity...
South Carolina Insurer Data Security Law Should Be Nationwide Role Model
Sep 5 2018 // In October 2017, the National Association of Insurance Commissioners (NAIC) adopted the Insurance Data Security Model Bill, also known as the NAIC “Model Law.” NAIC’s Model Law seeks to establish a...
A Year Later, Texas Regulators Taking Action Against Harvey Polluters
Sep 4 2018 // More than a year after Hurricane Harvey slammed into the Texas coast, state environmental authorities have only just begun enforcement actions against a handful of companies deemed responsible for some of the most massive...
California Lawmakers OK Bill to Help PG&E Pay for Wildfire Costs
Sep 4 2018 // California lawmakers passed legislation to help utility giant PG&E Corp. pay for billions of dollars in potential liabilities from wildfires that ravaged Northern California wine country last year. The state Assembly...
Judge Tosses Uber Investors’ Class Action Bid Over Stock Losses
Sep 4 2018 // Uber Technologies Inc. and its former Chief Executive Officer Travis Kalanick defeated a lawsuit claiming the company swept illicit business practices under the rug that cost investors billions of dollars. U.S. District...
