Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
New Louisiana Law Allows Insurance Agencies to Employ Convicted Felons
Aug 20 2018 // A law that went into effect on Aug. 1 in Louisiana allows insurance producers to employ convicted felons if the producer obtains permission or consent in writing from the state insurance commissioner. The Louisiana...
Third Compliance Date Approaching for New York Cybersecurity Regulation
Aug 20 2018 // The third transitional period for New York’s first-in-the-nation cybersecurity regulation for all Department of Financial Services (DFS) regulated entities ends on Sept. 4, 2018. Beginning on Sept. 4, banks,...
Jury Orders Pork Producer to Pay $473.5M in North Carolina Nuisance Lawsuit
Aug 20 2018 // A federal jury decided Aug. 5 that the world’s largest pork producer should pay $473.5 million to neighbors of three North Carolina industrial-scale hog farms for unreasonable nuisances they suffered from odors,...
How Florida’s Flood Insurance Model Could Work Nationwide
Aug 20 2018 // While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood...
IRS Proposals Clear Way for Trump Tax Cut for Insurance Brokers
Aug 20 2018 // The Treasury Department has moved to clear up some confusion in the Trump tax cut law by proposing that the full 20 percent deduction for pass-through businesses be made available to a broad spectrum of small businesses,...
Tighter Regulations in NYC Could Take Bite Out of Airbnb Profits
Aug 17 2018 // Airbnb faces tightening regulations in New York City that could take a big bite out of its profits, and on Wednesday the short-term rental company offered a counter-measure designed to appease hostile politicians: a $10...
Judge Dismisses Certain Claims in West Virginia Industrial Fire Suit
Aug 14 2018 // A federal judge has dismissed part of a lawsuit in connection with an industrial fire in West Virginia. The Parkersburg News and Sentinel reports U.S. District Judge Thomas E. Johnson dismissed most of the claims made in a...
Facing $17B in Fire Damages, PG&E CEO Blames Climate Change
Aug 13 2018 // It was California’s biggest fire yet. In late July and August, wildfires devastated an area north of San Francisco far bigger than New York City, destroying more than 100 homes and injuring two fire fighters....
Various Scenarios for Brexit: Deal, No Deal, New Referendum?
Aug 13 2018 // The United Kingdom is due to leave the European Union on March 29, yet little is clear: There is, so far, no divorce deal, rivals to Prime Minister Theresa May are circling and some lawmakers are pushing for a rerun of the...
Cryptocurrency Platform Omniex Adds Former Regulators Levitt, Bair to Board
Aug 10 2018 // Former U.S. Securities and Exchange Commission chairman Arthur Levitt and former Federal Deposit Insurance Corp. chair Sheila Bair have joined the board of advisors of cryptocurrency trading platform Omniex, the company...
Trump Team Blames California Wildfires on Environmentalists, Sparking Backlash
Aug 9 2018 // Scientists say California’s record wildfires have been fed by an abnormally hot and dry fire season made worse by climate change, but the Trump administration insists there’s another culprit: environmentalists...
Third Compliance Date Approaching for New York Cybersecurity Regulation
Aug 9 2018 // The third transitional period for New York’s first-in-the-nation cybersecurity regulation for all Department of Financial Services (DFS) regulated entities ends on September 4, 2018. Beginning on September 4, banks,...
IRS Proposals Clear Way for Trump Tax Cut for Insurance Brokers
Aug 9 2018 // The Treasury Department has moved to clear up some confusion in the Trump tax cut law by proposing that the full 20 percent deduction for pass-through businesses be made available to a broad spectrum of small businesses,...
Florida United Businesses Association to Offer Lancer Workers’ Comp Coverage to Members
Aug 9 2018 // The Florida United Businesses Association (FUBA) is now offering workers’ compensation coverage to small businesses across the state through Lancer Indemnity Co. of New York. The partnership marks FUBA’s switch...
California Commissioner Named Chair of New NAIC Cannabis Committee
Aug 8 2018 // The National Association of Insurance Commissioners has named California Insurance Commissioner Dave Jones chair of its new Cannabis Insurance Working Group. Jones proposed that the NAIC establish this working group the...
Gig Firms Want California to Override Court Ruling
Aug 8 2018 // Leading gig economy companies including Uber and Lyft are quietly lobbying California’s top Democrats to override or undermine a court ruling that could make many of their contract workers into employees. In April,...
Judge Sends Oklahoma’s Lawsuit Against Opioid Makers Back to State Court
Aug 7 2018 // U.S. judge has determined that a lawsuit the state of Oklahoma filed against the makers of opioids does not “necessarily rise” to a federal issue. The ruling by U.S. District Judge Vicki Miles-LaGrange in...
Praise and Concern Over New Jersey’s Plan to Sue Over Pollution
Aug 7 2018 // New Jersey’s new push to sue people and companies responsible for pollution has environmental groups applauding and business interests raising questions and concerns. After two terms of Republican Chris Christie,...
Jury Orders Pork Producer to Pay $473.5M in North Carolina Nuisance Lawsuit
Aug 6 2018 // A federal jury decided Friday that the world’s largest pork producer should pay $473.5 million to neighbors of three North Carolina industrial-scale hog farms for unreasonable nuisances they suffered from odors,...
Judge Tosses Pulse Nightclub Survivor Lawsuit Against Orlando Police
Aug 6 2018 // A judge has dismissed a lawsuit which claimed police officers didn’t do enough to stop the gunman responsible for a massacre at a Florida nightclub, but he gave survivors and family members two weeks to file another...
