Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Supreme Court Nominee Kavanaugh Seen as Business Friend, Regulation Skeptic
Jul 17 2018 // Brett Kavanaugh could add a powerful new voice on the Supreme Court to restrain what government agencies can do, ushering in a new era of tougher scrutiny of federal regulations loathed by businesses. In a dozen years on...
Travelers: Use Current Auto Insurance Model for Autonomous Future
Jul 17 2018 // Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer that issued the...
Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher
Jul 17 2018 // While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire...
UK PM’s Brexit Plans Threatened by Euroskeptics; Others Support 2nd Referendum
Jul 16 2018 // Theresa May’s long-running battle with her divided Conservative Party took a potentially more dangerous turn, as one of her former ministers began assembling lawmakers to vote against her Brexit plans. Euroskeptic...
Judge Rules Airbnb Can’t Dodge Aimco’s Illegal Sublease Claims in Miami
Jul 16 2018 // Airbnb Inc., having escaped a major U.S. landlord’s lawsuit over partying tourists at high-end Los Angeles apartments, will have to defend itself against the same allegations by the same landlord in Miami. A Florida...
Wisconsin High Court Upholds $750K Med-Mal Noneconomic Damages Cap
Jul 16 2018 // The Wisconsin Supreme Court upheld the state’s cap on noneconomic medical malpractice damages on June 27, reversing an appellate ruling that awarded $15 million to a woman who had all four limbs amputated after a...
Alabama Ridesharing Law Now in Effect
Jul 16 2018 // A new Alabama law allows ridesharing companies, such as Uber and Lyft, to operate statewide. The law, approved by the Alabama Legislature earlier this year, went into effect July 1. The Alabama Public Service Commission...
Declarations
Jul 16 2018 // Aftermarket Parts “By passing extremely narrow interest legislation to ban the use of aftermarket parts, the General Assembly has unfortunately voted to raise auto repair costs for Rhode Island drivers who, as a...
Rhode Island Auto Body Shop Legislation Goes Into Effect
Jul 16 2018 // Legislation effectively banning the use of aftermarket parts in the repair of vehicles, passed by the Rhode Island General Assembly in June, has become law without Rhode Island Governor Gina Raimondo’s signature....
Mass. Raises Minimum Wage, Creates New Paid Leave Program
Jul 16 2018 // Massachusetts Governor Charlie Baker has signed into law an act that will mandate an annual August sales tax holiday, increase minimum wage over the next five years and create a new paid family and medical leave program in...
UK Banks, Insurers Support Global Standards for Regulation After Brexit: Watchdog
Jul 13 2018 // Britain’s banks and insurers want to stick to global standards on financial regulation after Brexit and are not calling for a “race to the bottom” to win business from European rivals, the head of...
Financial Services Industry Slams Latest UK Proposal for Post-Brexit EU Trade Ties
Jul 13 2018 // Britain’s financial industry slammed U.K. Prime Minister Theresa May’s latest proposal for Brexit, with some calling it the worst outcome possible. In some of their most forthright comments since the referendum...
New Pass-Through Tax Guidance Now Expected by End of July
Jul 12 2018 // U.S. Treasury Department rules outlining which businesses structured as S corporations, partnerships and limited liability companies can claim a 20 percent tax deduction are likely to be delayed until the end of July,...
Court Rules Airport Screeners Shielded From Passenger Abuse Claims
Jul 12 2018 // Fliers may have a tough time recovering damages for invasive screenings at U.S. airport security checkpoints, after a federal appeals court on Wednesday said screeners are immune from claims under a federal law governing...
Alaska Judge OKs $275K Settlement to Boy Injured During P.E.
Jul 12 2018 // An Alaska judge has approved a $275,000 payout to the family of a boy permanently injured during a physical education class at a Juneau elementary school. The settlement was approved Monday between the Juneau School...
UK Regulator Warns Insurers, Banks About Responsible Use of Customers’ Big Data
Jul 12 2018 // Britain’s banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on...
Rhode Island Auto Body Shop Legislation Goes Into Effect
Jul 11 2018 // Updated legislation regarding the use of aftermarket parts in the repair of motor vehicles, passed by the Rhode Island General Assembly in June, has become law without Rhode Island Governor Gina Raimondo’s...
Facebook Faces £500,000 Fine in UK over Cambridge Analytica Data Privacy Violations
Jul 11 2018 // Facebook Inc. could be fined a symbolic 500,000 pounds ($664,000) by the U.K.’s privacy regulator after the social network giant failed to prevent key user data falling into the hands of a political consultancy that...
Blockchain Is Tech Evolution That Will Create Re/Insurance Revolution: B3i’s Marke
Jul 11 2018 // Blockchain technology is moving out of the lab and into the insurance business. It’s moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. It’s been a...
Injury on Missouri Waterslide Highlights Lax Regulation
Jul 10 2018 // No Missouri government officials conducted a safety inspection of a new waterslide at Six Flags St. Louis before a woman said she suffered whiplash in June from the force of the “Typhoon Twister” that featured...