Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Florida Fails to Pass Workers’ Compensation Reform
May 8 2017 // Florida businesses shouldn’t expect relief for workers’ compensation rates, this year at least. The Florida Legislature failed to pass legislation this session addressing 2016 decisions by the Florida Supreme...
Texas House Passes ‘Hailstorm’ Bill Aimed at Weather Damage Lawsuits
May 5 2017 // Note: this story was originally published in the Texas Tribune. The Texas House gave initial passage on May 4 to a bill that would make it harder for property owners to sue insurers over weather-related damage to...
Luxembourg ‘Not Offering’ Special Deals to Lure Financial Firms After Brexit
May 5 2017 // Luxembourg is in talks with a wide range of financial firms looking to relocate out of London as Britain leaves the European Union, but it will not offer sweeteners to undercut rival centers, Finance Minister Pierre...
China’s Anbang Denies Accusation It Lied About Finances
May 4 2017 // The Chinese insurer that bought New York City’s Waldorf Astoria Hotel is fighting an accusation by China’s leading business magazine that it lied about its finances. The report by Caixin follows a series of...
California Insurer Groups and Insurance Department Battle over Auto Repair Survey Bill
May 3 2017 // A California bill that could affect auto repair costs is making its way through state Legislature, and one group that’s happy about that is the Association of California Insurance Companies. ACIC is one of several...
Atkins Takes Over as Kentucky Insurance Commissioner as Maynard Steps Down
May 3 2017 // Nancy G. Atkins has been appointed Commissioner of the Kentucky Department of Insurance (KYDOI), in the wake of Brian Maynard’s decision to vacate the post. Maynard stepped down as commissioner of KYDOI effective...
Vermont Captive Insurance Legislative Agenda Signed into Law
May 3 2017 // Vermont Captive Insurance Association (VCIA) President Richard Smith joined Vermont Governor Phil Scott as he signed new legislation passed in the 2017 session. This new legislation serves to strengthen Vermont’s...
Proposed New York Regulations Crack Down on Title Insurance Industry
May 2 2017 // New York Governor Andrew M. Cuomo has announced two new proposed regulations to protect New Yorkers and crack down on unscrupulous practices in the title insurance industry. These new protections were drafted following an...
Supreme Court Issues Mixed Rulings on Municipal Suits Over Predatory Lending
May 2 2017 // The U.S. Supreme Court on Monday ruled that cities may sue banks over predatory mortgage lending to minorities that harms municipal finances, but cast doubt on whether such cases can succeed by throwing out a lower court...
New Law Encourages Flood Protection in West Virginia Communities
May 2 2017 // A new law in West Virginia aims to help parts of the state better prepare for major flooding. A new state resiliency office will receive funds, coordinate efforts and update plans annually against disasters like the...
Report: South Carolina Workers’ Comp Market Stable With Plenty of Capacity
May 2 2017 // The South Carolina workers’ compensation market is strong, according to the state department of insurance’s most recent report, as the first reform to the state’s workers’ comp system in almost a...
California DWC Posts Interim Report on Workers’ Comp Drug Formulary
May 1 2017 // California’s Division of Workers’ Compensation has posted the second interim status report on its efforts to promulgate regulations for an evidence-based workers’ compensation drug formulary. The...
Spending Deal Keeping Government Open Undermines Trump’s Wish List
May 1 2017 // U.S. House and Senate negotiators reached a bipartisan deal on a $1.1 trillion spending bill that largely tracks with Democratic priorities and rejects most of President Donald Trump’s wish list, including money to...
North Carolina Passes Law Limiting Nuisance Lawsuits Against Hog Farmers
May 1 2017 // North Carolina lawmakers decided Thursday that hog and poultry operations should get added protection from lawsuits by neighbors complaining that swarms of flies and the intense stink of animal waste create a nuisance. The...
Florida Battle for Ridesharing Regulations Nears End of Long Road
May 1 2017 // After a four-year battle in the Florida Legislature, lawmakers passed statewide regulations April 19 for ridesharing companies like Uber and Lyft that would undo a patchwork of local rules across the...
Report: South Carolina Workers’ Comp Market Stable With Plenty of Capacity
May 1 2017 // The South Carolina workers’ compensation market is strong, according to the state department of insurance’s most recent report, as the first reform to the state’s workers’ comp system in almost a...
Judge: Exxon Must Pay $20M for Emissions from Texas Plant
Apr 28 2017 // A judge has ordered Exxon Mobil to pay a penalty of nearly $20 million for releasing 10 million pounds of pollutants into the air over the course of eight years from a complex it operates east of Houston. U.S. District...
Oregon Judge Dismisses $4M Suit in Family Drowning
Apr 28 2017 // A judge has dismissed a $4 million lawsuit filed by a relative of four people who drowned in a northwest Oregon lake in 2014. The Oregonian/OregonLive reported Judge Andrew Erwin dismissed the suit after Washington County...
MetLife CEO Says Businesses Must Give Up Tax Breaks for Lower Tax Rate
Apr 28 2017 // MetLife Inc. Chief Executive Officer Steve Kandarian said industries must be willing to forfeit some of their advantages in the tax code in order for the U.S. to seize a “once-in-a-generation” opportunity to...
Senate Bill Would Extend National Flood Insurance Program for 10 Years
Apr 28 2017 // U.S. Senators Bill Cassidy (R-La.) and Kristen Gillibrand (D-N.Y.) have released draft legislation to reauthorize the National Flood Insurance Program (NFIP) for 10 years. The NFIP is currently set to expire on Sept. 30,...
