Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Judge Allows Defamation Lawsuit by 2 Baseball Players Against Al Jazeera
Apr 3 2017 // A federal judge says two Major League Baseball players can go ahead with their lawsuit on claims that an Al Jazeera documentary defamed them by linking them to performance-enhancing drugs. Judge Ketanji Brown Jackson ruled...
Republicans Now Eye Insurer Low-Income Subsidies They Sued to Halt
Apr 3 2017 // Republican lawmakers are seeking a way to guarantee that health insurers get $7 billion promised to them to help low-income people afford the out-of-pocket costs of Obamacare plans, in an effort to keep more companies from...
Declarations
Apr 3 2017 // A Costly Disadvantage “Consumer protection laws need to keep pace with changes in the marketplace. Data mining and information sharing by insurance companies has put consumers at a costly disadvantage that needs to...
Florida Property Insurers Avoid Ratings Downgrades From Demotech, For Now
Apr 3 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning about the effects of assignment of benefits abuse and...
New York’s Cybersecurity Rules: Things Insurance Professionals Should Know
Apr 3 2017 // The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1. The cyber rules require insurance and...
11 Suits Over 2010 Flood Tossed by Texarkana Judge
Mar 31 2017 // A Texarkana judge has dismissed 11 civil lawsuits connected to the historic 2010 flood at Albert Pike campgrounds in Ouachita National Forest in Arkansas that took the lives of 20 men, women and children. The 11 lawsuits,...
Insurance Trade Group: Illinois Workers’ Comp Bill Unnecessary, ‘Burdensome’
Mar 30 2017 // A national trade association representing property/casualty insurers has come out against a proposed bill in Illinois that will create what group says are “burdensome and duplicative workers’ compensation...
Texas Businesses Divided on High-Priority Insurance Bill
Mar 30 2017 // This article originally appeared in the Texas Tribune. Weeks after major business interests blasted legislation that would make it harder for property owners to sue insurance companies over weather-related damages, other...
First Domestic Run-Off Insurance Carrier Granted License by Rhode Island
Mar 30 2017 // ProTucket Insurance Company has become the first Rhode Island domestic insurer to be formed specifically for providing run-off portfolio transfer solutions. The move has been made possible under new state legislation which...
Exxon Dealt a Blow as Texas Judge Sends Climate Suit to New York
Mar 30 2017 // Exxon Mobil Corp.’s attempt to derail a multistate fraud probe into whether the company fully disclosed to investors the financial risks of climate change was dealt a major blow after a Texas judge moved the case...
Judge to Hear Objection to Trump University’s $25 Million Settlement
Mar 30 2017 // A U.S. judge will hear arguments on Thursday over whether to grant final approval to a $25 million settlement of fraud lawsuits against President Donald Trump over his Trump University real estate investment seminars, with...
Alaska Workers’ Comp Reform Has Labor, Businesses Disagreeing
Mar 29 2017 // Alaska Gov. Bill Walker is sponsoring workers’ compensation legislation aimed at making it easier to determine whether someone is an employee or an independent contractor. Walker’s bill creates a new definition...
Self-Driving Car Crash in Arizona A Reminder about Regulation Challenges
Mar 29 2017 // A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the...
Anbang Insurance, Kushner End Manhattan Talks as Lawmakers Cite Conflicts
Mar 29 2017 // China’s Anbang Insurance Group Co. and a company co-owned by the family of President Donald Trump’s son-in-law Jared Kushner have ended talks to redevelop a Manhattan office tower, a deal that had drawn...
Republicans Ask Treasury to End ‘Too Big To Fail’ Process for Non-Banks
Mar 29 2017 // Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial system, arguing it has led to substantial regulatory costs. The Financial Stability...
Trump Moves to Undo Federal Climate Change Policies
Mar 28 2017 // President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally...
Obamacare Explosion More Like a Slow Burn for Now
Mar 28 2017 // U.S. President Donald Trump said on Friday that Obamacare was “exploding” after Republican lawmakers shelved legislation that would have dismantled the healthcare law. That’s not going to happen this...
Montana Lawmakers Table Privatization of $1.6B Workers’ Comp Fund
Mar 27 2017 // Montana lawmakers have tabled a proposal seeking to dismantle and privatize the state’s massive workers’ compensation system, saying the matter is too daunting to take up in the waning days of the legislative...
Vermont Lawmakers Say Businesses Should See $28M Reduction in Expenses
Mar 27 2017 // Vermont businesses should see a $28 million reduction in expenses this year from lower workers’ compensation and unemployment insurance costs. Democratic House Speaker Mitzi Johnson tells the Rutland Herald the state...
How Republicans Can Unravel Obamacare Without Repealing It
Mar 27 2017 // Republicans may have failed to overthrow Obamacare last week, but there are plenty of ways they can chip away at it. The Trump administration has already begun using its regulatory authority to water down less prominent...
