Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
How Tech Can Turn the Tide of Flood Insurance
Nov 21 2016 // As residents of coastal Louisiana, New York and New Jersey have discovered, a house with a sea view can carry a serious and soggy downside. In terms of storms and their severity, a building’s location has never...
AG Defends California Insurance Commissioner’s Regulatory Move
Nov 21 2016 // The California Supreme Court heard oral arguments this month, during which the Attorney General’s office in a suit filed by the insurance industry defended a regulatory move by Insurance Dave Jones. The regulation...
New York Attorney General Concerned Trump May Gut Anti-Fraud Law
Nov 18 2016 // New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall...
Fintech Firms Alibaba, Tencent Support China’s New Cyber Law Despite Foreign Opposition
Nov 18 2016 // China’s Alibaba Group Holding Ltd. and Tencent Holdings Ltd. rallied behind Beijing’s recently imposed cyber security law on Thursday, following criticism of it from overseas technology rivals. The...
Virginia Hemp Crop Harvested for 1st Time in Decades
Nov 18 2016 // Among the many crops grown on Glenn Rodes’ family farm in Rockingham County, this summer was one that has not been cultivated in Virginia for decades but that may have a chance at a comeback now, thanks to a slow...
Rutgers Law School in New Jersey Launches Project to Improve Homeowners’ Insurance
Nov 17 2016 // Rutgers Law School’s Camden, N.J., location, in collaboration with United Policyholders, is seeking to improve homeowners’ insurance nationally through its recently launched project. The Rutgers Center for Risk...
Regulators Look to State Laws as Republicans Move to Change Dodd-Frank
Nov 17 2016 // State securities regulators said they may have to rely more heavily on local laws to police banks and finance companies if President-elect Donald Trump and a Republican-controlled Congress roll back federal reforms...
With Brexit, UK Government Should ‘Refine Not Replace’ Solvency II: Insurers
Nov 17 2016 // Rather than replacing Solvency II entirely when the UK leaves the European Union, regulators need to refine EU’s insurance regulation to make it more appropriate for the UK market and customers, according to the...
Fed Proposal Would Hike Capital Requirements to Discourage ‘Too Big to Fail’
Nov 16 2016 // Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break...
Judge Awards $1.9M to Medical Clinic Whistleblower in Pacific Northwest
Nov 15 2016 // The former chief financial officer of a chain of medical clinics in Washington and Idaho has been awarded $1.9 million after claiming he was fired for refusing to file fabricated financial reports. Gregg Becker was the CFO...
Rep. Hensarling’s Plan Could Be Blueprint for Trump Revamping of Dodd-Frank
Nov 15 2016 // When Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, released legislation this summer to weaken the major financial law known as Dodd-Frank, many said it was a prêt-a-porter plan that...
Former Florida Commissioner McCarty Recognized for International Insurance Work
Nov 15 2016 // The International Association of Insurance Supervisors (IAIS) has recognized former Florida Insurance Commissioner Kevin M. McCarty for his service to international insurance regulation. McCarty is a past president of the...
Atlantic City Ride-Hailing Drivers Face Legal and Regulatory Hurdles
Nov 14 2016 // Joshua DeLeon earned $200 a week driving for Uber, a side job he used to buy an engagement ring for his girlfriend. Then he got a $300 ticket from Atlantic City for operating without a proper license, and he quit. “I...
Florida Becomes 26th State to Approve Medical Marijuana
Nov 14 2016 // Florida voters approved a state constitutional amendment last week to legalize medical marijuana, broadening access to pot beyond the limited therapeutic uses approved by the legislature two years ago. Amendment 2 passed...
Medical Marijuana OK’d in Conservative Arkansas, but Fights Remain
Nov 10 2016 // Arkansas voters handed marijuana advocates a significant victory by passing a measure that would legalize the drug for medical use, but groups on both sides of the issue are now gearing up for fights over how to set up the...
Judge Rules AIG Must Defend Bill Cosby in Defamation Claims
Nov 10 2016 // A federal judge said Bill Cosby’s homeowner’s insurance company must defend him against three civil defamation lawsuits in Massachusetts brought by several women who accused the once-beloved entertainer of...
Mississippi Judge Throws Out Unlawful Termination Award Against Jackson State
Nov 10 2016 // A judge in Mississippi has thrown out a $107,100 judgment against Jackson State University stemming from an unlawful termination lawsuit filed by the school’s former head trainer. The Clarion-Ledger reports U.S....
U.S. Supreme Court Declines to Review Challenge to Florida Workers’ Comp System
Nov 10 2016 // The United States Supreme Court has refused to review a Florida case challenging the state’s entire workers’ compensation system, which could be seen as the state’s only reprieve on workers’ comp...
Home-Share Site Airbnb Loses Round in Fight Against City Regulations
Nov 9 2016 // Airbnb Inc.’s claim that it’s just a conduit for user-generated content was rejected by a judge who said the company may not be able to duck a San Francisco law punishing it when hosts book units that...
Wyoming Transit Department Can’t be Sued in Pedestrian Death, Judge Rules
Nov 8 2016 // A state judge has ruled that the Wyoming Department of Transportation cannot be held legally responsible for the death of a 7-year-old girl who was struck and killed by an elderly driver last year in Riverton. The parents...
