Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Metal Theft Remains an Expensive Problem for Insurance Industry
Aug 26 2016 // Metal theft became a growing concern post financial crisis due to rising global demand for scrap metal, and although economic conditions have slowed demand recently, this expensive crime is still causing headaches for the...
London Financial Groups Losing Faith in Quick Fix to Get EU Access After Brexit
Aug 26 2016 // Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels...
California Lawmakers Vote for Extension of Climate Change Law
Aug 25 2016 // California lawmakers voted to extend the state’s landmark climate change law — the most aggressive in the nation — by another 10 years, resisting fierce opposition from oil companies and other business interests...
New Jersey Supreme Court Rules Paralyzed Waterpark Visitor Can Proceed with Gross Negligence Suit
Aug 25 2016 // A New Jersey waterpark visitor who was partially paralyzed in a 2010 accident while on a ride that simulates surfing can proceed with a lawsuit, the state Supreme Court ruled this week. Roy Steinberg and his wife claim...
Fitbit Did Not Steal Jawbone’s Trade Secrets, Trade Judge Rules
Aug 25 2016 // Fitbit Inc. did not steal rival Jawbone’s trade secrets, a U.S. International Trade Commission judge ruled on Tuesday, dashing Jawbone’s hopes of securing an import ban against Fitbit’s wearable fitness...
Vermont Law Tightens Regulation for Consumer Litigation Funding Companies
Aug 24 2016 // A new Vermont law introduces changes to the legal requirements for consumer litigation funding companies in the state. These companies will now need to get licensed and post a surety bond in order to operate...
Safety Inspections of Thrill Rides Vary by State
Aug 24 2016 // In some parts of the U.S., the thrill rides that hurl kids upside down, whirl them around or send them shooting down slides are checked out by state inspectors before customers climb on. But in other places, they are not...
U.K. Lawmakers Call for Ban on Plastic Microbeads, Citing Dangers to Food Chain
Aug 24 2016 // U.K. lawmakers called for a ban on plastic microbeads used in products such as shaving gel, exfoliating scrubs and toothpaste, saying they are harming marine life and entering the food chain. In a report published...
Bill Adding Ridesharing Restrictions in Honolulu Becomes Law
Aug 23 2016 // Honolulu Mayor Kirk Caldwell is allowing a bill placing stricter regulations on ridesharing companies such as Uber and Lyft to become law. Caldwell returned the bill to the City Council and cited logistical concerns in...
AAIS Releases New Drone Coverage Forms, Rules Filings Ahead of FAA Regulations
Aug 22 2016 // The American Association of Insurance Services (AAIS), a non-for-profit national insurance advisory organization, announced new filings of Unmanned Aircraft Liability Coverage forms and rules in their Agricultural General...
Delaware Passes Ridesharing Regulations
Aug 22 2016 // Delaware Governor Jack Markell has signed legislation that establishes insurance requirements for transportation network companies and their drivers, according to the Property Casualty Insurers Association of America...
North Dakota Lawmaker: Where’s the Reserve in Workers’ Comp Opt-Out Plans?
Aug 22 2016 // A state representative from North Dakota, who serves on the Workers’ Compensation Insurance Committee at the National Conference of Insurance Legislators (NCOIL), says he’s concerned about reserves for paying...
Business-Backed Group Pushes for Workers’ Comp Alternative in Illinois
Aug 22 2016 // An Illinois think tank has published a report expressing support for a workers’ compensation opt-out system in that state, saying that it would give employers the ability to lower costs and allow for a more flexible...
Is Your Website Accessible for Users with Visual Disabilities?
Aug 22 2016 // Employers are getting sued under the Americans with Disabilities Act (ADA) because their websites are not accessible for individuals with visual disabilities. Although the deadline for creating accessibility standards...
Judge Nixes $100M Driver Settlement But Uber May Win in End
Aug 19 2016 // Uber Technologies Inc. may come out ahead by failing to win court approval of a $100 million settlement with drivers. A San Francisco federal judge rejected the agreement on Thursday, a turn of events that would typically...
New York Judge: Hedge Fund Head’s $100M Defamation Claim Better Suited for Bahamas
Aug 17 2016 // A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon’s $100 million defamation lawsuit against Canadian fashion designer Peter Nygard, saying the case tied to their long-running...
Interview: Public Affairs ‘Ironman’ Kevelighan Takes Helm at I.I.I.
Aug 16 2016 // Committing to a few extreme physical fitness events every year keeps Sean Kevelighan honest. “That, for me, is the incentive to insure that I keep my training going. It’s really good for your health, obviously,...
GM Ignition-Switch Lawsuit Dismissed by Texas Judge
Aug 16 2016 // A Texas judge has thrown out a lawsuit against General Motors from a woman who blamed a 2012 car crash on a faulty ignition switch that later prompted the company to recall 2.6 million vehicles. The Aug. 13 order from...
Zurich Extends Security, Privacy Coverage to Captives
Aug 16 2016 // Zurich Insurance has expanded its cyber insurance product to companies and their captives to protect against risks associated with data security breaches including cyber-related breaches. Zurich’s Security and...
Security First Insurance in Florida Forms Regulatory Compliance Department
Aug 16 2016 // Security First Insurance Company has expanded and added new positions to its Ormond Beach, Fla.-based headquarters. According to Werner Kruck, chief operating officer, the company has formed a new Regulatory Compliance...