Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Business-Backed Group Pushes for Workers’ Comp Opt-Out in Illinois
Aug 8 2016 // An Illinois think tank has issued a report expressing support for a workers’ compensation opt-out system, stating that it would give employers the ability to lower costs and allow for a more flexible workforce. In...
Business Groups Sue to Thwart U.S. Crackdown on Corporate Inversions
Aug 8 2016 // Two business groups sued the Obama administration on Thursday over a crackdown on U.S. companies that try to reduce their U.S. taxes by rebasing abroad in a process known as inversion. The U.S. Chamber of Commerce and the...
Judge Rejects PwC Bid to Dismiss $1B Malpractice Suit Over MF Global Collapse
Aug 8 2016 // A federal judge rejected PricewaterhouseCoopers’ bid to dismiss a $1 billion lawsuit accusing the accounting firm of professional malpractice for helping cause the October 2011 bankruptcy of MF Global Holdings Ltd, a...
FAA Rejected Advice for Hot Air Balloon Safety Rules 2 Years Ago
Aug 8 2016 // Warning about potential high-fatality accidents, safety investigators recommended two years ago that the Federal Aviation Administration impose greater oversight on commercial hot air balloon operators, government...
New York’s Boxing, Martial Arts Rules Include Insurance Limits
Aug 8 2016 // New York will require $1 million coverage for life-threatening brain injuries and other new health insurance for both professional boxers and its first group of licensed mixed martial artists under regulations slated to...
N.C. Tackles Insurance Rate Evasion Fraud, Captive Insurance
Aug 8 2016 // North Carolina has made several changes encompassing fraud, captives and flood insurance regulations to its state insurance laws. The legislation, House Bill 287, was approved June 30 by state lawmakers and signed into law...
SLSOT Using Data to Better Communicate with Surplus Line Market Stakeholders
Aug 4 2016 // Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of large organizations it’s often the go-to market for complicated risks for which...
Louisiana Judge Awards $50K in Sorrento Police Chief Sex Assault Case
Aug 3 2016 // A federal judge has awarded $50,000 in damages to a woman who accused a former Louisiana police chief of sexually assaulting her in his office while she was drunk and he was on duty. U.S. District Judge Shelly Dick ruled...
Boston Police Chief Disappointed Ridesharing Bill Lacks Driver Fingerprinting
Aug 3 2016 // Boston Police Commissioner William Evans is faulting Massachusetts lawmakers for failing to require the fingerprinting of drivers for ride-hailing services such as Uber and Lyft. The House and Senate approved regulations...
Congress Urged to Interrupt Recess to Act on Zika Funding
Aug 3 2016 // Federal health officials, scrambling to fund efforts to combat the spread of the Zika virus in the United States, said on Tuesday they have provided more stopgap money to various locales while calls grew for Congress to...
Judge Rejects Bid to Throw Out Trump University Lawsuit Before Trial
Aug 3 2016 // A U.S. judge on Tuesday rejected Republican presidential candidate Donald Trump’s pretrial bid to throw out a lawsuit brought by Trump University students who said they were defrauded by its real-estate...
Mutual Insurers Regain Some Global Market Share, but Threats Remain: Swiss Re
Aug 3 2016 // Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years. Those gains are threatened, however, by new financial regulations, changes in corporate...
Judge: Gawker Founder Can’t Halt Hulk Hogan From Enforcing Verdict
Aug 1 2016 // Gawker Media founder Nick Denton lost his latest bid to halt enforcement of the $140 million verdict won by Hulk Hogan in an invasion-of-privacy lawsuit, according to a court document provided by the former pro...
Massachusetts Lawmakers Pass Ridesharing Bill
Aug 1 2016 // Massachusetts lawmakers over the weekend passed a bill regulating transportation network companies, or ridesharing firms like Uber and Lyft, that includes requirements for background checks on drivers, vehicle safety...
Judge Denies Uber Bid to Enforce Arbitration in Consumer Suit
Aug 1 2016 // Uber Technologies Inc. can’t require a Connecticut customer accusing the company of price-fixing to resolve the fight in arbitration, a federal judge ruled in one of several cases challenging the ride-hailing...
FAA Rejected Advice for Hot Air Balloon Safety Rules 2 Years Ago
Jul 31 2016 // Warning about potential high-fatality accidents, safety investigators recommended two years ago that the Federal Aviation Administration impose greater oversight on commercial hot air balloon operators, government...
U.S., China Insurance Regulators Keep Open Dialogue
Jul 29 2016 // Regulatory representatives from the U.S. and China met this week to discuss issues facing their respective insurance markets. The meeting was held at the National Association of Insurance Commissioners (NAIC) New York...
Federal Judge Orders St. Louis to Pay $1.5M in False Arrest Case
Jul 28 2016 // The city of St. Louis has been ordered to pay nearly $1.5 million in damages to a man falsely arrested 14 years ago. The St. Louis Post-Dispatch reports that the July 26 ruling by a federal judge could end a four-year...
U.S., EU Report on Re/Insurance Covered Agreement Talks
Jul 28 2016 // Representatives of the United States and the European Union met in Brussels this week to continue their joint negotiations for a bilateral agreement on insurance and reinsurance measures. “Both sides continued to...
Judge Hits Uber’s Background Check on Passenger Bringing Price-Fixing Suit
Jul 26 2016 // A federal judge on Monday banned Uber Technologies Inc. and its Chief Executive Travis Kalanick from using information from a background check on a passenger bringing a price-fixing lawsuit, saying the investigative firm...
