Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
HOT Markets: Drones, Cyber and More
Mar 21 2016 // Looking for new sales and opportunities in 2016? Here are a few of the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry this year. Sky’s...
Steps to Prepare for the Worst and Best Outcome in Recalls
Mar 21 2016 // Product recalls are on the rise. Last quarter alone, there were dozens of recalls, including peanut butter, cars and bicycles. As consumer safety concerns come under greater regulation and scrutiny, recall risks are not...
Massachusetts Court Rules on Damages for Injured Workers
Mar 21 2016 // Massachusetts’ highest court recently ruled in a case of first impression that a workers’ compensation insurer is not entitled to a lien on the money awarded to claimants for pain and suffering. This ruling...
Florida Assignment of Benefits, Ridesharing Bills Reach Dead End
Mar 21 2016 // Florida lawmakers will not provide resolution for two controversial issues currently facing the Florida insurance industry, this year at least. At the close of the 2016 Florida legislative session on March 11, attempts to...
Washington Commissioner Fines Insurance Professionals $17K
Mar 21 2016 // Wasington Insurance Commissioner Mike Kreidler took enforcement action and issued fines totaling $17,675 last month against insurance companies and producers who he says violated state insurance regulations. Here’s...
Missouri Lawmakers Favor Statewide Regulations for Uber
Mar 18 2016 // Missouri lawmakers in both chambers say passing statewide regulations for app-based car services will lead to thousands of new jobs. Uber’s general manager for Missouri Sagar Shah said that regulations making their...
California Judge: Lyft Lawsuit Against Uber Exec Should Go to Trial
Mar 18 2016 // An Uber executive lost a bid to throw out a breach of contract lawsuit filed against him by his former employer, Lyft, in advance of a trial scheduled for next month, according to a tentative ruling by a California state...
Lloyd’s Appoints Garigiparthy as Country Manager for India
Mar 18 2016 // Lloyd’s announced the appointment of Shankar Garigiparthy as country manager for India. In this new role Garigiparthy will be responsible for market development, representing Lloyd’s in discussions with...
Georgia Judge Awards $64M to Man Beaten in Assisted Living Home
Mar 18 2016 // A judge in Wilkinson County, Georgia, has awarded $64.6 million to a man who claimed he was beaten by several employees in a personal-care home. Media outlets report that in January, Judge William Prior issued the final...
Pennsylvania Lawmakers Start Debating Medical Marijuana Bill
Mar 17 2016 // The Pennsylvania House of Representatives took up a proposal this week to permit the use of marijuana for medical purposes, a potential breakthrough for supporters who have worked for several years to get legalization...
Insurance Trade Groups Oppose Minnesota Auto Insurance Bill
Mar 17 2016 // Property/casualty insurance trade groups, the American Insurance Association (AIA) and the National Association of Mutual Insurance Companies (NAMIC), have submitted testimony to the Minnesota Legislature in opposition to...
Penn. Hails House Committee Passage of Private Flood Insurance Bill
Mar 17 2016 // Pennsylvania Insurance Commissioner Teresa Miller hailed a recent vote by the U.S. House of Representatives Financial Services Committee approving the Flood Insurance Market Parity and Modernization Act (H.R. 2901). Miller...
Judge Dismisses California Lawsuit over Duracell Batteries Guarantee
Mar 17 2016 // A federal judge threw out a lawsuit accusing Procter & Gamble Co. of misleading consumers by guaranteeing that Duracell batteries would not fail for 10 years, when in fact the batteries might leak when used or stored...
Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims
Mar 17 2016 // Citizens Property Insurance Corp.’s board of governors has approved a slate of recommendations aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress made in...
Utah Judge Limits Suit over Drunken Attack at Ski Resort’s Oktoberfest
Mar 16 2016 // A Utah judge this week tossed out part of a lawsuit filed by a family who says they were beaten by drunken revelers at a ski resort’s Oktoberfest celebration because the event has turned into a booze-fueled Rocky...
New Mexico Court Rules Prison Firm Can Be Held Liable for Rapes
Mar 16 2016 // The New Mexico Supreme Court affirmed this week that a private prison operator may be held liable to pay damages to three female inmates who were raped by a guard. The opinion could influence the final outcome of an appeal...
AIA Applauds Mass. Gov. Baker’s Signing of Opioid Abuse Legislation
Mar 16 2016 // The American Insurance Association (AIA) lauded Massachusetts Gov. Charlie Baker for signing comprehensive opioid abuse legislation (H 4046) Monday. Opioids are synthetic versions of opium-derived drugs, many of which were...
Driverless Car Supporters Urge National Laws to Override State, Local
Mar 16 2016 // A patchwork of state laws governing the operation of self-driving cars threatens to stall their development, supporters told lawmakers as U.S. senators began consideration of a national standard for robotic...
Vermont Fines 2 Insurers for Non-Compliance
Mar 15 2016 // Vermont Department of Financial Regulation (DFR) Commissioner Susan L. Donegan announced that Travelers Insurance Co. and Liberty Mutual Insurance Co. have paid Vermont $154,000 in fines and repaid consumers another...
Court Rules ‘Bond King’ Gross Can Pursue $200M Lawsuit Against Allianz’ PIMCO
Mar 15 2016 // Bond manager Bill Gross will be able to pursue his lawsuit to recoup at least $200 million he claims that Pacific Investment Management Co. owes him in the wake of his 2014 ouster from the firm he co-founded. California...
