Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Massachusetts Court Rules on ‘Equitable Contribution’ Case
Mar 30 2016 // Massachusetts’ top court ruled this month that a workers’ compensation insurer that has paid benefits under a policy has a right to pursue “equitable contribution” from a second insurer that also...
Hawaii Lawmakers: How Much Pot Is OK While Driving?
Mar 30 2016 // Hawaii lawmakers are asking how much marijuana a driver can safely consume before getting behind the wheel of a car. It’s an issue they want to tackle now that Hawaii is setting up medical marijuana dispensaries, so...
The Future of Commercial Drone Use
Mar 29 2016 // There could be 7 million small drones in the sky by 2020, according to U.S. aviation officials, who believe that as many as 2.7 million of them will be used for commercial purposes. These same officials predict that small...
The Final 2: Bragg, Hager Last Men Standing for Florida Commissioner Job
Mar 25 2016 // For the first time in 13 years, Florida is preparing to appoint a new insurance commissioner. The pool of 55 candidates has been whittled down to just two. Per recommendation of the Florida Cabinet, Jeffrey Bragg and...
State Farm Latest Company to Stop Donating to N.J. Rep. Garrett
Mar 25 2016 // Add the nation’s largest property-casualty insurer to the growing list of financial companies that won’t be donating to U.S. Representative Scott Garrett in the wake of his alleged anti-gay remarks. State Farm...
Judge Grants VW More Time for Diesel Fix
Mar 25 2016 // Volkswagen AG was given four more weeks to reach an agreement with regulators for getting 600,000 diesel vehicles off U.S. roads as it faces hundreds of lawsuits for rigging pollution control systems to cheat emissions...
Florida Beach City Businesses Say Spring Break Laws Hurting Sales
Mar 24 2016 // Businesses in Panama City Beach, Fla., say new laws aimed at cutting down excessive spring break drinking are also hurting sales and forcing layoffs. Bars, restaurants, scooter shops and other businesses say they’re...
Supreme Court Rules for Workers in Class Action Against Tyson
Mar 23 2016 // The U.S. Supreme Court on Tuesday handed a loss to Tyson Foods Inc. over the company’s challenge to an almost $5.8 million class action judgment in a case won by workers at an Iowa pork-processing facility who...
Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk
Mar 21 2016 // If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a rating agency has warned. Cyber attacks pose dangerous risks and uncertainty...
Iowa Lawmakers Say No to Higher Speed Limits
Mar 21 2016 // Efforts to increase speed limits on Iowa freeways and rural roads failed in the Legislature this year amid safety concerns, but officials acknowledged such moves are popular with drivers and likely will come before...
Iowa Egg Farm Wastewater Spill Case Sent to Attorney General
Mar 21 2016 // One of the nation’s largest egg farms, which lost millions of hens in last year’s bird flu outbreak, is defending itself against legal action by the state over a wastewater spill that fouled 18 miles of stream...
D&O Marketplace Continues to See Softening Rates
Mar 21 2016 // The directors and officers (D&O) liability marketplace continues to find softening rates and intense competition especially in excess layers, according to industry executives. The industry is also seeing a continuing...
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...
