Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Court Decision May Impact Workers’ Comp Side Agreements in California
Aug 17 2015 // A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar. Zurich...
Florida to Conduct Public Hearing on Citizens’ Proposed Rate Changes
Aug 14 2015 // The Florida Office of Insurance Regulation announced that it will conduct a public hearing later this month to discuss Citizens Property Insurance Corporation’s proposed 2016 rate changes for its business in the...
U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash
Aug 14 2015 // Federal safety officials who reviewed a highway crash in New Jersey that badly injured comedian Tracy Morgan and killed a friend were sharply critical of the emergency response to it and are urging the state to establish...
European Captives More Focused on Risk Mgmt., Investments: A.M. Best
Aug 14 2015 // A.M. Best has released a new study -“European Captives Increase Focus on Risk Management and Investments Ahead of Solvency II -” which concludes that “many European captives have embraced Solvency...
Zurich Upgrades Coverage for Asset Managers as Regulatory Risk Grows
Aug 13 2015 // Zurich North America has revised its liability policy for investment advisers, mutual fund and hedge fund managers. Zurich says it has made the changes in response to a rise in regulatory risk fueled by new investigative...
Judge OKs Agreement in Arkansas ExxonMobile Oil Leak Suit
Aug 13 2015 // A federal judge has signed an agreement among the operators of an oil pipeline and state and federal governments to end a lawsuit filed over a pipeline rupture that soiled land and water in central Arkansas in 2013. U.S....
Former Insurance Regulator Bottalico Joins Locke Lord in California
Aug 13 2015 // Alfred W. Bottalico, former deputy commissioner for the financial surveillance branch of the California Department of Insurance, has joined Locke Lord LLP’s global regulatory and transactional insurance practice...
New N.J. Law Emphasizes Traffic Safety to Young Drivers
Aug 12 2015 // Applicants for a New Jersey driver’s license must answer whether they’re aware of the dangers of failing to follow traffic laws under a law signed by New Jersey Acting Gov. Kim Guadagno. Guadagno signed the...
Regulations For Uber, Lyft Clear Another Nevada Hurdle
Aug 12 2015 // Nevada lawmakers gave preliminary approval Monday to regulations for ride-hailing companies such as Uber and Lyft, a move that puts the rules one hurdle away from being final. The 12-member Legislative Commission this week...
Del. Law Aims to Improve Fire Safety, Encourage Home Sprinkler Systems
Aug 11 2015 // Delaware Gov. Jack Markell signed legislation aimed at improving fire safety for homeowners in Delaware. The bill, signed on Aug. 6, requires builders of new single-family and two-family homes to provide buyers a cost...
The Hartford Expands Liability Coverage For Asset Managers
Aug 11 2015 // The Hartford has expanded its management and professional liability insurance for asset management firms of all sizes, offering a blended liability policy with new and extended coverage to address key cyber and regulatory...
Increase in Drones Near Airports Prompts Calls for Tighter Regulation
Aug 10 2015 // A significant increase in close encounters between passenger aircraft and drones is prompting demands from U.S. lawmakers for tighter regulation and enforcement to avoid a fatal collision. Pilots on four airliners spotted...
Attorney: Hail Claims ‘Cottage Industry’ Bad News for Texas
Aug 10 2015 // The rise of rampant claims litigation against property insurers following hailstorms in Texas has created a “cottage industry” that not only threatens the financial health of the state’s property...
Court Decision May Impact Workers’ Comp Side Agreements in California
Aug 7 2015 // A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar. Zurich...
Environmental Groups Concerned Over Renewed Oil Hunt in Florida
Aug 7 2015 // Renewed hunts for oil in sensitive Florida ecosystems have environmental groups raising questions about the state’s regulation of the oil and gas industry. A Miami company, Kanter Real Estate LLC, has submitted a...
Lafayette, Louisiana Officials Mull Insurance, Regulations for Uber
Aug 6 2015 // The Lafayette City-Parish Council is considering new regulations to require Uber and similar companies to do regular background checks on contract drivers, inspect vehicles and carry insurance above and beyond what state...
Nevada’s Draft Rules for Ridesharing Providers Suggest $300K Fee
Aug 6 2015 // Before Uber, Lyft and other so-called transportation network companies can rev up to offer rides in Nevada, a state agency’s draft rules have a few more steps to navigate. The Nevada Transportation Authority this...
Uber Ready to be First App-Based Firm to Apply for Montana License
Aug 6 2015 // Hailing a ride through a smartphone app is closer to becoming a reality in Montana. The Public Service Commission voted unanimously this week to approve rules regarding a new class of license for firms that use apps to...
Senate Leaders Vow September Vote on Cybersecurity Bill
Aug 6 2015 // The U.S. Senate will not vote on a cyber security bill until September, after lawmakers return from a four-week recess and consider the nuclear agreement with Iran, the chamber’s leaders said on Wednesday. Some...
Companies Must Report CEO-to-Worker Pay Ratio Under New SEC Rule
Aug 5 2015 // The U.S. Securities and Exchange Commission approved a rule Wednesday requiring companies to reveal the pay gap between the chief executive officer and their typical worker, handing a new weapon to groups protesting rising...
