Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Bank of England to Rule on Risk Models as Insurers Prepare for Solvency II
Jul 10 2015 // The Bank of England will issue its verdict in December on the models insurance companies use to quantify risk and determine capital requirements as the industry prepares for the new European Union rules known as Solvency...
Twitter, Facebook, YouTube Must Report Terrorist Activity: Senate Bill
Jul 9 2015 // Social media operators such as Twitter, Facebook and YouTube would have to notify federal authorities of online “terrorist activity,” according to the text of a bill approved by the U.S. Senate Intelligence...
Ex-Chemical Board Safety Chairman Could Face Probe
Jul 9 2015 // Two House members are seeking a Justice Department investigation of the former head of the federal board that investigates chemical accidents, saying they believe he made multiple false statements while testifying before...
2015 Tennessee Insurance Legislation Wrap-Up
Jul 9 2015 // Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015. Uninsured Motorist, “James Lee Atwood Jr. Law” The James Lee Atwood Jr. Law, named for a driver who was killed by an...
N.Y. Assembly OKs Bill to Expedite Claims Processes After Disasters
Jul 8 2015 // The New York State Assembly recently approved a bill (A04458) that would require insurers to expedite claims investigation and settlement processes after declared disasters and emergencies. Under the legislation, which...
Bike Advocates Applaud Passage of Safety Bill in Maine
Jul 7 2015 // Bike safety advocates are celebrating a new law in Maine that they say will make the roads safer for bikers and pedestrians. Brian Allenby of the Bicycle Coalition of Maine tells the Maine Public Broadcasting Network that...
Safety Experts Warn Smart Car Dashboard Screens Distract Drivers
Jul 7 2015 // When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them. But are they really a good idea? Car companies answer with an...
Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks
Jul 7 2015 // A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and...
N.Y. Legislation Would Mandate Improved Smoke Detectors
Jul 6 2015 // New York lawmakers have passed a bill that would require new smoke detectors contain 10-year non-removable batteries. The bill, which would take effect in 2017, would make it illegal to sell smoke detectors with...
Ohio Court Rules Parents of Firefighter Can Continue With Suit
Jul 6 2015 // An Ohio court says the parents of a firefighter killed seven years ago can sue the maker of an emergency radio and the homeowners growing marijuana in the basement where a fire started. Colerain Township Fire Department...
Montana Court Rules Using Inhalants Can Lead to DUI Charge
Jul 6 2015 // A motorist can be charged and convicted of driving under the influence for being in control of a vehicle after inhaling aerosol propellants, the Montana Supreme Court has ruled. The 5-0 decision in June rejected a Butte...
Summary of 2015 Tennessee Insurance Legislation
Jul 6 2015 // Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015. Public Chapter 152 – Enacts the “Protection of Volunteer-Insured Drivers of the Elderly (PROVIDE) Act.” Grants...
Bill Allowing Uber to Stay in South Carolina Is Officially Law
Jul 6 2015 // Uber is staying in South Carolina. After the transportation network company (TNC) was halted by the state’s Public Service Commission in January and then granted a temporary license through June 30, South Carolina...
North Carolina Lawmakers Approve Insurance Requirement for Mopeds
Jul 6 2015 // Moped owners may have a new item on their to-do lists in 2016 after getting their small-engine bikes registered with the state starting in July. The General Assembly gave its final approval in June to legislation requiring...
Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP
Jul 6 2015 // The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in...
Regulatory Review of Aetna’s Humana Deal Could Affect Other Insurer Deals
Jul 5 2015 // Aetna Inc.’s $37 billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more...
NYC Legislators Seek to Put Limits on Rideshare Vehicles During Study
Jul 2 2015 // Staff and drivers for ride-hailing company Uber gathered outside City Hall on Tuesday, June 30, to protest legislation that would put limits on for-hire vehicles while the city conducts a study on whether the sharp growth...
Bill in California Responds to Cheerleader Lawsuits
Jul 2 2015 // They boost their teams from the sidelines and promote them by appearing in calendars and at fan events, but some sports cheerleaders say they are still not considered team employees and are paid what amounts to less than...
Bill Allowing Uber to Stay in South Carolina is Officially Law
Jul 2 2015 // Uber is staying in South Carolina. After the transportation network company (TNC) was halted by the state’s Public Service Commission in January and then granted a temporary license through June 30, South Carolina...
New Mexico Court Rules Farm, Ranch Laborers Eligible for Workers’ Comp
Jun 30 2015 // The New Mexico Court of Appeals has cleared the way for farm and ranch laborers to receive workers’ compensation benefits. In a ruling issued this week, the court declared unconstitutional a provision in state law...
