Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Pioneer Offers EU-Compliant Insurance for Alternative Investment Managers
Feb 6 2015 // Pioneer Underwriters* announced the launch of a new EU regulatory compliant product for alternative investment fund managers (AIFMs). This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition...
Lawmaker Proposes Bill Regulating Uber in Georgia
Feb 6 2015 // The chairman of the Georgia House Public Safety and Homeland Security Committee has sponsored a bill to regulate the popular ridesharing service Uber. Republican Rep. Alan Powell of Hartwell said Wednesday that House Bill...
Wyoming Lawmakers Consider Raising State Highway Speed Limits
Feb 5 2015 // State senators have advanced a bill that would increase the speed limit to 70 mph on some Wyoming highways. The Wyoming Tribune Eagle reported the Transportation, Highways and Military Affairs committee advanced the bill...
Nigohosian Returns to Western Agents Group as VP of Regulatory Affairs
Feb 5 2015 // Ken Nigohosian has returned to Western Insurance Agents Association as vice president of regulatory affairs. Nigohosian will work with the association’s legislative and regulatory affairs advisory committee. He had...
Heading a National Ridesharing Outline a Political Gain for Jones?
Feb 4 2015 // A committee of regulators led by California Insurance Commissioner Dave Jones is working on standards on ridesharing that departments of insurance in states across the U.S. can look to as an example. Whether the National...
Trial Over, Judge to Decide Extent of BP’s Penalties for Gulf Oil Spill
Feb 4 2015 // The latest phase of a trial to determine how much BP should pay in Clean Water Act penalties for the 2010 Gulf of Mexico oil spill — which could reach $13.7 billion — ended on Feb. 2, but a decision from the judge is...
Attorneys, Insurers Facing Off over Hail Litigation in Texas
Feb 4 2015 // The vestiges of twin hailstorms that ravaged the south Texas coast in 2012 are now blowing through the halls of the Capitol in Austin. Two of the state’s most-powerful lobbies, the insurance industry and trial...
New Mexico Bill Would Reduce Benefits If Workers Are High
Feb 3 2015 // A New Mexico lawmaker has introduced a bill to reduce workers’ compensation in cases when an employee’s death or injury results from being drunk or high on the job. Republican Rep. Dennis Roch of Logan said...
N.Y., Mass. Adopt Certificates of Insurance Law
Feb 2 2015 // New York and Massachusetts in January became the latest states to enact laws to prohibit improper use of certificates of insurance. On Jan. 28, New York Gov. Andrew Cuomo signed into law a bill (A.9590/S.6545-A) that would...
Penn. Public Utility Commission Gives Uber 2-Year License, Except in Philly
Feb 2 2015 // The Pennsylvania Public Utility Commission has given ride-sharing service Uber a two-year experimental license to operate anywhere in the state except Philadelphia, where it has been operating despite a local ban. The...
Judge Seeks Additional Changes in NFL’s $765M Concussion Settlement
Feb 2 2015 // The National Football League’s $765 million settlement over concussions came up short a second time as a judge said she wants more changes before she’ll approve it. U.S. District Judge Anita Brody in...
Fatal Houston Fender-Bender Shows Shortcomings of Recalls
Feb 2 2015 // By the time Carlos Solis IV laid eyes on the silver Honda Accord in a Texas used-car lot last April, the sedan had changed hands twice, been in at least two crashes and still had a defective air bag that had been recalled...
Uber Probed by U.S. Judge in San Francisco on Driver Employment Status
Feb 2 2015 // A U.S. judge appeared skeptical on Jan. 30 about Uber’s bid for a quick pretrial ruling that its drivers are contractors and not employees, a critical question facing Silicon Valley’s sharing economy. App-based...
Cayman Enacts Regulations Affecting Portfolio Insurance Companies
Feb 2 2015 // The Cayman Islands passed new insurance regulations on January 16, which affect portfolio insurance companies (PIC). These regulations are designed to provide more risk management alternatives for insurers incorporated as...
California Judge Questions Lyft’s Refusal to Pay Drivers as Employees
Jan 30 2015 // Lyft Inc.’s practice of treating drivers as independent contractors was questioned by a federal judge who said that under California law they may be considered employees who would qualify for minimum wage and other...
Arkansas Senate Votes to Continue ‘Private Option’ for Healthcare Insurance
Jan 30 2015 // The Arkansas Senate voted to continue the state’s compromise Medicaid expansion another year and create a task force to look at alternatives for the hundreds of thousands of people receiving coverage through the...
Democrats File Bill to Create U.S. Food Safety Agency
Jan 30 2015 // U.S. lawmakers proposed a bill this week that would create a single food safety agency by bringing together the oversight functions of the Food and Drug Administration, U.S. Department of Agriculture and other...
Local Regulations Prompt Uber to Stop Service in Alabama City
Jan 30 2015 // The ridesharing service Uber has left Auburn, Ala. in its rearview mirror. The Opelika-Auburn News reported that the popular service that lets users book rides using a mobile app sent emails to drivers and customers last...
Roadway Bicycle Safety Bill Stalls in South Dakota House
Jan 30 2015 // State lawmakers want to make bicycling safer in South Dakota, but they’re having trouble figuring out how exactly to do it. The House Transportation Committee on Jan. 27 for the second time was unable to reach a...
Deloitte Insurance Report Keys in on Climate Change
Jan 29 2015 // The potential impact of climate change on the insurance industry was important enough for consulting giant Deloitte Touche Tohmatsu Ltd. to include the topic as a significant part of its recent 2015 Property and Casualty...
