Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
House Subcommittee Renews Call for Private Flood Insurance
Nov 19 2014 // A House Financial Services subcommittee scheduled a hearing for today to focus attention on encouraging flood insurance sold by private insurers as an alternative to policies sold by the National Flood Insurance Program...
New York DFS Superintendent Lawsky Leaving After $3B in Fines Makes Mark
Nov 19 2014 // When Ocwen Financial Corp. shares soared on the news that regulator Benjamin Lawsky, who’s probing the company, will step down, Bill Miller shrugged. The next head of New York’s Department of Financial Services...
State Regulators Form Cyber Issues Task Force
Nov 19 2014 // The National Association of Insurance Commissioners (NAIC) said it has formed a special task force to help states coordinate efforts related to cyber security and insurance industry data and coverages. NAIC said the task...
Lawmakers Seek Details on Financial Services Firms’ Data Breaches
Nov 19 2014 // Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security...
Players, Families Urge Judge to Reject NFL Concussion Settlement
Nov 19 2014 // Andy Miketa was known as the NFL’s lightest center during his two-year career with the Detroit Lions in the 1950s. At 6-foot-2 and 210 pounds, Miketa used his speed and toughness to stymie defensive linemen who...
Louisiana Court Rulings in Disability Case Go from Bad to Worse for Insurer
Nov 19 2014 // We’ve all had a bad day at the office, but some days are worse than others. It doesn’t get much worse than having a court — two courts in fact — tell you that not only is your position wrong, but it is so...
Georgia Lawmaker Files Medical Marijuana Bill
Nov 18 2014 // A top state lawmaker has filed an early bill that would allow for the limited use of medical cannabis in Georgia. Republican Rep. Allen Peake, who serves as part of the House leadership team, filed the legislation known as...
Safety Board Upholds FAA Regulation of Drones
Nov 18 2014 // The U.S. government’s ability to regulate drones was upheld today by a federal safety board, which overturned a judge’s decision that aviation regulations don’t apply to small unmanned aircraft. The...
Aon Web Tool Aids Contractors Working in Multiple States
Nov 18 2014 // The Construction Services Group of Aon Risk Solutions has a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies. The Construction Risk Portal is a single website that...
West Virginia Court Reinstates Damages Against City for Flooding
Nov 17 2014 // The West Virginia Supreme Court has ordered the restoration of monetary damages to Huntington homeowners hit by flooding in 2011. The high court ruled in an appeal brought by five plaintiffs along Krouts Creek, The...
Florida Gov. Scott Facing Rising Seas, Climate Change Politics
Nov 17 2014 // When Florida Governor Rick Scott won re-election Nov. 4, he triumphed over both his Democratic challenger and California billionaire Thomas Steyer, who spent $20 million painting him as a climate-change denier. Scott, a...
Drone Use Takes Off Despite Safety Concerns, Restrictions
Nov 17 2014 // The government is getting near-daily reports — and sometimes two or three a day — of drones flying near airplanes and helicopters or close to airports without permission, federal and industry officials told The...
5 Tips for Clients to Consider When Buying Cyber Liability
Nov 17 2014 // There’s been a myriad of articles outlining the benefits of cyber liability insurance following the well-publicized data breaches of Target, P.F. Chang’s, JPMorgan Chase, eBay, Home Depot and hundreds of other...
California Insurance Department Ready to Review TNC Policies
Nov 13 2014 // California Insurance Commissioner Dave Jones said today his department is ready to accept insurance company filings to create new commercial coverage or endorsements to personal auto insurance policies that will provide...
Report: Wisconsin Judges Lenient in Sentencing Drunk Drivers
Nov 13 2014 // A Gannett Wisconsin Media review has found some chronic drunken drivers in Wisconsin spend little time behind bars on felony charges due to lenient sentencing. News-Herald Media reports there have been at least a dozen...
Judge Allows Owners to Rebuild ‘Nuisance’ Cottages on Nags Head
Nov 13 2014 // Nags Head homeowners banned from repairing their beachfront property for five years because the town declared them a public nuisance are back at work, getting those homes renovated. The Virginian-Pilot reported that a U.S....
Judge Backs Insurer OneBeacon in Milwaukee Archdiocese Sex Abuse Case
Nov 11 2014 // A federal judge has ruled in favor of an insurance company for the Archdiocese of Milwaukee that challenged whether it was liable for the church’s handling of child sexual abuse cases. U.S. District Judge Rudolph...
ACE Report Urges Risk Managers to Reexamine Capabilities of Insurer Partners
Nov 11 2014 // ACE urged risk managers at multinational European companies to reexamine the capabilities of their global insurance partners as the international regulatory and business environment grows increasingly complex. The...
Judge Rejects BP Attempt to Remove Oil Spill Claims Chief Juneau
Nov 11 2014 // BP Plc lost a bid to remove Patrick Juneau, the claims administrator overseeing payouts for the 2010 Gulf of Mexico spill, according to a New Orleans federal court ruling Monday. Juneau is in charge of the London-based...
Detroit Bankruptcy Exit Plan Cleared by Judge
Nov 9 2014 // A judge cleared Detroit to emerge from bankruptcy on Nov. 7, approving a hard-fought turnaround plan with a fervent plea to the people of this one-time industrial powerhouse to “move past your anger” and help...
