Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Lawmakers: Sandy Flood Insurance Concerns Will Be Addressed
Dec 6 2014 // Federal emergency officials are taking new steps to address concerns from homeowners still struggling to rebuild after Superstorm Sandy more than two years ago, New Jersey and New York lawmakers announced on Friday, Dec....
Insurance Included in Rideshare Regulations Passed by Illinois Lawmakers
Dec 5 2014 // The Illinois Legislature has passed legislation regulating drivers in the emerging ridesharing industry. Both the House and Senate approved legislation creating statewide regulations for drivers working for ridesharing...
Legal Battle Over MetLife Systemic Risk Label Looms
Dec 5 2014 // U.S. regulators are close to a final decision to label MetLife Inc. systemically important, two people with knowledge of the matter said, setting up a potential legal battle with the country’s largest life...
Federal Judge Sends Oil Companies Suit Back to New Orleans
Dec 4 2014 // A federal judge has sent a Plaquemines Parish lawsuit against 19 oil and gas companies back to New Orleans court for trial. U.S. District Judge Jay Zainey’s ruling sets the stage for the return of 27 others suits to...
Banks Balk at Easing Dodd-Frank Capital Requirements for Insurers
Dec 3 2014 // After coming together to help Republicans retake Congress, the financial industry is splitting over the best strategy to accomplish its main goal of paring back the Dodd-Frank Act. The rift appeared the day after the...
Utah Takes a Rare Insurance Misstep
Dec 3 2014 // An administrative agency has again found itself at odds with free-market innovation. In this case, Utah’s Department of Insurance has demanded that a popular new web based human resources platform named Zenefits...
Oversized Cargo Haulers Seek Exemption from 30-Minute Break Rule
Dec 3 2014 // Oversized and overweight cargo haulers that can only operate on roadways at certain times of day are seeking an exemption from a new federal trucking regulation requiring drivers to take a 30-minute rest every eight...
Snow Named Chief of New Office of Captive Insurance at Ohio Department
Dec 2 2014 // Following the signing of legislation allowing Ohio businesses to form captive insurance companies, the Ohio Department of Insurance tapped Tracy Snow as chief of its newly established Office of Captive Insurance. Snow has...
Florida Supreme Court Weighs Workers’ Comp Attorney Fee Schedule
Dec 1 2014 // The Florida Supreme Court is considering whether to declare the state’s workers’ compensation attorney fee schedule unconstitutional. The court recently heard oral arguments in a case (Castellanos v. Next Door...
Judge Dismisses Racial Bias Claim by 10 ‘American Idol’ Contestants
Dec 1 2014 // A federal judge on Thursday dismissed a lawsuit by 10 black male contestants on “American Idol” who accused the singing competition show, its producers, sponsors, and the Fox television network of racial...
AIG Bailout Judge Not Intimidated by Government, Wall Street Names
Dec 1 2014 // Hank Greenberg’s legal assault on the U.S. government and the terms imposed in its 2008 bailout of American International Group Inc. brought a parade of financial crisis superstars to a Washington courthouse,...
New Connecticut Law Would Strengthen Skiing Rules
Dec 1 2014 // The first snow on the ground is a reminder that the ski season is getting started in Connecticut. A bill approved by lawmakers and signed by Gov. Dannel P. Malloy earlier this year seeks to strengthen enforcement of...
Utah Lawmaker Working on Ridesharing Regulations
Dec 1 2014 // A Utah lawmaker is working on a bill proposing statewide regulations for ridesharing companies like Uber and Lyft. Some say the smartphone app-based companies should follow the same rules as taxi drivers, including...
High School Concussion Lawsuit Filed by Former Illinois Quarterback
Dec 1 2014 // A former high school quarterback followed in the steps of one-time pro and college players Saturday by suing a sports governing body – in this case the Illinois High School Association – saying it didn’t do...
Willis Lauds UN’s Support for ‘1-in-100’ Natural Disaster Risk Initiative
Dec 1 2014 // Willis Group announced that the “1-in-100” disaster resilience initiative, of which it has been a key architect, has received support from the United Nations. The “1-in-100” is a drive by public and...
A New Year, A New Congress
Dec 1 2014 // Looking ahead to the next Congress, the Dodd-Frank Act faces renewed scrutiny, including the Financial Stability Oversight Council process and the lack of transparency and quantitative analysis before making decisions. As...
Ride, Home-Sharing Regulation Debate Reaches North Carolina
Dec 1 2014 // North Carolina lawmakers heard arguments recently for and against increasing regulation of digital services that allow people to sell car rides through a smartphone app or rent out rooms to travelers. Car services such as...
Removing Barriers to More Private Flood Insurance
Dec 1 2014 // A House Financial Services subcommittee recently held hearing to focus attention on legislation sponsored by two Florida representatives who want to encourage more flood insurance sales by private insurers as an...
California Insurance Department Ready to Review TNC Policies
Dec 1 2014 // California Insurance Commissioner Dave Jones said last month his department is ready to accept insurance company filings to create new commercial coverage or endorsements to personal auto insurance policies that will...
Injured BP Oil Spill Cleanup Workers Must Sue for Payments: Judge
Nov 30 2014 // BP Plc, having pledged billions of dollars for damages caused by the 2010 Gulf of Mexico oil spill, won’t have to make payouts any time soon to more than 95 percent of the workers hurt while cleaning up the mess. If...
