Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
No New Rights in Florida’s Homeowners’ Bill of Rights
Jun 23 2014 // Florida’s passage of a homeowners’ claims bill of rights left few satisfied after lawmakers largely codified current law while avoiding controversial issues such as the practice of policyholders assigning their...
North Carolina Debates Mandating Moped Registration
Jun 22 2014 // Moped drivers across North Carolina will have to register their bikes by next summer if a House measure approved last week becomes law, which opponents say would hurt low-income people who have no other means to get...
Pittsburgh Mayor Defending Ride-Sharing Companies
Jun 21 2014 // Pittsburgh Mayor Bill Peduto is defending two ride-sharing companies that the Pennsylvania Public Utility Commission’s Bureau of Investigation and Enforcement has recently threatened with fines and cease-and-desist...
IAG Receives Regulatory Approval for Wesfarmers Underwriting Acquisition
Jun 20 2014 // Insurance Australia Group Limited (IAG) announced that it has received the required regulatory approvals from the Commonwealth Acting Assistant Treasurer for its acquisition of the Wesfarmers insurance underwriting...
New Ohio Drilling Policy May Be Good for Oil & Gas, Insurance Industries
Jun 20 2014 // Ohio in mid-April 2014 enacted stricter regulations for oil and gas drilling near faults or areas of past seismic activity, a move that some, including insurers, may view as a step in the right direction. The Ohio...
Duke Energy Balks at Coal Ash Site Closure Deadline
Jun 19 2014 // Duke Energy is expressing concern about proposed legislation requiring the closure of all of its North Carolina coal ash dumps by 2029, a deadline the company says is about half the time it will need. The bill backed by...
Senate Committee to Take Up Cyber Liability Bill Next Week
Jun 19 2014 // The U.S. Senate Intelligence Committee is expected to consider a bill next week aimed at encouraging companies to exchange information on hacking attempts and cybersecurity threats with the government, senators said this...
Climate Change Bottom-Line Talk Grows, S&P Director Says
Jun 18 2014 // Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a...
North Carolina Bill Would Force Duke to Close Coal Ash Sites Over 15 Years
Jun 18 2014 // A bill backed by key North Carolina lawmakers would require Duke Energy to close all of its coal ash dumps across the state within 15 years, with much of the toxic material going into lined landfills. The Associated Press...
Michigan Bill Limiting Lawsuits Against Insurers Awaits Governor’s Signature
Jun 17 2014 // A bill approved by Michigan Legislature that further limits certain consumer lawsuits against insurance companies under the state’s Consumer Protection Act has been sent to Gov. Rick Snyder for his signature. The...
Florida Private Flood Bill Now Law But Market May Take a While to Develop
Jun 17 2014 // Florida Gov. Rick Scott has signed legislation designed to encourage private insurers to offer flood insurance, but the industry is tamping down expectations that it will result in a viable market in the near future. The...
West Virginia Motorists, Bicyclists Learning to Share Space
Jun 16 2014 // Local cyclists seem to generally approve of new traffic laws in West Virginia to protect them, though many say the increasing number of riders on city streets already has created something of a truce with motorists. The...
Florida Judge Approves Deal for Heritage to Assume Sunshine State Policies
Jun 16 2014 // A Florida judge has signed-off on a plan by regulators to allow a failed Florida property insurer’s policyholders to be assumed by another company, although policyholders will retain the option to seek coverage...
Florida Gov. Scott Signs Flood Insurance, Credit Claims, Parasailing Bills
Jun 16 2014 // Florida Gov. Rick Scott signed into law on Friday dozens of measures covering everything from flood insurance, electronic cigarettes and parasailing. The Republican governor, who has been holding re-election campaign...
Judge Sets May 2015 Date for BP Investors’ Suit Over Oil Spill
Jun 16 2014 // A U.S. judge set a May 2015 trial date on Friday for BP Plc to face claims in a lawsuit accusing the company of misleading investors about the severity of the 2010 Gulf of Mexico oil spill. U.S. District Judge Keith...
West Virginia Storage Tank Rules Make Some Fear Citizen Lawsuits
Jun 16 2014 // Industry groups are jittery that if state regulators require the wrong type of permit, companies could be subject to citizen lawsuits under a new environmental law that regulates storage tanks. State regulators disagree,...
Best to Endorse Selected Ratings outside EU for Regulatory Use
Jun 16 2014 // A.M. Best Europe – Rating Services Limited (AMBERS) has confirmed that it has notified the European Securities and Markets Authority (ESMA) that, effective immediately, “AMBERS intends to endorse selected...
N.H. Gov. Hassan to Appoint Workers’ Comp Task Force
Jun 16 2014 // N.H. Gov. Maggie HassanN.H. Gov. Maggie Hassan announced on May 22 that she plans to appoint a task force “of workers, businesses, insurers and members of the health care community” to make recommendations to...
Ohio Requires Seismic Monitors in New Drilling Operations
Jun 16 2014 // The New Policy May Be Good for Drillers and Insurers, Alike Ohio in mid-April 2014 enacted stricter regulations for oil and gas drilling near faults or areas of past seismic activity, a move that some, including insurers,...
Illinois Passes Rideshare Legislation with Insurance Component
Jun 16 2014 // The Illinois Legislature has passed legislation that provides for regulating transportation networking companies (TNCs) and closing insurance gaps, according to the Property Casualty Insurers Association of America...
