Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview
May 19 2014 // Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright...
R.I. Approves WC Advisory Loss Costs Increase of 2.5% for Industrial Classes
May 19 2014 // Rhode Island’s Department of Business Regulation, Insurance Division, on May 15 approved a +2.5 percent overall increase in advisory loss costs for workers’ compensation for industrial classes and an overall...
Saints-Backed Bill Draws Warning Flag From Players Association
May 19 2014 // The NFL Players Association is asking player agents to warn clients that signing with the New Orleans Saints could subject them to unfavorable workers’ compensation benefits. In an email Friday, NFLPA chief DeMaurice...
Delaware Lawmakers Eye Proposals to Lower Workers’ Comp Medical Costs
May 19 2014 // Delaware lawmakers are expected to act quickly on recommendations from a state task force aimed at lowering workers’ compensation insurance rates. The task force presented lawmakers a report on May 15 proposing that...
U.S. Report: Climate Change Here, Deal With It
May 19 2014 // Climate change is in the here and now, according to a massive report issued earlier this month. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the...
Illinois Senate Passes Ride Share Legislation
May 16 2014 // The Illinois Senate this week passed legislation requiring app-based ridesharing companies’ primary insurance be in affect the entire time the app is turned on. House Bill 4075 passed 46 to 8 and establishes...
Judge Grants Dow Jones Injunction Against ‘Hot News’ User of Its Content
May 16 2014 // Dow Jones & Co has won a court order to stop the London-based service Ransquawk from broadcasting its news content within seconds of publication, without permission, to traders and other subscribers. It is unclear how...
Some N.J. Lawmakers Question Transparency of Sandy Recovery Programs
May 15 2014 // Some New Jersey lawmakers used a hearing Monday to complain that Gov. Chris Christie is not living up to his promise of transparency when it comes to rebuilding after Superstorm Sandy. The Assembly State and Local...
Conn. Gov.: When It Comes to Insurance Regulation, States Are Here to Stay
May 14 2014 // Speaking at the National Association of Insurance Commissioners’ International Insurance Forum, Connecticut Gov. Dannel P. Malloy told a crowd of U.S. and international regulators and insurance representatives that...
Sprinkler Clause Adds Wrinkle To Minnesota Bonding Debate
May 14 2014 // When it comes to the $846 million construction borrowing package being debated at Minnesota’s Capitol, many wonder if it’s it too big to fail. Or in the case of Gov. Mark Dayton, is too big to veto? Dayton...
Judge Strikes Down N.Y. Attorney General’s Subpoena for Airbnb User Data
May 14 2014 // New York’s investigation into whether Airbnb Inc. allows users to run illegal hotels hit a setback when a judge ruled that a request for information about the service’s rental home providers was too...
Players Association Lambasts New Orleans Saints-Backed Workers’ Comp Bill
May 12 2014 // The NFL Players Association is launching a campaign aimed at defeating the New Orleans Saints’ bid to change state law pertaining to workers’ compensation claims by players. NFLPA executive director DeMaurice...
Bill Would Give Tax Relief to Small, Rural P/C Insurers
May 12 2014 // About 600 small mutual property/casualty insurers serving rural communities would get a tax break under federal legislation filed last week in Congress. Introduced by Reps. Erik Paulsen, R-Minn., Ron Kind, D- Wis., and...
Republicans Fear U.S. ‘Surrender’ to International Group on Systemic Risk Designations
May 12 2014 // A group of Republican lawmakers demanded documents on Friday from U.S. regulators, voicing concerns that decisions about whether to designate large financial companies as systemically risky are unduly influenced by an...
CME, SIX to Provide Collateral Management Services to Swiss Insurers
May 12 2014 // CME Group Inc.’s European clearinghouse and SIX Group’s central-securities depository have agreed to offer an integrated collateral-management service to insurance companies operating in Switzerland. Once the...
Critics Say Financial Stability Council’s Transparency Falls Short
May 8 2014 // The U.S. financial risk council adopted new transparency measures on Wednesday, after critics raised concerns the group was too secretive about its decision-making process. In a unanimous vote, the Financial Stability...
U.S. Report: Climate Change Here, Deal With It
May 6 2014 // Climate change is in the here and now, according to a massive report issued on Tuesday. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for...
Louisiana Lawmakers at Odds on Gender Pay Gap
May 6 2014 // Democrats in Louisiana want to make unintentional pay discrimination based on gender illegal for private businesses, a move they believe will help bridge the wage gap. Republicans think the move is unnecessary and will...
West Virginia Judge Allows City’s Chemical Spill Investigation to Continue
May 5 2014 // A Putnam County judge has ordered a Hurricane landfill where wastewater from a Charleston chemical spill was dumped to produce documents sought by the city of Hurricane in its investigation. Circuit Judge Phillip Stowers...
Florida Supreme Court Leaves PIP Reforms Intact
May 5 2014 // The Florida Supreme Court has declined to review the state’s no-fault automobile insurance personal injury protection (PIP) reforms that were designed to lower the cost of the coverage by targeting fraud and...
