Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Lloyd’s Focuses on Brokers, MGA’s, Capital in New Details for ‘Vision 2025’ Plan
Apr 21 2014 // Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied in its “Vision 2025” Plan, which details “how the Corporation will...
Florida Court Finds Law Protects Against Pregnancy Discrimination
Apr 21 2014 // The state’s civil rights laws include the protection of women discriminated against for pregnancy, the Florida Supreme Court ruled Thursday. The opinion finds that the intent of current statute, though not explicitly...
Why Governors Are Concerned Over FIO Report
Apr 21 2014 // On behalf of the National Governors Association, Alabama Gov. Robert Bentley and West Virginia Gov. Earl Ray Tomblin on March 28 wrote Treasury secretary Jacob Lew about Treasury’s Federal Insurance Office (FIO)...
Democrats Seize on Koch Brothers, Republican Opposition to Flood Insurance
Apr 20 2014 // 17 Apr 2014 09:00 Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate...
Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives
Apr 17 2014 // Vermont’s Gov. Peter Shumlin signed new legislation updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. Officials said the new...
Gerhart: U.S. Has a Good Story to Tell at the Global Insurance Symposium
Apr 17 2014 // The state of Iowa on May 20-22, 2014, will host its first ever Global Insurance Symposium, a privately funded event that aims to bring insurance professionals and regulators from around the world together to discuss the...
Louisiana Senators Say ‘No’ to Suit Against Oil Industry
Apr 17 2014 // The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage. Senate Bill 553 by...
San Francisco Considers Ending Ban Renting Homes
Apr 17 2014 // San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper...
Mississippi Withdrawing Lawsuit Over Flood Insurance Rates
Apr 17 2014 // Mississippi’s insurance regulator is withdrawing his lawsuit against the federal government after Congress voted to delay changes to the federal flood insurance program. Mississippi Insurance Commissioner Mike Chaney...
Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability
Apr 17 2014 // The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access to affordable auto insurance. On April 10, the Federal Insurance Office, citing its...
N.Y. Lawmakers Propose Speed Cameras in School Zones in NYC, Long Island
Apr 16 2014 // New York State lawmakers are taking aim at lead-footed drivers in New York City and Long Island with a proposal to authorize hundreds of speed cameras in school zones, a plan touted as a way to protect pedestrians and...
Hawaii License Suit Not Inclined To Be Dismissed By Judge
Apr 15 2014 // A federal judge is not inclined to dismiss a lawsuit alleging Hawaii discriminates against those with limited English skills by making it difficult for them to obtain a driver’s license. U.S. District Judge Susan Oki...
Insurance Industry Welcomes Terrorism Bill But Not Co-Pay Hike
Apr 15 2014 // Insurance industry lobbying groups are hopeful that the bipartisan legislation introduced in the Senate on April 10 to reauthorize the Terrorism Risk Insurance Act, or TRIA, will have a better chance for passage than some...
Rideshare Companies Object to Seattle Regulations
Apr 14 2014 // Rideshare companies Uber and Lyft are leading a campaign to undo new regulations adopted by the Seattle City Council. The rules require them to meet to meet the same safety and insurance requirements as taxi companies....
Ridesharing Bill with Insurance Component OK’d by Illinois House
Apr 14 2014 // Legislation creating rules for unregulated rideshare companies such as Uber, Lyft and Sidecar is moving through the Illinois Legislature. House lawmakers voted to put regulations on commercial ridesharing with an 80-26...
N.Y. Lawmakers Examining Auto Insurance Costs, Rate Factors
Apr 14 2014 // Auto insurers use many factors, including a motorist’s education and occupation, to accurately gauge their risk, industry representatives told state lawmakers on April 10, a week after a consumer advocacy group...
Massachusetts Judge Criticizes AIG in $7M Decision
Apr 14 2014 // A Massachusetts judge has ordered AIG Inc. to pay at least $7 million to a Wellesley, Mass., man injured after he was struck by a bus in a scathing decision that accuses the insurer of hiding evidence and manipulating...
Republicans to Use Burwell HHS Hearings to Question Affordable Care Act
Apr 14 2014 // Republican lawmakers said hearings on Sylvia Mathews Burwell’s nomination as U.S. Health and Human Services secretary provide a fresh opening to raise questions about President Barack Obama’s health-care...
Independent Insurance Agents Find Some Pundits, Politicians in Washington Agree
Apr 13 2014 // News flash: a conservative and a liberal in Washington agree — on quite a few matters, in fact. Before an audience of independent insurance agents last Friday, conservative commentator Tucker Carlson and liberal...
Florida Legislators Look to Expand, Regulate Telemedicine
Apr 11 2014 // The calls may come in the middle of the night and from hospitals more than an hour away. Someone is having a stroke and is en route an emergency room in the Florida Keys, but there aren’t any neurologists on...