Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Obamacare Woes: Lessons for IAIS
Nov 18 2013 // Global insurance regulators are hopefully paying attention to the fizzling noise coming out of Washington, D.C. It’s the sound of the centerpiece of the President’s signature healthcare law failing to properly...
Florida Rethinking PIP Law After Court Ruling
Nov 18 2013 // Florida lawmakers are taking another look at the future of the state’s no-fault automobile insurance law in light of a circuit court ruling that left open the door to legal challenges. The state’s First...
Colorado Lawmakers Reviewing Flood Response
Nov 18 2013 // Colorado lawmakers are studying responses to September’s catastrophic floods. A legislative panel held its first meeting in November to look at whether there’s a need for legislation to better react to such a...
Oklahoma Superior Court Referee Hears Workers’ Comp Case
Nov 15 2013 // Oklahoma’s new workers’ compensation law violates the state Constitution in several ways and should be struck down, an attorney for two state lawmakers and a firefighter’s organization told a state...
Fitch Ratings: Florida’s PIP Reform Law a ‘Credit Positive’ for P/C Insurers
Nov 15 2013 // New laws designed to reduce loss cost volatility and claims fraud in the Florida no-fault auto insurance system, commonly referred to as PIP, would be a credit positive for property/casualty insurers, according to Fitch...
Google Wins Copyright Scanning Case Against Authors; Judge Finds ‘Fair Use’
Nov 15 2013 // Google Inc. on Thursday won dismissal of a long-running lawsuit by authors who accused the Internet search company of digitally copying millions of books for an online library without permission. U.S. Circuit Judge Denny...
Europe Urged to Retain Climate Leadership As Competitive Advantage
Nov 15 2013 // Europe’s abdication from climate leadership would stunt growth in the region and hand a huge economic advantage to China and the United States as they carve out their share of a multi-billion low-carbon market, a...
Senate Joins House in Passing Compounding Pharmacy Oversight Bill
Nov 14 2013 // The Senate voted Tuesday to advance a bill designed to tighten government oversight of pharmacies that custom-mix prescription drugs, in the wake of last year’s deadly meningitis outbreak tied to contaminated pain...
House Passes Bill Requiring Reporting by Asbestos Victims’ Trusts
Nov 14 2013 // Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought...
European Insurers Welcome Deal on Solvency II Capital Rules
Nov 14 2013 // European insurers breathed a sigh of relief on Thursday that a deal on new capital requirements was less burdensome than initially feared, ending an uncertainty which has been hanging over the sector for many...
European Officials Reach Deal on Solvency II Insurance Rules
Nov 14 2013 // European politicians reached an agreement paving the way for new rules designed to make insurance companies safer after 13 years of wrangling with the industry and regulators. The European Commission, European Parliament...
Protections Sought by Nannies, Other Massachusetts Domestic Workers
Nov 13 2013 // Nannies and other domestic employees in Massaschusetts who say they are often forced to put in long hours without the same legal protections as other workers asked the state lawmakers to approve a bill of rights that would...
California Lawmaker Removed from Committees Amid FBI Probe
Nov 13 2013 // California State Sen. Ron Calderon was stripped of his committee assignments Tuesday amid a federal investigation involving allegations that he accepted money in return for promoting certain bills. The Senate Rules...
Clinton, Democrats Pressure White House to Amend Healthcare Law
Nov 13 2013 // The growing pressure on President Barack Obama to adjust his problem-plagued healthcare law seemed to boil over on Tuesday, as leaders of Obama’s Democratic Party called on him to allow a change in the law so that...
Europe Appears Close to Agreement on Solvency II Insurance Rules
Nov 12 2013 // Europe may be nearing an agreement on rules that aim to make insurance companies safer after 13 years of wrangling between politicians, companies and regulators. Insurers and European Union officials are working out a...
Report Calls for Prior Approval for All States
Nov 12 2013 // Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the...
Food Stamp Gridlock Hurting Chance of Congress Passing Farm, Crop Insurance Bill
Nov 12 2013 // The chances of the U.S. Congress passing a five-year farm bill by year’s end are a little better than 50/50 given the gridlock over food stamps for the poor, a top farm policy expert said on Monday. “There is a...
New UK Financial Watchdogs Face Surge in Staff Turnover: Reuters
Nov 12 2013 // Staff have been quitting Britain’s financial watchdogs at nearly twice the rate since they were split into two bodies this year, data seen by Reuters shows, at a time when experts warn of a regulatory brain drain in...
Judge: New York City Doesn’t Protect Disabled in Emergencies
Nov 11 2013 // A judge cited disabled Superstorm Sandy victims stranded in high-rise towers to illustrate his conclusion that New York City violated laws designed to protect the disabled — about 11 percent of the city’s more...
Judge Dismisses Lawsuit Over Upper Big Branch Mine Setttlement Payouts
Nov 11 2013 // A federal judge has dismissed a lawsuit by relatives of three men killed in the Upper Big Branch mine disaster who claimed that Alpha Natural Resources failed to pay them each $1.5 million as promised under a settlement...
