Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Safety Rules Limited for Small Fertilizer Plants
Apr 23 2013 // There were no sprinklers. No firewalls. No water deluge systems. Safety inspections were rare at the fertilizer company in West, Texas, that exploded and killed at least 14 people this week. This is not unusual. Small...
Directors, Officers Face Increased Scrutiny: Willis/Allen & Overy Survey
Apr 23 2013 // “The threat of regulatory investigations and enquiries, criminal penalties, along with anti-corruption legislation, are among the top concerns for directors and officers,” according to a new survey conducted by...
Police Look to Expand Connecticut Workers’ Comp Law
Apr 22 2013 // The police union that represents the officers who responded to the Sandy Hook Elementary School shooting is still hoping to change Connecticut’s law and extend workers’ compensation benefits to first responders...
Florida’s Latest PIP Conundrum: Medical Fees
Apr 22 2013 // Florida’s high court is poised to decide how much money insurers owe some medical providers in cases where an auto policy does not specifically state that the fees will be based on a fee schedule approved by state...
W.R. Berkley Corp. Divests, Connecticut Bank Acquires InsurBanc
Apr 22 2013 // InsurBanc, a federal savings bank founded by the Independent Insurance Agents & Brokers of America and W.R. Berkley Corp. a dozen years ago, has joined Connecticut Community Bank N.A., based in Westport, Conn. In the...
Armed and Growing
Apr 22 2013 // Guns are big business. Just ask some insurance brokers. According to a report on InsuranceJournal.com, proposals to change state and federal gun laws is having an unintended effect on the gun insurance market –...
Panelists Named To Select New Mexico Insurance Regulator
Apr 21 2013 // Health care and insurance industry officials and a state legislator were named by Gov. Susana Martinez to a panel that will select New Mexico’s newly independent insurance regulator. A nine-member committee will name...
Colorado Lawmakers Consider Worker Discrimination Claims
Apr 19 2013 // A proposal to increase legal remedies for employee discrimination at small businesses in Colorado got initial approval by House Democrats on Wednesday, drawing strong opposition from Republicans who argue it will hurt...
U.S., UK Want Financial Services Included as Part of Trade Pact
Apr 19 2013 // The United States and the UK aim to include financial services in a proposed free-trade agreement between Washington and the 27-nation European Union, the British Ambassador to the United States said on Thursday. The...
Florida Hurricane Cat Fund Reform in Jeopardy
Apr 19 2013 // Plans to reform Florida’s state-backed reinsurance facility with proponents scaling back their proposals. The Florida Hurricane Catastrophe Fund has been the subject of legislative reform efforts for several years as...
Michigan Governor Unveils Auto Insurance Plan
Apr 18 2013 // Michigan Gov. Rick Snyder and Republican lawmakers have unveiled a proposal to end unlimited lifetime coverage for medical expenses tied to auto accidents. Drivers now pay $175 per car per year to cover catastrophic...
Missouri Senate Backs $15M of Aid After Joplin Tornado
Apr 18 2013 // Missouri senators have backed a plan that could provide $15 million to Joplin to rebuild street curbs and gutters damaged as a result of a deadly 2011 tornado. The legislation given initial approval would create a disaster...
House Passes Cybersecurity Bill Despite Veto Threat
Apr 18 2013 // The House of Representatives passed legislation on Thursday designed to help companies and the government share information on cyber threats, though concerns linger about the amount of protection the bill offers for...
Survey: Michigan Voters Support No-Fault Reform
Apr 18 2013 // According to a recent statewide poll commissioned by the Coalition for Auto Insurance Reform (CAIR), an overwhelming number of Michigan voters believe their auto insurance premiums are too high and support no-fault reform...
Washington Governor Announces Bill To Address Drunken Driving
Apr 18 2013 // Gov. Jay Inslee and a bipartisan group of lawmakers unveiled a plan that would make changes to the state’s impaired driving laws, including requiring an arrest on the first offense and mandatory jail time if...
North Carolina Auto Insurance Rating Bill Dies in Committee
Apr 18 2013 // Legislation to overhaul North Carolina’s automobile insurance system was rejected Tuesday by a House committee after Insurance Commissioner Wayne Goodwin and other speakers argued it would raise premiums for...
Sources Say China Revamps Anti-Money Laundering Rules for Banks Insurers
Apr 18 2013 // Chinese banks must rate their clients’ risk of criminal conduct on a scale of 1-5 as part of the central bank’s moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of...
Risk Retention Association Hails Court Ruling in Nevada Battle
Apr 17 2013 // In a decision the National Risk Retention Association says will help clear any future hurdles faced by risk retention groups in other states, the Ninth Circuit Court of Appeals affirmed a District Court ruling that the...
Judge Chides Army Corps over New Orleans Levees
Apr 17 2013 // The Army Corps of Engineers built a “tragically flawed” levee system for New Orleans – but isn’t liable for claims that excavation work by a government contractor weakened a floodwall and caused it...
Iowa Lawmakers Say State Could Pay for Flooded Homes
Apr 17 2013 // Some lawmakers say a bill recently passed by the Legislature could leave taxpayers vulnerable if future flooding damages homes surrounding a lake in eastern Iowa. The measure exempts Lake Delhi along the Maquoketa River...
