Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Florida Senate to Unveil Property Insurance Reforms
Jan 31 2013 // Florida lawmakers are planning next week to release a draft version of a property insurance reform bill. The Senate Banking and Insurance Committee has taken the lead on property insurance reform this year and so far has...
Legislation Would Eliminate a Gun-Related Felony in Oklahoma
Jan 31 2013 // Legislation filed by an Oklahoma state lawmaker would eliminate a felony for law-abiding gun owners. Rep. Paul Wesselhöft has introduced House Bill 1558, which would allow licensed gun owners to board a bus with their...
N.Y. Lawmaker Aims to Clamp Down on Unfair Claim Settlement Practices
Jan 30 2013 // A New York state lawmaker recently introduced a piece of legislation that aims to prevent unfair claim settlement practices during a declared state emergency.N.Y. Assemblywoman Nicole Malliotakis introduced a bill that...
Rural School Officials: Give Texas Teachers Guns
Jan 30 2013 // Superintendents of three small rural school districts that allow some teachers to carry guns told Texas lawmakers on Jan. 28 that the practice provides a critical measure of safety for students in the event of a campus...
FERMA Cites Survey Highlighting Company Neglect of Cyber Risks
Jan 30 2013 // “Many companies still do not devote sufficient attention to cyber risks, despite an increase in frequency, scope, and sophistication – and harsher penalties for lack of regulatory compliance and loss of...
Judge Approves BP Gulf Oil Spill Settlement
Jan 29 2013 // A U.S. judge has accepted an agreement by BP Plc to plead guilty for its role in the Deepwater Horizon disaster and pay $4.0 billion in penalties for the worst offshore oil spill in U.S. history, a court official said on...
ACE USA Expands Privacy Protection with Data Breach Fund Sidecar
Jan 29 2013 // ACE USA has introduced a new option for ACE privacy protection policyholders through enhancements to its data breach team endorsement. The new data breach fund sidecar endorsement eliminates tiered sub-limits and provides...
Judge Freezes Assets of Owners of Meningitis-Linked Pharmacy
Jan 28 2013 // A bankruptcy judge on Monday froze the assets of the owners of the pharmacy linked to a deadly U.S. meningitis outbreak. Orders signed by U.S. Bankruptcy Judge Henry Boroff temporarily restrict the owners of New England...
Judge OKs Dewey & LeBoeuf Plan to Shred Old Client Files
Jan 28 2013 // A judge on Friday, Jan. 25, approved a plan by bankrupt law firm Dewey & LeBoeuf to foot some of the cost of destroying old client files, a bill that could ultimately reach almost $1.4 million. In a written order in...
Florida Too Slow with Obamacare Regulations, Say Democrats
Jan 28 2013 // Florida Democrats expressed frustration with state insurance regulators Friday, accusing them of dragging their feet on drafting policies to comply with the new federal health overhaul. For nearly two years after the...
Liability Law Leaves Wisconsin Man with Little Recourse after Highway Mishap
Jan 28 2013 // A Wisconsin man who was blinded in one eye after a chunk of concrete flew through his windshield last spring isn’t finding many avenues for recourse. That’s because of the state’s “pothole-liability...
Missouri Judge Says Hospital Corp. Owes Foundation $162M
Jan 28 2013 // Hospital Corp. of America, the largest for-profit hospital chain in the United States, has been ordered to pay a charitable foundation $162 million for failing to spend enough money on capital improvements at the Kansas...
California Wholesalers Fret Over Upcoming Legal Decision
Jan 28 2013 // A pending legal battle that could expose wholesalers in California to more lawsuits was the centerpiece of talk at the California Insurance Wholesalers Association conference in San Diego in mid-January. During the...
Citizens’ Travel Expenses Excessive, Audit Finds
Jan 28 2013 // A review by Florida’s chief inspector general contends that employees at the state-created Citizens Property Insurance racked up excessive travel expenses over an eight-month period. Florida Gov. Rick Scott ordered a...
Surplus Lines Regulatory Picture for 2013
Jan 28 2013 // State implementation of the Nonadmitted and Reinsurance Reform Act (NRRA), effective July 21, 2011, proceeded relatively smoothly during 2012, albeit with a few hiccups as industry and regulators navigated the transition...
Cyber Liability: Where to Find Cyber Coverage
Jan 28 2013 // The Buyer’s Guide to the Best Possible Cyber Insurance There are many cyber insurance products available for purchase, and each is somewhat unique. Some products are more comprehensive than others. Some cyber...
Michigan Governor Signs Order Creating New Insurance Department
Jan 28 2013 // Snyder also Supports Auto Insurance Reform; Fraud Prevention In his “State of the State” address in mid-January, Michigan Gov. Rick Synder recognized the importance of the insurance industry in the state,...
Lawmakers Introduce Bills to Address Post-Sandy Concerns
Jan 28 2013 // Legislators in New York and New Jersey have introduced a number of new bills to address some homeowners insurance- related complaints they have been receiving in the wake of Sandy. On Jan. 9, New York legislators have...
In N.J., Opponents File Appeal to Stop New PIP Regulations
Jan 28 2013 // In New Jersey, some medical provider groups and trial lawyers are continuing to mount a legal challenge to new motor vehicle personal injury protection (PIP) regulations. On Jan. 3, New Jersey’s Superior Court denied...
Liability Insurance for Gun Owners?
Jan 28 2013 // As policymakers and legislators around the country continue to examine gun-control ideas, one Massachusetts lawmaker introduced this month what appears to be one of the more novel, out-of-the-box approach: requiring gun...
