Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Judge tosses student injury lawsuit against University of Idaho
Aug 15 2012 // A state judge has dismissed a lawsuit filed against the University of Idaho by a student who fell from a fraternity house window in 2009. The Lewiston Tribune reported that 2nd District Judge Michael Griffin tossed the...
Standard Chartered Reaches $340 Million Settlement in New York over Iran
Aug 15 2012 // Standard Chartered Plc agreed to pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal that helped push up the emerging market-focused lender’s shares. The...
Florida Regulators Question Castle Key Rate Increases
Aug 14 2012 // Florida regulators are questioning the increases sought by two property insurers that could raise rates on some homeowners by more than 40 percent, even as they reduce their number of policies. Castle Key Insurance Co., is...
NAIC CEO Vaughan to Step Down in 2013
Aug 13 2012 // Dr. Therese M. (Terri) Vaughan announced she will step down as chief executive officer of the organization of state insurance regulators, the National Association of Insurance Commissioners (NAIC), during the first quarter...
Florida Gov. Scott Reappoints 7 Workers’ Compensation Judges
Aug 13 2012 // Florida Governor Rick Scott has reappointed seven judges on the state’s court that handles workers’ compensation claims. Judge W. James Condry II, 54, of Orlando, has been a judge of Compensation Claims for the...
Connecticut Says Tougher Teen Driving Laws Showing Positive Results
Aug 10 2012 // This month, Connecticut is observing the four-year anniversary of the state’s adoption of tougher teen driving laws. And officials say the measures continue to put in check teen driver deaths. A series of...
California Judge Rejects Changes to Prop 33 Ballot Label
Aug 10 2012 // Sacramento Superior Court Judge Timothy Frawley has rejected in full arguments in a lawsuit by the insurance industry backers of California’s Proposition 33 and upheld the Attorney General’s Ballot Label as...
Washington Explores Insurance, Other Protection for Futures Customers
Aug 10 2012 // U.S. regulators and futures industry players said on Thursday that there is no perfect solution to safeguard customer money in the wake of two major brokerage scandals, but added that policymakers should move quickly on...
New York Enacts Law Allowing Gifts Worth Up to $25 From Producers
Aug 9 2012 // New York State Gov. Andrew Cuomo signed a bill this month that allows property/casualty insurers, brokers and agents to give gifts worth up to $25 to insureds or prospective clients during the insurance sales process. The...
U.S. Judge Puts New Lawsuits Against Banks Over Libor on Hold
Aug 9 2012 // A federal judge on Wednesday suspended several new lawsuits that allege banks rigged key interest rates, saying she first needed to sort through the issues in an earlier round of related lawsuits. U.S. District Judge Naomi...
North Carolina Court Rules Wounded Passenger Can Sue Police
Aug 9 2012 // A North Carolina appeals court said a car passenger wounded during a police chase on Asheville roads five years ago can continue to seek damages against officers involved in the pursuit but not the city’s now-retired...
Indiana Fair Victims Settlement Clause Designed to Shield State
Aug 9 2012 // Indiana lawmakers presented their decision to offer an additional $6 million to victims of a deadly stage collapse at last year’s state fair as a way to help those who weren’t adequately compensated by its...
U.S. Regulators Angered By N.Y. Action Against StanChart
Aug 8 2012 // The U.S. Treasury Department and Federal Reserve were blindsided and angered by New York’s banking regulator’s decision to launch an explosive attack on Standard Chartered Plc over $250 billion in alleged money...
Kentucky Judge to Review Christians-Only Health Plan Case
Aug 8 2012 // A judge will consider whether a Christians-only health care plan should be held in contempt of court more than a year after the Kentucky Supreme Court subjected it to stricter regulations that could have meant its demise...
Calif.’s 9th Circuit Hands Former NFL Player Worker’s Comp Loss
Aug 7 2012 // Retired National Football League offensive lineman Bruce Matthews’ attempt to collect workers’ compensation benefits in California was slapped down by the 9th Circuit Court of Appeal, which ruled he failed to...
Florida Officials, Insurers Urge Caution Over PIP Savings Report
Aug 7 2012 // A preliminary report on the impact of Florida’s no-fault auto insurance law suggesting it could result in savings between 12 percent and 20 percent on a portion of drivers’ premiums is presenting as many...
UK Bank May Have Hidden $250 Billion in Iran Deals; May Lose U.S. License
Aug 7 2012 // New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a “rogue institution” that hid $250 billion in transactions tied to Iran,...
Florida Regulators Question Auto Insurance Savings
Aug 6 2012 // Florida regulators are warning that a preliminary report estimating a new law will cut no-fault auto insurance premiums by 12 percent to 20 percent may be misleading and overly optimistic. The Office of Insurance...
DWI Legislation Among New Laws Passed in Louisiana
Aug 6 2012 // Louisiana lawmakers passed a number of laws in the 2012 legislative session that address drunk driving. Following are some of the new laws that target DWIs: SB 306 (ACT 547): Addressed the computation of time for the...
Auto Insurers’ Use of Credit Data
Aug 6 2012 // There is an effort now underway in Washington, D.C., to eliminate the use of consumer credit information by auto insurance companies. Three lawmakers are leading that effort in Congress. On July 13, Reps. Hansen Clarke...
