Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Florida Judge Finds Home Policy Covers Chinese Drywall
May 16 2011 // A Florida judge has ruled that a homeowners’ policy covers damage from tainted Chinese drywall. Hillsborough County Circuit Judge Robert Foster said he found no exclusion in the Teachers Insurance Co. policy that...
Judge Approves $7M Malpractice Settlement for Massachusetts Couple
May 16 2011 // A Massachusetts judge has approved a $7 million settlement for a Shrewsbury family who claimed medical negligence in the birth of their daughter. The lawsuit filed in 2008 lawsuit against two doctors, a nurse practitioner...
Pennsylvania House OKs Workers’ Comp Changes
May 16 2011 // Pennsylvania House lawmakers have approved new legislation that would allow insurers to write workers’ comp coverage to owners and principals of businesses. Agents in the state had sought the change to correct a...
Kentucky Streamlines Agent Licensing for Veterans
May 16 2011 // Members of the armed services will find it easier to keep or obtain an insurance agent’s license under a new law approved by Kentucky lawmakers. Kentucky Governor Steve Beshear has signed into law HB 301 that...
Florida Lawmakers Approve Property Reform
May 16 2011 // In the closing days of Florida’s legislative session, lawmakers approved a bill that addresses sinkhole claims and a number of other property insurance issues. In addition to redefining sinkhole losses, the measure...
Judge Tosses New York Mets Fan’s Broken-Bat Lawsuit
May 16 2011 // A judge has thrown out a New York Mets fan’s lawsuit against the team and Major League Baseball over a bat that broke and flew into his face in the former Shea Stadium’s stands. A judge dismissed the case...
Florida Deregulates More Commercial Lines
May 16 2011 // Commercial insurers in Florida will have more leeway in setting rates on a number of lines of insurance under a bill approved by state lawmakers. The Florida legislature approved CS/HB 99 that expands the list of...
Stalemate Over Workers’ Comp Stalls Washington Lawmakers
May 16 2011 // Washington state lawmakers grappling over how to fill a projected budget shortfall of $5 billion in a special legislative session may first have to end a stalemate on a more contentious issue: workers’...
House Committee Passes Flood Insurance Extension, Reform Bill
May 13 2011 // As flood waters continued rising along the Mississippi River, a House committee yesterday unanimously approved bipartisan legislation to extend the federal flood insurance program for five years and introduce financial...
Best’s Analysis Concludes Solvency II Will Transform EU Captive Insurers
May 13 2011 // Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance industry is now virtually around the corner. Over the years there has been a...
Missouri Senate Sends Governor New Bill on Farm Lawsuits
May 12 2011 // Responding to objections from Gov. Jay Nixon, Missouri lawmakers passed a revised bill that would restrict the ability of neighboring property owners to bring nuisance lawsuits against large, smelly hog farms. The...
‘Pill Mill’ Doctor Convicted in Ohio of Causing 4 Deaths
May 12 2011 // A Chicago doctor accused of running a pill mill in an Appalachian county where painkillers are a public-health scourge has been convicted in Ohio of causing the death of four patients who overdosed. Dr. Paul Volkman, 64,...
White House to Propose Cybersecurity Legislation
May 12 2011 // White House officials Thursday planned to unveil a major legislative proposal aimed at improving U.S. cybersecurity and protecting the economy, an administration official said. The proposal is the result of two and...
Oversight Council to Take More Time Identifying Systemic Risk Firms
May 12 2011 // The U.S. risk council will give the public more time to comment on the criteria for picking so-called “systemic” financial firms, after lawmakers scolded the new council for being opaque on the process. U.S....
North Carolina Subsidy for Firefighters’ Workers’ Comp in Jeopardy
May 11 2011 // Facing a tight state budget, North Carolina’s lawmakers are reconsidering the state’s financial commitment to a workers’ compensation fund that covers voluntary first responders in local communities. The...
Changes on the Playing Field; P&C Insurers Question Impact of New Regulations
May 11 2011 // The European insurance industry is becoming increasingly aware that the Solvency II regulations, which are scheduled to take effect as of January 1, 2013, will not only impose a different set of rules for the industry, but...
Pennsylvania House OKs Workers’ Comp Changes
May 10 2011 // Pennsylvania House lawmakers have approved new legislation that would allow insurers to write workers’ comp coverage to owners and principals of businesses. Agents in the state had sought the change to correct a...
Florida Approves Property Insurance Reform
May 9 2011 // Homeowners’ insurers in Florida are breathing a sigh of relief after succeeding in a months-long battle to obtain property insurance reforms designed to reduce costs and stabilize the market. After watching state...
Stalemate Over Workers’ Comp Stalls Wash. Lawmakers
May 9 2011 // Washington state lawmakers grappling over how to fill a projected budget shortfall of $5 billion in a special legislative session may first have to end a stalemate on a more contentious issue: workers’...
Apple, Google to Face Lawmakers on Privacy Issues
May 9 2011 // Tech companies such as Apple and Google are hoping the tracks of millions of mobile device users will lead to billions of dollars in revenue. But where they see dollar signs, lawmakers see red flags. The revelation last...
