Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Alliant Issues New Report on Insurable Risks in 175 Countries
Mar 21 2011 // The Markets Group of Alliant Insurance Services has compiled a comprehensive report – the 2011 Global Macro Risk Ratings – which examines the the insurable political and economic risks in 175 countries. Alliant...
Utah Legislature Approves Legislation Restricting Accident Response Fees
Mar 21 2011 // Taking a proactive stance against “crash taxes,” Utah legislators have approved a measure to restrict emergency response organizations such as fire and police from charging fees to motorist or insurers for...
California to Extend Low-Cost Auto Program to Same Sex Spouses
Mar 21 2011 // California Insurance Commissioner Dave Jones has filed regulations to add the category of “spouse” to the application form for the state’s Low Cost Auto Insurance Program. “The definition of...
Georgia Court Rules CGL Covers Contractor’s Faulty Work
Mar 21 2011 // A general contractor can recover from its subcontractor’s insurers for the cost of repairs for damage to surrounding property resulting from the subcontractor’s faulty workmanship, the Georgia Supreme Court has...
Florida Lawmakers Aim to Shrink State Insurer Citizens
Mar 21 2011 // Florida lawmakers are looking to cut the state’s largest property insurer down in size. The plan is to reduce the number of properties insured by Citizens Property Insurance Corp. by raising its rates and stopping it...
Ex-AIG CEO Greenberg: Judge in New York AG Case Biased
Mar 21 2011 // Maurice “Hank” Greenberg, the former American International Group Inc. chief executive, said the judge overseeing a New York attorney general lawsuit against him should be removed from the case because he is...
Pennsylvania Ponders Election for Insurance Commissioner
Mar 21 2011 // A bill that would make the Pennsylvania insurance commissioner an elected position has been introduced in the state’s House of Representatives. Legislation sponsored by Rep Neal Goodman, a Democrat from Mahanoy City,...
McRaith to Lead New Federal Insurance Office
Mar 18 2011 // The Obama administration has named Illinois state insurance regulator Michael McRaith to head the new Federal Insurance Office. McRaith, currently the head of the Illinois Department of Insurance, will run the Federal...
Calif. Senators Introduce National Earthquake Legislation
Mar 18 2011 // U.S. Senators Dianne Feinstein and Barbara Boxer, both D-Calif., have introduced legislation to lower the cost of earthquake insurance for Californians and individuals who purchase coverage from a non-profit, state-run...
FERMA Calls for Withdrawal of New Brazilian Reinsurance Regulations
Mar 18 2011 // The Federation of European Risk Management Associations (FERMA) has called on the Brazilian government to withdraw two new reinsurance regulations due to enter into force on March 31st, “because they threaten to...
Florida Senate Moves to Curb Liability Suits Against Car Makers
Mar 17 2011 // The Florida Senate has approved a bill that would change the apportionment of damages in product liability cases so that a judge or jury must consider the fault of all parties. The bill is designed to shield or limit the...
Missouri Senate Endorses Workers’ Comp Changes
Mar 17 2011 // Missouri senators have given first-round approval to legislation that restricts employees from suing co-workers over injuries incurred on the job. The legislation also expressly states that occupational diseases, such as...
Kentucky to Penalize Lawyers Who Solicit Auto Accident Victims
Mar 16 2011 // Nearing the close of its regular legislative session, Kentucky lawmakers enacted bills designed to crack down on fraudulent auto personal insurance claims and bring the state in line with new federal tax requirements for...
Oklahoma Lawmaker Wants Study of Possible Dual Workers’ Comp Systems
Mar 16 2011 // Oklahoma State Rep. Joe Dorman wants to study an idea brought to him by a constituent that the lawmaker said could lead to significant workers’ compensation reform and help boost business growth and economic...
Best Report Notes Growth in Panama Insurance Market
Mar 16 2011 // A new report from A.M. Best notes that Panama’s insurance market is the largest in Central America, and is expected to continue to produce significant premium growth in the next few years. Best noted that the...
Bills Filed in Texas Would Create ‘Loser Pays’ Tort System
Mar 15 2011 // Legislation filed in Texas would create a “loser pays” legal system that Texas Gov. Rick Perry says would provide stronger protections against frivolous lawsuits. House Bill 274 and Senate Bill 13, sponsored by...
No-Fault Claims Top New York Insurance Fraud List
Mar 15 2011 // Almost nine in 10 suspected health care fraud cases in New York last year came from no-fault auto injury claims, a cottage industry so rife with abuse that the state Insurance Department wants to tighten...
Republicans Target Dodd-Frank Reforms, Rating Firms’ Liability
Mar 15 2011 // Congressional Republicans on Wednesday will stage their first outright challenge to 2010’s Dodd-Frank financial regulation reforms with a fistful of bills favoring private equity firms, derivatives end-users and...
FEMA Shifts Course on Flood Map Modeling in Illinois
Mar 14 2011 // The Federal Emergency Management Agency is offering a reprieve to property owners in southwestern Illinois and other areas guarded by aging levees that it had considered decertifying, staving off fears that some could have...
Utah Legislature Approves Legislation Restricting Accident Response Fees
Mar 11 2011 // Taking a proactive stance against “crash taxes,” Utah legislators have approving a measure to restrict emergency response organizations such as fire and police from charging fees to motorist or insurers for...
