Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Judge Limits D.C. Metro’s Potential Liability in Suit over Fatal Crash
Nov 14 2010 // A federal judge has limited the D.C. Metro’s potential liability in a suit brought by survivors of those killed in the 2009 crash on the red line by ruling that the transit agency can’t be faulted under federal...
Reporting Firms Face Risks as U.S. Cracks Down on Medicare, Medicaid Costs
Nov 14 2010 // New Insurance Products Cover Risks Created by New Laws and Regulations The federal government’s crackdown on fraud and errors in Medicare and Medicaid is raising liability issues for firms that specialize in managing...
Crist-Crossed
Nov 14 2010 // It’s a new day in several state houses in the Southeast, which has been red for years but went even redder as it got caught up in the Republican tide that swept the nation. Voters elected new Republican governors in...
California Approves Amendments to Privacy Regulations
Nov 14 2010 // In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy...
Lloyd’s New Director of North America, McGovern, Navigates Turbulent Waters
Nov 14 2010 // Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have...
Business Risk Partners Offers Distressed Banks Coverage
Nov 11 2010 // For banks under regulatory oversight, Business Risk Partners (BRP) is now offering professional and management liability protections for distressed community banks, including hard-to-find Regulatory Defense Cover for...
Judge Extends Deadline for Ill 9/11 Responders
Nov 11 2010 // A federal judge has given thousands of 9/11 rescue and recovery workers more time to join a legal settlement that would pay millions of dollars to people sickened by dust from the World Trade Center, if enough of them...
Judge Limits D.C. Metro’s Liability in Fatal Crash
Nov 10 2010 // A judge has limited the potential liability of the public transit agency in the District of Columbia in a suit brought by survivors of those killed in the 2009 crash on the Metro red line by ruling that the transit agency...
Florida Attracts 3 More Reinsurers Under Lower Collateral Rule
Nov 9 2010 // Florida insurance officials have agreed that three Bermuda-based reinsurers can participate in Florida’s insurance marketplace without having to post millions of dollars in extra collateral. The Office of Insurance...
Ireland Unveils New, Tougher Regulations for Banks and Insurers
Nov 9 2010 // Ireland unveiled a new corporate governance code for banks and insurers on Monday to bring ‘fresh blood’ into boardrooms and prevent a repeat of the excessive risk-taking that precipitated the country’s...
California Approves Amendments to Privacy Regulations
Nov 8 2010 // In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy...
Judge Dismisses ‘Mommy Track’ Lawsuit Against Goldman Sachs
Nov 5 2010 // Goldman Sachs Group Inc. no longer faces a bias lawsuit by a former vice president who said the Wall Street bank put her on a “mommy track” and fired her while she was on maternity leave. Judge Robert Patterson...
ABI Comments on Report on Lawyers Professional Liability Coverage
Nov 2 2010 // The Association of British Insurers has welcomed the publication of an independent report on the need for changes to the solicitors’ (attorneys’*) professional indemnity insurance market. The ABI noted that the...
Reducing E&O Exposures: What Agents Need to Know
Nov 1 2010 // Data Breach, Privacy Claims and Certificates of Insurance Costly Exposures for Agents Insurance agents who fail to keep up with ever-changing legislation, regulations, policies and forms are opening themselves up to costly...
Biglari Holdings Again Seeks to Take Over Fremont Michigan InsuraCorp
Nov 1 2010 // Texas-based Biglari Holdings, which runs Steak n Shake and other restaurants, is making another bid for the Michigan property/casualty insurer, Fremont Michigan InsuraCorp. Inc. The San Antonio holding company has proposed...
Casino’s Barge Not Liable for Mississippi Marina’s Damage During Katrina
Nov 1 2010 // The owners of a Biloxi marina damaged by a casino-owned barge that came loose during Hurricane Katrina are considering an appeal of a Mississippi court ruling that the casino is not liable for the destruction. The state...
Gulf Region Property Markets Still Troubled 5 Years After Katrina
Nov 1 2010 // Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance,...
Remember Orlando
Nov 1 2010 // What do you get when you corral Florida property insurance executives and policymakers in a room for an afternoon away from the TV cameras and pundits? The answer is: consensus. Consensus on how to move the Florida...
Where Georgia’s Insurance Commissioner Candidates Stand
Nov 1 2010 // Hudgens, Squires and Bruce on Credit Scoring, Tort Reform, Role of Independent Agents and State Regulation Georgia voters going to the polls on Nov. 2 will have a real choice when it comes to electing the state’s...
Reducing E&O Exposures: What Agents Need to Know
Nov 1 2010 // Data Breach, Privacy Claims and Certificates of Insurance Costly Exposures for Agents Insurance agents who fail to keep up with ever-changing legislation, regulations, policies and forms are opening themselves up to costly...
