Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
California Self-Insured Group Defaults
Nov 19 2010 // The Contractors Access Program of California (CAP), a self insured group, has been declared in default due to insufficient funding required for continued operation, California’s Department of Industrial Relations...
Judges’ Mediation of Massey Pollution Case Fails in West Virginia
Nov 18 2010 // A lawyer for the plaintiffs says attempts to settle a long-running water pollution lawsuit against Massey Energy Co. have failed. Two judges on West Virginia’s mass litigation panel have been trying to mediate a...
Washington, Oregon Rank High in Promoting Roadway Safety
Nov 18 2010 // Many states are making progress toward making roads safer, but Oregon and Washington do the best of promoting roadway safety with traffic laws, according to a new report by the Emergency Nurses Association. The report...
Calif. Agent Association Wants to Phase-In New License Requirements
Nov 18 2010 // Insurance Brokers and Agents of the West (IBA West) is working to persuade the California Department of Insurance to phase-in implementation of provisions of a new law (AB 2782) that will require property/casualty...
Tennessee Insurance Department Easily Passes State Audit
Nov 17 2010 // A government audit of the Tennessee Department of Commerce and Insurance (TDCI) has found that the agency has managed to reduce costs and operate efficiently during the economic downturn. In fact, the state...
Louisiana Still Owes Most of Judgement in 1983 Flood
Nov 16 2010 // Bob McBride Jr. was 18 when he pushed a flat-bottomed boat holding his family and neighbors through chest-high water to safety in Tangipahoa Parish. Nearly 30 years later, he and hundreds of others still are waiting for...
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...
