Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
U.S. Senate Bank Reform Fight Turns to Consumers, Fed
May 6 2010 // The U.S. Senate’s debate on Wall Street reform shifted Thursday to a running battle over consumer protection and an impending challenge to Federal Reserve secrecy, with small banks also scoring a win. In the second...
Louisiana Lawmakers Shelve Bill on Saints’ Workers’ Comp Issue
May 5 2010 // The Louisiana Legislature won’t be meddling any further this session in a workers’ compensation dispute between NFL players and the New Orleans Saints. The Saints had been pushing a bill to lessen its...
Democrats Garner More Votes in U.S. Senate for Financial Reform Bill
May 5 2010 // Democrats fought to push their Wall Street reform forward in the U.S. Senate on Wednesday, slating more votes despite Republican resistance on a bill that is expected to pass within weeks. The chief negotiators for both...
Judge: Brown University Rape-Accusation Suit Can Proceed
May 5 2010 // A student who says he was falsely accused of rape by a Brown University classmate can move forward with his lawsuit against the Ivy League school, a federal judge ruled. William McCormick III filed a federal lawsuit that...
Connecticut Lawmakers Pass Temporary TARP Bonus Tax
May 4 2010 // Connecticut lawmakers have approved a bill imposing extra taxes on bonuses paid to state employees of investment banks and insurers that received federal bailout aid during the economic crisis. The House of Representatives...
Conservator Appointed to Manage Contractor’s Access Program of Calif.
May 4 2010 // California’s Department of Industrial Relations (DIR) has appointed Bickmore Risk Services and Consulting as conservator for the Contractor’s Access Program of California (CAP), which is a self-insured group...
Wash. Judge: Insurer Can Be Held Liable for Agent’s Actions
May 3 2010 // In a ruling that’s being closely watched by some insurers, a Thurston County, Wash., judge has affirmed that the state insurance commissioner may hold an insurance company liable for the actions of the...
Ohio Department of Insurance Employee Wins National Award
May 3 2010 // Ohio Department of Insurance Director Mary Jo Hudson that Lynette Baker, a division chief of the Department’s Market Conduct Division, has received the Paul L. DeAngelo Memorial Teaching Award. This award, given by...
Florida Lawmakers Pass Omnibus Property Insurance Bill
May 3 2010 // On the final day of this legislative session, Florida lawmakers passed omnibus legislation that aims to bring more control over homeowners insurance costs, raises the state’s minimum capital requirements for...
Pennsylvania Judge Tosses Burned-by-Price-Scanner Suit
May 3 2010 // An Erie County, Pennsylvania judge has thrown out a lawsuit filed by the guardian of a 12-year-old girl who claimed the girl was burned and traumatized when a convenience store clerk allegedly aimed a hand-held price...
Mass. Court: Lease Agreement to Buy Insurance Trumps State Law
May 3 2010 // A lease agreement to buy insurance for a landlord trumps a state law that prohibits property owners from requiring tenants to indemnify landlords for their own negligence, Massachusetts highest court ruled. The decision...
Judge Sides with State Farm in Rate Hike Information Case
May 3 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site certain documents on two rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...
California Contractors Self-Insured Group Closes
Apr 30 2010 // The California Office of Self-Insured Plans is revoking the certificate of the Contractors Access Program of California (CAP), a self-insured group of contractors, as requested by the group. According to OSIP spokeswoman...
Senate Ends Stalemate Over Financial Reforms; Debate to Begin
Apr 29 2010 // A three-day U.S. Senate standoff over efforts to overhaul financial regulation ended on Wednesday as Republicans dropped efforts to block a Democratic bill in exchange for a handful of concessions. A deal to proceed came...
Michigan Governor to Sign Fremont Insurance Anti-Takeover Bill
Apr 29 2010 // A spokeswoman says Michigan Gov. Jennifer Granholm is expected to sign legislation that would make it tougher for San Antonio-based Biglari Holdings Inc. to take over a west Michigan insurance company. The legislation...
Federal Judge Awards $164K in Damages in Chinese Drywall Case
Apr 29 2010 // A federal judge in Louisiana has ordered a manufacturer of faulty drywall from China to pay more than $164,000 to a Louisiana family as result of damage to their home from the wallboard. The ruling is the second time in...
House Commitee Advances 5-Year Flood Insurance Extension
Apr 28 2010 // A bill to overhaul the troubled U.S. National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee. The bill, if...
Republicans Release Own Financial Services Regulation Proposal
Apr 28 2010 // Senate Republicans have proposed an alternative to Democrats’ financial regulation legislation, according to a document obtained by Reuters on Tuesday. Below are their key proposals. ORDERLY LIQUIDATION No resolution...
Louisiana Senate Passes Ban on Insurance Cancellations Due to Drywall
Apr 28 2010 // The Louisiana Senate has passed a measure that would ban against property insurers dropping or changing coverage for homes or businesses that contain Chinese-made drywall, which has been blamed for home corrosion and...
Missouri Governor to Sign Bills Speeding Insurance Payments
Apr 28 2010 // Insurance companies that take too long to pay health care claims in Missouri could face financial penalties beginning next year. Gov. Jay Nixon has signed the so-called “prompt pay” legislation. The legislation...
