Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Optional Insurance for Oklahoma Lawmakers Approved in House
Mar 3 2010 // The Oklahoma House has passed legislation allowing lawmakers to opt out of the state employees group health and life insurance plans. House members voted 92-4 for the bill and sent it on to the Senate for...
National Flood Insurance Program Temporarily Restored
Mar 3 2010 // The U.S. Senate last night passed legislation that includes an extension of the federal flood insurance program until March 28. President Obama has signed the measure. The extension means that the National Flood Insurance...
Legislation to Ban Texting While Driving Advances in Oklahoma
Mar 1 2010 // A measure in Oklahoma that places limits on texting while driving has passed out of the House Public Safety Committee. The measure would also prohibit young drivers from using a cell phone to talk or text while the vehicle...
American Safety Updates Contractor Coverage to Meet New Lead Paint Rule
Feb 26 2010 // American Safety Insurance (ASI) has updated its contractor pollution liability form to satisfy the exposure created by new regulation from the Environmental Protection Agency requiring any contractors to comply with new...
Nevada Assembly Rejects Insurance Verification Cameras
Feb 26 2010 // Nevada Gov. Jim Gibbons amended his proclamation for the Legislature’s special session to include sweeping reforms to collective bargaining, education, water law — and said lawmakers should be quick about their...
Obama, Republicans Clash at Healthcare Summit
Feb 26 2010 // President Barack Obama and Republicans clashed frequently Thursday at a summit on his stalled healthcare overhaul, battling over the size and cost of the proposal and moving no closer to a compromise agreement. Obama told...
Geneva Association: ‘No Systemic Risk from Insurance Core Activities’
Feb 26 2010 // A newly published report from the Geneva Association, which analyzes the role played by “insurance in financial stability and its systemic relevance,” has concluded “that the core activities of insurers...
Florida Cabinet Delays Hurricane Fund Assessments
Feb 25 2010 // The Florida Hurricane Catastrophe Fund needs $710 million to continue to pay claims still coming in from 2005’s Hurricane Wilma but it is going to have to wait to assess policyholders to get those funds. The Florida...
Florida Recruits First Reinsurer Under Relaxed Collateral Rules
Feb 25 2010 // Florida insurance officials have reached an agreement with the first foreign reinsurer to operate under collateral requirements that were reduced in 2008 in an attempt to attract new reinsurers to the state. The Florida...
Federal Rate Regulation Threatens Solvency, Health Insurers Warn
Feb 24 2010 // President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according to an insurance trade group. A plan released Monday by the White House would give the...
Judge Certifies Stockholders’ Class Action Against AIG
Feb 23 2010 // A U.S. judge on Monday certified a class action lawsuit for stockholders, but not bondholders, against American International Group Inc. U.S. District Judge Deborah Batts denied a request by three Ohio state public pension...
California Regulator Considering Regs to Alleviate Underinsurance
Feb 22 2010 // The California Department of Insurance is considering proposing new regulations governing standards and training for estimating replacement value on homeowners’ insurance. Among the ideas that was floated at a recent...
Obama Offers New Plan to Revive Health Care Push
Feb 22 2010 // President Barack Obama tried to rejuvenate his stalled U.S. health care overhaul Monday with a revised plan to make insurance coverage more affordable and bolster federal authority to regulate premium hikes. The proposal...
Louisiana Judge Halts Rule on Licensing for Tire Insurance
Feb 22 2010 // A state district judge has granted Louisiana’s auto dealers’ and tire stores’ request to temporarily stop the state from forcing them to become licensed insurance agents in order to sell tire-and-wheel...
Medical Malpractice Excluded from Health Insurers’ Antitrust Legislation
Feb 22 2010 // Free-standing legislation introduced by Reps. Betsy Markey of Colorado and Thomas Perriello of Virginia to amend the McCarran-Ferguson Act for health insurers no longer includes text to remove the limited antitrust...
Trusted Choice
Feb 21 2010 // Just when producers thought it was safe, mandatory compensation disclosure has reared its ugly head again. In a move that has its origins in the Spitzer days, New York regulators are mandating that insurance agents and...
South Carolina Eyes Lawsuit Limits to Help Economy
Feb 21 2010 // South Carolina’s economic recovery could be helped by new limits on lawsuits, claims a business group in urging state lawmakers to consider legislation to do just that. The Senate Judiciary committee is weighing...
Georgia Republican’s Bill Would Curb Insurance Execs’ Political Contributions
Feb 21 2010 // A Republican lawmaker who is running for governor in Georgia has introduced legislation to ban executives of insurance companies from contributing to a political campaign for the office of state insurance commissioner or...
Washington Regulator Wants Emergency Flood Insurance
Feb 21 2010 // Washington is one step closer to allowing the creation of a flood insurance joint underwriting association (JUA), a publicly sponsored, temporary, not-for-profit insurer of last resort to provide flood insurance when the...
Mississippi Court Rules on CGL Coverage for Subcontractor Work
Feb 19 2010 // A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest...
