Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

Lawmaker Wants Details on How AIG is Spending U.S. Loan

Oct 20 2008 // A top U.S. lawmaker has asked the chief executive of American International Group for details on how the company has used its $123 billion of taxpayer rescue funding so far. Rep. Henry Waxman, chairman of the U.S. House...

Insurance Fraud Case Set for Ex-Pennsylvania Judge

Oct 20 2008 // After a fender-bender in 2001, a Pennsylvania appellate judge claimed he was left in constant pain, unable to golf or swim or even at times hold a cup of coffee steady. Yet the following year, prosecutors say, he was...

Reputational Risk: Is It Time for Bankers to Risk an Apology?

Oct 20 2008 // No-one expects a fallen Master of the Universe to say sorry. But academics say an apology — for all the litigation risk it entails — can be the basis of revitalised confidence and trust. With global markets...

Texas Supreme Court Revisits Workplace Injury Case

Oct 20 2008 // The Supreme Court of Texas recently held a rare rehearing of a unanimous decision listening to arguments about whether it erred last year in ruling that a contract employee who suffered on-the-job injuries couldn’t...

Kan. Department Steps Up Monitoring of Brooke Franchise Legal Issues

Oct 20 2008 // The Kansas Insurance Department is following up on consumer inquiries and closely monitoring the legal issues surrounding Brooke Corp. and its insurance related affiliates, said Sandy Praeger, Commissioner of Insurance and...

The Era of Re-Regulation is Upon Us

Oct 20 2008 // Although the nation’s attention is focused on the financial crisis it is worth thinking about how this mess will affect attitudes toward government intervention. The July issue of The Atlantic magazine, published...

The Era of Re-Regulation is Upon Us

Oct 20 2008 // Regulatory Competition Is Not the Problem; It’s Part of the Solution Not only is regulation back in vogue, but regulatory competition also appears to be on its way out of fashion. Although the nation’s...

New York, Bermuda Sign Regulatory Working Pact

Oct 20 2008 // Insurance regulators in New York and Bermuda have agreed to closer cooperation in overseeing insurance matters. New York State Insurance Superintendent Eric Dinallo and Matthew Elderfield, chief executive officer of the...

The Era of Re-Regulation is Upon Us

Oct 20 2008 // Regulatory Competition Is Not the Problem; It’s Part of the Solution Not only is regulation back in vogue, but regulatory competition also appears to be on its way out of fashion. Although the nation’s...

Insurers Need to Beware of Business ‘Red Flags’

Oct 20 2008 // Identity Theft Rules to Take Effect on November 1 New federal “Red Flag” regulations will soon require businesses of all sizes to have identity theft and data breach protections in place. By Nov. 1, 2008, the...

Wisconsin Insurance Commissioner Sean Dilweg

Oct 20 2008 // From tornadoes, hail and flooding to the impact of the AIG bailout and the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin...

The Era of Re-Regulation is Upon Us

Oct 20 2008 // Although the nation’s attention is focused on the financial crisis it is worth thinking about how this mess will affect attitudes toward government intervention. The July issue of The Atlantic magazine, published...

Shrinking Citizens Signals Progress in Florida Property Market

Oct 20 2008 // Florida remains focused on recovery of its property insurance market. But new rules for reinsurers, a national catastrophe plan and the use of occupational rating in insurance are also on the radar of Florida Insurance...

Hurricanes, Credit Crunch Hit Louisiana, Texas Agriculture

Oct 20 2008 // Like farmers and ranchers across the United States, agriculture producers in Texas and Louisiana have been impacted by rising fuel and fertilizer costs, and they fear the credit squeeze gripping the nation will make it...

Insurers Need to Beware of Business ‘Red Flags’

Oct 20 2008 // Identity Theft Rules to Take Effect on November 1 New federal “Red Flag” regulations will soon require businesses of all sizes to have identity theft and data breach protections in place. By Nov. 1, 2008, the...

Regulatory Backlash?

Oct 20 2008 // Have the free-wheeling, capitalism-at-all-cost titans of business who maintain the market will fix all ills had their day — at least for now? For the last 30 years deregulation has been all the rage — from the airline...

The Era of Re-Regulation is Upon Us

Oct 20 2008 // Regulatory Competition Is Not the Problem; It’s Part of the Solution Not only is regulation back in vogue, but regulatory competition also appears to be on its way out of fashion. Although the nation’s...

Regulatory Compliance

Oct 20 2008 // Retention of Business Records Most people dread record keeping, whether it is logging expenses, travel mileage, billable hours, laps on the treadmill or the birthday presents given to family friends. Although it is...

California Approves Legislation To Transform Workers’ Comp Insurer

Oct 20 2008 // Calif. Gov. Arnold Schwarzenegger has signed Assembly Bill 1874 and Senate Bill 1145 into law to help increase transparency and strengthen corporate governance at the Golden State’s workers’ compensation...

The Era of Re-Regulation is Upon Us

Oct 20 2008 // Regulatory Competition Is Not the Problem; It’s Part of the Solution Not only is regulation back in vogue, but regulatory competition also appears to be on its way out of fashion. Although the nation’s...