Latest Legislation Headlines

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

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...

Cross-Border Trucking, Competitiveness Concerns in Arizona

Oct 20 2008 // Being the sixth-largest state in the nation, and one of the fastest-growing, makes Arizona an attractive place to live and do business. And that means the state is desirable from an insurance perspective, too, according to...

Financial Crisis Dominates European Risk Manager Debates, Conference

Oct 20 2008 // One of Pat Oliphant’s more recent editorial cartoons shows presidential candidate John McCain held in the trunk of an enraged elephant labeled “The Economy.” “My friends,” says McCain to a...

Pressure Rising for Tighter Regulation of Insurance, Financial Services

Oct 20 2008 // With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of...

Hauge Joins Michelman & Robinson’s Insurance Regulation Practice Group

Oct 17 2008 // Michelman & Robinson LLP announced that David Hauge will be joining the firm as a partner in its Los Angeles office. He brings more than 30 years of experience in insurance regulatory law to the Firm’s Insurance...

S&P Report Sees Opportunities In Saudi Arabia Insurance

Oct 16 2008 // In its latest report on the insurance market in the Kingdom of Saudi Arabia – Insurance And Reinsurance In The Kingdom of Saudi Arabia: Economic And Industry Risks Exist, But Market Prospects Remain Strong –...

Ohio Supreme Court Upholds Landmark Asbestos Reform Law

Oct 16 2008 // An Ohio Supreme Court ruling upholds the nation’s first asbestos litigation reform legislation, thereby helping truly sick victims of asbestos exposure get compensated quickly and fairly for their injuries, according...

Top U.S. Lawmaker, Ex-SEC Chief Blast Lax Regulators

Oct 16 2008 // The Securities and Exchange Commission should get more power to police credit derivatives even though it failed to use its existing authority to rein in risky behavior that contributed to a global financial crisis, a...