Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans
Jan 16 2025 // The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s sowing the seeds for another crash. Labour, for decades the political party that favored taming the...
An Increase in Identity Theft, Cybercrime Predicted in 2025
Jan 16 2025 // The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC). It’s anticipated there will be reduced support for victims and less law enforcement...
Georgia Lawmakers to Take up School Safety, Hurricane Relief as Session Starts
Jan 15 2025 // ATLANTA (AP) — Georgia Gov. Brian Kemp on Monday proposed giving public schools a one-time additional $50 million to spend on school safety, but his plan falls short of the increased counseling resources school officials...
Regulatory Roundup: Operation Bear Claw, Rampant Deer, and Key Holiday Coverage
Jan 15 2025 // This post is part of a series sponsored by AgentSync. State-by-state variations of laws, compliance protocols, industry transparency, and general regulatory culture can lend one the impression that keeping up with industry...
Texas Lawmaker Sees California Fire Aid Tied to Conditions
Jan 14 2025 // As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying relief funding for California to policy changes in the state. “California has some...
Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice
Jan 13 2025 // A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., bringing the total to $3.75 million – plus significant attorney fees incurred by the insurer. A...
Pfizer Must Face Lawsuit Over Diversity Fellowship Program, Appeals Court Rules
Jan 13 2025 // A U.S. appeals court on Friday revived a lawsuit by a conservative group opposed to diversity initiatives in medicine that challenged a Pfizer fellowship program designed to boost the pipeline of Black, Latino and Native...
American Airlines’ ESG-Based Investing for 401(k) Plan Is Illegal, US Judge Rules
Jan 13 2025 // A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors. The ruling by U.S....
New Law in New Hampshire Creates Private Right of Action For Victims of Deepfakes
Jan 12 2025 // This post is part of a series sponsored by IAT Insurance Group. There’s been no shortage of examples in recent years of how deepfake technology can be used in alarming ways: Fraudsters recently posed as a...
Minnesota Judge Orders MyPillow to Pay $778K to Delivery Service DHL
Jan 10 2025 // A Minnesota judge has ordered MyPillow to pay nearly $778,000 for unpaid bills and other costs to package delivery service DHL, which had sued the company that’s synonymous with its founder, chief pitchman and...
Georgia Lawmakers Gearing Up for New Tort Reform Push
Jan 10 2025 // ATLANTA (AP) — After years of stalled efforts to limit civil lawsuits, Georgia Gov. Brian Kemp and Republican lawmakers are doubling down with a new push. Supporters, most prominently business groups, call the state a...
Boeing, DOJ Tell US Judge They Have Not Reached Agreement on Revised Plea Deal
Jan 6 2025 // The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on a revised plea deal after a U.S. judge in December rejected the deal, faulting a diversity and inclusion provision. Boeing...
Judge Allows Lawsuit Claiming Poland Spring Water Is Not From a Spring
Jan 2 2025 // A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as “spring...
Florida Condo Owners Face Deadline and Higher Costs With New Regulations
Dec 31 2024 // MIAMI (AP) — Florida condominium owners are looking at higher costs from condo associations in the new year, a consequence of a safety law passed by state lawmakers in 2022. It requires associations to have sufficient...
California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking
Dec 30 2024 // California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in...
ZestyAI Receives Regulatory Approval From Iowa Insurance Division
Dec 23 2024 // ZestyAI, a provider of AI-informed climate and property risk analytics solutions, has received regulatory approval from the Iowa Insurance Division for its Severe Convective Storm suite, including Z-HAIL, Z-WIND, and...
Viewpoint: Giving Thanks and Making a Wish List for US Insurance Regulation
Dec 18 2024 // The state of U.S. insurance regulation is almost certainly not a topic for most families this holiday season. Yet there is much to be thankful for as well as areas where we can do better. First, let’s be thankful for...
Oregon Lawmakers OK $218M in Emergency Wildfire Funding
Dec 17 2024 // Oregon lawmakers approved $218 million in emergency wildfire funds during special session that was convened to address unpaid bills stemming from the state’s 2024 record wildfire season. As wildfires still rage in...
California Commissioner Announces Regulation to Enable the Use of Modeling in Rates
Dec 13 2024 // California Insurance Commissioner Ricardo Lara on Friday announced what he’s calling “first of its kind” catastrophe modeling and ratemaking regulation that will allow carriers to use the models as a...
