Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Ohio Judge: Village Must Pay Back $3M in Traffic Camera Tickets
Feb 10 2017 // A judge in Ohio says a village must pay back all $3 million paid by drivers for speeding citations from automated traffic cameras. The Hamilton-Middletown Journal-News reports Butler County Judge Michael Oster issued his...
Undoing U.S. Financial Regulations Could Bar U.S. Firms from EU
Feb 10 2017 // Some U.S. financial institutions could be locked out of the European market if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, a top EU official said on Friday. Valdis...
Washington Judge Orders Energy Drink Maker to Pay $4.3M
Feb 9 2017 // A King County judge has ordered the makers of 5-hour ENERGY to pay nearly $4.3 million in penalties and attorneys’ fees for violating the Washington state Consumer Protection Act. Attorney General Bob Ferguson filed...
UK Moves Closer to Triggering EU Exit Talks – with Bumpy Road Ahead
Feb 9 2017 // Theresa May’s latest Brexit victory should leave her happy — but might ultimately come at a price. Late on Wednesday, the U.K. prime minister persuaded the House of Commons to back her original 137-word draft...
U.S. Court Deals Opponents of Obama Fiduciary Rule a Setback
Feb 9 2017 // A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald Trump’s efforts to scale back...
Advocacy Groups Go to Court to Thwart Trump’s Bid to Undo Regulations
Feb 9 2017 // The White House defended the president’s executive order to U.S. agencies to rescind two government regulations for every new rule introduced, after several advocacy groups filed a lawsuit on Wednesday challenging...
Federal Judge Halts Anthem-Cigna Merger as Harmful to Competition
Feb 8 2017 // A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna Corp., derailing an unprecedented effort to consolidate the country’s health...
Tesco Bank Hack Still a Mystery – to Frustration of Other UK Lenders
Feb 8 2017 // British banking executives and security experts are growing frustrated at the dearth of information available more than three months after 2.5 million pounds ($3.09 million) was stolen from Tesco Bank in the UK’s...
Proof of Loss Deadline Extended for Florida Hurricane Matthew Claims
Feb 8 2017 // The Florida Office of Insurance Regulation announced that the Federal Emergency Management Agency (FEMA) has granted another extension giving National Flood Insurance Program (NFIP) policyholders in Florida an additional...
House Speaker Ryan Says Obamacare Replacement Bill to Pass This Year
Feb 7 2017 // The U.S. House of Representatives’ Republican leader said on Tuesday that legislation to replace former President Barack Obama’s signature healthcare law will be completed this year, trying to assuage concerns...
Vermont to See Decrease in Costs for Workers’ Compensation Insurance
Feb 7 2017 // Vermont Governor Phil Scott has announced that workers’ compensation insurance will cost less for most Vermont employers when new rates approved by the Vermont Department of Financial Regulation (DFR) become...
Marsh Launches Cyber Risk & Data Breach Cover for Non-US Clients
Feb 6 2017 // Marsh has launched Marsh CyberShield, an exclusive cyber risk and data breach insurance policy for mid- to large-sized organizations. Available globally to Marsh clients outside of the US, Marsh CyberShield can provide up...
Trump Halts Fiduciary Rule Opposed by Financial Advisors; Orders Dodd-Frank Review
Feb 6 2017 // President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said, signing an executive action Friday designed to significantly...
Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value
Feb 6 2017 // A Massachusetts appeals court used a recent case to warn auto insurers about the importance of taking retail book value into consideration early in the settlement process. While the court ruled in favor of defendant...
Judge Dismisses Snapchat from Georgia Distracted Driver Crash Claim
Feb 6 2017 // A Georgia judge dismissed claims against Snapchat that blamed the social media company’s “speed filter” for a highway crash. The judge said in the January ruling that the Communications Decency Act...
P/C Insurance Execs Foresee Commercial Lines Growth, Led by Cyber, Outpacing Personal Lines
Feb 6 2017 // Leaders of the property/casualty (P/C) insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017, with cyber leading the way as a huge untapped market, according to an Industry...
Minding Your Business: Trends to Exploit in 2017
Feb 6 2017 // It is a new era for our country, with President Donald Trump coming into power with the theme to “Make America Great Again.” Perhaps it is also the time to do the same for agency planning. Are there things in...
Report: Self-Driving Prototypes Getting Better at Navigating California Streets
Feb 3 2017 // Self-driving car prototypes appear to be getting better at negotiating California streets and highways without a human backup driver intervening, according to data made public by California transportation regulators. The...
Report: Many Iowa Lawmakers Underpay for Health Insurance
Feb 3 2017 // An analysis by The Des Moines Register shows more than two-thirds of Iowa legislators are paying hundreds of dollars less a month than appropriate for their health insurance, a potential violation of state law. Data...
Texas Governor Calls for Legislation to Rein in Hailstorm Litigation
Feb 2 2017 // In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against...
