Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
North Carolina Debt Option Proposed by Lawmakers to Pay Catastrophic Claims
May 11 2015 // The state-sanctioned property insurance program in North Carolina coastal counties could borrow to pay for extreme catastrophic losses from hurricanes in legislation making its way through the General Assembly. The House...
Lyft Says Plans to Pull out of New Mexico over Rules
May 8 2015 // Ridesharing service Lyft says it’s suspending operations in New Mexico after state regulators passed new requirements that the company called “onerous.” The San Francisco-based firm set a May 14 deadline...
UK Elects the Conservatives, but Question of EU Status Remains
May 8 2015 // “Heavy Fog In Channel. Continent Cut Off.” That often quoted newspaper headline, which dates from at least the 1930’s, captures the ambivalent feelings the British have about their European neighbors....
Georgia Governor Approves Ridesharing Regulation
May 8 2015 // Gov. Nathan Deal has signed into law two bills regulating the high-tech ridesharing industry in Georgia. Surrounded by young Uber drivers in black T-shirts and Lyft drivers wearing pink on Wednesday, Deal signed into law...
Alabama Governor Signs ‘Innovator Liability’ Law
May 8 2015 // Companies in Alabama would be protected from lawsuits related to products they didn’t make under newly passed legislation. Gov. Robert Bentley on Friday signed into law a bill that says manufacturers are not liable...
NYDFS Grants Charter to New York Virtual Currency Company
May 7 2015 // New York State Department of Financial Services (NYDFS) announced Thursday that it has granted a charter under the New York Banking Law to itBit Trust Company, LLC – a commercial Bitcoin exchange. ItBit, which is based...
N.J. Gov. Signs Electronic Proof of Auto Insurance, Reverse Rate Evasion Bills
May 7 2015 // New Jersey Gov. Chris Christie signed into law on Thursday A-3905/S-2680, which authorizes motor vehicle operators to display proof of auto insurance in either the physical format (a paper insurance card provided by their...
Oklahoma Texting While Driving Ban Signed by Governor
May 7 2015 // Gov. Mary Fallin added her signature to legislation that makes it illegal to text message while driving in Oklahoma and then issued a challenge to the state’s motorists. “Don’t text and drive in the state...
Montana Law to Raise Some Highway Speed Limits to 80 Mph
May 7 2015 // Speed limits on rural interstate highways in Montana will increase to 80 mph this fall, but the cost of a speeding ticket will go up, too. Gov. Steve Bullock signed Senate Bill 375 on Monday. The new law will increase...
Republican Senate Bill on Dodd-Frank, Insurance Changes Expected Next Week
May 7 2015 // The chairman of the Senate Banking Committee is pushing ahead with a bill to ease rules across sections of the financial industry after the first round of efforts to work with his Democratic counterpart failed. Alabama...
Uber Pulls Out of Kansas After Senate Imposes Stricter Regulations
May 6 2015 // Ride-hailing service Uber said it ceased operations in Kansas after the state legislature decided to override Gov. Sam Brownback’s veto of a bill that will impose stricter regulations on ride-hailing services. Uber...
Colorado Lawmakers Agree on School Violence Liability Bill
May 6 2015 // Legislation to make Colorado public schools legally liable for student safety awaits the governor’s signature. The state House and Senate agreed Monday on final language in the bill to allow public schools to be sued...
India’s Raise of Foreign Insurers’ Investment Cap a ‘Positive Step’: AIA
May 6 2015 // Stephen Simchak, director of international affairs for the American Insurance Association (AIA) In his testimony before the U.S. International Trade Commission (ITC) on trade and investment policies in India. Has welcomed...
Vermont’s New Captive Legislation to Revise Some Capital Requirement Rules
May 6 2015 // Vermont officials announced that Gov. Peter Shumlin will sign new legislation passed in April that would bring several changes to the state’s captive insurance rules — including changes to the investment...
Florida Commissioner McCarty Touts State Regulation Before Congress
May 6 2015 // Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate...
Kansas Overrides Brownback Veto on TNC Bill
May 5 2015 // In a disappointing development, the Kansas Legislature has overturned Gov. Sam Brownback’s veto of S.B. 117, the so-called “Uber bill.” While S.B. 117 is not without redeeming qualities – a regulatory...
Texas Bill Preventing Cities from Banning Oil Drilling Sent to Governor
May 5 2015 // Texas cities would no longer be able to ban oil and gas companies from drilling inside municipal limits under a bill lawmakers sent to Governor Greg Abbott. Final passage of the legislation in the state Senate is a win for...
U.S., Canada Agree on Oil Train Safety Mandates
May 5 2015 // Almost two years after an unattended oil train derailed and exploded in Quebec, killing 47 people, the U.S. and Canadian governments jointly set new rules designed to reduce the risks of hauling crude by rail. Newly built...
Insurers Warn Against Encroachment on State Regulation
May 5 2015 // Insurance companies are calling for Congress to ensure state-based insurance regulation remains protected from federal or international “regulatory encroachment.” “Congress must now increase its oversight...
Corporations Push for Fewer U.S. Drone Restrictions
May 5 2015 // As U.S. regulators study how to govern commercial drones, corporate America is plunging ahead on using unmanned aircraft in a bid to speed the process and win concessions on proposed restrictions. Large companies including...
