Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Duke Puts $10B Pricetag on North Carolina Coal-Ash Cleanup
Apr 24 2014 // Duke Energy Corp. said the total tab for cleaning up its North Carolina coal-ash dumps may reach $10 billion amid a call for national rules to regulate the disposal of the fossil-fuel byproduct. Duke plans to spend $2...
Florida Supreme Court Leaves PIP Reforms Intact
Apr 23 2014 // The Florida Supreme Court has declined to review the state’s no-fault automobile insurance personal injury protection (PIP) reforms that were designed to lower the cost of the coverage by targeting fraud and...
Vermont Regulators: Updated Law Offers ‘Welcome Option’ for Inactive Captives
Apr 23 2014 // Vermont’s updated captive insurance law now offers inactive captives in the state a chance to apply for a “dormant” status. Vermont regulators said this latest modification reflects the state’s...
Federal Suit Filed Against California Lawmaker, Aide in Fatal DUI
Apr 22 2014 // The parents of a Santa Barbara woman who was fatally struck by a congresswoman’s aide filed a federal lawsuit against the driver, U.S. Rep. Lois Capps and the U.S. government. The wrongful death suit filed by Matt...
Judge Dismisses Suit Challenging New Hampshire Ski Resort Immunity
Apr 22 2014 // A judge has dismissed a Massachusetts couple’s lawsuit against the operators of a New Hampshire ski area, saying the companies can’t be held liable for a crash between a ski instructor and a teenage boy. Susan...
How Uber, Tesler Are Disrupting Transportation Monopolies: Viewpoint
Apr 22 2014 // Question: What’s an automotive monopolist’s worst nightmare? Answer: Uber picks you up in a Tesla. Two big Silicon Valley companies are busy disrupting state-sponsored transportation monopolies. Uber is...
Report: Former EU Banker Urges Reactivate Securitization to Enhance Credit
Apr 22 2014 // Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential voices in European and global finance. An eminence grise as...
Rhode Island Gov. Signs Legislation Allowing Digital Proof of Auto Insurance
Apr 21 2014 // Rhode Island Gov. Lincoln Chafee has signed into law legislation allowing motorists in Rhode Island to use their smartphones to offer police proof they have auto insurance. The bills sponsored by Sen. William Conley Jr....
Lloyd’s Focuses on Brokers, MGA’s, Capital in New Details for ‘Vision 2025’ Plan
Apr 21 2014 // Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied in its “Vision 2025” Plan, which details “how the Corporation will...
Florida Court Finds Law Protects Against Pregnancy Discrimination
Apr 21 2014 // The state’s civil rights laws include the protection of women discriminated against for pregnancy, the Florida Supreme Court ruled Thursday. The opinion finds that the intent of current statute, though not explicitly...
Why Governors Are Concerned Over FIO Report
Apr 21 2014 // On behalf of the National Governors Association, Alabama Gov. Robert Bentley and West Virginia Gov. Earl Ray Tomblin on March 28 wrote Treasury secretary Jacob Lew about Treasury’s Federal Insurance Office (FIO)...
Democrats Seize on Koch Brothers, Republican Opposition to Flood Insurance
Apr 20 2014 // 17 Apr 2014 09:00 Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate...
Vermont’s Updated Captive Law to Allow ‘Dormant’ Status for Inactive Captives
Apr 17 2014 // Vermont’s Gov. Peter Shumlin signed new legislation updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. Officials said the new...
Gerhart: U.S. Has a Good Story to Tell at the Global Insurance Symposium
Apr 17 2014 // The state of Iowa on May 20-22, 2014, will host its first ever Global Insurance Symposium, a privately funded event that aims to bring insurance professionals and regulators from around the world together to discuss the...
Louisiana Senators Say ‘No’ to Suit Against Oil Industry
Apr 17 2014 // The Louisiana Senate sided with Gov. Bobby Jindal and the oil industry, agreeing to void a lawsuit that a south Louisiana flood board filed against more than 90 oil and gas companies for coastal damage. Senate Bill 553 by...
San Francisco Considers Ending Ban Renting Homes
Apr 17 2014 // San Francisco lawmakers are considering making it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper...
Mississippi Withdrawing Lawsuit Over Flood Insurance Rates
Apr 17 2014 // Mississippi’s insurance regulator is withdrawing his lawsuit against the federal government after Congress voted to delay changes to the federal flood insurance program. Mississippi Insurance Commissioner Mike Chaney...
Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability
Apr 17 2014 // The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access to affordable auto insurance. On April 10, the Federal Insurance Office, citing its...
N.Y. Lawmakers Propose Speed Cameras in School Zones in NYC, Long Island
Apr 16 2014 // New York State lawmakers are taking aim at lead-footed drivers in New York City and Long Island with a proposal to authorize hundreds of speed cameras in school zones, a plan touted as a way to protect pedestrians and...
Hawaii License Suit Not Inclined To Be Dismissed By Judge
Apr 15 2014 // A federal judge is not inclined to dismiss a lawsuit alleging Hawaii discriminates against those with limited English skills by making it difficult for them to obtain a driver’s license. U.S. District Judge Susan Oki...
