Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Mass. AG Proposes Limiting Amount of Mandatory Flood Insurance for Homeowners
Oct 16 2013 // In an effort to assist homeowners facing significant flood insurance increases due to FEMA’s updated and expanded flood zone maps, Massachusetts Attorney General Martha Coakley and the House Speaker Robert DeLeo have...
Florida Supports Mississippi Suit Against Flood Insurance Hikes
Oct 16 2013 // Florida officials plan to file a brief in support of Mississippi’s lawsuit against the federal government in an attempt to block flood insurance rate hikes called for under recent reform legislation. Gov. Rick Scott...
Rural Groups Push Back on Crop Insurance Cuts
Oct 16 2013 // Rural groups say they’ll fight a proposed $100 million-a-year cut in crop insurance subsidies, a measure that has won the support of both houses of Congress and could be a test of agriculture’s influence in...
Interesting but Quiet Year for California Lawmakers on Workers’ Comp
Oct 15 2013 // After the behemoth workers’ compensation reform law passed in 2012, state lawmakers this year enacted only a handful of measures that may affect or relate to workers’ compensation. Bills signed by Gov. Jerry...
IAIS Plan for Re/Insurers’ Systemic Risks ‘Debatable’ Says UK Expert
Oct 15 2013 // “The IAIS, with its proposal for additional risk-adjusted capital rules for major re/insurers, seems to be joining the regulatory bandwagon for seeing these as a potential source of threat to the global financial...
Rhode Island Lawmakers Get Grim Report on Sea Level Rise
Oct 14 2013 // Sea levels will rise in Rhode Island by as much as 5 feet as climate change reshapes the coastline over the next century, the state’s top coastal resource official told lawmakers on Oct. 10. In a grim presentation to...
With Rate Hikes Looming, Florida Weighs Private Flood Insurance Options
Oct 11 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say...
Judge Temporarily Halts New York AG Suit Against Greenberg
Oct 11 2013 // Former American International Group (AIG) Chief Executive Maurice “Hank” Greenberg on Thursday won a short reprieve from New York’s case accusing him of orchestrating sham transactions at AIG. State...
Connecticut Police Use New Law to Target Distracted Driving
Oct 11 2013 // Connecticut Police are cracking down on motorists who text or use a hand-held cellphone while driving. Authorities call it “high-visibility enforcement” intended to call attention to a state law that took...
Judge Blocks Tennessee Rules on Health Navigators
Oct 10 2013 // A federal judge has blocked the state of Tennessee from enforcing emergency rules for people who advise others about the new health insurance exchange. The Tennessean reported that U.S. District Judge Todd Campbell issued...
Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad
Oct 10 2013 // Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability exposures in the global marketplace, including China, Brazil, Mexico, Japan and India....
Colorado Flood Spills Spur Review Of State Plans For Oil
Oct 9 2013 // As floodwater started to rise Sept. 11, some oil and gas operators began shutting wells and securing facilities. It would be five days before state regulators announced their own plans. “Did the state have a disaster...
Top 10 Market Conduct Complaints by Regulators Against P/C Insurers
Oct 9 2013 // Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new report. Waltham,...
Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More
Oct 9 2013 // The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to safety hazards at factories and the condition of nursing homes. Federal law requires...
Montana Judge Explains Verdict Reversal in Insurance Case
Oct 8 2013 // A U.S. District Court judge has explained why he vacated the fraud conviction of a former Miss Montana who was charged with misrepresenting her housing conditions to an insurance company while her historic mansion was...
Rhode Island Lawmakers to Review Rising Sea Levels
Oct 8 2013 // Rhode Island’s state lawmakers plan to review the effects of climate change and rising sea levels are having on Rhode Island. The House Environmental and Natural Resources Committee plans to hear a presentation on...
Florida Welcomes Era of Workers’ Compensation Market Stability
Oct 8 2013 // Florida’s workers’ compensation system has reached a rare state of rate stability, according to insurers and officials. The agency, the National Council on Compensation Insurance, filed for a one percent...
New York Bans Fund Manager Falcone From Insurance Unit
Oct 7 2013 // Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity & Guaranty Life Insurance, a unit...
Mississippi Judge Faces Fine Over Asbestos Case
Oct 7 2013 // The Mississippi Supreme Court has ordered a public reprimand and fine for a judge who was accused of failing to disclose a potential conflict in a Smith County asbestos case that resulted in a $322 million verdict. In May...
Insurers Hope Court Decides Soon on Florida PIP Reforms
Oct 7 2013 // Florida automobile insurers are hoping a court will lift an injunction that has blocked portions of the state’s 2012 no-fault law from taking effect. Florida’s First District Court of Appeals recently heard...
