Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
State Insurance Regulators Invoke Jefferson to Limit Federal Role
Sep 18 2013 // State insurance regulators are drawing on the country’s founding principles as they resist international pressure to give the federal government a greater role in overseeing the industry. Ben Nelson, chief executive...
Missouri Lawmakers Add Limits on Liability Lawsuits
Sep 16 2013 // Missouri lawmakers have chipped away at the ability of injury victims to win money in court cases – nixing big-dollar judgments in some lead poisoning and traffic accident cases, and shielding volunteer health care...
Judge Upholds Univ. of Wisconsin Doctor Malpractice Cap
Sep 16 2013 // A Dane County judge has upheld a $250,000 malpractice cap for University of Wisconsin-Madison doctors. The case involves a Verona woman who won a $1.8 million jury award in her husband’s death, as the jury found a UW...
How Agents, Brokers Can Help Themselves, Clients with Healthcare Reform
Sep 13 2013 // The Affordable Care Act (ACA) has accelerated change and confusion in the health insurance marketplace and businesses and individuals are counting on their insurance agents and brokers to help them understand the...
Insurance Pros in Politics: Garamendi Says Economy Needs Insurance
Sep 13 2013 // When it comes to mixing insurance and politics Congressman John Garamendi, D-California, can be considered an authority on the topic. While Garamendi never served professionally in the insurance industry, after the...
Missouri Lawmakers Override On Uninsured Motorists
Sep 13 2013 // Missouri lawmakers have approved a veto override of legislation restricting lawsuits by uninsured motorists. The House approved the override Wednesday on a 109-51 vote, the bare minimum needed for a two-thirds majority....
Insurance Pros in Politics: Beth Gaines Wants More “Business-Friendly” State
Sep 12 2013 // Although California Assemblywoman Beth Gaines, R-Rocklin, married into the insurance business, it seems to run in her blood, because it’s her blood that boils when she feels small businesses are being attacked by...
Insurance Pros in Politics: Being an Agent Prepared Tennessee Sen. Ketron for Politics
Sep 12 2013 // Insurance was a great training ground for now State Sen. Bill Ketron, who has been a member of the Tennessee Senate since 2002 while also serving as president of his own independent agency founded by his late...
Will Third Time Be the Charm for National Producer Licensing Bill?
Sep 12 2013 // Will the third time be the charm? Insurance groups and lobbyists in Washington are hoping so, after the House of Representatives this week overwhelmingly passed a bill (H.R. 1155 ) to streamline the insurance producer...
Crop Insurance Critics, Defenders in Last Push Over Reforms
Sep 12 2013 // Critics of the U.S. crop insurance program are calling for cuts to it and other agribusiness subsidies as Congress revamps farm policy. A bipartisan group of lawmakers planned to meet yesterday in Washington to re-examine...
Critics Say Taxpayers’ $14B Guarantees Profit for Crop Insurers
Sep 11 2013 // Former American International Group Inc. chief Maurice “Hank” Greenberg has a new business partner: the U.S. taxpayer. Greenberg’s Starr Indemnity & Liability Co. is one of 18 companies approved to...
Insurance Pros in Politics: Insurance Veterans Elect to Also Work in State Legislatures
Sep 10 2013 // Running a successful insurance agency business is tough enough by itself but some insurance pros are taking it one step further. They manage to juggle multiple careers in insurance and politics. Pennsylvania State Sen....
Insurance Pros in Politics: Midwest Politicians Work as Insurance Advocates
Sep 10 2013 // Those who have worked in the insurance industry and now practice politics in the Midwest say they are able to provide valuable insight into policies and insurance laws that affect their state’s important industries...
Appeals Court Rules Against Louisiana Abortion Providers in Liability Case
Sep 10 2013 // A federal appeals court has ruled that a group of Louisiana abortion providers lack the standing to challenge part of a 1997 law that can make them liable for damage caused by an abortion procedure and denies them access...
Delaware Workers’ Compensation Task Force Reconvenes
Sep 9 2013 // Delaware’s Workers’ Compensation Task Force reconvened last Friday for its first meeting since Gov. Jack Markell signed the group’s recommendations into law on June 27, 2013. The task force will now hold...
G20 Vows to Coordinate Financial Services Regulations
Sep 9 2013 // World leaders renewed their determination on Friday to work more closely and regulate across the financial system to avoid conflicting rules that would crimp economic growth. The Group of 20 nations (G20) ended a summit in...
Crop Insurance: A Growing Problem in Time of Record Farm Profits
Sep 9 2013 // A Depression-era program intended to save the nation’s farmers from ruin has grown into a 21st- century crutch enabling affluent growers and financial institutions to thrive at U.S. taxpayer expense. Federal crop...
MAIF Drops Proposal Seeking to Gain Policy Rights
Sep 9 2013 // The Maryland Automobile Insurance Fund (MAIF) — the auto insurance market of last resort in Maryland — last month withdrew its proposal to gain “sole and exclusive property” rights to all MAIF policies. The...
Judge Orders Armstrong to Answer Doping Questions in Insurer Case
Sep 5 2013 // A Texas judge is pushing Lance Armstrong closer to his first sworn testimony on details of his performance-enhancing drug use, ordering the cyclist to answer questions about who knew what and when about his doping,...
EU Insurers Spent $6.5 Billion on Regulation in 2012: Deloitte Estimate
Sep 5 2013 // Europe’s 40 largest insurers spent as much as €4.9 billion ($6.5 billion) last year complying with new regulations, according to estimates by Deloitte LLP. The cost is equivalent to a one percentage point reduction...
