Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Colorado Lawmaker Wants Assault Weapons Liability for Sellers and Owners
Feb 28 2013 // Sellers and owners of assault weapons could be liable for damages caused by shootings in Colorado, another response from Democrats to recent mass shootings that has made gun-control one of the biggest issues of this...
Judge Approves Dewey & LeBoeuf Liquidation Plan
Feb 28 2013 // A federal bankruptcy judge approved the liquidation plan for Dewey & LeBoeuf on Wednesday, a milestone in the winding down of the collapsed law firm that paves the way for creditors to recover tens of millions of...
Day #2 at Oil Spill Trial: BP Drilled Despite Earlier Problems
Feb 27 2013 // BP Plc took chances drilling its doomed Macondo well long before it ruptured in 2010, a well design and pressure expert said on Wednesday in the second day of testimony in the civil trial over the Gulf of Mexico oil...
Judge Leans Toward Letting Jackson Suit in California Continue
Feb 27 2013 // A judge says she is inclined to allow a lawsuit by Michael Jackson’s mother against concert promoter AEG she claims is responsible for her son’s death to go to trial on a single claim. Superior Court Judge...
Better Late Than Never
Feb 25 2013 // Alabama Gov. Robert Bentley has finally released the long-awaited report by a commission to study what to do about insurance availability and prices. Bentley first created the commission on April 6, 2011 – almost two...
Alabama Insurers Must Register or Face Fine
Feb 25 2013 // Hundreds of property/casualty insurance companies have not registered with Alabama regulators as required, prompting the state insurance department to issue a warning and extend the registration deadline to March 31. The...
Reasonable Compensation
Feb 25 2013 // If you haven’t heard the news, the federal government is a little short of money after racking up multiple annual trillion-dollar deficits. A trillion here and there, and after a while, someone might figure out the...
Tennessee Reconsiders Requiring Concussion Policy for School Sports
Feb 22 2013 // As the nation continues to debate increasing safety in contact sports, Tennessee lawmakers are looking at legislation that would require schools and other organizations conducting youth athletic programs to adopt...
Securities Regulator OKs Schwab Ban on Class Actions by Clients
Feb 21 2013 // Charles Schwab Corp. can ban its clients from bringing class action lawsuits, a securities industry regulatory panel ruled Thursday in a sweeping decision that is likely to influence other U.S. brokerage firms to follow...
Despite Uncertainty, Momentum Building for M&As in 2013: PwC
Feb 21 2013 // While 2012 was a flat year for financial services mergers and acquisitions (M&A) overall, there was a surge in the fourth quarter and there is reason to think activity will pick up in 2013, according to a new...
Oklahoma Agents Group Seeks Questions for Workers’ Comp Panel
Feb 21 2013 // The Independent Insurance Agents of Oklahoma is requesting members to submit questions for a panel discussion on proposed changes to the state’s workers’ compensation system. IIAO will host a panel to discuss...
Oklahoma Panel Clears Prescription Drug Regulation Bill
Feb 21 2013 // Calling it a matter of public safety, a state lawmaker convinced an Oklahoma House committee to extend state oversight to companies that act as a middleman between pharmacies and people filling prescriptions through their...
Florida Senate Leader to Insurers: Where Are Savings from PIP Reforms?
Feb 21 2013 // Key Florida lawmakers are running out of patience with the state’s fraud-plagued no-fault motor vehicle insurance system that has cost policyholders hundred millions of dollars. Senate President Don Gaetz ,...
Best Reports Thailand’s Non-Life Sector Moving to New Regulatory Era after Floods
Feb 21 2013 // A new report from A.M. Best says that “regulatory reform and the 2011 floods continue to generate pressure for Thailand’s non-life insurance industry as it contends with uncertain loss development, stricter...
Bill Deadline in California Legislature Promises a Few Insurance Issues
Feb 20 2013 // It’s human nature to wait until the last minute to take care of business, and California legislators are a great example of that. The deadline to introduce bills in the Assembly and Senate is just over a day away:...
Survey: Most Texas Voters Support Licensing Roofers
Feb 20 2013 // A recent survey shows that most registered Texas voters support the licensing of roofers in the state. According to the survey by the Insurance Council of Texas (ICT), when asked if roofing contractors should be licensed...
Former Louisiana Deputy Insurance Commissioner Joins Adams and Reese
Feb 19 2013 // Clarissa A. Preston, former head of the Office of Consumer Advocacy for the Louisiana Department of Insurance and the department’s first deputy commissioner, has joined the law firm of Adams and Reese in its Baton...
Where to Find the Best Possible Cyber Coverage
Feb 19 2013 // There are many cyber insurance products available for purchase, and each is somewhat unique. Some products are more comprehensive than others. Some cyber insurance products are combined with insurance policies of another...
Michigan Lawmakers Mull $31M For Health Care Exchange
Feb 19 2013 // Michigan Gov. Rick Snyder’s administration told lawmakers it needs their approval within weeks to spend a $31 million federal grant to help build a consumer-friendly health insurance marketplace under the contentious...
Catholic Bishops Urge Birth Control Reprieve in Fiscal Bills
Feb 18 2013 // U.S. Roman Catholic bishops stepped up their battle against President Obama’s contraceptives policy on Friday by urging Congress to use its fiscal debate to free religious employers from a mandate requiring insurance...
