Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

Missouri House Panel Considers Medical Liability Limits

Feb 15 2013 // Missouri doctors urged a state House committee to reinstate liability limits for medical malpractice cases after the state Supreme Court struck down an existing cap. An upper limit of $350,000 for noneconomic damages such...

Ghost of Charlie Crist Haunts Insurance Reform

Feb 15 2013 // It has been more than two years since the adults regained control of Florida, yet the specter of the Charlie Crist days of demagoguery, populism-at-any-cost and overall political buffoonery looms heavy over the state...

Missouri Bill to Raise Seat Belt Fines Gains Support

Feb 15 2013 // A long-running proposal to raise Missouri’s fines for seat belt violations gained support on Feb. 13 from police, doctors, truckers, insurers and – perhaps most importantly – the chairman of a committee...

Judge Accepts Transocean Settlement in Gulf Oil Spill

Feb 15 2013 // A federal judge on Thursday accepted a guilty plea by rig contractor Transocean Ltd. for violating the U.S. Clean Water Act along with a $400 million criminal fine for its role in the 2010 disaster at BP Plc’s...

Obama Administration Says Health Insurance Exchanges on Track

Feb 14 2013 // The Obama administration on Thursday assured U.S. lawmakers that it is on track to enroll millions of people in new state health insurance markets, but it quickly came under fire from Republicans and Democrats about how...

Missouri Senate Backs Bill to Replenish Second Injury Fund

Feb 14 2013 // Missouri senators have endorsed a two-part plan to replenish an insolvent fund for disabled workers and stop people with job-related diseases from bringing big-dollar lawsuits against their employers. The legislation...

California Lawmakers Question Regulating Fracking

Feb 14 2013 // California lawmakers are expressing doubts a Gov. Jerry Brown administration proposal to regulate hydraulic fracturing is tough enough and can be enforced by state oil regulators. State senators convened a joint...

Christians-Only Medi-Share Could Be Back in Business in Kentucky

Feb 14 2013 // A Christians-only health care ministry that was forced out of Kentucky last year could be invited back under legislation that cleared its first legislative hurdle this week. The Senate Banking and Insurance Committee voted...

Saft Commentary: The Fed Discovers Chicanery

Feb 14 2013 // Acknowledging that sometimes banks chisel clients and bank employees chisel banks may sound obvious to you, but for the Federal Reserve this is a pretty big step forward. Jeremy Stein, a member of the Board of Governors of...

SEC Needs Additional Funds to Implement Dodd-Frank: Chairman

Feb 14 2013 // The top U.S. securities regulator will urge lawmakers on Thursday to boost its funding, saying a failure to increase the budget could hamper its ability to enforce new rules of the road for Wall Street. The Securities and...

Oklahoma Bill Would Regulate Pharmacy Benefit Managers

Feb 13 2013 // A bill introduced in the Oklahoma Legislature seeks to regulate pharmacy benefit managers State Rep. David Derby (R-Owasso) and state Sen. Rob Standridge (R-Norman) introduced House 2100, to bring pharmacy benefit managers...

Michigan Mixed Martial Arts Bill Includes Insurance Requirement

Feb 13 2013 // A Michigan House committee plans to debate a bill that would place state regulations on amateur mixed martial arts events. The Regulatory Reform Committee is considering a bill would require event promoters to get state...

Goals of the U.S.-EU Free Trade Agreement; Re/Insurance Regs Reconsidered

Feb 13 2013 // Negotiations for a free-trade agreement between the United States and the European Union are set to begin within months, almost two decades after the idea was first floated between the world’s two largest...

Judge Denies Wells Fargo Attempt to Block Financial Crisis Suit

Feb 13 2013 // A federal judge on Tuesday denied Wells Fargo’s attempt to beat back a financial-crisis lawsuit by arguing it conflicted with an earlier settlement. District Judge Rosemary Collyer in Washington, who is supervising...

Rules for Dodd-Frank Top Republican House Agenda

Feb 12 2013 // Republicans in the U.S. House of Representatives are gearing up to overhaul the housing finance system this year and will soon map out ways to monitor Wall Street reform rules, according to a draft agenda circulating on...

Arkansas Lawmakers Weigh Competing Tort Reform Ideas

Feb 12 2013 // Arkansas lawmakers are weighing competing ballot measures to address rulings that overturned parts of a 2003 tort reform law, including a proposal to give the Legislature the authority to write the rules and practices for...

Nebraska Lawmakers Pushing Traffic-Safety Measures

Feb 12 2013 // Motorists and passengers who ride without a seat belt could face a $100 fine in Nebraska, and might even see their insurance rates increase if a bill in the Legislature becomes law. Nebraska lawmakers are proposing a...

Obama Expected to Issue Cyber Defense Order

Feb 12 2013 // President Barack Obama plans to release a long-awaited executive order aimed at improving the nation’s defenses against cyber attacks as early as Wednesday, according to sources familiar with the matter. The order,...

Florida Lawmakers Unveil Property Reform Proposals

Feb 11 2013 // Florida lawmakers’ first draft of a property reform emphasizes depopulating and diverting policies from Citizens Property Insurance Corp., the state-backed property insurer that has 1.3 million policyholders. The...

Florida’s Workers’ Comp Market Outlook Remains Positive

Feb 11 2013 // The outlook for Florida’s workers’ compensation market continues to be strong as a competitive market offers affordable rates, although costs could be reduced further if the state addressed prescription drug...