Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
White House to Propose Cybersecurity Legislation
May 12 2011 // White House officials Thursday planned to unveil a major legislative proposal aimed at improving U.S. cybersecurity and protecting the economy, an administration official said. The proposal is the result of two and...
Oversight Council to Take More Time Identifying Systemic Risk Firms
May 12 2011 // The U.S. risk council will give the public more time to comment on the criteria for picking so-called “systemic” financial firms, after lawmakers scolded the new council for being opaque on the process. U.S....
North Carolina Subsidy for Firefighters’ Workers’ Comp in Jeopardy
May 11 2011 // Facing a tight state budget, North Carolina’s lawmakers are reconsidering the state’s financial commitment to a workers’ compensation fund that covers voluntary first responders in local communities. The...
Changes on the Playing Field; P&C Insurers Question Impact of New Regulations
May 11 2011 // The European insurance industry is becoming increasingly aware that the Solvency II regulations, which are scheduled to take effect as of January 1, 2013, will not only impose a different set of rules for the industry, but...
Pennsylvania House OKs Workers’ Comp Changes
May 10 2011 // Pennsylvania House lawmakers have approved new legislation that would allow insurers to write workers’ comp coverage to owners and principals of businesses. Agents in the state had sought the change to correct a...
Florida Approves Property Insurance Reform
May 9 2011 // Homeowners’ insurers in Florida are breathing a sigh of relief after succeeding in a months-long battle to obtain property insurance reforms designed to reduce costs and stabilize the market. After watching state...
Stalemate Over Workers’ Comp Stalls Wash. Lawmakers
May 9 2011 // Washington state lawmakers grappling over how to fill a projected budget shortfall of $5 billion in a special legislative session may first have to end a stalemate on a more contentious issue: workers’...
Apple, Google to Face Lawmakers on Privacy Issues
May 9 2011 // Tech companies such as Apple and Google are hoping the tracks of millions of mobile device users will lead to billions of dollars in revenue. But where they see dollar signs, lawmakers see red flags. The revelation last...
Judge Approves $7M Malpractice Settlement for Massachusetts Couple
May 9 2011 // A Massachusetts judge has approved a $7 million settlement for a Shrewsbury family who claimed medical negligence in the birth of their daughter. The lawsuit filed in 2008 lawsuit against two doctors, a nurse practitioner...
Florida Judge Says Insurance Should Cover Chinese Drywall Case
May 9 2011 // A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster this week said he found no exclusion in...
Wash. Judge Orders $129K in Damages for Boy Injured By Tree
May 6 2011 // A southwest Washington school district has been ordered to pay more than $129,000 in damages to the family of a teenage boy who suffered a skull fracture when he was hit by a falling tree at a school in 2009. The Columbian...
Insurers Fight Over Flood Policies Dropped by State Farm
May 6 2011 // Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as lawmakers tried to advance reform of the nation’s flood insurance system. The conflict began...
Systemic Firms Will Not Be ‘Too Big to Fail,’ Says FDIC’s Bair
May 6 2011 // Financial firms that the U.S. government deems as “systemic” will not be “too big to fail,” bank regulator Sheila Bair said Thursday. Bair, pushing back against critics who say the systemic...
Insurers Fight Over Flood Insurance Policies Dropped by State Farm
May 5 2011 // Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as lawmakers tried to advance reform of the nation’s flood insurance system. The conflict began...
Whistleblowers Not Protected for Media Leaks, Federal Court Rules
May 5 2011 // Whistleblower protections in a federal accounting law do not cover leaks to the media, a U.S. appeals court has ruled, dealing a blow to two former Boeing auditors who had sued the company. Nicholas Tides and Matthew...
Montana Lawmakers Add Tax to Workers’ Comp Bill
May 5 2011 // On the last day of the Montana legislative session, lawmakers added a 2.75 percent premium tax on insurance sold by the Montana State Fund to pay for continuing claims for workers injured before July 1990. The new fee...
Kansas Legislature Passes Crash Tax Ban
May 4 2011 // The Kansas Legislature has passed legislation that prevents local governments from charging fees for routine accident response services, according to the Property Casualty Insurers Association of America (PCI). House Bill...
Small Business Owners Concerned Over Taxes, Healthcare Issues
May 4 2011 // Tax-related regulations and concerns over health care burden many small business owners today. Nearly two out of three business owners believe that tax-related regulations are too burdensome, while 51 percent find health...
Kentucky to Streamline Agents’ Licenses for Veterans
May 4 2011 // Members of the armed services and their sponsors will find it easier to keep or obtain an agent’s license under a new law approved by Kentucky lawmakers. Kentucky Governor Steve Beshear has signed into law HB 301...
Florida Legislature Approves Commercial Rate Deregulation Bill
May 3 2011 // Commercial insurers in Florida will have more leeway in setting rates on a number of lines of insurance under a bill approved today by state lawmakers. The Florida legislature approved CS/HB 99 that expands the list of...
