Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
New York Lawmakers Consider Extending Agents’ Licenses, Other Issues
Feb 14 2011 // The New York Senate Committee on Insurance is scheduled to hear bills this afternoon that would extend insurance agents’ license renewals, allow multiple rating plans for personal lines insurers and clarify laws...
Michigan Senate Approves Bill Banning Mandatory Ergonomics Rules
Feb 14 2011 // The Michigan Senate has approved a bill that would prevent administrative rules mandating workplace ergonomics rules. The bill from Republican Sen. Rick Jones of Grand Ledge was approved by a 25-12 vote last Thursday and...
Invited by GOP, Businesses Vent About EPA, OSHA, Dodd-Frank Rules
Feb 11 2011 // On issues ranging from the air we breathe to the noise factories make, business leaders want the government to stay out of their way. And the Republicans, looking toward the 2012 elections, are listening. The House’s...
Prepareth Not and Doom Your Summer Vacation
Feb 10 2011 // The Nonadmitted and Reinsurance Reform Act (NRRA), Subtitle B, Part I, Dodd-Frank Wall Street Reform and Consumer Protection Act, will usher in a new era of premium taxation and regulation for surplus lines insurance on...
Florida Advances Workers’ Compensation, Commercial Deregulation Bills
Feb 10 2011 // The Florida House Subcommittee on Insurance and Banking has approved a bill that would codify the Florida Workers’ Compensation Joint Underwriting Associations’ current rating plan and create the position of...
South Carolina House Passes Limit on Punitive Damages
Feb 10 2011 // The South Carolina House of Representatives approved limits on punitive damages yesterday by a vote of 100 to 7. The bill would limit punitive damages for people winning civil suits to three times the actual damages...
Allstate to Exit Banking Business
Feb 9 2011 // The Allstate Corp., the nation’s largest publicly held personal lines insurer, is getting out of the banking business. Discover Bank, a division of Discover Financial Services, is purchasing the $1.1 billion deposits...
Insurers Oppose South Carolina Bill on Construction Defects
Feb 9 2011 // Insurers have come out against a move by South Carolina lawmakers to extend general liability policies to include construction defects. The Property Casualty Insurers Association of America (PCI) says such a move would add...
Wisconsin Senate to Take up Car Insurance Legislation
Feb 8 2011 // Minimum levels of car insurance that were increased two years ago would drop back down again under a bill up for a vote in the state Senate. Trial lawyers fought for the changes approved by the Democratic-controlled...
Florida Senate Committee Postpones Vote on Property Legislation
Feb 8 2011 // For the second straight week, the Florida Banking and Insurance Committee failed to reach a final vote on its comprehensive property insurance bill. The delay comes as committee members remain bogged down over how to...
Florida Senate Looking to Expand Commercial Deregulation
Feb 8 2011 // The Florida Senate and Banking Insurance Committee has approved a bill that would deregulate a variety of commercial lines of insurance by allowing insurers to offer the coverage without first obtaining the Office of...
Aon Warns UK Businesses Face Threat from Environmental Legislation
Feb 8 2011 // UK businesses are “dangerously exposed to the possibility of heavy fines under the latest UK and EU legislation regarding environmental liability,” according to Aon. The bulletin added that in order to help...
Declarations
Feb 7 2011 // Seeking Revenue “Given the difficult economy, it is understandable why the city of Sacramento is looking for new revenue sources. However, putting this burden on out-of-town drivers is unfair.” —Sam Sorich,...
Court Sides with Florida Regulator Over Texas Insurer
Feb 7 2011 // A Texas-based workers’ compensation insurer has lost its appeal of rulings by the Florida insurance commissioner that have blocked it from doing business in the state. On Jan 20, without explanation, a three-judge...
Regulatory Uncertainty Impeding Economic Recovery
Feb 7 2011 // The goal of today’s hearing is to take a step back and look at the economy from two points of view. First, the economy as it is perceived by economists and academics through the lens of their historical analysis and...
Declarations
Feb 7 2011 // Oil Spill Prevention “We must ensure that we have systems in place in our government and in the industry so that this cannot happen again.” —U.S. Senate Energy and Natural Resources Commission Co-Chair Sen....
P/C Insurers Like Some of Obama’s Plans
Feb 7 2011 // Property/casualty insurers found things to like in President Obama’s State of the Union speech that was largely focused on the economy and business. Medical malpractice reform, regulatory review, and trade agreements...
Wash. lawmakers Wade into Red-Light Camera Debate
Feb 4 2011 // Washington lawmakers are wading into a growing debate over the use of cameras to ticket speeders and people who run red lights. Initiative promoter Tim Eyman and local activists filed initiatives in Bellingham, Longview,...
Marsh Forms Alliance with Maplecroft to Assist Clients with Political Risk
Feb 3 2011 // To assist clients in analyzing and monitoring crucial political, economic, social, and environmental risks, Marsh has formed an alliance with Maplecroft, the award-winning risk analysis and mapping firm As part of the...
Arkansas Senate to Take Up Cell Phone While Driving Restrictions
Feb 3 2011 // The Senate is looking at banning drivers from using handheld cell phones in school and highway work zones, going a step further than a similar ban that passed the House this week. The Senate is considering a proposal by...
