Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Washington Governor Wants to Reform Workers’ Comp
Jan 11 2011 // Washington Gov. Chris Gregoire has proposed several changes to the state’s workers’ compensation system to help the state out of the recession and support the vitality of businesses. The proposed changes she...
White House Panel Calls For Tough Regulation After BP Spill
Jan 11 2011 // White House panel probing BP’s massive oil spill called for an overhaul of a regulatory system that was “entirely unprepared” for disaster and outlined stringent, new oversight, a plan sure to face...
Top Regulatory Changes Employers Should Know in 2011
Jan 10 2011 // The new year ushers in regulatory, compliance and legislative changes that affect every small business. According to payroll and human resource services provider Paychex, Inc., these 11 issues top the list of business...
Employers With Foreign Labor Face Increased Liability
Jan 10 2011 // Insurance Considerations for Agents Insuring Agricultural Employers Every state has been impacted by Arizona’s immigration law, as there is now a cry for immigration reform. Employers who hire a questionable...
Federal Audit Rips Spending for Texas’ Hurricane Ike Cleanup
Jan 10 2011 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Federal Judge Dismisses Suits Against Insurers Over Chinese Drywall Coverage
Jan 10 2011 // A federal judge in Louisiana in mid-December let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from the installation of defective drywall from China off the hook for coverage from...
Ohio Supreme Court Ruling Favors Bus Wreck Survivors
Jan 10 2011 // The Ohio Supreme Court said a university’s insurance coverage extended to a charter bus that crashed, killing five student baseball players and two others in 2007. The 5-2 ruling issued Dec. 28, 2010, is a victory...
People
Jan 10 2011 // Pennsylvania-based wholesaler USG Insurance Services has named Jason Holloman as property broker specializing in large commercial and CAT-exposed risks. Holloman most recently served as a wholesale property broker with...
Calif. Homeowners Underinsurance Regulations May Require Agent Training
Jan 10 2011 // California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take...
Insurance Industry Outlook Improving Slightly
Jan 10 2011 // The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry...
What Happened in Workers’ Compensation in 2010
Jan 10 2011 // Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial lines including the workers’ compensation industry in 2010, as they did in 2009. Robert...
Multi-State Surplus Lines Tax State Inaction Risks Loss of Premium Tax Revenue
Jan 10 2011 // State Inaction Risks Loss of Premium Tax Revenue The States appear poised, through inaction, to leave untold millions of dollars in premium tax revenue “on the table” when the Nonadmitted Insurance and...
New Jersey Passes Captive Insurance Legislation
Jan 10 2011 // New Jersey will soon allow captive insurers under a bill passed by the state’s legislature and expected to be signed by the state’s governor in the coming weeks. The legislation makes the Garden State a captive...
Okla. Official: Ex-lawmakers May Hold Insurance Department Jobs
Jan 10 2011 // A state law that bars legislators from working for a state agency within two years of leaving office doesn’t apply to two former state legislators hired by the incoming state insurance commissioner, an Oklahoma...
New York Insurers Applaud Plan to Merge State’s Regulatory Arms
Jan 7 2011 // A key trade group for insurers in New York State applauded a proposal by Gov. Andrew Cuomo to merge the state’s insurance regulatory arm into a single agency overseeing insurance, banking and consumer protection. The...
West Virginia Judge Approves DuPont $70 Million Pollution Settlement
Jan 7 2011 // A pollution case involving a former zinc-smelter site in West Virginia has been resolved with DuPont agreeing to pay $70 million plus fund a medical monitoring program for area residents. DuPont and lawyers representing...
Missouri Lawmakers Pledge to Aid Businesses in 2011
Jan 7 2011 // The Missouri Legislature convened its 2011 session on Jan. 5, 2011, with many new faces, a looming budget shortfall and a pledge from the state’s largest Republican majority to make quick progress on a pro-business...
Calif. Commissioner Jones to Enforce Medical Loss Ratio Rule
Jan 5 2011 // Almost immediately after being sworn into office on Tuesday, California Insurance Commissioner Dave Jones signed an emergency order to enforce the medical loss ratio. the MLR rules require insurers to annually disclose the...
Texas Insurance Commissioner Geeslin to Step Down
Jan 5 2011 // Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Geeslin has been with TDI for eight years, and has served...
Top Workers’ Compensation News in 2010
Jan 4 2011 // Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in...
