Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Pennsylvania Judge Tosses Burned-by-Price-Scanner Suit
Apr 22 2010 // An Erie County, Pennsylvania judge has thrown out a lawsuit filed by the guardian of a 12-year-old girl who claimed the girl was burned and traumatized when a convenience store clerk allegedly aimed a hand-held price...
Judge: Fraud Case Against Ex-AIG CEO Greenberg ‘Devastating’
Apr 21 2010 // New York state prosecutors have “a devastating case” against Maurice “Hank” Greenberg, the former American International Group Inc. chief executive accused of fraud over a reinsurance transaction 10...
Florida CEOs Urge ‘Cost Driver’ Reforms as Legislature Nears End
Apr 21 2010 // The Florida-Based Property Insurers CEO Group, representing 21 carriers, held a media conference today to discuss legislation to address the problems in the state’s property insurance market. The group downplayed the...
Bank Style Regulations Would Raise Insurance Costs, Analyst Says
Apr 21 2010 // Bank style regulation on property/casualty insurers would lead to significant policy error, says a leading insurance industry econmist. “Bank style regulation would needlessly raise insurance costs for hundreds of...
Oklahoma Lawmaker Wants to Send Work Comp Claims to Civil Courts
Apr 21 2010 // Oklahoma State Rep. Ken Luttrell is proposing a complete overhaul of Oklahoma’s worker’s compensation system that would result in sending all workers’ compensation claims to district civil...
Louisiana Bill Would Limit Liability of Mardi Gras Float-Builders
Apr 20 2010 // A bill passed by the Louisiana House to limit the liability of float-builders would damage future attempts for float riders or watchers to sue when parade festivities hurt or kill someone, says a man whose brother died in...
Federal Judge Awards $2.6M in Chinese Drywall Case
Apr 19 2010 // A federal judge in New Orleans has awarded seven plaintiffs from Virginia more than $2.6 million in a consolidated case involving damage to their homes as a result of the installation of substandard drywall from China. In...
Calif. Proposes Agent/Broker Regs to Alleviate Under-Insurance
Apr 19 2010 // To alleviate concerns about homeowner under-insurance, the California Department of Insurance has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations governing standards and training for...
Spring Brings New Crop of Fraud Laws in Northeast
Apr 19 2010 // Fraud bills are blooming like azalea bushes around the East this spring, and statehouses are rife with upside potential for substantive new fraud laws in 2010. This counters the recent logic that many state lawmakers are...
Judge Says Texas Can’t Post Some State Farm Rate Hike Information
Apr 19 2010 // A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site some documents on two rate rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for...
Michigan House Panel Advances Bill on Fremont Insurance Takeover
Apr 19 2010 // Michigan lawmakers are wading into a fight over control of a west Michigan insurance company. The House Insurance Committee has approved legislation that would make it tougher for Biglari Holdings Inc. to take over Fremont...
Florida to Hold Hearing on Federal Healthcare Reform Impact
Apr 19 2010 // Florida regulatory officials are preparing for the implementation of the new healthcare reform law. Florida Insurance Commissioner Kevin McCarty said his Office of Insurance Regulation (OIR) will use a May 4 joint public...
Declarations
Apr 19 2010 // Miner Safety “We know there are things in the law that needed to be improved even before this tragedy. Unfortunately mine health safety laws are passed in the blood of dead miners.” —Aaron Albright, a...
Insurers’ Group Comments on End of Sessions in Maine, Maryland
Apr 15 2010 // The American Insurance Association (AIA) says the P/C industry made some positive legislative steps in Maine and Maryland this year, although the trade group says it was disappointed with a Maryland law that will raise the...
How to Handle Firms ‘Too Big To Fail’ Divides Democrats, Republicans
Apr 14 2010 // U.S President Barack Obama will try to turn up the pressure for an overhaul of Wall Street regulations as he meets Wednesday with top Democratic and Republican lawmakers to discuss a sweeping package of...
Oklahoma Gov. Signs Legislation on Distracted Driving
Apr 14 2010 // Oklahoma Gov. Brad Henry has signed into law a piece of legislation that will allow law enforcement to cite drivers who drive dangerously while using their cell phone, but prohibit them from initiating a traffic stop...
Florida’s Northern Capital to Be Liquidated; All Policies End May 30
Apr 13 2010 // Judge James O. Shelfer of the Second Judicial Circuit Court of Florida has ordered Miami-based Northern Capital Insurance Co. (NCIC) into receivership for the purpose of rehabilitation. At the same time, the court ordered...
Lawsuits Against Toyota Consolidated Under Federal Judge in Los Angeles
Apr 12 2010 // A panel of federal judges Friday consolidated dozens of lawsuits against Toyota Motor Corp. over cars that have raced out of control, assigning them to a single federal judge in Los Angeles. The decision is another step in...
Maryland Lawmakers Ban Hand-Held Phones While Driving
Apr 12 2010 // Maryland drivers will have to use handsfree devices to talk on cell phones while driving under legislation passed by the Maryland General Assembly on Friday. The House of Delegates voted 125-14 to pass a measure already...
Senate to Consider Restarting Flood Insurance Program Today
Apr 12 2010 // Congress today could advance a provision reinstating the flood insurance program as part of a bill extending unemployment benefits and subsidies for COBRA health insurance premiums. The Senate is scheduled to vote on...
