Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
Declarations
Apr 20 2009 // Chinese Drywall Concerns “I believe you’re going to see this is widespread. Anytime you have mounting evidence of potentially toxic goods you have an obligation to act quickly to protect...
Colorado Senate Panel Looks at Workers’ Comp to Fund Higher Ed
Apr 20 2009 // Colorado lawmakers are looking at a plan to take $500 million from the state-created workers’ compensation insurance company to reverse deep cuts in higher education. The Senate Appropriations Committee reviewed the...
Colorado Defeats Unfair Claims Settlement Practices Bill
Apr 20 2009 // Colorado lawmakers voted down SB 103, the Unfair Claims Practices Act. The legislation was killed in the House Health and Human Services Committee in a 6-5 vote. The bill would have “defined as an unfair claim...
Too Big to Fail
Apr 20 2009 // How the Feds Can Address Systemic Risk Without Creating More Bureaucracy America’s market-based economic system once created the largest economic engine in the world and gave this country one of the highest standards...
Colo. Democrats Offer Alternate Budget Cuts
Apr 17 2009 // Democratic legislators in Colorado are offering an alternate package of budget cuts to avoid eliminating $300 million in funding to state colleges and universities, according to plans obtained by The Associated Press. The...
Insurers Violated Maryland Regulations
Apr 17 2009 // A year-long investigation by the Maryland Insurance Administration has found that 67 of the state’s 119 car insurers underpaid claims, Commissioner Ralph S. Tyler said State regulators have fined the companies a...
U.S. Lawmaker Urges AIG CEO Liddy to Quit Over Goldman Sachs Stake
Apr 17 2009 // A U.S. congressman Thursday expressed concern about a stake in Goldman Sachs Group Inc. held by Edward Liddy, CEO of bailed-out insurer American International Group Inc., and urged him to quit. Liddy owns shares and...
Texas Bill Aims to Reverse State High Court Ruling in Work Comp Case
Apr 17 2009 // Texas lawmakers, unhappy with a recent state Supreme Court decision in a high profile workers’ compensation case, have passed out of committee a measure its sponsors say will overturn the Court’s ruling in...
Consumer Advocates Wary of Federal Insurance Regulation Plans
Apr 16 2009 // Some of the nation’s insurance consumer advocates are wary of current proposals for federal regulation of insurance being passed around in Washington. They prefer taking their chances with an imperfect state...
Minnesota Considers Bill That Would Allow Recovery of Interest, Attorney Fees
Apr 15 2009 // Minnesota lawmakers are considering a bill that would allow for recovery of interest and attorney fees for breach of an insurance policy. If passed, SF 528 would allow “an insured who prevails in any claim against an...
Hawaii Commissioner: State Based Insurance Regulation Works
Apr 13 2009 // There’s a need for state-based insurance regulation, according to Hawaii Insurance Commissioner J. P. Schmidt. Speaking to professors and experts in finance from around the world in his keynote speech at the 16th...
Colorado Defeats Unfair Claims Settlement Practices Bill
Apr 10 2009 // Colorado lawmakers voted down SB 103, the unfair claims practices act. The legislation was killed in the House Health and Human Services Committee in a 6-5 vote. The bill, if it had passed, would have “defined as an...
Lawmakers Won’t Bail Idaho Workers’ Comp Fund Out of ‘Pickle’
Apr 10 2009 // Idaho’s Senate Commerce and Human Resources Committee voted 5-4 on April 7 to kill a bill that trial lawyers insisted was aimed at scuttling their three-year-old class-action lawsuit against the Idaho State Insurance...
Pinnacol Exploring Ways to Help Colorado Budget
Apr 10 2009 // Pinnacol Assurance is exploring ways it could use its $2 billion in assets to voluntarily help the state balance its budget even as the state-created insurance company fights legislation that would hand over control of its...
Defamation Award Reviewed over Crooked Pennsylvania Judges’ Role
Apr 10 2009 // A $3.5 million defamation verdict against The Citizens’ Voice. newspaper will be reviewed because of the role in the case played by two former judges at the center of a juvenile justice scandal, the Pennsylvania...
U.S. Lawmakers Seek Ban on Tainted Chinese Drywall
Apr 10 2009 // U.S. Sens. Bill Nelson, D.-Fla., and Mary Landrieu, D.-La., have filed legislation for a recall and immediate ban on tainted building products from China, as more and more people around the country are reporting problems...
Texas Senate Dems Block Insurance Department Sunset Legislation
Apr 10 2009 // Democrats in the Texas Senate have moved to block key insurance legislation as they push for more consumer protections and lower homeowner rates. Using filibuster rules, Democrats refused to allow debate on a measure...
Judge Blocks Michigan’s Challenge to Insurance Rates with Credit Scores
Apr 10 2009 // Barry County Circuit Judge James Fisher issued an injunction on Friday, April 10, preventing Michigan insurance regulators from challenging insurance companies’ home and auto insurance rate filings that use credit...
Push for Transgender Protection Grows in New England
Apr 9 2009 // For Ethan St. Pierre, allowing someone who is biologically female but self-identifies as male to use the men’s bathroom is a no-brainer. “Look at me,” said St. Pierre, who was born a woman but is now a...
Florida Lawmaker Chides Lobbyist during Committee
Apr 8 2009 // A hurricane insurance bill that would help Florida reduce its multibillion-dollar exposure in the state’s tenuous insurance market moved through a Senate committee Monday — with sparks flying. The Senate...
