Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

Oversight Panel Makes No Changes in Systemic Risk Tags on Insurers

Sep 25 2017 // A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems “systemically important.”The Financial...

Federal Judge Tentatively Approves West Virginia Chemical Spill Settlement

Sep 25 2017 // A federal judge has tentatively approved a revised settlement to a class-action lawsuit over a West Virginia chemical spill that left up to 300,000 people without tap water for up to nine days.U.S. District Judge John...

Judge Tosses One Michigan ‘Halal Pepperoni’ Lawsuit Against Little Caesars

Sep 24 2017 // A judge dismissed a $100 million lawsuit against Little Caesars Pizza that alleged that pork was sold as “halal pepperoni” at a restaurant in a Detroit suburb that has a large Muslim population.Wayne County...

Ohio Increases Fines Against Pipeline Developer to $2.3M

Sep 22 2017 // Ohio’s environmental regulators have more than doubled the proposed fines against a company building a natural gas pipeline from West Virginia to Michigan, saying the two sides are at an impasse.The fines now stand...

U.S. and EU Sign Covered Agreement on Insurance Regulation

Sep 22 2017 // The United States and European Union have scheduled a ceremony for today for the signing of a bilateral agreement on prudential insurance and reinsurance measures.Both sides announced in July their intention to sign the...

Judge Dismisses Challenge to Kentucky Medical Marijuana Ban

Sep 22 2017 // Kentucky’s ban on medical marijuana has survived an initial test in court, with a judge ruling Wednesday that the state has a good reason to “curtail citizens’ possession of a narcotic, hallucinogenic...

States Need Better Protections for Insurance Consumers in Natural Disasters: Rutgers Report

Sep 21 2017 // As homeowners continue to file insurance claims in the wake of Hurricanes Harvey and Irma, a research report released by the Rutgers Center for Risk and Responsibility at the Rutgers Law School in Camden, N.J., suggests...

Allstate Would Consider Selling Private Flood Insurance If Federal Program Is Revamped

Sep 21 2017 // Allstate Corp.’s Chief Executive Officer Tom Wilson on Tuesday called on U.S. lawmakers to overhaul a government subsidized flood insurance program, calling for a more streamlined system that does not overburden...

Insurers Oppose Latest Republican Obamacare Repeal Effort

Sep 21 2017 // Insurance-industry groups said Wednesday that they oppose a Republican proposal to repeal and replace the Affordable Care Act, joining health-care providers in asking Senators to reject the bill.America’s Health...

Iowa Workers’ Comp Rate to Drop in 2018; Debate On as to Why

Sep 19 2017 // Iowa’s governor and the organization that sets workers’ compensation rates are disputing whether a new law influenced a recent rate reduction in premiums for employers.The National Council on Compensation...

New York’s Cuomo Proposes Regulation in Wake of Equifax Security Breach

Sep 19 2017 // In response to the recent cyberattack that exposed the personal private data of nearly 150 million consumers nationwide, New York Governor Andrew M. Cuomo has directed the New York Department of Financial Services (DFS) to...

Autonomous Vehicle Regulation Highlights Federal vs. State Divide

Sep 19 2017 // As the U.S. Congress moves quickly to pass the first federal law governing self-driving cars, some state and city officials are pushing back over fears that the measure will limit their ability to regulate vehicle safety...

Iowa Judge: ‘Shadow Insurance’ Documents Are Confidential

Sep 18 2017 // An Iowa judge has ruled that the details of “shadow insurance” subsidiaries created by several life insurers can remain confidential.Indiana University professor emeritus Joseph Belth sought the documents last...

Audi Goes Full Speed on Automated Driving, While Competitors Wary of Liability, Regulation

Sep 18 2017 // German carmaker Audi is taking a lead in bringing more automated driving to roads, but rivals seem in no rush to follow while legal and regulatory uncertainties still cloud the technology.At the Frankfurt car show, Audi...

Researcher Says Some Auto Insurers Illegally Overcharge Michigan Women

Sep 18 2017 // A group defending Michigan’s auto insurance system says it has uncovered instances of insurers illegally selling more expensive policies to women and widowed drivers, raising questions about state oversight of rating...

Mixed Messages Sent Over Texas’s New Cat Claims Statute

Sep 18 2017 // Ambiguity surrounding a Texas law that went into effect on Sept. 1 had insurance industry representatives and attorneys who represent insurance policyholders issuing conflicting messages to insureds who may have suffered...

Delaware Updates Law to Address Advances in Cyber Threats

Sep 18 2017 // Delaware Governor John Carney has signed into law House Substitute 1 for House Bill 180, legislation that provides the first updates in Delaware law to address advances in cyber threats in more than a decade.The...

Why the Federal Flood Program Is Sinking Deeper into Debt: CBO Report

Sep 18 2017 // The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey.The National Flood Insurance Program (NFIP) is currently on a path that...

Brokers Keep Trucking Market Motoring Despite Insurer Exits

Sep 18 2017 // Trucking serves as a barometer of the U.S. economy, representing 70.6 percent of all domestic freight transportation tonnage and $676 billion, or 79.8 percent,of transportation revenues in the country.Despite the...

Arizona Supreme Court Won’t Review Lower Court Ruling on Medical Marijuana

Sep 15 2017 // The Arizona Supreme Court is letting stand a lower court’s ruling that the state’s medical marijuana law is constitutional in requiring counties to approve reasonable zoning regulations.Maricopa County Attorney...