Latest Legislation Headlines

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

First Domestic Run-Off Insurance Carrier Granted License by Rhode Island

Mar 30 2017 // ProTucket Insurance Company has become the first Rhode Island domestic insurer to be formed specifically for providing run-off portfolio transfer solutions. The move has been made possible under new state legislation which...

Exxon Dealt a Blow as Texas Judge Sends Climate Suit to New York

Mar 30 2017 // Exxon Mobil Corp.’s attempt to derail a multistate fraud probe into whether the company fully disclosed to investors the financial risks of climate change was dealt a major blow after a Texas judge moved the case...

Judge to Hear Objection to Trump University’s $25 Million Settlement

Mar 30 2017 // A U.S. judge will hear arguments on Thursday over whether to grant final approval to a $25 million settlement of fraud lawsuits against President Donald Trump over his Trump University real estate investment seminars, with...

Alaska Workers’ Comp Reform Has Labor, Businesses Disagreeing

Mar 29 2017 // Alaska Gov. Bill Walker is sponsoring workers’ compensation legislation aimed at making it easier to determine whether someone is an employee or an independent contractor.Walker’s bill creates a new definition...

Self-Driving Car Crash in Arizona A Reminder about Regulation Challenges

Mar 29 2017 // A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the...

Anbang Insurance, Kushner End Manhattan Talks as Lawmakers Cite Conflicts

Mar 29 2017 // China’s Anbang Insurance Group Co. and a company co-owned by the family of President Donald Trump’s son-in-law Jared Kushner have ended talks to redevelop a Manhattan office tower, a deal that had drawn...

Republicans Ask Treasury to End ‘Too Big To Fail’ Process for Non-Banks

Mar 29 2017 // Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial system, arguing it has led to substantial regulatory costs.The Financial Stability...

Trump Moves to Undo Federal Climate Change Policies

Mar 28 2017 // President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally...

Obamacare Explosion More Like a Slow Burn for Now

Mar 28 2017 // U.S. President Donald Trump said on Friday that Obamacare was “exploding” after Republican lawmakers shelved legislation that would have dismantled the healthcare law.That’s not going to happen this...

Montana Lawmakers Table Privatization of $1.6B Workers’ Comp Fund

Mar 27 2017 // Montana lawmakers have tabled a proposal seeking to dismantle and privatize the state’s massive workers’ compensation system, saying the matter is too daunting to take up in the waning days of the legislative...

Vermont Lawmakers Say Businesses Should See $28M Reduction in Expenses

Mar 27 2017 // Vermont businesses should see a $28 million reduction in expenses this year from lower workers’ compensation and unemployment insurance costs.Democratic House Speaker Mitzi Johnson tells the Rutland Herald the state...

How Republicans Can Unravel Obamacare Without Repealing It

Mar 27 2017 // Republicans may have failed to overthrow Obamacare last week, but there are plenty of ways they can chip away at it.The Trump administration has already begun using its regulatory authority to water down less prominent...

Amended Iowa Workers’ Comp Overhaul Advanced to Senate

Mar 24 2017 // Republicans in the Iowa House passed a bill to overhaul how workers in the state are compensated for on-the-job injuries, though they backed off some key proposals amid internal concern over the extent of the changes.The...

Trump Ends Negotiations, Demands Vote on Republican Healthcare Bill

Mar 24 2017 // The Trump administration doubled down on its demand that House Republican leaders hold a vote Friday on their embattled healthcare bill without any changes and with lingering uncertainty about whether they have enough...

How Insurance Markets Could Be Affected If GOP Reduces Essential Benefits

Mar 24 2017 // Rules on what benefits health insurance plans must cover have become a major negotiating point as Republicans wrangle votes to repeal Obamacare, even though removing the regulations is likely to upset U.S. insurance...

UK Finance Firms ‘Not Crying Wolf’ in Concerns About Loss of EU Passports

Mar 24 2017 // One afternoon in mid-January, Prime Minister Theresa May walked into a meeting room in the Swiss resort of Davos to face Wall Street’s most powerful bankers.May had delivered her vision two days earlier for pulling...

Appeals Court Rules Florida Dairy OK to Label Skim Milk as ‘Skim Milk’

Mar 24 2017 // A small, all-natural dairy isn’t being deceptive when it calls its skim milk “skim milk,” a federal appeals court has ruled – a victory for a Florida creamery that fought the state’s demand to...

Tennessee Lawmakers Reject Bill Shielding Drivers Who Hit Protesters

Mar 24 2017 // A Tennessee committee has voted down a bill to protect drivers from lawsuits if they hit protesters who are blocking traffic.On Wednesday, the House Civil Justice Subcommittee voted against the legislation by Republican...

New Arkansas Law Expands Where Concealed Guns Allowed

Mar 23 2017 // Arkansas’ governor has signed a sweeping gun rights measure into law that will allow concealed handguns at state colleges, some bars, government buildings and even the state Capitol.The measure approved by Republican...

Update: EU Weighs Lowering Regulatory Requirements for Fintech Firms

Mar 23 2017 // The European Commission could introduce EU passporting and lower regulatory requirements for financial technology firms, moves that could undercut London’s leading position in “fintech” as Britain gets...