All the headlines from our Legislation Topic Page, ordered by recency.
Jan 23 2017 // Setting the Tone“New York, like California, Illinois, Delaware and a few other states often sets the tone for development of regulation and law. There is no reason other states won’t follow suit, especially in...
Jan 23 2017 // Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according to a report published...
Jan 23 2017 // Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and the new U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a...
Jan 23 2017 // The United States District Court for the Eastern District of Pennsylvania in December ruled that Evanston Insurance Co. is not obligated to defend Tri-Arc Financial Services Inc. in an underlying lawsuit because of an...
Jan 23 2017 // The New York State Department of Financial Services has updated its proposed cybersecurity regulation to protect New York State from the threat of cyber-attacks.The proposed regulation, which serves as the first of its...
Jan 23 2017 // New York State’s Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses employing people...
Jan 23 2017 // Ryan Specialty Group LLC has named Charlie Rosson senior vice president.Rosson is based in San Francisco, Calif. He will work to develop RSG penetration with brokers on a national basis. He has 23 years of experience in...
Jan 23 2017 // A state regulation that took effect Jan. 1 requires Oregon construction contractors to make sure workers are protected from falls if work is done six or more feet above a surface.The Oregon Occupational Safety and Health...
Jan 23 2017 // Soon after Donald Trump was sworn in as president, his administration undid one of Barack Obama’s last-minute economic-policy actions: a mortgage-fee cut under a government program that’s popular with...
Jan 22 2017 // The Trump administration may stop enforcing the Obamacare requirement that most Americans carry health insurance even before Congress repeals the law, Kellyanne Conway, a top adviser to the new president, said in...
Jan 20 2017 // A Massachusetts appeals court used a recent case to warn auto insurers that it is important to take retail book value into consideration early in the settlement process.While the court ruled in favor of defendant...
Jan 20 2017 // Fairfax Financial Holdings is in early talks to sell 25 percent of India’s largest private general insurer ICICI Lombard in a deal that could fetch up to $1 billion, as the Canadian firm looks to cash out and start a...
Jan 20 2017 // The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any resultant economic downturn. However, A.M. Best does not anticipate taking any rating...
Jan 20 2017 // Soft market conditions have replaced regulation and compliance as the main factor affecting growth for UK managing general agents (MGA) in 2017, said a survey of members of the London-based Managing General Agents’...
Jan 20 2017 // A federal appeals court on Thursday rejected former Massey Energy Co Chief Executive Officer Donald Blankenship’s bid to overturn his conviction and one-year prison sentence related to his role in a 2010 West...
Jan 19 2017 // Oklahoma State Rep. Jason Dunnington has filed legislation that he says would generate more than $500 million in recurring revenue.Oklahoma is facing severe budget constraints, partly due to reduced energy industry...
Jan 19 2017 // Workers’ compensation, commercial insurance purchasing rules and auto insurance verification are among key challenges for insurers in Illinois legislative session, a national insurance trade organization...
Jan 19 2017 // Oklahoma Insurance Commissioner John D. Doak says microinsurance, the ability to sell health coverage across state lines and increased use of health savings accounts are ideas that should be looked at as lawmakers move...
Jan 19 2017 // Arkansas Insurance Commissioner Allen Kerr has been named vice-chairman of the Market Regulation and Consumer Affairs (D) Committee of the National Association of Insurance Commissioners (NAIC).In a statement released by...
Jan 19 2017 // More than 21,000 Marlboro Lights smokers and their attorneys will receive a portion of $29.1 million from a lawsuit settlement fund approved by an Arkansas judge.A Pulaski County Circuit judge approved the payment on Jan....