Latest Legislation Headlines

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

60% of P/C Execs See 2016 Much Like 2015; 55% Expect Democrat to Win White House

Jan 13 2016 // Leaders of the property/casualty insurance industry expect 2016 to be a profitable year much like 2015 but do not see any increase in profitability this year for most lines of insurance, and they do not expect the economy...

A.M. Best Restructuring Separates Ratings Services from Publications

Jan 13 2016 // Citing increased regulation of credit rating services and heightened competition in information services, A.M. Best has restructured its operations to separate its rating and research services from its publications and...

Expert Sounds off on Legal, Insurance Issues of Self-driving Cars

Jan 12 2016 // Editor’s note: To hear the full interview click on the podcast above or visit www.insuarncejournal.tv.Hilary Rowen, a partner in the law firm of Sedgwick LLP in Sacramento, Calif., for the last three years, has been...

Obama Nominates 4 to NARAB National Producer Licensing Governing Board

Jan 12 2016 // President Barack Obama has nominated four individuals to sit on the 13-member governing board of a new national insurance producer licensing system. They are state insurance regulators from South Carolina and Minnesota and...

Dwyer Named Rhode Island’s Superintendent of Banking and Insurance

Jan 12 2016 // The Rhode Island Insurance Division, part of the Department of Business Regulation, announced that the Insurance Division’s Associate Director Elizabeth Kelleher Dwyer has been named Rhode Island’s...

Your Boss Can Snoop on Your Personal E-Mails, European Court Rules

Jan 12 2016 // Bosses can snoop on workers’ e-mails including personal messages with loved ones during working hours, the European Court of Human Rights ruled in a case brought by a Romanian man who claimed he was unfairly fired...

15 State AGs Join Federal Antitrust Probe of Giant Health Insurers’ Mergers: Reuters

Jan 12 2016 // About 15 state attorneys general have joined the Justice Department’s probe of two big insurance mergers, according to people familiar with the matter, increasing the scrutiny on proposed deals that would reduce the...

North Carolina Cracks Down on Employers Lacking in Workers’ Comp Coverage

Jan 12 2016 // The commission responsible for enforcing workers’ compensation laws in North Carolina has cracked down in the last year on employers who don’t carry proper insurance, collecting $1 million in civil fines from...

Judge: Iowa Must Pay Nearly $1M in DNR Worker’s Disability Suit

Jan 11 2016 // The state must pay nearly $1 million after losing a discrimination lawsuit filed by a longtime Iowa Department of Natural Resources employee who said he was fired because he sought disability accommodations for a job...

The Changing Surplus Lines Landscape in California and Beyond

Jan 11 2016 // The changing excess and surplus insurance landscape was an oft discussed topic on Monday, with experts describing the challenges and opportunities going forward.“The business that we have and the risk we see is going...

New Jersey Gov. Christie Signs Certificates of Insurance Bill

Jan 11 2016 // New Jersey Gov. Chris Christie’s office announced that the governor signed the Certificates of Insurance Act (S-3270/A-4705) into law Monday.The new law will govern the use of certificates of insurance, making it...

Federal Judge: Monkey Cannot Own Copyright of Selfie Photos

Jan 11 2016 // A macaque monkey who snapped clear, perfectly framed selfies that would have made the Kardashians proud still cannot own a copyright to the photos because it’s an animal, not a human, a federal judge in San Francisco...

China’s Cabinet to Take Greater Role in Financial Markets Oversight: Source

Jan 11 2016 // China’s cabinet is set to take on a bigger role in overseeing financial markets, as perceived missteps by existing regulators fuel concerns globally that Beijing may lose its grip on economic policy with growth at...

Stage Set for Another Banner Year for Independent Agents

Jan 11 2016 // The Big “I” is very pleased that 2015 yielded a number of legislative successes.Early in 2015, the association scored a tremendous double victory when Congress acted on both the National Association of...

New Look in Franchise Liability

Jan 11 2016 // Businesses known for their uniforms are worried about lawyers in business suits in the wake of a change in the nation’s labor laws affecting their liability for employment practices.The change could unravel the...

Florida Lawmakers to Industry: We Want YOU to Join State Flood Insurance Market

Jan 11 2016 // We think the time is right for you all to explore the [Florida] flood insurance market.”That was the message Florida Senator Jeff Brandes gave insurance industry attendees at the first ever Florida Flood Insurance...

Obama Vetoes Republicans’ Repeal of Affordable Care Act

Jan 10 2016 // President Barack Obama vetoed a measure to repeal most of his signature healthcare law on Friday, releasing a statement that extolled the virtues of his biggest domestic policy achievement while excoriating Republicans for...

Industry Reacts to McCarty Resignation, Contemplates His Next Move

Jan 8 2016 // Insurance industry reactions to Florida Insurance Commissioner Kevin McCarty’s decision to resign have been rolling in since the long-time state regulator announced Jan. 5 that he would step down from his position...

McCarty Replacement Rumors Start Swirling; Successor Has ‘Huge Shoes to Fill’

Jan 8 2016 // Florida Insurance Commissioner Kevin McCarty’s successor has yet to be announced, but whoever takes over will have his or her work cut out for them when McCarty leaves office after 12 years on May 2.“These are...

Ex-LA Times Columnist’s $7.1M Award Tossed by Judge

Jan 8 2016 // A judge has thrown out a $7.1-million jury award to former Los Angeles Times sports columnist T.J. Simers, who claimed he was forced to quit because of age and health discrimination.A judge stripped $2.1 million Simers was...