All the headlines from our Legislation Topic Page, ordered by recency.
May 26 2015 // Two New York state lawmakers from Queens have introduced bills to regulate motorized bicycles used commercially with safety and insurance requirements.Sen. Jose Peralta and Assembly member Aravella Simotas propose that the...
May 26 2015 // A hard-fought bill to regulate ridesharing companies such as Uber and Lyft got the green light from Nevada lawmakers in the wee hours of Saturday morning, after weeks of behind-the-scenes negotiations, several public...
May 26 2015 // The New Hampshire Secretary of State’s office could lose its ability to oversee a public risk pool it’s had issues with for years, if a last-minute amendment to the state Senate budget remains in place.The New...
May 26 2015 // A 2003 law capping medical malpractice lawsuit awards at $500,000 can’t be applied retroactively.That’s what the Supreme Court ruled in a Miami-Dade County case in which a woman suffered permanent damage to her...
May 22 2015 // Republican Texas Gov. Greg Abbott has signed into law a prohibition on cities and towns imposing local ordinances preventing fracking and other potentially environmentally harmful oil and natural gas activities.The...
May 22 2015 // A bill to ease regulations across the U.S. financial sector passed a Senate committee on Thursday with no support from Democrats, in a setback to the largest overhaul of 2010 banking reforms since the rules were put in...
May 22 2015 // Uber is operating legally in Portland, for now. A pilot program adopted by the Portland City Council has given transportation network companies the green light to operate for four months, at which time the city council...
May 21 2015 // Steve Wynn’s push for a stronger hand when suing people who badmouth him is being viewed by some, including Yelp Inc., as stacking the deck against free speech.The social media site called on its subscribers to stop...
May 21 2015 // Uber Technologies Inc.’s attempt to replace a patchwork of local rules in Texas with a state law regulating its car-booking business is headed for defeat because lawmakers have yet to act on a key measure with only...
May 20 2015 // Japanese air bag manufacturer Takata Corp. is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, making it the largest automotive recall in American history, U.S. safety regulators said on...
May 20 2015 // Solvency II – all 2000 plus pages of it – has been completed and is slated to go into force as of the first of January 2016. As befits a major reorganization of a major EU industry, it took a long time – eight years...
May 20 2015 // The General Assembly has agreed to put new rules in place targeting people who harm group home residents and increasing responsibilities on those who work at the homes to report abuse they see. The Senate agreed May 14 to...
May 19 2015 // Never let it be said that an exclusion would or could be misapplied; but the absolute pollution exclusion likely qualifies as the most misapplied exclusion within the commercial general liability (CGL) policy. Reasons for...
May 19 2015 // The IRS’s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies’ value.Montpelier Re Holdings Ltd. and Platinum Underwriters...
May 19 2015 // Sarah Goddard, the CEO of the Dublin Insurance Marketing Association (DIMA), organizers of the European Insurance Forum, took time to discuss some of the issues the re/insurance industry faces, now that it has more or less...
May 18 2015 // The Massachusetts Division of Insurance (DOI) issued a bulletin to provide guidance on the implementation of Massachusetts General Laws Chapter 175L, concerning the issuance of certificates of insurance.Chapter 175L was...
May 18 2015 // Chief executive officers and chairmen of some of Europe’s biggest banks and insurance companies called for more studies on the effectiveness and impact of regulation to prevent financial crises.While macroprudential...
May 18 2015 // A new federal lawsuit has been filed involving a 2011 accident at an eastern Idaho nuclear facility that exposed 16 workers to plutonium.The lawsuit was filed Thursday on behalf of Ralph Stanton. It follows up on a 2013...
May 18 2015 // With the long journey towards a unified regulatory system for insurance in the European Union – Solvency II – finally appearing to be near its end, the re/insurance industry has realized that even greater...
May 18 2015 // As Ohio’s lieutenant governor, top insurance regulator and leader of a statewide regulatory reform initiative, it might seem that Mary Taylor’s public responsibilities would often pull in her in conflicting...