Latest Legislation Headlines

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

TWIA Legislative Recommendations Address Funding, Depopulation

Jan 26 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...

Report Card Rates States on Insurance Regulation

Jan 26 2015 // Vermont gets a grade of “A+” and California and North Carolina get grades of “F” in the annual report card on state insurance regulation issued by the free market think tank, The R Street...

Ballinger on Growth, Professionalism in Texas Surplus Lines Market

Jan 26 2015 // Phil Ballinger retired at the end of December 2014 as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), a post he’s held for more than two decades.During his tenure at SLSOT, the organization...

How States Rate on Insurance Regulation, ‘A’ to ‘F’

Jan 26 2015 // Vermont gets a grade of “A+” and California and North Carolina get grades of “F” in the annual report card on state insurance regulation issued by the free market think tank, The R Street...

Florida PIP Report Shows Reduction in Rates and Fraud

Jan 26 2015 // Florida’s attempt to lower the cost of personal injury protection (PIP) automobile coverage is progressing as insurers’ rates have declined due in part to lower losses and fewer fraudulent claims.The Florida...

Report Card Rates States on Insurance Regulation

Jan 26 2015 // Vermont gets a grade of “A+” and California and North Carolina get grades of “F” in the annual report card on state insurance regulation issued by the free market think tank, The R Street...

Insurance Groups Criticize Mass. Rideshare Regulations

Jan 26 2015 // Insurance industry associations say Massachusetts’ newly developed rideshare regulations are vague and woefully deficient in addressing the insurance concerns.The regulations, crafted by Massachusetts Department of...

N.Y. Assembly Speaker Silver Accused of Running 15-Year Graft Scheme

Jan 23 2015 // New York Assembly Speaker Sheldon Silver reaped millions of dollars in kickbacks in a 15-year conspiracy that involved medical referrals, real estate developers and law firms, the U.S. said.Silver, 70, used his position to...

Mississippi Residents, Lawmakers Pushing Bill to Disclose Insurance Costs by Area

Jan 23 2015 // A group of lawmakers and residents from the Mississippi Gulf Coast are again pushing a bill that would require insurance companies to disclose, by geographic area, how much they are charging to insure property.The idea,...

Consumer Group Urges Florida to Keep McCarty as Commissioner

Jan 23 2015 // A national consumer group is urging Florida to keep its current insurance regulator, a man the group says is one of the best regulators in the country but who is rumored to be under pressure to resign by the Scott...

Legislative Focus for Texas Windstorm Insurer: Funding, Depopulation

Jan 22 2015 // The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with...

Cyber Attack Retaliation Is Government’s Job: Poll

Jan 22 2015 // At a time when most people aren’t confident their workplace is safe from a hacking attack, respondents to the Bloomberg Global Poll are more certain about one thing: Vengeance is not mine.Companies shouldn’t...

Cybersecurity Is Corporate America’s Job

Jan 22 2015 // Barack Obama wants to prod corporations into addressing their cybersecurity weaknesses and he used his State of the Union speech last night to do just that.Obama also placed responsibility for inaction and any damage from...

McCarty Deserves Some Credit for Stabilizing Florida Market

Jan 21 2015 // Testifying this week before the Florida House Insurance and Banking Subcommittee, Office of Insurance Regulation Deputy Chief of Staff Monte Stevens echoed much of what has been reported in recent months about...

California Court Rejects Insurance Challenge to Prop. 103

Jan 21 2015 // The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs...

Penn. Insurance Dept.: 2014 Was a Banner Year for Consumer Protection

Jan 21 2015 // The Pennsylvania Insurance Department said 2014 was a banner year for consumer protection. The department said its Office of Market Regulation concluded 2014 by collecting more than $4 million in penalties and fines and...

Federal Judge Allows N.J. Town’s Dune Construction Plan to Proceed

Jan 21 2015 // A federal judge ruled on Jan. 15 to let a beach replenishment project proceed — for now — over the objections of a Jersey shore town that does not want the sand piles.Judge Renee Marie Bumb decided that neither...

Insurance Groups Criticize Massachusetts Rideshare Regulations

Jan 20 2015 // Insurance industry associations say Massachusetts’ newly developed rideshare regulations are vague and woefully deficient in addressing the insurance concerns.The regulations, crafted by Massachusetts Department of...

Florida Insurance Commissioner McCarty’s Reappointment in Doubt

Jan 20 2015 // Florida’s insurance regulator’s tenure could be coming to an end after more than a decade as the newly re-elected governor looks to shake up his administration by replacing the heads of state agencies.Rumors...

Republican Lawmakers in Missouri Considering Lawsuit Caps Again

Jan 20 2015 // Nearly a decade after Missouri last limited some civil lawsuit awards, Republican lawmakers are organizing to reinstate caps overturned by the state’s highest court.Businesses can now face lawsuits with unlimited...