All the headlines from our Legislation Topic Page, ordered by recency.
Dec 18 2014 // Allianz Group has agreed to sell the U.S. personal lines business of its Fireman’s Fund unit to ACE for $365 million by means of renewal rights arrangement.The merger of the personal lines business with ACE and the...
Dec 18 2014 // XL Group’s Professional Liability arm has released a new Executive and Corporate Securities Liability policy form to protect companies and their directors and officers from what it terms “an increasingly...
Dec 17 2014 // The owners of a multistate chain of nursing homes may have committed fraud by transferring liabilities to a shell company that later lost more than $2 billion in jury verdicts to families who claimed relatives died of...
Dec 17 2014 // A U.S. program that backstops insurance companies’ losses from acts of terrorism is set to end after the Senate didn’t extend it.Efforts to reauthorize the Terrorism Risk Insurance Act for six years fell apart...
Dec 16 2014 // New York City won dismissal of a lawsuit challenging its red-light cameras, the first in the U.S., the day before New Jersey is scheduled to shut down its program.Drivers fined for running traffic lights sued the city in...
Dec 16 2014 // When the U.S. House of Representatives approved a terrorism insurance bill last week, it contained a little-noticed provision that would require at least one member of the Federal Reserve’s board to have community...
Dec 15 2014 // Tracy Morgan has won the latest round in his effort to sue Wal-Mart and others over a fatal crash in New Jersey.A federal judge on Dec. 12 refused to delay the lawsuit. The ruling came on a motion by Kevin Roper, the...
Dec 15 2014 // For the second time in three years, the trucking industry has found a friend in Senator Susan Collins.The Maine Republican got a rider attached to the spending bill approved over the weekend so truckers will no longer have...
Dec 15 2014 // The surging popularity of inexpensive radio-controlled airplanes and helicopters raises risks that require a firm response from regulators to ensure safety, the head of a leading commercial aviation trade group told...
Dec 15 2014 // Historically, U.S. companies doing business in Europe weren’t likely to list environmental litigation among their major concerns. While the United States has boasted a robust regulatory environment for some time,...
Dec 15 2014 // It appears that the insurance industry is having an easier time emerging from the financial crisis than entering the new regulatory environment, particularly as it relates to nonorganic growth. With increasingly healthy...
Dec 15 2014 // Federal emergency officials are taking new steps to address concerns from homeowners still struggling to rebuild after Superstorm Sandy more than two years ago, New Jersey and New York lawmakers announced on Dec. 5.U.S....
Dec 15 2014 // A Utah lawmaker is working on a bill proposing statewide regulations for ridesharing companies like Uber and Lyft.Some say the smartphone app-based companies should follow the same rules as taxi drivers, including...
Dec 12 2014 // Companies that allow drivers to use personal vehicles to transport riders in New Jersey would have to get a state permit and meet safety requirements under state legislation that’s been advanced by a New Jersey...
Dec 12 2014 // The city of Stamford, Connecticut, is trying to shift legal liability in slip-and-fall lawsuits to private property owners.The Stamford Advocate reports that Mayor David Martin has submitted legislation to put legal...
Dec 12 2014 // The House passed a $1.1 trillion spending bill after a day of disarray and just hours before U.S. government funding was set to run out.The vote last night was 219-206. With current government funding ending at midnight,...
Dec 12 2014 // Democratic U.S. Senator Charles Schumer on Thursday called for the U.S. House of Representatives to extend a federal terrorism insurance program by passing a “clean” bill with no controversial extra...
Dec 12 2014 // Commercial drone flights are taking off in other countries while the U.S. lags behind in developing safety regulations that would permit unmanned aircraft operations by a wide array of industries, witnesses told a House...
Dec 12 2014 // Understanding and managing risk is increasingly a critical success factor for financial institutions, according to a report on financial institutions issued by Aon Risk Solutions, the risk management business of Aon...
Dec 11 2014 // Garlock Sealing Technologies LLC, the EnPro Industries Inc. unit that filed Chapter 11 in June 2010 to address asbestos claims, won a long-fought battle with personal-injury claimants when their request to reopen the...