Latest Legislation Headlines

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

With Rate Hikes Looming, Florida Weighs Private Flood Insurance Options

Oct 11 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers.Industry experts, however, say...

Judge Temporarily Halts New York AG Suit Against Greenberg

Oct 11 2013 // Former American International Group (AIG) Chief Executive Maurice “Hank” Greenberg on Thursday won a short reprieve from New York’s case accusing him of orchestrating sham transactions at AIG.State...

Connecticut Police Use New Law to Target Distracted Driving

Oct 11 2013 // Connecticut Police are cracking down on motorists who text or use a hand-held cellphone while driving.Authorities call it “high-visibility enforcement” intended to call attention to a state law that took effect...

Judge Blocks Tennessee Rules on Health Navigators

Oct 10 2013 // A federal judge has blocked the state of Tennessee from enforcing emergency rules for people who advise others about the new health insurance exchange.The Tennessean reported that U.S. District Judge Todd Campbell issued a...

Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad

Oct 10 2013 // Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability exposures in the global marketplace, including China, Brazil, Mexico, Japan and India....

Colorado Flood Spills Spur Review Of State Plans For Oil

Oct 9 2013 // As floodwater started to rise Sept. 11, some oil and gas operators began shutting wells and securing facilities. It would be five days before state regulators announced their own plans.“Did the state have a disaster...

Top 10 Market Conduct Complaints by Regulators Against P/C Insurers

Oct 9 2013 // Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new report.Waltham,...

Shutdown Sidelines Safety Inspectors of Workplaces, Mines, Nursing Homes and More

Oct 9 2013 // The partial shutdown of the U.S. government has sidelined thousands of inspectors who monitor everything from air and water pollution to safety hazards at factories and the condition of nursing homes.Federal law requires...

Montana Judge Explains Verdict Reversal in Insurance Case

Oct 8 2013 // A U.S. District Court judge has explained why he vacated the fraud conviction of a former Miss Montana who was charged with misrepresenting her housing conditions to an insurance company while her historic mansion was...

Rhode Island Lawmakers to Review Rising Sea Levels

Oct 8 2013 // Rhode Island’s state lawmakers plan to review the effects of climate change and rising sea levels are having on Rhode Island. The House Environmental and Natural Resources Committee plans to hear a presentation on...

Florida Welcomes Era of Workers’ Compensation Market Stability

Oct 8 2013 // Florida’s workers’ compensation system has reached a rare state of rate stability, according to insurers and officials.The agency, the National Council on Compensation Insurance, filed for a one percent...

New York Bans Fund Manager Falcone From Insurance Unit

Oct 7 2013 // Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity & Guaranty Life Insurance, a unit...

Mississippi Judge Faces Fine Over Asbestos Case

Oct 7 2013 // The Mississippi Supreme Court has ordered a public reprimand and fine for a judge who was accused of failing to disclose a potential conflict in a Smith County asbestos case that resulted in a $322 million verdict.In May...

Insurers Hope Court Decides Soon on Florida PIP Reforms

Oct 7 2013 // Florida automobile insurers are hoping a court will lift an injunction that has blocked portions of the state’s 2012 no-fault law from taking effect.Florida’s First District Court of Appeals recently heard oral...

Workers’ Comp Costs Could Rise for Missouri Businesses

Oct 7 2013 // Missouri businesses could face significantly higher costs for workers’ compensation insurance next year, due partly to a new law that seeks to shore up a financially troubled state fund for disabled...

EU-U.S. Trade Talks Halted by Shutdown, Complicated by Financial Services Rift

Oct 6 2013 // Even before the cancellation of the latest round of EU-U.S. talks, negotiations to create the world’s largest free-trade deal were getting into difficulty territory.France won a concession to leave European movies...

Stakeholders to TDI: Not So Fast on Marketplace Navigator Rules

Oct 4 2013 // State lawmakers and representatives from health insurance marketplace navigator organizations are questioning both the timing of an effort by Texas regulators to craft rules regarding navigators and the need for rules that...

What to Know About NARAB or National Producer Licensing: Bissett of Big ‘I’

Oct 3 2013 // If and when the federal government resumes operations, a multistate producer licensing reform bill long pushed by the country’s insurance agent lobby could be among the few bipartisan pieces of business Congress...

Florida Medical Malpractice Consent Rule Preempted By Federal Law, Says Judge

Oct 2 2013 // A federal judge has struck down a key Florida medical malpractice law that required a patient to allow a defending physician’s attorney to informally discuss the case with the patient’s other health care...

Homeowner Fees Recommended To Address Colorado Fires

Oct 2 2013 // Colorado homeowners living in high-risk wildfire areas should be charged fees, and officials need to adopt statewide building requirements to address destructive fires, according to recommendations Monday from a group...