All the headlines from our Legislation Topic Page, ordered by recency.
Aug 12 2013 // Florida’s insurance regulator, in response to questions why lower reinsurance costs have not translated into reduced homeowners rates, said insurers have significant leeway in how they incorporate those costs into...
Aug 12 2013 // Spokesmen for the leaders of Oklahoma’s House and Senate said the lawmakers want the governor to call a special session “sooner rather than later” so that the Legislature can consider restoring laws...
Aug 12 2013 // A federal judge Friday dismissed Kmart’s claims against the city of Corinth over flood damage to one of the chain’s stores in 2010.U.S. District Judge Glen H. Davidson ruled that the city is entitled to...
Aug 9 2013 // Florida’s top financial officer is questioning regulators on why reports of significantly lower reinsurance costs worldwide are not translating into reduced premiums for homeowners around the state.Chief Financial...
Aug 9 2013 // Weeks of revelations about secret U.S. surveillance programs could stymie progress on negotiations over new laws and regulations meant to beef up the country’s defenses against the growing threat of cyber attacks,...
Aug 8 2013 // Yesterday, Florida Chief Financial Officer Jeff Atwater penned a letter to Insurance Commissioner Kevin McCarty inquiring why property insurance rates continue to rise even as the cost of reinsurance falls.Atwater...
Aug 8 2013 // Gun manufacturer Remington has asked a federal judge to dismiss a proposed class-action lawsuit by Montanans who bought a type of rifle that can reportedly misfire without the trigger being pulled.Allen Bowker and Eric...
Aug 7 2013 // The Workers’ Compensation Insurance Rating Bureau’s Governing Committee voted unanimously on Wednesday to authorize the WCIRB to file an advisory pure premium rate for 2014 of $2.62 per $100 of payroll, 3.4...
Aug 7 2013 // The wife of a man convicted of bilking millions of dollars out of people in North Dakota, South Dakota, Minnesota and elsewhere in an investment fraud scheme cannot collect proceeds from his insurance policy, a federal...
Aug 7 2013 // Florida Gov. Rick Scott is appointing maverick legislator Mike Fasano to the position of Pasco County tax collector.The governor’s office said that Scott had appointed Fasano, R-New Port Richey, to the job on...
Aug 5 2013 // The Financial Stability Oversight Council (FSOC) designated AIG as a Systemically Important Financial Institution (SIFI) after determining that “material financial distress at AIG could pose a threat to U.S....
Aug 5 2013 // Rhode Island Gov. Lincoln Chafee recently signed into law a bill (HB 5263/SB 465) that would prevent insurers from declaring a vehicle a total loss if the vehicle can be restored to its pre-accident condition at a cost...
Aug 5 2013 // The Obama Administration’s recent decision to delay implementation of the Employer Mandate and reporting requirements in the Affordable Care Act should be viewed as a welcomed move.Namely, it’s an opportunity...
Aug 5 2013 // Florida’s high court has ruled that insurers under a 2008 law must pay a contractor’s overhead and profit as part of the expense of repairing a homeowner’s property despite repairs not having been...
Aug 1 2013 // A lawsuit by 11 states and a Texas bank challenging the Dodd-Frank law’s financial regulation overhaul was dismissed by a federal judge.U.S. District Judge Ellen Segal Huvelle in Washington Thursday ruled that the...
Aug 1 2013 // A Plumas County judge has dismissed a state lawsuit against California’s largest timber company for a 2007 wildfire that destroyed more than 100 square miles of forest in Northern California.State and federal...
Aug 1 2013 // A la Moana Center had a duty to care for a woman who died after getting stuck in an exhaust duct, even though she was trespassing on the roof, the Hawaii Supreme Court ruled. But the opinion also affirms parts of a lower...
Aug 1 2013 // A Hong Kong businessman is one step closer to collecting a multibillion-dollar award from Las Vegas Sands Corp., the largest U.S. casino company.A Nevada judge on Tuesday denied Sands’ request to throw out a jury...
Aug 1 2013 // A bipartisan measure on federal toxic chemical standards would undercut state efforts, the head of a Senate committee said in comments that may imperil a compromise to overhaul U.S. consumer-safety regulations.Senator...
Jul 31 2013 // Costly-to-fight wildfires that are intentionally set in Minnesota will soon carry tougher penalties under a new law.The enhanced arson law was passed in May and goes live on Thursday. It builds off an existing wildfire...