Latest Legislation Headlines

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

Michigan Man Who Beat Odds Fights No-Fault Insurance Reform

Jan 2 2013 // Sam Howell could barely speak seven years ago. He pointed at letters on a board to communicate.He struggled to stand by himself in his driveway. Recently, Sam, 26, opened the door for me at his home. He spent the next hour...

Indiana Court Rules Duke Must Cover Ice Storm Costs

Jan 2 2013 // The Indiana Court of Appeals ruled that state regulators acted appropriately when they rejected Duke Energy Corp.’s bid to pass more than $11 million in repair costs incurred during a 2009 ice storm onto its...

How ‘Fiscal Cliff’ Package Deals with Business Taxes

Jan 2 2013 // The “fiscal cliff” deal that slowly, painfully took shape in the U.S. Congress in recent days fulfills some of corporate America’s tax policy goals, but leaves others unmet, including a big one –...

House Republicans Look to Split $60B Sandy Aid Bill in Half

Jan 1 2013 // The U.S. House of Representatives is expected to split a $60.4 billion Superstorm Sandy disaster aid bill into two parts, staging votes on $27 billion to fund immediate recovery needs and $33 billion for long-term and...

Worker’s Comp Reforms, Portable Persistency Top West’s 2012 Headlines

Dec 31 2012 // Dec. 21, 2012 came and went and the apocalypse was so lackluster as to be forgotten among the year’s myriad headlines.Now that we are all well and good, and past doomsday, here are Insurance Journal’s best...

West Virginia Judge Stops Insurer’s Use of Old Parts on New Cars

Dec 31 2012 // A Kanawha County judge has granted Attorney General Darrell McGraw’s request for a permanent injunction against an insurance company and a St. Albans body shop owner accused of illegally installing junkyard parts on...

Missouri Republicans to Tackle Workers’ Compensation

Dec 28 2012 // Nearly two dozen years after Monroe Gunter retired from a long career at a Missouri power company, he was diagnosed with a rare form of cancer often caused by exposure to asbestos.Gunter sued his former employer, claiming...

Insurers Divided Over North Carolina Auto Insurance Rate System

Dec 28 2012 // A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs...

Judge Approves $7.8 Billion Settlement in BP Class Action Suit

Dec 26 2012 // A U.S. judge last Friday gave final approval to BP Plc’s settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill.The order only addressed the settlement of economic...

Montana Lawmakers Want Pipeline Study Finished

Dec 26 2012 // Two U.S. senators from Montana are urging federal safety regulators to wrap up a yearlong study into whether oil spills into rivers, lakes and other water bodies across the U.S. have resulted from inadequately buried...

Any Prospects for Insurance Regulatory Changes in 2013?

Dec 26 2012 // Progress in making insurance regulatory changes has been slow, and there’s really nothing to indicate that the situation will change in the near future. The United States, however, has managed to make some relevant...

Australian Court Rules Workers’ Comp Covers Sex Mishap

Dec 20 2012 // An Australian court has ruled that a bureaucrat who was injured while having sex on a business trip is eligible for workers’ compensation benefits.The Full Bench of the Federal Court ruled Dec. 13 in favor of the...

56 Insurance Carriers Deemed High Performers in Texas Work Comp System

Dec 20 2012 // Texas workers’ compensation system regulators report that 56 insurance carriers have been deemed high performers in the system.Announcing the results of the fourth Insurance Carrier Performance Based Oversight...

Carriers ‘Uncertain’ About California Workers’ Comp Reform

Dec 19 2012 // Editor’s Note: This is the fourth in a series of articles to look at California’s workers’ compensation reform law, which takes effect Jan. 1, 2013.Insurance carriers, along with the many stakeholders who...

Oklahoma Lawmaker, Texas Governor Want Teachers to Be Armed

Dec 19 2012 // Teachers and school administrators who receive proper training would be authorized to carry firearms on school campuses and at school events under a bill being drafted by an Oklahoma lawmaker.Republican Rep. Mark...

IIF Report Concludes Capital Curbs on Insurers Will Add to Government Burden

Dec 18 2012 // Proposed curbs on insurers aimed at preventing a repeat of AIG’s 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said.“As...

P/C Insurance Analysts’ Expectations Climbing: Accenture

Dec 18 2012 // Although returns-on-equity for the property/casualty insurance industry are lagging in the mid-to-upper single-digit range, equity analysts expect companies they recommend with “Buy” ratings to garner returns...

Crop Insurance Juicy Target in ‘Fiscal Cliff’ Deal

Dec 17 2012 // Rural lawmakers worry that $9 billion in annual federal crop insurance subsidies are an easy target for spending cuts in a “fiscal cliff” deal so they’re shopping around for a late compromise on a farm...

Prospects for Insurance Regulation in 2013

Dec 17 2012 // Progress in making insurance regulatory changes has been slow, and there’s nothing to indicate that this situation will change in the future.The United States has, however, made relevant changes. Although it has 50...

Fallin Appoints Taylor as New Oklahoma Worker’s Comp Judge

Dec 14 2012 // Gov. Mary Fallin has appointed a Tulsa judge as the new presiding judge of the Oklahoma Workers’ Compensation Court.Fallin announced that Judge L. Brad Taylor will replace Judge Michael Harkey as the presiding judge...