Latest Legislation Headlines

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

Lawmaker: Every Michigan Resident Should Get $500 from Health Insurer

Nov 26 2012 // A Republican state lawmaker says Blue Cross Blue Shield of Michigan should pay $500 for every Michigan resident as part of legislation that would convert the company from a charitable trust of the state to a customer-owned...

United Airlines Not Liable for Alleged 9/11 Security Lapse: Judge

Nov 23 2012 // United Airlines bears no responsibility for suspected security lapses at a Maine airport, which allowed hijackers to board the American Airlines plane that crashed into one of the World Trade Center towers on Sept. 11,...

Oklahoma Judge: Hobby Lobby Must Offer Morning-After Pill

Nov 21 2012 // A federal judge has rejected Oklahoma-based Hobby Lobby Stores Inc.’s request to block part of the federal health care overhaul that requires the arts and craft supply company to provide insurance coverage for the...

Best’s Special Report on Columbia Cites Growth, Regulation

Nov 20 2012 // A special report from A.M. Best – “Regulation Tightens as Colombia’s Insurance Market Grows and Matures -“notes that “insurance companies operating in Colombia are benefiting from a vibrant,...

N.Y. Workers’ Comp Board Seeks Changes to Medical Treatment Guidelines

Nov 19 2012 // The New York State Workers’ Compensation Board has proposed new regulations to improve the medical treatment guidelines adopted in 2010. The proposed regulations, announced last week, aim to expedite the best medical...

Florida Supreme Court Rules in 2 Sovereign Immunity Cases

Nov 19 2012 // The Florida Supreme Court last week put off a decision on whether Citizens Property Insurance Corp. can use its status as a state-backed entity to avoid lawsuits accusing it of bad faith in responding to claims.The...

Texas Commissioner: Windstorm Will Be an Issue for Texas Lawmakers

Nov 19 2012 // There may not be a hefty number of property/casualty insurance issues taken up by the Texas Legislature when it convenes in 2013, but there’s certain to be one dominating topic to counter any lack of diversity. That...

Q&A With ELANY Executive Maher on Surplus-Lines Industry’s Resiliency

Nov 16 2012 // The Excess Line Association of New York (ELANY) plays a vital role for New York’s surplus-lines industry. The group, a non-profit advisory association created by the New York statute in 1988, is charged with the duty...

Q&A: Surplus Lines Association of California Director McKay

Nov 15 2012 // Andrew G. Simpson, vice president of content for Wells Media Group Inc., recently grilled Surplus Lines Association of California Executive Director Benjamin McKay on an array of matters, including the market, new...

Judge Urged to Approve Chinese Drywall Settlements

Nov 15 2012 // Attorneys for thousands of Gulf Coast property owners urged a federal judge in New Orleans to give his final approval to a proposed class-action settlement that calls for a Chinese drywall manufacturer to pay hundreds of...

President Obama Vows to Address Climate Change

Nov 15 2012 // President Barack Obama said he plans to work with Congress in his second term to curb human-aggravated climate change, but not at the expense of the U.S. economy.“I am a firm believer that climate change is real,...

Craddick Bill Would Ban Texting While Driving in Texas

Nov 14 2012 // Texas Rep. Tom Craddick (Midland) has filed House Bill 63, the Alex Brown Memorial Act, which would implement a statewide ban on texting while driving.According to Craddick, House Bill 63 introduces a common sense safety...

Meningitis Outbreak Spurs Calls to Boost Pharmacy Oversight

Nov 14 2012 // U.S. and state health regulators called on Congress on Tuesday to strengthen federal oversight of compounding pharmacies as lawmakers prepared for two days of hearings on a deadly fungal meningitis outbreak linked to a...

Willis Launches ‘DARCstar’ Directors’ All Risks Cover in Asia-Pacific Region

Nov 14 2012 // Willis Group Holdings announced the launch of its directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore, which it said offers “unique” coverage.Willis explained that “DARCstar...

Q&A With Attorneys on Emerging Business Insurance Topics

Nov 13 2012 // As companies large and small grapple with losses in Sandy’s aftermath, a number of critical — and costly — business questions have emerged. Darlene Alt and Robert DiUbaldo, two experienced insurance...

South Carolina Names Insurance Lobbyist Farmer as Insurance Chief

Nov 13 2012 // Ray FarmerSouth Carolina Gov. Nikki Haley has named Ray Farmer as the state’s new insurance regulator. Farmer is a lobbyist with the property/casualty insurance trade group, the American Insurance Association.Farmer...

Arizona Judge Oks $3.7M In Restitution For Wildfire

Nov 13 2012 // A judge says two cousins who accidentally started the largest wildfire in Arizona history will have to pay more than $3.7 million in restitution.The amount covers the loss of homes and other property, cleanup from the...

Texas Commissioner: Windstorm Will Be an Issue for Texas Lawmakers

Nov 13 2012 // Among the hundreds of bills filed by Texas lawmakers on the first day of filing for the 2013 legislative session are a handful of proposals related to property/casualty insurance.There are bound to be more, but one...

Plaintiffs, BP Urge Judge to Approve $7.8 Billion Oil Spill Settlement

Nov 9 2012 // BP Plc and lawyers representing over 100,000 individuals and businesses claiming economic and medical damages from the 2010 Gulf of Mexico oil spill on Thursday urged a U.S. judge to approve a proposed $7.8 billion...

Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations

Nov 9 2012 // Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that...