All the headlines from our Legislation Topic Page, ordered by recency.
Oct 10 2012 // India’s proposal to allow more foreign investment in its $41 billion insurance business provides a lifeline for an industry starved of capital and squeezed by regulation – but it may not pass parliament and it...
Oct 10 2012 // Barclays’ new chief executive set the course firmly towards retail banking on Tuesday with his first deal since replacing Bob Diamond – the takeover of ING’s British savings and loan business and its 1.5...
Oct 9 2012 // More than a dozen eastern Montana landowners have filed a lawsuit against Exxon Mobil Corp. claiming the company ignored warnings before a pipeline break that spilled an estimated 1,500 barrels of crude oil into the...
Oct 9 2012 // At the request of a youth group, a Republican Utah lawmaker plans to address concerns about climate change in a bill dealing with wildfires.State Rep. Kraig Powell of Heber City has requested the drafting of legislation...
Oct 8 2012 // Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine a recently passed law that would funnel billions of...
Oct 8 2012 // A Buffalo man who was shot nearly a decade ago can sue the manufacturer, the distributor and the dealer of the semi-automatic pistol used to shoot him, a New York state appeals court ruled on Friday.Attorneys for Daniel...
Oct 8 2012 // A Massachusetts court recently ruled in favor of insurer Lloyd’s in a dispute over a commercial property and general liability policy excluding coverage for independent contractors.The insured, a property development...
Oct 8 2012 // If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance...
Oct 8 2012 // Editor’s Note: This is the first in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013. More articles in...
Oct 8 2012 // Alabama senior citizens will have easier access to courses that can qualify them for automobile insurance premium credits under a new state law that allows them to take the courses online. The courses test older...
Oct 8 2012 // Social media are changing the way insurance professionals do business. How can these forms of media, such as Pinterest, Twitter, Facebook and LinkedIn, help make your business more successful? And how can you protect...
Oct 8 2012 // Workers’ compensation reform has arrived — or is arriving to be more accurate — in California.When Gov. Jerry Brown last month signed Senate Bill 863, which is designed to increase disability benefits for injured...
Oct 5 2012 // Connecticut Insurance Commissioner Thomas Leonardi today announced that John C. Thomson, a veteran risk management specialist, will manage the new captive insurance regulatory unit.Commissioner Leonardi said Thomson brings...
Oct 5 2012 // Allstate Insurance Co. is reopening brick-and-mortar offices in Massachusetts after a quarter century of absence.Back in 1987, the Northbrook, Ill.-headquartered Allstate closed its offices in Massachusetts and pulled out...
Oct 5 2012 // New Mexico’s Court of Appeals has ruled against a group of current and former Hobbs residents who sued an oil company because of illnesses and other damages.The court on Tuesday upheld a Lea County District Court...
Oct 5 2012 // Florida regulators are optimistic that the state’s no-fault auto reforms are having a positive effect on the market and will eventually cut premiums for drivers. But for now they are telling the public that the...
Oct 5 2012 // The full 5th U.S. Circuit Court of Appeals has refused to hear an appeal from Zach Scruggs, who was implicated as having knowledge of a Mississippi judicial corruption scheme that toppled his father, plaintiffs’...
Oct 5 2012 // The head of the House of Representatives Intelligence Committee said on Thursday that significant new cyber threats to U.S. financial networks appeared to be emerging from an “unusual” source.Committee Chairman...
Oct 4 2012 // Editor’s Note: This is the second in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013.California’s...
Oct 4 2012 // The National Association of Insurance Commissioners (NAIC) is a non-profit entity that acts as the trade association for state insurance commissioners.Although the NAIC may play a central role in regulation of the...