Latest Legislation Headlines

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

Judge Lets Claim Against U.S. Over Stanford Ponzi Scheme Go Ahead

Sep 10 2012 // A lawsuit claiming U.S. securities regulators were negligent in failing to respond earlier to Allen Stanford’s $7 billion Ponzi scheme can go forward for now, a federal judge ruled in Florida on Friday.U.S. District...

Court Rules Employers Must Reassign Disabled Workers to Vacant Jobs

Sep 10 2012 // A federal appeals court has revived an Equal Employment Opportunity Commission lawsuit against United Airlines Inc., and said U.S. law generally requires employers to reassign disabled workers to vacant jobs for which they...

Dodd-Frank Provisions Still Hold Concern for Insurers

Sep 10 2012 // The Dodd-Frank Act of 2010 brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression. It represented a significant change in the...

Florida Streamlines Licensing for Agents, Adjusters

Sep 10 2012 // A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take.Among the changes: insurance adjusters and agents operating...

Florida Names 7 Workers’ Comp Judges

Sep 10 2012 // Florida Governor Rick Scott has reappointed seven judges on the state’s court that handles workers’ compensation claims.Judge W. James Condry II, 54, of Orlando, has been a judge of Compensation Claims for the...

New National Parks’ Insurance Requirements Ignite Controversy

Sep 6 2012 // A National Parks Service (NPS) decision to hike their required insurance liability limits by 1,000 percent has some outfitters and guides, as well as their insurance providers, navigating the halls of Congress.The battle...

Federal Judge: Delaware’s Secret Court Arbitration Is Unconstitutional

Sep 5 2012 // A Delaware law allowing Court of Chancery judges to preside over secret arbitration in business disputes is unconstitutional, a federal judge ruled last Thursday.The ruling came in a lawsuit filed by the Delaware Coalition...

Florida Lawmaker Questions Citizens Travel Expenses

Sep 5 2012 // A Florida state senator is demanding that executives of the state-backed property insurer be questioned after expense reports showed that they spent thousands of dollars on travel and related expenses.Florida Senator Mike...

AIA Comments on Latest IAIS Draft Rules on Global Insurance Supervision

Sep 5 2012 // The American Insurance Association has submitted comments in response to the International Association of Insurance Supervisors’ (IAIS) July 2, 2012 Public Consultation Document entitled “Working Draft of the...

Missouri Insurance Director to Chair Solvency Modernization Task Force

Sep 5 2012 // John M. Huff, director of the Missouri Department of Insurance, has been appointed chair of a national task force focusing on insurance regulation, the department announced.The Solvency Modernization Initiative was created...

Kentucky Bill Would Allow Christian Ministry’s Medi-Share Plan

Sep 3 2012 // A Christians-only health care ministry that’s battling in court for the right to continue operating in Kentucky could get a reprieve from the Legislature.Sen. Tom Buford, chairman of the Senate Banking and Insurance...

Lawmakers Greenlight Workers’ Comp Overhaul

Sep 1 2012 // The state Legislature approved a reform bill for California’s $17-billion workers’ compensation insurance system, one that promises to hike benefits for injured workers and cut costs for employers, the L.A....

Assembly Passes Workers’ Compensation Changes

Aug 31 2012 // The state Assembly approved a series of changes to California’s workers’ compensation system Friday, voting on a 170-page bill that arose in the final days of the legislative session.The changes were sought by...

Judges Tout Wikipedia in ‘Jet Ski’ Exclusion Ambiguity

Aug 27 2012 // A Utah Court of Appeals ruled the term “jet ski” to be ambiguous as exclusion in a homeowners’ policy, and to back up its decision the court used as a reference the popular reference website Wikipedia,...

Oklahoma Lawmaker Wants More Money in Workers’ Comp Case

Aug 27 2012 // An Oklahoma lawmaker who was awarded more than $61,000 in workers’ compensation for injuries suffered in a collision as he drove to the state Capitol has appealed for more money, while the state House and its...

Texas Judge Restrains Waco-Based Life Settlements Firm

Aug 24 2012 // A Texas judge has ordered a Waco-based life settlements firm to preserve records and assets after state officials alleged the firm is in “dire financial straits.”Life Partners has been a past target of federal...

Insurers Seek 6.1% Increase in Florida Workers’ Compensation Rates

Aug 24 2012 // Florida employers may see their workers’ compensation rates increase as the National Council on Compensation Insurance announced it is seeking a statewide average 6.1 percent rate hike on behalf of insurers.If...

Indiana Flood Walls Aim to Prevent Repeat of 2008

Aug 24 2012 // Floodwaters from Haw Creek cost Cummins Inc. an estimated $220 million dollars in property damage in 2008. The Indiana-based company is making an investment to make sure that never happens again.South of Haw Creek, near...

Reforms May Save Florida Drivers Up to 24.6% on PIP Premium: Report

Aug 24 2012 // Florida’s new no-fault auto insurance law could result in savings of 14 percent up to as much as 24.6 percent for drivers’ on their personal injury protection premiums, although it remains to be seen whether...

Bill to Update Holding Company Act Passes Calif. Legislature

Aug 23 2012 // The California State Legislature has passed Senate Bill 1448, which updates California’s Insurance Holding Company System Regulatory Act.The bill was authored by Senate Insurance Committee Chairman Ron Calderon,...