Latest Legislation Headlines

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

Judge Says Greenberg May Pursue $25B Suit Over AIG Bailout

Jul 3 2012 // A company run by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg may pursue a $25 billion lawsuit against the U.S. government, in which it called the 2008 federal bailout of...

South Carolina Judge Adds Bible Reading to Drunk Driving Sentence

Jul 3 2012 // A South Carolina woman whose drunken driving seriously injured two people has been sentenced to eight years in prison, substance abuse counseling, and to read the Bible. The Herald of Rock Hill reported that Cassandra...

Florida Seeks Help to Quicken Approval of Insurer Forms

Jul 3 2012 // Florida regulators are looking to fast track the approval of changes in insurance company property policy forms and coverages after building up a significant backlog due to the numerous law changes enacted in the past two...

UK Watchdog Reviewing Regulatory Supervision after Libor Scandal

Jul 3 2012 // The UK’s Financial Services Authority (FSA) is reviewing how wholesale markets are supervised following the interest rate-setting scandal, its chairman Adair Turner said on Tuesday.“There are no free lunches,...

N.J. Court Rules on Workers’ Compensation Occupational Stress Claim

Jul 2 2012 // A New Jersey court struck down last week a claim by a former bank employee who sought workers’ comp disability benefits for what the claimant described as a psychological illness caused by occupational stress. The...

After Court Rules, Idaho Has Dilemma Over Exchange

Jul 2 2012 // Incensed over “Obamacare,” Idaho lawmakers last session snubbed $20 million from the federal government earmarked for an insurance exchange and refused even to make baby steps toward establishing this online...

Ex-Ariz. Lawmaker Files $10M Claim Against Phoenix

Jul 2 2012 // A former state senator who resigned in January over a domestic violence incident involving his ex-girlfriend has filed a $10 million notice of claim against Phoenix police and city officials.Scott Bundgaard, 44, stepped...

North Carolina Gov. Perdue Signs Workers’ Comp Scofflaw Bill

Jul 2 2012 // North Carolina Gov. Bev Perdue has signed a bill designed to crack down on employers without workers’ compensation coverage despite opposition from media groups that objected to the fact the employer information will...

Louisiana Citizens Board Agrees to Retroactive 10% Rate Cut

Jul 2 2012 // The board governing Louisiana’s property insurer of last resort has agreed to drop rates by 10 percent across a dozen south Louisiana parishes retroactive to June 7, when the reduction was signed into law.The $16...

Florida’s Anti-Fraud Auto Insurance Law Now in Effect

Jul 2 2012 // A trio of constitutionally questionable measures and legislation designed to crack down on no-fault auto insurance fraud are among about 150 new Florida laws going into effect Sunday.A law that bans state and local...

Republican Leaders Vow Healthcare Law Repeal

Jul 2 2012 // The two top Republicans in Congress vowed on Sunday to push ahead with efforts to repeal President Barack Obama’s healthcare law despite the Supreme Court upholding it, but the White House said it is time to stop...

Ala. Gov. Bentley Touts New Homeowners’ Insurance Laws

Jul 2 2012 // Alabama’s governor is promoting new laws designed to make homeowners’ insurance more affordable after hurricanes drove up prices.Gov. Robert Bentley, who owns a vacation home on the coast, made...

Professional Liability Exposures Evolve with Changing Healthcare Environment

Jul 2 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...

North Carolina Targets Workers’ Comp Scofflaws

Jul 2 2012 // North Carolina business owners may find it harder to escape having workers’ compensation coverage after state lawmakers approval of a bill closing a loophole that had resulted in tens of thousands of employers going...

Tennessee Court Rules on Workers’ Statute of Limitations

Jul 2 2012 // A worker who witnessed the deaths of two co-workers but did not file a post-traumatic stress disorder claim until more than a year after the second death is still entitled to workers’ compensation benefits, the...

Agents, Insurers Cheer Congress OK of Flood Insurance Reform Bill

Jun 29 2012 // The Independent Insurance Agents & Brokers of America today praised Congress for passing the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012.” The legislation will extend the National...

Brewer Names Acting Director for Arizona Department of Insurance

Jun 29 2012 // Arizona Gov. Jan Brewer has named Germaine Marks the Acting Director of the Arizona Department of Insurance.Marks is being appointed to serve in this capacity due to the pending retirement of outgoing Insurance Director...

Congress Agrees on Multi-Year Flood Insurance Extension, Reforms

Jun 29 2012 // The U.S. House of Representatives passed a massive bill on Friday combining funding for transportation programs, low-interest student loans, and the National Flood Insurance Program. On a 373-52 vote, the House sent the...

Texas Governor Derides Supreme Court Ruling on Health Care

Jun 29 2012 // Texas Gov. Rick Perry is calling the U.S. Supreme Court’s decision to uphold the vast majority of President Barack Obama’s health care overhaul a “stomach punch to the American economy.”Perry said...

Lawmaker Says Nebraska Has Time for Health Exchange

Jun 29 2012 // A Nebraska lawmaker who has led the push to create a state-based marketplace for health insurance says officials must move quickly and seek public comments as they enact the requirements of the federal health care...