Latest Legislation Headlines

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

Corporate Winners, Losers Under Supreme Court Healthcare Ruling

Jun 29 2012 // Hospitals and insurers providing Medicaid plans for the poor emerged as the main corporate winners from the U.S. Supreme Court’s decision to uphold President Barack Obama’s healthcare law, while investors in...

Best Sees Indonesia P&C Sector Growth; Capital, Regulatory Challenges

Jun 29 2012 // A new report from A.M. Best Co. concludes that “Indonesia’s solid economy is fueling growth for a developing non-life insurance market, well supported by domestic consumption and investment offsetting a weaker...

EU Agency ENISA Calls for ‘Kick-start’ in Cyber Insurance Market

Jun 29 2012 // Europe’s citizens and businesses could benefit from better protection for their computer systems and data if the cyber insurance market can be kick-started, according to a recently released report from the European...

A.M. Best on Court Ruling: No Effect on Most Health Insurers But Watching Small Insurers

Jun 28 2012 // Insurance rating organization A.M. Best Co. says the U.S. Supreme Court upholding the Patient Protection and Affordable Care Act (PPACA) will not have a ratings impact to the majority of health insurers.However, A.M. Best...

Excerpts from Supreme Court’s Healthcare Opinion

Jun 28 2012 // Some key excerpts from the majority opinion written in National Federation of Independent Business v. Sebelius by Chief Justice John Roberts:The Framers gave Congress the power to regulate commerce, not to compel it, and...

Reactions to Healthcare Ruling Coming In; What’s Yours?

Jun 28 2012 // Industry and other reactions to the U.S. Supreme Court decision upholding the Patient Protection and Affordable Care Act have been coming in. Readers are encouraged to offer their own reactions in Comments...

Today’s Supreme Court Healthcare Ruling: Possible Scenarios, Effects

Jun 28 2012 // The U.S. Supreme Court’s ruling on President Barack Obama’s 2010 healthcare law, expected on Thursday, may have wide-ranging political and economic implications.Here is a look at possible scenarios for...

Judge: Ohio Dog Accused of Biting Not ‘Dangerous’

Jun 27 2012 // A judge has sided with an Ohio dog owner who argued her small bichon frise shouldn’t be labeled as “dangerous” under a new state law, which opened the door for canines other than pit bulls to be deemed...

Strong Regulatory Systems Recognize Global Differences

Jun 27 2012 // Insurance markets have evolved over the years to become increasingly global, interconnected, and convergent — a trend that will undoubtedly continue in years to come. The National Association of Insurance Commissioners...

Bingaman Introduces Post-Fire Flood Legislation

Jun 26 2012 // New Mexico’s two U.S. senators are pushing legislation that would make it easier for residents affected by wildfires on federal lands to take advantage of flood insurance administered by the Federal Emergency...

North Carolina Passes Law Targeting Employers Without Workers’ Comp

Jun 25 2012 // North Carolina business owners may find it harder to escape having workers’ compensation coverage after state lawmakers approved a bill closing a legal loophole that had resulted in tens of thousands of employers...

Judge: Parents Of Child With Lung Disease Can Sue

Jun 22 2012 // A District Court judge in Gallatin County says a Montana couple who say they would have terminated a pregnancy if they had known their daughter would be born with cystic fibrosis can move forward with their lawsuit against...

AIG Pays Massachusetts $3.4M in Multi-State Workers’ Comp Settlement

Jun 22 2012 // Massachusetts Insurance Commissioner Joseph Murphy announced Thursday that the state received more than $3.44 million as its share of a 50-state settlement with the American Insurance Group.Commissioner Murphy stated that...

Oklahoma Judge Rules Against OSU, Pickens in lawsuit

Jun 22 2012 // A Payne County judge ruled against Oklahoma State University’s athletic fundraising arm and its top booster, T. Boone Pickens, in their attempt to recover money spent on life insurance premiums in the school’s...

Judge Rules for Employees in Post-Katrina New Orleans School Firings

Jun 22 2012 // Thousands of New Orleans school employees were wrongfully fired after Hurricane Katrina scattered the populations and shut down the city and its schools, a Louisiana judge ruled.Judge Ethel Simms Julien awarded more than...

Judge Allows Investor Lawsuit Over Goldman CDO Conflicts

Jun 22 2012 // A federal judge said on Thursday that shareholders can proceed with a lawsuit accusing Goldman Sachs Group Inc. of concealing conflicts of interest in several collateralized debt obligation transactions, the fallout from...

ABI Supports UK Government’s Proposals on Executive Pay Regulation

Jun 22 2012 // Otto Thoresen, the Director General of the Association of British Insurers, issued a positive comment on the announced plan by UK Business Secretary Dr. Vince Cable to regulate payments to company executives.The proposed...

Health Insurers to Rebate $1.1 Billion

Jun 22 2012 // U.S. health insurance companies are due to pay out $1.1 billion in rebates to employers and individuals this summer, under a new industry regulation imposed by President Barack Obama’s health care law, the...

Oklahoma Physician, Hospital Settle Fraud Case for $1.5M

Jun 21 2012 // State and federal officials say an Oklahoma hospital and physician have agreed to a $1,550,000 payout to settle a health care fraud case.Sanford C. Coats, U.S. attorney for the Western District of Oklahoma, and Oklahoma...

N.J. Judge OKs Lawsuit Arising From Schoolyard Killings in 2007

Jun 21 2012 // A judge has denied an attempt by Newark’s school district to throw out a lawsuit stemming from the murders of three college-bound students in a schoolyard in 2007.Wednesday’s ruling means the suit against the...