Latest Legislation Headlines

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

N.Y. to Boot Crooked, ‘Dirty Doctors’ From No-Fault Insurance

May 21 2012 // Insurance regulators plan to start kicking crooked doctors out of New York’s no-fault program next month, calling them linchpins in fake-accident scams that cost insurers and ultimately policyholders hundreds of...

Tennessee Cracks Down on Roofing Contractor Fraud

May 21 2012 // Roofing contractors operating in Tennessee will have to provide residents whose homes are damaged due to tornadoes and other storms with more information about their company and about their rights to cancel contracts under...

Senate Expected to Decide Fate of Flood Insurance Program This Week

May 21 2012 // This week the Senate should reveal whether it will tackle a five-year extension with reform of the federal flood insurance program or another short-term authorization, or both.The National Flood Insurance Program is...

Down the Road Again

May 21 2012 // As spring folds into summer and tornado season segues into flood and hurricane season, federal lawmakers are revisting whether to reauthorize and reform the National Flood Insurance Program for what seems like the...

Missouri’s Vetoes, Overrides

May 21 2012 // Missouri’s legislature and its governor have been back and forth so far this year on legislation that would effect changes in the state’s workers’ compensation system. Among them, bills that would prevent...

N.Y. Proposes New Rule to Fight No-Fault Fraud

May 21 2012 // New York State regulators are expanding their effort to stop no-fault auto insurance fraud. The New York Department of Financial Services announced a draft regulation, Regulation 68, that would make it easier for insurers...

Expense Report

May 21 2012 // Multistate regulation adds 26 percent on average to the expense ratio of a multistate commercial liability insurer. That’s compared to an insurer, such as a risk retention group, which only has to comply with a...

Florida Revises Workers’ Comp Certificates, Audit Laws

May 21 2012 // Florida’s governor has signed legislation streamlining the workers’ compensation certificate process, eliminating mandatory premium audits, and discontinuing refunds for insurers with excess profits.Gov. Rick...

Hawaii Lawmakers Pass 3 Cybercrime Measures

May 21 2012 // Hawaii lawmakers have approved a trio of bills aimed at preventing cybercrimes.The bills offer law enforcement and prosecutors more tools to charge and penalize those who use computers to commit crimes. One bill allows...

The Cost of Duplicate Regulation

May 21 2012 // Buyers of commercial liability insurance pay on average 26 percent more in insurer expenses if their insurance company has to comply with regulations from multiple states instead of just a single regulator, according to...

Florida’s Citizens Defends Plan to Consider Higher Rates on New Business

May 18 2012 // Facing protests from consumers and state officials, Florida’s state-run homeowners insurer has found itself defending a proposal to increase rates for new customers above a legislative cap placed on current...

China Broker CNinsure Announces Changes to Board of Directors

May 18 2012 // CNinsure Inc. an independent insurance intermediary company operating in China, announced that the board of directors of the Company has appointed Yunxiang Tang as an independent director of the Board and Yongwei Ma has...

Former Dewey & LeBoeuf Lawyers Join DLA Piper Hong Kong Office

May 18 2012 // The DLA Piper law firm announced that a group of lawyers led by partners Joyce Chan and Heng Loong Cheong will join its Hong Kong office from Dewey & LeBoeuf. The move signals yet another step in the meltdown of that...

Safety Inspections Don’t Hurt Businesses; Do Lower Workers’ Comp Costs: Study

May 17 2012 // Random inspections of U.S. industrial workplaces lower the risk of workers being injured on the job and have no measurable negative effect on the companies inspected, according to a study in the journal Science.Companies...

Judge: New York AG Must Decide on Revealing Spitzer’s Emails on AIG

May 17 2012 // New York’s Attorney General must review his predecessor’s private emails relating to a probe of American International Group Inc. and decide whether to release them to the public, a state judge has ruled.The...

Group Urges N.Y. to Overhaul Regulation of Force-Placed Insurance

May 17 2012 // The Consumer Federation of America (CFA), a Washington, D.C.-based consumer advocacy group, today called on New York regulators to become a national leader in overhauling regulation of force-placed insurance (FPI) for...

The Industry’s Role in Cutting Down Crooked Contractors

May 17 2012 // Approximately one year ago, on Sunday, May 22 at about 5:30 p.m., Joplin, Mo. was devastated by a massive EF 5 tornado that at times was one mile wide and traveled on the ground for more than 20 miles. This storm,...

Missouri House Approves Bill on Suing Co-Workers

May 16 2012 // Missouri lawmakers likely will not pass any legislation moving claims related to deadly work-related diseases into the workers’ compensation system, Senate Majority Leader Tom Dempsey said.The state Legislature will...

Illinois Governor Mulls Executive Order on Insurance Exchange

May 16 2012 // Illinois Gov. Pat Quinn may use an executive order to establish a health insurance exchange, a website where consumers could comparison shop for insurance that’s a key piece of President Barack Obama’s health...

Court Ruling in Georgia Upholds School’s Use of Publication Excerpts

May 16 2012 // A federal judge sided with Georgia State University on a range of copyright infringement claims filed by three publishing houses in a ruling that administrators said could set an important precedent for how educational...