All the headlines from our Legislation Topic Page, ordered by recency.
Mar 21 2012 // A series of victories by Morgan Keegan & Co. is calling into question who can be considered a “customer” in securities arbitration cases.Most recently, a case involving a partner in the Lion Fund, a hedge...
Mar 21 2012 // It looks like the courtroom battle has ended for the New York State’s broker compensation disclosure regulation.Earlier this month, the New York appeals court agreed with the lower court and said insurance regulators...
Mar 21 2012 // While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate decreases before there is a corresponding drop in losses as the new law...
Mar 21 2012 // Lawyers and judges warned lawmakers on Monday that budget constraints on the state’s judiciary are imperiling the delivery of justice and compromising security in its courts.Robert Mulligan, chief justice for...
Mar 21 2012 // The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and European business associations to President Obama and EU Presidents Van Rompuy and Barroso, calling...
Mar 20 2012 // U.S. farm and crop insurance subsidies would be cut by $30 billion over 10 years under a proposal made by the House of Representatives Budget Committee chairman on Tuesday, far larger reductions than agricultural-state...
Mar 20 2012 // Although none of the 50 U.S. state governments were found to be exemplary, three out of four of the South Central states received very lackluster rankings in a report evaluating state governments on integrity and the...
Mar 20 2012 // Despite a contentious legislative session, Wisconsin lawmakers successfully passed many bills that will help consumers and improve the state’s business climate, according to the Property Casualty Insurers Association...
Mar 20 2012 // Hector Sants, the chief executive of the UK’s Financial Services Authority (FSA), has announced his intention to leave the organization at the end of June 2012. He indicated that, as the “fundamental design and...
Mar 20 2012 // Here’s a thought that can’t comfort President Barack Obama: The fate of his health care overhaul rests with four Republican-appointed Supreme Court justices.His most sweeping domestic achievement could be...
Mar 19 2012 // A judge approved a settlement Friday to give owners of Honda Civic hybrids up to $200 each over claims that the fuel economy of the cars was inflated, casting aside arguments that a motorist’s victory in small claims...
Mar 19 2012 // Missouri Gov. Jay Nixon has vetoed for the second consecutive year legislation that would have changed rules for lawsuits alleging workplace discrimination and blocked changes to the workers compensation system also pushed...
Mar 19 2012 // How automotive glass repair companies are allowed to access glass claims has become a contentious issue in South Carolina where independent shops are trying to break a national company’s hold on the market.South...
Mar 19 2012 // Recent data from Florida indicate that the economics for a multistate surplus lines tax allocation clearinghouse are unworkable. There simply is not enough multistate surplus lines tax to support the cost of a...
Mar 19 2012 // Earlier this month, an appeals court in New York agreed with the lower court’s ruling and said the insurance regulators have the authority to require brokers to disclose the source of their compensation. The rule,...
Mar 16 2012 // A state lawmaker has been ousted from his leadership position, a day after voting against a tax break sought by Louisiana Gov. Bobby Jindal. Bogalusa Rep. Harold Ritchie says he was told he was removed as vice chairman of...
Mar 16 2012 // The Maryland Senate wants to prohibit drivers from smoking in cars if a child under the age of 8 is a passenger.Senators signed off on the bill in a 27-19 vote Wednesday. Proponents of the legislation said they chose the...
Mar 16 2012 // A South Carolina legislative panel opted this week to postpone voting on a bill that would exclude medical expenses from the $600,000 liability cap that protects the government from paying unlimited damages, regardless of...
Mar 16 2012 // Florida lawmakers have put taxpayers at risk by not reforming the Florida Hurricane Catastrophe Fund or Citizen’s Property Insurance Corp. in advance of the 2012 hurricane season, an insurance executive has...
Mar 15 2012 // The Risk & Insurance Management Society is applauding the New York appeals court for upholding the broker disclosure rule.“Consumers deserve the same transparency and information from their insurance brokers...