Latest Legislation Headlines

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

U.S. House Panel to Review Cruise Line Safety

Jan 19 2012 // Responding to the still-unfolding disaster of a capsized Italian cruise ship, a U.S. congressional committee launched an investigation on Wednesday of industry safety practices and planned a hearing next month.The House...

Florida’s Citizens Eyes Risk Transfer While Lawmakers Plot Changes

Jan 18 2012 // Florida’s largest homeowners’ insurer has set the goal of moving at least $1 billion in risk back to the private capital markets while looking to lawmakers to make statutory changes that will assist the insurer...

West Virginia Lawmakers’ Personal Tragedies Spur Mine Safety Bill

Jan 18 2012 // For two West Virginia lawmakers who lost fathers in coal mining accidents, preventing disasters like the 2010 Upper Big Branch explosion has taken a personal turn with Monday’s introduction of a bipartisan safety...

Supreme Court Won’t Hear FINRA Immunity Case

Jan 18 2012 // The U.S. Supreme Court declined to hear an appeal of a ruling that the Financial Industry Regulatory Authority (FINRA) had immunity from a private lawsuit over the 2007 deal that created the Wall Street regulator.The...

Congress May Revisit Online Piracy Bill After White House Criticism

Jan 17 2012 // Federal legislation aimed at curbing online piracy, which had appeared to be on a fast track for approval by Congress, appears likely to be scaled back or jettisoned entirely in the wake of critical comments over the...

New Mexico’s Public Regulation Commission Mulls Overhauls

Jan 13 2012 // Members of the New Mexico Public Regulation Commission are considering recommendations for overhauling the agency’s hiring policies and shifting some of its duties to other state departments.The commission sets rates...

New York Judge Drops Binladen Group as 9/11 Defendant

Jan 13 2012 // A Manhattan judge has dismissed a construction company founded by Osama bin Laden’s father as a defendant in Sept. 11 lawsuits brought by families of terrorism victims and others. Judge George Daniels dismissed the...

Connecticut Governor Seeks Storm Exercises, Utility Standards

Jan 13 2012 // Connecticut Gov. Dannel P. Malloy announced this week that he will propose legislation that could lead to new performance standards for all utilities and could penalize them with fines if they fall short in their response...

Judge Allows Suit Alleging GE Misled Investors

Jan 13 2012 // A federal judge refused on Thursday to throw out a lawsuit accusing General Electric Co and its chief executive of misleading investors about the conglomerate’s financial health and exposure to risky debt during the...

Florida Gov. Scott Supports Bill Forcing Accident Victims to Emergency Rooms

Jan 13 2012 // A bill that would force all accident victims to go to emergency rooms instead of their family doctor, even for minor injuries, cleared a Florida House subcommittee on Wednesday.The bill (HB 119) was approved 10-5 by the...

Supreme Court Rules Religious Ministers Not Covered by Job Bias Laws

Jan 12 2012 // Religious groups and churches may hire and fire their leaders without being subject to laws against discrimination in employment, the U.S. Supreme Court said this week in a unanimous landmark ruling.For the first time, the...

Bill to Make Highways Safer on Fast Track in Missouri Senate

Jan 12 2012 // Legislation is on a fast track in the Missouri Senate to make the state comply with federal standards for commercial truckers and drunken driving sentences in an effort to avoid penalties that could dock tens of millions...

Florida Lawmakers Advance Brain Injury, Wrongly Imprisoned Claims Bills

Jan 12 2012 // A man who spent 27 years in prison for a murder he didn’t commit and the brain-damaged and paralyzed victim of a crash with a speeding sheriff’s deputy who was late for work would receive millions in...

FIO’s McRaith: 150 Comments Received on Modernizing Insurance Regulation

Jan 11 2012 // Speaking at an industry conference yesterday, the Federal Insurance Office’s top official gave an update on his department’s upcoming report on the U.S. insurance regulatory system.FIO Director Michael McRaith...

Florida Lawmakers File Bills to Address Auto Insurance PIP Fraud

Jan 11 2012 // State Sen. Joe Negron this week filed legislation designed to crack down on the fraud that leads to more expensive personal injury protection insurance required of all Florida drivers.Negron’s bill (SB 1860) targets...

World Economic Forum Warns Economic, Social Turmoil Risk Globalization Gains

Jan 11 2012 // The latest report from the World Economic Forum highlights the “world’s vulnerability to further economic shocks and social upheavals.” Together they “risk undermining the progress that...

Barton, Nelson Promoted at Missouri Department of Insurance

Jan 10 2012 // Two veteran insurance regulators at the Missouri Department of Insurance have been appointed to division director positions.Matt Barton was picked to lead the Consumer Affairs Division and Angela Nelson is now director of...

Federal Risk Retention Law Needs Clarification: Congressional Report

Jan 10 2012 // The federal law governing risk retention groups should be clarified to reduce the number of disagreements between RRG managers and state regulators and to clarify the coverage RRGs may offer, a Congressional report...

5 Strategies for P/C Insurers for 2012

Jan 10 2012 // The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning.Ernst & Young, the global tax and business advisory firm, said it expects...

South Carolina Judge Grants Initial OK for Class Action Over Sun City Homes

Jan 10 2012 // A South Carolina judge has granted preliminary class-action status to lawsuits alleging defective stucco work on homes in Sun City Hilton Head.The Island Packet of Hilton Head reported that Judge J. Michael Baxley issued...