All the headlines from our Legislation Topic Page, ordered by recency.
Nov 14 2011 // A new report from A.M. Best examines New Zealand’s non-life insurance market, which it describes as being “in a state of transformation as it grapples with prolonged earthquake activity in addition to...
Nov 14 2011 // The Federation of European Risk Management Associations (FERMA) announced that it has sent “specific recommendations to the Brazilian insurance regulator SUSEP to limit the impact of regulations 225 and 232 on market...
Nov 10 2011 // A key provision in the North Dakota Legislature’s disaster aid bill would provide low-interest, unsecured loans of up to $30,000 for homeowners hit especially hard by this year’s flooding, the Bank of North...
Nov 10 2011 // A former Louisiana state senator who pleaded guilty to money laundering in a fraudulent security bond fraud case has been released from federal prison into a halfway house.The Federal Bureau of Prisons said Derrick...
Nov 10 2011 // Many U.S. insurance executives believe that business conditions have worsened compared to a year ago. Faced with continuing economic sluggishness and a changing regulatory environment, they remain guarded about their...
Nov 9 2011 // North Dakota Gov. Jack Dalrymple has unveiled a $569 million plan to provide disaster aid to flood-stricken areas and to help western North Dakota towns struggling to cope with oil development.Speaking to a joint session...
Nov 9 2011 // A British court has ruled that Roman Catholic priests are equivalent to employees, a decision that could pave the way for victims of sexual abuse to win damages from the church.Tuesday’s ruling involved a 47-year-old...
Nov 9 2011 // Four senior U.S. lawmakers Tuesday urged President Barack Obama’s administration not to make a hasty decision to begin free trade talks with Japan if that country should request this week to join negotiations on a...
Nov 8 2011 // In light of the increasing number and severity of earthquakes in Oklahoma, state Rep. Mike Shelton said lawmakers need to review disaster preparedness-and-response policies.“I represent much of eastern Oklahoma...
Nov 8 2011 // President Barack Obama’s signature healthcare law got a boost Tuesday when a U.S. appeals court agreed with a lower court that dismissed a challenge and found the law’s minimum coverage requirement was...
Nov 8 2011 // A key ratings agency says that recently proposed guidelines for identifying which insurers would qualify as systemic risks represent an important first step in improved federal regulation of financial institutions.The...
Nov 8 2011 // Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying...
Nov 8 2011 // State insurance regulators have approved a new model law and regulation on credit for reinsurance that allows some foreign reinsurers to post reduced collateral.The new rules and regulations, which have taken 12 years to...
Nov 7 2011 // The National Conference of Insurance Legislators said its members are disappointed by the lack of state lawmakers in the makeup of the Federal Advisory Committee on Insurance (FACI).Last week, the U.S. Treasury Department...
Nov 7 2011 // A Texas state lawmaker on Nov. 3 used a Jewish slur during a legislative committee hearing while telling officials not to delay or cheat people out of legitimate property insurance claims.Rep. Larry Taylor, of Friendswood,...
Nov 7 2011 // A U.S. judge has blocked most of a San Francisco ordinance that required warnings about cell phone safety risks, saying it violated the First Amendment.Health questions about cell phone use grew this year after a group of...
Nov 4 2011 // Legislation that could help employers reduce costs related to compensating workers injured on the job was approved by the Republican-led Michigan House.The chamber approved House Bill 5002 by a 59-49, mostly party line...
Nov 4 2011 // Encino, Calif.-based lawfirm Michelman & Robinson LLP has added Robert Barbarowicz as of counsel in their regulatory and administrative group.Barbarowicz has more than three decades of experience in insurance...
Nov 4 2011 // The latest attempt by Michigan lawmakers to repeal a state law requiring motorcyclists to wear helmets passed the state House and cleared a key hurdle.Senate Bill 29, approved by a 69-39 vote, would allow riders 21 or...
Nov 3 2011 // A national organization of state insurance regulators found that Oklahoma has resolved problems in the financial examination section of the state insurance department that were discovered in a review of the agency in...