All the headlines from our Legislation Topic Page, ordered by recency.
Jun 8 2011 // The chief executive officer of the health insurance office for state employees and retirees, hired by the Jindal administration in April, is resigning after receiving strong criticism from lawmakers about his work to help...
Jun 8 2011 // Transatlantic sniping by top policymakers could make it harder to agree new rules to crack down on derivatives, derivatives market officials said on Tuesday.“The high policy debate is going in the wrong direction...
Jun 7 2011 // Texas Gov. Rick Perry has added legislation relating to the operation of the Texas Windstorm Insurance Association as an issue to be addressed during the special session of the Legislature that began on May 31. “It...
Jun 7 2011 // Everyone on the Illinois House floor was watching the vote climb.56…57… In the waning hours of the legislative session, lawmakers were considering a huge overhaul of the state’s unwieldy workers’...
Jun 7 2011 // Nevada Gov. Brian Sandoval has signed AB23 enacting the Interstate Insurance Product Regulation Commission (IIPRC). With the addition of Nevada, the IIPRC now has 39 states that have joined the compact, representing more...
Jun 7 2011 // Florida hasn’t been hit by a hurricane since the disastrous years of 2004 and 2005, but the state’s property insurance companies say they are still losing money despite collecting billions in premiums.That has...
Jun 7 2011 // While the European Union is primarily focused on the approach of the Solvency II regulations in 2013, there are two additional regulatory bodies who are also considering some new rules that will affect not only the EU, but...
Jun 6 2011 // California State Compensation Insurance Fund is pursuing legislation to allow it to offer coverage to California employers who have out of state employees.Currently, California-based businesses insured with State fund must...
Jun 6 2011 // Halliburton Co. suffered a legal setback Monday when the U.S. Supreme Court refused to make it harder for shareholders to proceed with some class-action securities-fraud lawsuits against publicly traded companies.The...
Jun 6 2011 // Insurance agents are warning contractors in New York City that they may not be able to obtain increased coverage requirements called for by city regulations set to go into effect next week.Many of those new coverages are...
Jun 6 2011 // Tennessee lawmakers have given final approval to a plan to cap non-economic and economic lawsuit damages.The bill (HB 2008) places a cap of $750,000 on non-economic damages such as pain and emotional suffering and a...
Jun 6 2011 // As predicted by Montana Commissioner of Securities and Insurance Monica Lindeen, the board of Montana State Fund, the state’s largest workers’ compensation insurer, has cut its rates by 20 percent. The move is...
Jun 6 2011 // The big state agency that oversees insurance producers in New York will soon become a whole lot bigger – and that’s left a lot of agents in the Empire State wondering just how it will affect them.Later this...
Jun 6 2011 // Back in 1969 when the Rolling Stones sang, “You can’t always get what you want,” I doubt they were thinking about Florida insurance politics in 2011. I will go out on a limb here and say I am absolutely...
Jun 6 2011 // A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster said he found no exclusion in the Teachers...
Jun 6 2011 // Florida Gov. Rick Scott signed into law legislation that promises to lower costs for the state’s property insurers, including what they pay on sinkhole claims. Scott said the bill (SB 408) “strengthens...
Jun 6 2011 // For those in the industry, Florida’s recent legislative session was a long march as they tried to navigate through a process that initially promised much in the form of a new governor and strong pro-business...
Jun 6 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play to the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter how...
Jun 6 2011 // The Independent Insurance Agents & Brokers of New York (IIABNY) says it is moving forward with a legal appeal of a court ruling that allowed the state to require agents to reveal their commissions to clients.The group...
Jun 6 2011 // Florida’s history with hurricanes has created a series of assumptions long treated as facts, none of which is more quoted than the “fact” that the exposure on the coastline is a greater risk than inland...