All the headlines from our Legislation Topic Page, ordered by recency.
Jul 5 2010 // The insurance industry has a long history for cyclical price adjusting, featuring long periods of marginal to inadequate premiums followed by relatively brief, startling and disruptive upward price corrections. These...
Jul 5 2010 // Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.”Something similar can be said to explain why companies are paying more attention to social media these days...
Jul 1 2010 // For independent insurance agents, upcoming healthcare reform could be an opportunity to gain a bigger share of the health insurance and benefits market, provided they can properly advise their customers about their...
Jun 30 2010 // The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in St....
Jun 29 2010 // The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the...
Jun 28 2010 // When Michigan’s ban on texting while driving takes effect Thursday, July 1, police will be able to pull over motorists solely for using their cell phones to send or look at text messages or e-mails.Some in law...
Jun 28 2010 // With Tropical Storm Alex skirting the east coast of Mexico and heading north, if residents along the Texas Gulf Coast are thinking it’s a good time to purchase flood insurance from the National Flood Insurance...
Jun 28 2010 // The Supreme Court Monday struck down part of a law to prevent fraud committed by companies like Enron and WorldCom, saying a board to police public companies’ auditors violated the Constitution.But the ruling left...
Jun 28 2010 // Six U.S. insurance companies and Lloyd’s of London are suing for reimbursement of millions of dollars for equipment abandoned inside a Utah mine that collapsed in 2007, killing six miners and three rescuers.The suit...
Jun 25 2010 // U.S. lawmakers hammered out a historic overhaul of financial regulations as dawn broke over the nation’s capital Friday, handing President Barack Obama a major domestic victory on the eve of a global summit devoted...
Jun 25 2010 // A U.S. Senate-House of Representatives panel has completed a bill overhauling financial regulation. It must now win approval in each chamber before it can go to President Barack Obama to be signed into law.Here is a brief...
Jun 25 2010 // As time ran out on the Louisiana legislative session, lawmakers were unable to complete a deal on a Senate Bill 731, which would have allowed the attorney general to hire outside attorneys on a contingency fee basis,...
Jun 25 2010 // Some recounted their days at the smoldering ruins of the World Trade Center. Some fought back tears. Some complained that no amount of money would make them whole.Despite the mixed emotions, most of the responders on Sept....
Jun 24 2010 // Charles Binns, Divisional Director of Professional Risks at London-based broker Cooper Gay, told delegates at last week’s BrokersLink Global Conference that the introduction of new laws in a number of countries,...
Jun 23 2010 // A judge on June 21 ordered the state of Louisiana to reconsider its award of a contract to Blue Cross and Blue Shield of Louisiana to administer the HMO health plan for state workers, retirees and their dependents.Humana...
Jun 22 2010 // The UK’s new Chancellor (Finance Minister) George Osborne has announced plans to fundamentally reform the way financial services, including insurance, are to be regulated [See IJ web site –...
Jun 22 2010 // U.S. Rep. Jim Cooper and U.S. Sen. Lamar Alexander say they would secure funding for the Army Corps of Engineers to produce a detailed report of the May flooding in Tennessee.Cooper issued a statement saying he had been...
Jun 22 2010 // To settle medical malpractice lawsuits, Judge Douglas McKeon sometimes quietly listens to heartbroken family members vent their anger. He calls it “humanness.”Curiosity about medical matters led the longtime...
Jun 22 2010 // Although the benefits of bringing information technology to health records can be substantial, electronic health records (EHR) systems also give rise to increased liability risks for health care providers due to possible...
Jun 22 2010 // Republican lawmakers in Oklahoma say a gubernatorial veto will keep numerous agencies, including some of the state’s largest, from saving millions in health care costs. Legislation that supporters say would have...