Latest Legislation Headlines

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

Michigan House Panel Advances Bill on Fremont Insurance Takeover

Apr 19 2010 // Michigan lawmakers are wading into a fight over control of a west Michigan insurance company.The House Insurance Committee has approved legislation that would make it tougher for Biglari Holdings Inc. to take over Fremont...

Florida to Hold Hearing on Federal Healthcare Reform Impact

Apr 19 2010 // Florida regulatory officials are preparing for the implementation of the new healthcare reform law.Florida Insurance Commissioner Kevin McCarty said his Office of Insurance Regulation (OIR) will use a May 4 joint public...

Declarations

Apr 19 2010 // Miner Safety“We know there are things in the law that needed to be improved even before this tragedy. Unfortunately mine health safety laws are passed in the blood of dead miners.” —Aaron Albright, a...

Insurers’ Group Comments on End of Sessions in Maine, Maryland

Apr 15 2010 // The American Insurance Association (AIA) says the P/C industry made some positive legislative steps in Maine and Maryland this year, although the trade group says it was disappointed with a Maryland law that will raise the...

How to Handle Firms ‘Too Big To Fail’ Divides Democrats, Republicans

Apr 14 2010 // U.S President Barack Obama will try to turn up the pressure for an overhaul of Wall Street regulations as he meets Wednesday with top Democratic and Republican lawmakers to discuss a sweeping package of reforms.Republicans...

Oklahoma Gov. Signs Legislation on Distracted Driving

Apr 14 2010 // Oklahoma Gov. Brad Henry has signed into law a piece of legislation that will allow law enforcement to cite drivers who drive dangerously while using their cell phone, but prohibit them from initiating a traffic stop...

Florida’s Northern Capital to Be Liquidated; All Policies End May 30

Apr 13 2010 // Judge James O. Shelfer of the Second Judicial Circuit Court of Florida has ordered Miami-based Northern Capital Insurance Co. (NCIC) into receivership for the purpose of rehabilitation.At the same time, the court ordered...

Lawsuits Against Toyota Consolidated Under Federal Judge in Los Angeles

Apr 12 2010 // A panel of federal judges Friday consolidated dozens of lawsuits against Toyota Motor Corp. over cars that have raced out of control, assigning them to a single federal judge in Los Angeles.The decision is another step in...

Maryland Lawmakers Ban Hand-Held Phones While Driving

Apr 12 2010 // Maryland drivers will have to use handsfree devices to talk on cell phones while driving under legislation passed by the Maryland General Assembly on Friday.The House of Delegates voted 125-14 to pass a measure already...

Senate to Consider Restarting Flood Insurance Program Today

Apr 12 2010 // Congress today could advance a provision reinstating the flood insurance program as part of a bill extending unemployment benefits and subsidies for COBRA health insurance premiums.The Senate is scheduled to vote on...

Calif. Proposes Agent/Broker Regs To Alleviate Under-Insurance

Apr 9 2010 // To alleviate concerns about homeowner under-insurance, the California Department of Insurance has informed Insurance Journal that it has scheduled a hearing for May 17 in Los Angeles to discuss proposed regulations...

West Virginia Mine Accident Could Spur New Regulations

Apr 9 2010 // The U.S. mining industry may face additional regulations following this week’s deadly explosion at a West Virginia coal mine.Key lawmakers have vowed to look into the accident at Massey Energy’s Upper Big...

Massey Has Insurance for Mine Blast But Not for Business Interruption

Apr 9 2010 // Massey Energy Co. said Friday it will increase coal production at its other mines to compensate for production lost at the West Virginia mine where at least 25 miners died in a blast this week.It expects to reopen the...

Arizona Aims to Privatize State Workers’ Compensation Insurer

Apr 8 2010 // The Arizona House Commerce Committee has unanimously endorsed newly proposed legislation to require State Compensation Fund of Arizona (SCF Arizona) to become a private mutual insurance company owned by its...

5 More States Join Lawsuit Against New Healthcare Law

Apr 8 2010 // Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Wednesday.The joint lawsuit...

Florida Gov. Crist Vows to Veto Bills Favoring Insurers

Apr 8 2010 // Gov. Charlie Crist says he will veto any legislation that raises homeowners insurance rates.“If a bill gets to my desk that favors the insurers, I will veto it,” Crist told a group of Realtors convening at the...

Workers’ Comp Reform Bill Passes Oklahoma House Committee

Apr 8 2010 // Legislation reforming the Oklahoma’s workers’ compensation court and system has passed a state House of Representatives committee. Reform of the state’s workers’ compensation has been a priority for...

Kentucky Gov. Beshear Signs Municipal Insurance Accountability Bills

Apr 8 2010 // Gov. Steve Beshear has signed into law two Senate bills that will ensure that public entities and affiliated organizations such as the Kentucky Association of Counties (KACo) and the Kentucky League of Cities (KLC) conduct...

Kansas Lawmakers Add Exemptions to Insurance Scoring Law

Apr 8 2010 // A national insurer trade organization is praising the Kansas Legislature for passing legislation (HB 2501) that includes what the trade group says are positive changes to the state’s laws regarding the credit...

Federal Judge in New Orleans Awards $2.6M in Chinese Drywall Case

Apr 8 2010 // A federal judge in New Orleans has awarded seven plaintiffs from Virginia more than $2.6 million in a consolidated case involving damage to the plaintiff’s homes as a result of the installation of substandard drywall...