All the headlines from our Legislation Topic Page, ordered by recency.
Mar 25 2010 // Giant insurance broker Marsh says its main brokerage unit will not accept contingent commissions on business for U.S. or Canadian clients but its Marsh & McLennan Agency and its affinity and personal lines business...
Mar 25 2010 // Insurance and real estate agents are being advised to prepare their clients for another possible interruption of the federal flood insurance program in three days, which could be longer than the one that happened last...
Mar 24 2010 // Florida Gov. Charlie Crist said he would like to give the state insurance regulator authority to prevent excessive payments by home-based insurance companies to affiliated managing general agencies and other...
Mar 24 2010 // Insurance agents and carriers are reporting progress in their efforts to modify a proposed federal financial services regulation bill passed by the Senate Banking Committee, while risk managers have extended their support...
Mar 23 2010 // The director of an embattled legislative panel bucked the position held by panel advisers when she declined to make a recommendation on a bill with sweeping consequences for the nation’s largest state-run injured...
Mar 22 2010 // In a briefing session to introduce a package of bills supported by the Louisiana Department of Insurance for the upcoming legislative session, Insurance Commissioner Jim Donelon described the state’s insurance market...
Mar 22 2010 // U.S. Congressman Charlie Melancon (LA-03) sent a letter to the nation’s top fire official requesting his assistance in protecting homeowners from toxic Chinese drywall. In his letter to U.S. Fire Administrator Kelvin...
Mar 22 2010 // A federal judge rejected a multimillion dollar settlement for people sickened by ash and dust from the World Trade Center, saying the deal to compensate 10,000 police officers, firefighters and other laborers didn’t...
Mar 22 2010 // The U.S. House of Representatives approved a sweeping $940 billion healthcare overhaul Sunday in a two-step process that sends a Senate version of the bill to President Barack Obama for his signature and a package of...
Mar 22 2010 // The Georgia Supreme Court has struck a cap on medical malpractice awards imposed in 2005 as part of a package of legislative tort reforms.The state’s high court said the law limiting noneconomic damages in medical...
Mar 22 2010 // On a late-night 219-212 vote, House Democrats approved the most dramatic health policy changes in four decades. The vote sends the bill, already passed by the Senate, to Obama to sign into law.The overhaul will extend...
Mar 22 2010 // Independent insurance agents are among those today expressing their disappointment with the health care reform bill passed by the U.S. House of Representatives. The House approved the Senate-passed bill and also approved a...
Mar 22 2010 // The Illinois Supreme Court has ruled that an appellate court was correct when it found that an insurance company cannot exclude occupants of an insured vehicle from underinsured motorists coverage (UIM).The high...
Mar 19 2010 // “The heightened environmental liabilities created by recent European Union (EU) and UK environmental legislation were among the top risk management concerns raised by delegates at this week’s Base conference in...
Mar 19 2010 // Iowa lawmakers worked March 17 to hammer out differences in two bills restricting drivers from sending or reading text messages.The legislation also would ban all cell phone use by drivers under 18 years old. The House and...
Mar 19 2010 // As the U.S. Congress once again rallies to pass healthcare reform legislation, momentum is growing in many states to pass laws to block the changes — a move that could lead to a legal battle over states’...
Mar 19 2010 // Property/casualty insurance companies, which already pay into state guaranty funds to backup claims of their insolvent peers, don’t want to have to also pay into a federal fund to cover failures of larger and riskier...
Mar 18 2010 // The Bermuda Monetary Authority (BMA) has exchanged Letters of Cooperation with the Swiss Financial Market Supervisory Authority (FINMA). The Letters “formally establish the basis for consultation, cooperation and...
Mar 17 2010 // Europe’s insurers are able to withstand even a major financial crisis, an EU watchdog said on Tuesday, boosting industry hopes for less onerous regulation.EU insurance watchdog CEIOPS, (the Committee of European...
Mar 17 2010 // Last December a jury ordered BP to pay $100 million in punitive damages at the conclusion of a trial over the April 2007 release at BP’s 455,790 barrel-per-day refinery in Texas City, Texas.U.S. District Judge...