All the headlines from our Legislation Topic Page, ordered by recency.
Feb 25 2010 // The Florida Hurricane Catastrophe Fund needs $710 million to continue to pay claims still coming in from 2005’s Hurricane Wilma but it is going to have to wait to assess policyholders to get those funds.The Florida...
Feb 25 2010 // Florida insurance officials have reached an agreement with the first foreign reinsurer to operate under collateral requirements that were reduced in 2008 in an attempt to attract new reinsurers to the state.The Florida...
Feb 24 2010 // President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according to an insurance trade group.A plan released Monday by the White House would give the...
Feb 23 2010 // A U.S. judge on Monday certified a class action lawsuit for stockholders, but not bondholders, against American International Group Inc.U.S. District Judge Deborah Batts denied a request by three Ohio state public pension...
Feb 22 2010 // The California Department of Insurance is considering proposing new regulations governing standards and training for estimating replacement value on homeowners’ insurance. Among the ideas that was floated at a recent...
Feb 22 2010 // President Barack Obama tried to rejuvenate his stalled U.S. health care overhaul Monday with a revised plan to make insurance coverage more affordable and bolster federal authority to regulate premium hikes.The proposal...
Feb 22 2010 // A state district judge has granted Louisiana’s auto dealers’ and tire stores’ request to temporarily stop the state from forcing them to become licensed insurance agents in order to sell tire-and-wheel...
Feb 22 2010 // Free-standing legislation introduced by Reps. Betsy Markey of Colorado and Thomas Perriello of Virginia to amend the McCarran-Ferguson Act for health insurers no longer includes text to remove the limited antitrust...
Feb 21 2010 // Just when producers thought it was safe, mandatory compensation disclosure has reared its ugly head again.In a move that has its origins in the Spitzer days, New York regulators are mandating that insurance agents and...
Feb 21 2010 // South Carolina’s economic recovery could be helped by new limits on lawsuits, claims a business group in urging state lawmakers to consider legislation to do just that.The Senate Judiciary committee is weighing...
Feb 21 2010 // A Republican lawmaker who is running for governor in Georgia has introduced legislation to ban executives of insurance companies from contributing to a political campaign for the office of state insurance commissioner or...
Feb 21 2010 // Washington is one step closer to allowing the creation of a flood insurance joint underwriting association (JUA), a publicly sponsored, temporary, not-for-profit insurer of last resort to provide flood insurance when the...
Feb 19 2010 // A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest...
Feb 18 2010 // Washington House passed legislation allowing for the creation of a flood insurance joint underwriting association (JUA) as an insurer of last resort for businesses in the Green River Valley. House Bill 2560, which passed...
Feb 17 2010 // A Missouri House of Representatives committee is considering legislation designed to stabilize a financially troubled state fund for injured workers by triggering higher workers’ compensation premiums for...
Feb 17 2010 // The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again — but two of them say they won’t do it.Officials in New York, Illinois and Connecticut...
Feb 16 2010 // Legislation aimed at protecting New Mexico’s spaceport from liability while the commercial space industry tackles the hazards of space flight was approved by a 37-0 vote in the state Senate.The approval is a victory...
Feb 16 2010 // A Republican state lawmaker who is running for governor in Georgia has introduced legislation to ban executives of insurance companies from contributing to a political campaign for the office of state insurance...
Feb 16 2010 // The Massachusetts Supreme Court has sided with the state’s insurance commissioner in a heated lawsuit brought by the state’s insurance agents and Arbella Mutual Insurance Co. over how new companies are assigned...
Feb 11 2010 // President Barack Obama has asked Republicans to bring their best ideas on healthcare reform to a televised bipartisan meeting later this month that Democrats hope will help restart the stalled healthcare overhaul...