All the headlines from our Legislation Topic Page, ordered by recency.
Sep 25 2009 // Safety investigators told federal regulators three years ago that it was dangerous for bus drivers to talk on cell phones while driving and recommended a ban.The National Transportation Safety Board put that recommendation...
Sep 25 2009 // The Bermuda Monetary Authority (BMA) has signed a Memorandum of Understanding (MOU) with the Florida Office of Insurance Regulation (FLOIR).The bulletin noted that it “is the latest in a number of such agreements...
Sep 23 2009 // U.S. Treasury Secretary Timothy Geithner argued forcefully Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope.Amid stiff resistance by banks and...
Sep 23 2009 // Insurance executives see their companies performing above general market expectations in 2010, but their outlook on the industry’s ability to generate underwriting profit in the next one to three years remains...
Sep 23 2009 // Two North Carolina state legislators have been named “State Legislators of the Year” by the National Association of Mutual Insurance Companies (NAMIC) for their efforts to pass legislation reforming the...
Sep 23 2009 // The New York State Insurance Department has been accredited under the National Association of Insurance Commissioners’ (NAIC) Financial Regulations Standards and Accreditation Program.“State insurance...
Sep 23 2009 // Home, auto and business insurers did not cause the current financial crisis, do not present systemic risk, and are already regulated effectively, a group of them is telling federal lawmakers looking at expanding financial...
Sep 23 2009 // Long-time Sacramento lobbyist for California insurance agents and former Federal Bureau of Investigations investigator, Fred G. Dupuis, died last week in Marin County, where he had lived for 60 years. Dupuis was 93 years...
Sep 22 2009 // A federal judge has ruled that a contractor does not owe damages to Vectren Corp. over a natural gas explosion at an Indiana home that killed two women. Vectren sued Iowa Pipeline Associates, claiming its workers...
Sep 22 2009 // Blame for the financial crisis and the near collapse of American International Group should reflect “the substantial evidence of fundamental failures in U.S. and foreign regulation of commercial banking, thrift...
Sep 21 2009 // Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists.They got their producer licenses in states that did...
Sep 21 2009 // The Independent Insurance Agents of Virginia (IIAV) has given its Commonwealth Award to Republican lawmaker Frank D. Hargrove Sr. The award recognizes outstanding service for the insurance industry, independent insurance...
Sep 21 2009 // The New York State Insurance Department released proposed new rules mandating how and what insurance agents must reveal to clients about how they are compensated in the sale of policy.The so-called transparency rules...
Sep 21 2009 // Data breaches have hit an all time high and with that have been a dramatic increase in new data security and privacy laws and regulations. Both state and federal regulations have been in place for several years with...
Sep 21 2009 // The Web site for Hanover Excess (www.hanoverxs.com) proclaims that the people at this North Carolina excess and surplus brokerage believe in the “pursuit of excellence while keeping a sense of humor.”David...
Sep 21 2009 // Executives from Colorado’s state-chartered workers’ compensation insurance company defended themselves against accusations of lavish spending and excess profits during a legislative hearing and they told...
Sep 21 2009 // A bill recently introduced in California could encourage more ecologically friendly insurance policy products, putting the state again at the fore of pushing, and leading, for greener public policies.The bill, which has...
Sep 21 2009 // California has issued final pay-as-you-drive regulations, which will guide insurers offering consumers rates that are based on actual as opposed to estimated miles driven.The regulations allow insurers to offer discounts...
Sep 21 2009 // The House of Representatives passed HR 2571, the Non-Admitted and Reinsurance Reform Act of 2009, on Sept. 9.The bill, authored by Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N.J, will simplify the tax remittance and...
Sep 21 2009 // Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008.Changing regulatory conditions and reforms have also impacted the...