All the headlines from our Legislation Topic Page, ordered by recency.
Oct 1 2009 // The U.S. Senate passed a temporary extension of the National Flood Insurance Program (NFIP) and President Barack Obama signed the legislation into law just few hours before the program was set to expire yesterday.The NFIP...
Oct 1 2009 // Moody’s Corp. chief executive told lawmakers on Wednesday that his credit rating firm may agree to disclose some of its fees to regulators, but opposes a plan to impose greater liability on the sector.At a hearing to...
Sep 30 2009 // A former lawmaker who faces a murder charge in the death of his ex-girlfriend has now been sued by the woman’s family.The Lexington Herald-Leader reports the family of Amanda Ross filed the wrongful death lawsuit in...
Sep 30 2009 // The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear...
Sep 30 2009 // A federal judge in Pennsylvania is allowing a class-action claim against an insurance company accused of failing to pay overtime to claims adjusters that worked at a Pittsburgh-area office.U.S. District Judge Sean...
Sep 29 2009 // The Maryland Insurance Administration (MIA) has been given a five year accreditation from the National Association of Insurance Commissioners (NAIC) for solvency regulation.The accreditation under the Financial Regulation...
Sep 29 2009 // A U.S. appeals court Monday reinstated an Alaska lawsuit against Altria Group Inc.’s Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not preempted by federal law...
Sep 25 2009 // Insurance may emerge as the next big growth area in Canadian banking, even though regulations prohibit lenders from selling via their branches and insurance brokers vehemently oppose the move.When Canada’s biggest...
Sep 25 2009 // Documents show a state-chartered workers compensation insurer in Colorado once planned to seek permission to buy other insurance companies but later backed off.The Denver Post reported Wednesday that Pinnacol Assurance...
Sep 25 2009 // State insurance regulators are throwing their weight behind a federal measure that would change the way reinsurance is regulated.The National Association of Insurance Commissioners (NAIC) is supporting the Reinsurance...
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...