All the headlines from our Legislation Topic Page, ordered by recency.
Jun 24 2009 // Every insured homeowner in North Carolina could shoulder the cost of rebuilding if a massive hurricane hits under a deal taking shape in the Legislature.The legislation (HB1305), expected to be detailed in a House...
Jun 24 2009 // The American Insurance Association (AIA) has expressed disappointment that the Louisiana Senate chose not to consider asbestos lawsuit reform legislation during the 2009 session. The insurance company trade group, however,...
Jun 24 2009 // Siding with domestic insurers, consumer groups and the state insurance regulator, Florida Gov. Charlie Crist today vetoed a bill designed to keep State Farm from leaving and attract other large insurers to the state by...
Jun 23 2009 // A retired Pennsylvania Superior Court judge will not forfeit his $82,000 annual pension for the insurance fraud that landed him in federal prison for 46 months.That’s because the Pennsylvania State Employees’...
Jun 23 2009 // The impact of the financial crisis is the most significant risk facing the insurance industry, according to a new report by Ernst & Young. In its second annual business risk report – insurance 2009, model risk...
Jun 22 2009 // Federal prosecutors may seize $30 million and three bank accounts from a pair of Kentucky lawyers convicted of bilking clients in a diet-drug settlement, a judge says.U.S. District Judge Danny Reeves on Thursday granted...
Jun 22 2009 // Connecticut officials were repeatedly warned about the dangers posed by a chimpanzee that later mauled and blinded a woman and were urged — more than three years before the attack — to take action, but failed...
Jun 22 2009 // Florida Insurance Commissioner Kevin McCarty announced that the Office of Insurance Regulation and the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) have agreed to work together on sharing and...
Jun 19 2009 // A new law could save homeowners money when a hurricane off the Atlantic coast churns up weather strong enough to damage homes in Rhode Island but never reaches the state.Legislation signed last week by Gov. Don Carcieri...
Jun 18 2009 // Florida Gov. Charlie Crist has signed into law a bill that amends the rules for reporting of professional liability claims by insurers and health care providers.The bill (SB 2252) also defines when a claim exists and sets...
Jun 18 2009 // After Florida limited the fees paid to attorneys in workers’ compensation in 2003, attorney involvement in cases fell only slightly, according to new research.A significant proportion of Florida workers injured at...
Jun 18 2009 // House lawmakers are divided about how to supervise the insurance industry as Congress reviews the Obama administration’s blueprint for a broad overhaul of the nation’s financial rule book.Rep. Paul Kanjorski,...
Jun 17 2009 // A Miami judge ruled on Tuesday that BDO International B.V. should not have to pay $352 million in punitive damages awarded against its U.S. member, BDO Seidman, in an ongoing landmark audit malpractice trial.Closing...
Jun 17 2009 // President Barack Obama plans on Wednesday to unveil his proposal to overhaul U.S. financial regulatory system.Here are the main provisions as outlined by administration officials and as detailed in a document obtained by...
Jun 17 2009 // President Barack Obama will unveil on Wednesday his plans for reshaping U.S. financial regulation, with proposals to close one bank regulator and create new overseers for big-picture economic risk and consumer financial...
Jun 17 2009 // As American International Group (AIG) continues its restructuring, California Insurance Commissioner Steve Poizner has appointed a special examiner to assist in the monitoring of AIG’s insurance...
Jun 17 2009 // A New Jersey woman who claimed her bipolar disorder was brought on by a stressful relationship with her boss is not eligible to collect workers’ comp benefits, a compensation judge has ruled.The case was brought by...
Jun 17 2009 // The U.S. Treasury department today issued a white paper entitled, Financial Regulatory Reform: A New Foundation. The following is an excerpt from the report on insurance: Enhance Oversight of the Insurance Sector Our...
Jun 17 2009 // The Obama administration’s views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry.Most in the...
Jun 16 2009 // A retired Putnam County judge has been picked to replace state Supreme Court Chief Justice Brent Benjamin on a case involving Massey Energy.Acting chief justice Robin Davis appointed James Holliday on Thursday to serve on...