All the headlines from our Legislation Topic Page, ordered by recency.
Jun 2 2009 // An insured who voluntarily agrees to pay a settlement that is not dictated by a jury verdict cannot sue its insurance company for bad faith failure to defend, even if the settlement is within the policy limits, the Georgia...
Jun 2 2009 // Legislation intended to clarify the regulation of the surplus lines insurance industry in Florida has reached the desk of Gov. Charlie Crist.Crist has until June 16 to sign the bill (HB 853), which the industry hopes and...
Jun 2 2009 // While the Texas Legislature managed to pass a long sought bill, HB4409, that addresses funding for the state’s insurer of last resort for wind and hail along the Texas coast, lawmakers failed to decide on other...
Jun 1 2009 // An Increasing Problem“This is increasingly becoming a problem on our lakes and waterways, and it was important that the Legislature step forward with a strong response.” —Oklahoma Sen. Bill Brown, author of...
Jun 1 2009 // The insurance business needs to lose a vestige of the insurance marketplace of the last century. Let’s become more friendly to competition and the free market.For my 30 years in the insurance business, insurers have...
Jun 1 2009 // Oklahoma Gov. Brad Henry has signed into law long-sought tort reform legislation aimed at curbing frivolous lawsuits and reducing costs associated with the justice system.Henry said House Bill 1603 by Rep. Dan Sullivan and...
Jun 1 2009 // National Producer Licensing Need“Throughout the current financial crisis, the state insurance regulatory system continues to show how well it protects both individual consumers and businesses. Although the system has...
Jun 1 2009 // Federal lawmakers once again are preparing to tackle the issue of how states can more effectively regulate the surplus lines insurance market. It’s been tried before, but legislation was recently reintroduced in the...
Jun 1 2009 // Only those customers who weren’t reimbursed for fraudulent charges may sue the Hannaford Bros. supermarket chain over a data breach that exposed 4.2 million credit and debit card numbers to computer hackers, a...
Jun 1 2009 // The Texas House approved a conference committee report on Saturday to hammer out windstorm insurance reform legislation with senators.House lawmakers sent the measure — which could cause lawmakers to be called back...
Jun 1 2009 // Legislation aimed at making access to the surplus lines market more efficient and help standardize state insurance regulation has been introduced again in the U.S. House of Representatives.Reps. Dennis Moore, D-Kan., and...
Jun 1 2009 // Panama’s ruling party is unlikely to pass tighter tax legislation seen as key for the signing of a U.S. free-trade deal before President Martin Torrijos steps down on July 1, legislators said this week.A bilateral...
Jun 1 2009 // Members of the Nevada legislature are battling over a construction defect bill that has turned into one of the most contentious issues of the 2009 legislative session.Senators voted 19-1 in mid-April for SB349, which would...
Jun 1 2009 // On the first day of the official hurricane season for 2009, and on the last day of the Texas legislative session, Texas lawmakers passed a bill that would recapitalize the Texas Windstorm Insurance Association...
Jun 1 2009 // Federal lawmakers once again are preparing to tackle the issue of how states can more effectively regulate the surplus lines insurance market. It’s been tried before, but legislation was recently reintroduced in the...
Jun 1 2009 // Federal legislation designed to streamline licensing for insurance agents and brokers operating in multiple states has been reintroduced in Congress.The legislation, HR 2554, the National Association of Registered Agents...
Jun 1 2009 // Texas lawmakers passed HB 148, legislation aimed at telemarketers who contact crash victims by purchasing accident reports from local police departments.The bill now on its way to Governor Perry for his signature makes it...
May 31 2009 // Time is running out on the Texas Legislature.Several big issues — including restoring the state’s windstorm insurance fund — were in final negotiations as the last weekend of the 140-day session turned...
May 31 2009 // The Obama administration’s ambitious draft plan to redraw U.S. financial regulation has been panned by banking groups, setting the stage for a bruising months-long battle among lawmakers and federal agencies.Signs...
May 29 2009 // West Virginia officials plan to enforce a long-ignored regulation requiring reviews of accidents involving state vehicles in response to a legislative audit that criticized one agency.The audit says 19 Alcohol Beverage...