All the headlines from our Legislation Topic Page, ordered by recency.
May 4 2009 // With consumers’ credit scores dropping as lenders tighten credit terms, insurance consumer advocates are stepping up their criticism of the use of credit scores by insurance companies.They are also warning insurers...
May 1 2009 // A Nevada Senate panel was urged to support an Assembly-approved plan that would help prevent identity theft by making less credit card information available on printed receipts.AB389 would prohibit printing more than the...
May 1 2009 // An ex-judge for the Pennsylvania Superior Court has begun serving his 46-month sentence for insurance fraud at a minimum-security federal prison in West Virginia. Online federal prison record confirm that former judge...
May 1 2009 // An Indiana bill that would strengthen protections against identity theft is poised to win final approval from the Indiana General Assembly and move to the governor’s desk.House Enrolled Act 1121, the identity-theft...
Apr 30 2009 // Marsh announced that it has established protected cell captive (PCC) [also known as segregated account] insurance facilities in Washington, DC, and Isle of Man “to serve the needs of small and mid-sized businesses...
Apr 30 2009 // Massachusetts egistrar of motor vehicles is warning House members she will have to close one-third of RMV branches if they cut her budget as planned. Rachel Kaprelian said in a memo this week that trimming her budget from...
Apr 30 2009 // A federal judge has awarded a former Army Special Forces commander nearly $500,000 because she was rejected from a job at the Library of Congress while transitioning from a man to a woman.Diane Schroer of Alexandria, Va.,...
Apr 30 2009 // A Wake County judge has cleared the way for homeowners insurance rates to drop in nearly three dozen western North Carolina counties and soar along the coast starting Friday.Superior Court Judge Ronald Stephens this week...
Apr 29 2009 // The Florida House and Senate are trying informally to work out differences in bills to address the state’s property insurance crisis, including how much rates for more than one million customers of the state-backed...
Apr 28 2009 // AIG’s near collapse is a credit-crunch case study in how Europe can improve supervision of big cross-border insurers, a top EU market regulator said on Monday.The American insurer has received nearly $180 billion in...
Apr 28 2009 // Too many regulators currently watch over U.S. companies and a fear that some industries may soon face even more rules could be hurting the U.S. recovery, two top financial industry executives said.“We need a lot...
Apr 28 2009 // A coalition of county commissioners from across Minnesota have formally voiced their opposition to a bill in the legislature that they claim would grant wealthy trial lawyers a pay raise at the expense of the state’s...
Apr 28 2009 // Four more highway projects, including the widening of Interstate 10 in Baton Rouge, will be funded with Louisiana’s share of the federal stimulus package after receiving quick approval Monday from lawmakers.The $133...
Apr 28 2009 // In my opinion, Florida Insurance Commissioner Kevin McCarty’s assertions that our state has “one of the most” competitive property insurance markets in the country and that easing rate regulation will not...
Apr 28 2009 // A congressional panel will examine whether an optional federal charter for insurance companies is needed, the chairman of the U.S. House Financial Services Committee said Tuesday.The committee’s panel on insurance...
Apr 27 2009 // The Florida House has approved property insurance legislation that promises to reduce the exposure of the state’s backup hurricane insurance fund and gradually raise rates for policyholders insured in state-backed...
Apr 27 2009 // When corporations want to borrow large sums of money they usually rely on selling bonds. Introductory college finance courses always include a chapter covering interest rates and bonds. So, much of the information I...
Apr 27 2009 // David Tatman of the Tatman Group and lobbyist for the Louisiana Surplus Lines Association, has outlined some of the legislation that group will be following during Louisiana’s legislative session, which opens...
Apr 24 2009 // Oh, for the days when a little irrational exuberance was the biggest problem facing the world’s bankers and financiers.It is way beyond that now. With the financial world mired in a stubborn credit crisis and the...
Apr 24 2009 // It is always interesting, and frequently amusing, to read various “research” pieces on the Florida property insurance market. While I, like every other insurance regulator, industry professional and observer in...