All the headlines from our Legislation Topic Page, ordered by recency.
Dec 22 2008 // Gov. Jim Doyle and the Legislature legally used $200 million from Wisconsin’s medical malpractice fund to help balance the state budget, a judge has ruled.The decision, if it stands, spares the state from immediately...
Dec 22 2008 // Allianz SE announced that it has launched a new division for Economic Research and Strategic Development. The new internal consulting division, which combines economic research and Allianz’ strategic corporate...
Dec 22 2008 // California State Insurance Commissioner Steve Poizner is under fire from his predecessor and a consumer group for proposing regulation changes that they say would increase rates for automobile, homeowner and most other...
Dec 21 2008 // 2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft...
Dec 21 2008 // Ask agents and executives in the insurance industry about the coming year and they’ll say they expect that the market will harden, at least slightly. In fact, 73 percent of agents predict prices will firm, according...
Dec 21 2008 // WestCalifornia Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the...
Dec 19 2008 // Helmetless motorcyclists should be able to prove that they have enough health insurance to pay for any injuries they may incur while driving, an Arkansas state lawmaker has proposed.Sen. Kim Hendren, R-Gravette, filed...
Dec 19 2008 // The Ohio Senate has signed off on preserving a workers’ compensation rate system that many businesses say is unfair and detrimental to the economy.The Senate voted 31-1 on Dec. 15 to preserve the current group rating...
Dec 19 2008 // A federal judge in New Orleans has dismissed an antitrust lawsuit Louisiana’s former attorney general filed against some of the nation’s largest insurance companies after hurricanes Katrina and Rita.The suit,...
Dec 18 2008 // The U.S. Securities and Exchange Commission voted on Wednesday to begin scrutinizing annuities linked to equity indexes, a complex financial product the agency says falls into a regulatory no-man’s land.The 4-1 vote...
Dec 17 2008 // ACE Europe (ACE) announced that it has “further strengthened its environmental risk team with the appointment of Chris Strong as Environmental Risk Underwriter.” ACE said it made the appointment in anticipation...
Dec 17 2008 // A lawyer was led out of a New Orleans court in handcuffs Dec. 15 after an altercation with another attorney on the rival side of a hurricane insurance case.A state judge in New Orleans held attorney J. Robert Ates in...
Dec 16 2008 // Republican lawmakers in Ohio say they hope a bill requiring more transparency in certain asbestos exposure claims is expected to be approved this week If that happens, the bill would then go to Democratic Gov. Ted...
Dec 16 2008 // An Arizona legislator is renewing a controversial proposal to make it harder to successfully sue emergency medical providers for alleged malpractice.Republican Sen. Carolyn Allen of Scottsdale says raising the burden of...
Dec 15 2008 // State Rep. Doug Cox of Grove, Okla., who in the last legislative session blocked passage of measure that would have required nursing homes to carry a minimum of $250,000 in liability insurance, says he’s selling his...
Dec 15 2008 // The Securities and Exchange Commission is investigating the state-backed Citizens Property Insurance Corp. on bid placements earlier this year on auction rate securities.The SEC issued a subpoena June 24 seeking documents...
Dec 12 2008 // A report says Connecticut’s taxi industry has unusually high crash rates, inconsistent inspection standards and unpredictable fares.The legislature’s Program Review & Investigations Committee report...
Dec 11 2008 // A judge has ruled that Mattel, Wal-Mart and others can still be sued for making and selling toys with high lead levels, even though the companies offered safer replacements after a recall. Judge Dale Fischer filed the...
Dec 11 2008 // A federal judge in Akron has rejected a local attorney’s claim that automatic traffic cameras violate the Constitution.Lawyer Warner Mendenhall filed suit after his wife got a speeding ticket in November 2005 from a...