All the headlines from our Legislation Topic Page, ordered by recency.
Oct 24 2008 // The credit crisis shows regulatory gaps need to be closed on credit default swaps and investment bank supervision, the chairman of the U.S. Securities and Exchange Commission said on Thursday.“The lessons of the...
Oct 24 2008 // A since-retired state appellate judge used his title and told lies and half-truths about injuries from a slow-speed fender-bender to collect $440,000 from two insurance companies, a federal prosecutor said Wednesday to...
Oct 23 2008 // The top executive of Moody’s warned his board in 2007 that the quality of credit ratings was in danger due to trends that could “place the entire financial system at risk.”The confidential briefing was...
Oct 23 2008 // Six men and six women have been selected as jurors in the federal fraud trial of a retired Pennsylvania appellate judge in Pittsburgh and opening statements are expected to begin. Ex-Superior Court Judge Michael Joyce is...
Oct 22 2008 // Jury selection is expected to wrap up in the federal fraud trial of a retired Pennsylvania appellate judge in Pittsburgh.Retired Superior Court Judge Michael Joyce is charged with mail fraud and money laundering because...
Oct 22 2008 // An Illinois judge has tossed the confession of an East Peoria man accused of setting fire to a Peoria Heights house, ruling it was coerced by police who threatened him with charges of attempted murder. Monday’s...
Oct 21 2008 // Following two straight years of reporting declines in the number of new lawsuits and regulatory proceedings — including a drop in large-dollar cases — U.S. companies now anticipate an uptick in new actions and...
Oct 20 2008 // The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s well-attended conference (over 240 attendees) in London on October 15.Roger Sellek, the rating agency’s...
Oct 20 2008 // The Bermuda Monetary Authority (BMA) issued a bulletin welcoming the recently released report by the International Monetary Fund (IMF), which gave the island high marks for its regulatory system.The bulletin noted that the...
Oct 20 2008 // A top U.S. lawmaker has asked the chief executive of American International Group for details on how the company has used its $123 billion of taxpayer rescue funding so far.Rep. Henry Waxman, chairman of the U.S. House...
Oct 20 2008 // After a fender-bender in 2001, a Pennsylvania appellate judge claimed he was left in constant pain, unable to golf or swim or even at times hold a cup of coffee steady.Yet the following year, prosecutors say, he was...
Oct 20 2008 // No-one expects a fallen Master of the Universe to say sorry. But academics say an apology — for all the litigation risk it entails — can be the basis of revitalised confidence and trust.With global markets...
Oct 20 2008 // The Supreme Court of Texas recently held a rare rehearing of a unanimous decision listening to arguments about whether it erred last year in ruling that a contract employee who suffered on-the-job injuries couldn’t...
Oct 20 2008 // The Kansas Insurance Department is following up on consumer inquiries and closely monitoring the legal issues surrounding Brooke Corp. and its insurance related affiliates, said Sandy Praeger, Commissioner of Insurance and...
Oct 20 2008 // Although the nation’s attention is focused on the financial crisis it is worth thinking about how this mess will affect attitudes toward government intervention.The July issue of The Atlantic magazine, published...
Oct 20 2008 // Not only is regulation back in vogue, but regulatory competition also appears to be on its way out of fashion.Although the nation’s attention is focused on the financial crisis it is worth thinking about how this...
Oct 20 2008 // Insurance regulators in New York and Bermuda have agreed to closer cooperation in overseeing insurance matters. New York State Insurance Superintendent Eric Dinallo and Matthew Elderfield, chief executive officer of the...
Oct 20 2008 // Not only is regulation back in vogue, but regulatory competition also appears to be on its way out of fashion.Although the nation’s attention is focused on the financial crisis it is worth thinking about how this...
Oct 20 2008 // New federal “Red Flag” regulations will soon require businesses of all sizes to have identity theft and data breach protections in place. By Nov. 1, 2008, the date at which the regulations should be...
Oct 20 2008 // From tornadoes, hail and flooding to the impact of the AIG bailout and the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin...