All the headlines from our Legislation Topic Page, ordered by recency.
Oct 9 2008 // The chairman of the Securities and Exchange Commission on Wednesday urged the U.S. Congress to act now to provide oversight of the fast growing $55 trillion credit default swap market.The lack of regulation is a growing...
Oct 9 2008 // A Connecticut judge has given the brush-off to a blonde woman’s lawsuit claiming L’Oreal Inc. ruined her social life when she accidentally dyed her hair brunette with one of its products.Charlotte Feeney says...
Oct 9 2008 // An Ingham County judge has ruled for and against Blue Cross Blue Shield in its defense against a state lawsuit accusing the insurer of illegally shifting money to help buy three workers’ compensation...
Oct 8 2008 // Lawmakers criticized American International Group Inc. Tuesday for ignoring financial warnings and for executive compensation deals and lavish spending, including a company gathering at an expensive resort just days after...
Oct 8 2008 // Texas House of Representatives Speaker Tom Craddick has created a House Select Committee on Hurricane Ike Storm Devastation to the Texas Gulf Coast.The committee will be charged with reviewing the state and local...
Oct 8 2008 // Ron Musser, the assistant commissioner of Financial Solvency for the Louisiana Department of Insurance, has received the Al Greer Achievement Award from the Insurance Regulatory Examiners Society (IRES), the department...
Oct 7 2008 // With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months.Further-reaching regulation is almost certain. Previously obscure corners of...
Oct 7 2008 // Key Louisiana lawmakers plan to challenge property insurers by trying to limit the special deductibles they can impose when homes are damaged by tropical storms and hurricanes.The so-called “named-storm”...
Oct 7 2008 // U.S. regulators sent a letter to American International Group Inc. in March warning of its lack of transparency and ability to oversee its financial products, a top Democratic lawmaker said Tuesday.Rep. Henry Waxman, who...
Oct 6 2008 // New York State Insurance Superintendent Eric Dinallo, who heads a national panel of state regulators overseeing possible sales of assets by American International Group (AIG), has asked an investment advisory firm to...
Oct 6 2008 // Rep. Henry Waxman, chairman of the U.S. House Committee on Oversight and Government Reform, has asked the new chief executive officer at American International Group Inc. to give his committee internal documents related to...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group — called too...
Oct 6 2008 // Federal vs. state—AIG“This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First and foremost, AIG is not an insurance company; it is a federally-regulated holding...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group — called too...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group —...
Oct 6 2008 // Rep. Henry Waxman, chairman of the U.S. House Committee on Oversight and Government Reform, has asked the new chief executive officer at American International Group Inc. to give his committee internal documents related to...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group —...
Oct 6 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 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group — called too...
Oct 6 2008 // Insurance Journal‘s exclusive “AIG in Crisis Survey” asked independent agents: What insurance, management, economic, regulatory or other lessons the industry and public should learn from AIG’s...