All the headlines from our Legislation Topic Page, ordered by recency.
Sep 29 2008 // The Center for Auto Safety, Consumer Action and Consumers Union are united in urging California Gov. Arnold Schwarzenegger to sign Assembly Bill AB 2825, designed to protect motorists from auto body repair fraud. The...
Sep 29 2008 // U.S. lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as the world credit crisis claimed more banks.By a vote of 228-to-205 the House rejected a...
Sep 28 2008 // President Bush said Sunday the $700 billion financial bailout being finalized by Congress would help protect the U.S. economy from a “system-wide breakdown” and expressed confidence it would be approved...
Sep 26 2008 // Calif. Gov. Arnold Schwarzenegger has signed legislation to help transform the Golden State’s workers’ compensation insurer, the State Compensation Insurance Fund. Assembly Bill 1874 and Senate Bill 1145 are an...
Sep 26 2008 // A lawmaker and Democratic candidate for North Dakota insurance commissioner says a commissioner should not be focusing on another job in the industry while holding office.Rep. Jasper Schneider, D-Fargo, is proposing to bar...
Sep 26 2008 // U.S. congressional leaders will try again on Friday to save a $700 billion Wall Street rescue plan after talks broke down in acrimony against the backdrop of the nation’s biggest-ever bank failure.As negotiations...
Sep 26 2008 // State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal...
Sep 25 2008 // After three days of deliberation in one of the longest jury trials ever held in Kansas, a jury in January left residents in a southeast city stunned.The panel had decided that the city of Neodesha was not entitled to...
Sep 24 2008 // The following commentary on the push for federal regulation as a result of AIG and other financial institutions’ troubles was written by Robert PIerce, CEO, Michigan Association of Insurance Agents. Over the last few...
Sep 24 2008 // A former assemblyman from Queens has been hired to a newly created $140,000-a-year state job — in spite of the governor’s own orders putting a freeze on hiring.The Daily News reports that retired Assemblyman...
Sep 24 2008 // In testimony before the U.S. International Trade Commission, the Property Casualty Insurers Association of America (PCI) stressed the “importance of the U.S.-China insurance trade relationship.” The PCI also...
Sep 23 2008 // U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress to act swiftly on a proposed financial system bailout and warned of dire consequences if they delay.In prepared...
Sep 23 2008 // New York Governor David A. Paterson said that New York State will, beginning in January, regulate part of the credit default swap market which has to date been unregulated and has been a major contributor to the emerging...
Sep 23 2008 // Architects of a $700 billion bailout plan urged U.S. lawmakers to act swiftly or face dire economic consequences as global stock markets fell for a second day on growing concern the rescue may be delayed.But financial...
Sep 22 2008 // Some Wyoming lawmakers say it’s time to increase many of the benefits given to injured workers under the state’s workers’ compensation program.The Joint Labor, Health and Social Services Committee...
Sep 22 2008 // The Coalition for Competitive Insurance Rates, which groups a number of organizations that oppose to the latest attempt to amend U.S. tax laws on foreign insurers, has issued a bulletin outlining the reasons why they...
Sep 22 2008 // China’s CNinsure Inc. announced that its commissions and fee revenues from its P&C insurance business is “expected to decline slightly due to the implementation of a new Working Scheme on Further...
Sep 22 2008 // Wyoming lawmakers are discussing several possible changes to the state’s workers’ compensation program amid complaints about the system.One proposal is to hire an ombudsman to help workers get any assistance...
Sep 22 2008 // California Insurance Commissioner Steve Poizner has proposed regulations that would make a green auto insurance option available for California consumers. If implemented, pay-as-you-drive auto insurance would allow...
Sep 22 2008 // Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar burden on taxpayers in at least 20 states, according to a new study.The federal...