All the headlines from our Legislation Topic Page, ordered by recency.
Oct 27 2007 // This fall is an off-year election season with only a handful of federal races and most state houses gearing up for contests in 2008. However there are some races — a hotly-debated referendum in Washington and key...
Oct 25 2007 // A U.S. House of Representatives’ panel endorsed legislation this week that would require insurance companies to disclose information on Holocaust-era policy holders.The legislation aims to address concerns among some...
Oct 25 2007 // As the reinsurance industry increasingly moves offshore, U.S. insurance regulators are rethinking current rules that require only non-U.S. reinsurers to post collateral equal to the full amount of their liabilities to U.S....
Oct 25 2007 // A federal judge has cut $5 million from a more than $12 million jury award that found General Electric discriminated against and illegally fired a chief engineer.Fifty-three-year-old Hemant Mody of Avon, Conn. never saw...
Oct 25 2007 // Oklahoma Rep. Mark McCullough’s recent study of the state’s workers’ compensation system may lead to reform legislation being filed in the state’s 2008 legislative session, the House of...
Oct 24 2007 // Florida Insurance Commissioner Kevin McCarty disapproved the National Council on Compensation Insurance’s latest rate filing for workers’ compensation insurance rates, due to become effective next year.McCarty...
Oct 24 2007 // The Wisconsin Medical Society is planning to challenge lawmakers’ decision to transfer $200 million from a medical malpractice fund to help balance the budget. Lobbyist Mark Grapentine says the group has hired a...
Oct 22 2007 // Lawmakers representing urban drivers in Massachusetts are challenging the Patrick administration’s auto insurance plan, saying new regulations leave loopholes for companies to charge higher rates to minorities and...
Oct 19 2007 // Swiss Re announced that “according to a recent sigma study, bancassurance is on the rise, particularly in emerging markets. Worldwide, insurers have been successfully leveraging bancassurance to gain a foothold in...
Oct 19 2007 // he House acted this week to reduce the working hours of railroad crews, with lawmakers saying employee fatigue is a major factor in train accidents.The labor rule changes were part of a railroad safety bill that also...
Oct 18 2007 // A Michigan Senate Committee passed legislation on Wednesday, Oct. 17 that would enable motorcyclists to ride without their helmets on Michigan roads. The bill is expected to be voted on by the State Senate in the near...
Oct 18 2007 // N.H. commissioner weighs in on North Dakota insurance legislation Received by Newsfinder from AP Oct 16, 2007 19:34 Eastern Time Editors Note NH angle in 4th graf. By DALE WETZEL Associated Press WriterBISMARCK, N.D. (AP)...
Oct 18 2007 // Non-U.S. reinsurers would no longer have to post collateral to operate in New York as long as they have the highest credit ratings.Also, all reinsurers — even U.S.-based — without the highest credit ratings would have...
Oct 17 2007 // Senate leaders have agreed on a bill to renew the federal terrorism reinsurance program, although without some of the added provisions and for not as long as the House of Representatives wants.The Senate Banking Committee,...
Oct 17 2007 // He’s said it before, and he’s said again. In a forceful open letter printed in the Financial Times (FT), Lloyd’s Chairman Lord Peter Levene wrote that it is “extraordinary that the US does not offer...
Oct 17 2007 // A state senator says he will soon announce plans to require all New Jerseyans to carry medical insurance, but the governor warned that the plan could cost more than $1 billion.“We are going to announce just after the...
Oct 17 2007 // On Oct. 15, Travis County District Judge Margaret Cooper ruled in favor of Allstate Texas Lloyd’s in the company’s quest to preserve an already-implemented homeowners rate increase.Cooper granted the...
Oct 17 2007 // The U.S. Senate Banking Committee has approved legislation to reform the National Flood Insurance Program. The Flood Insurance Reform and Modernization Act of 2007 will now move to the floor of the full Senate.The U.S....
Oct 16 2007 // For the second year in a row, Gov. Arnold Schwarzenegger has refused to raise benefits for disabled workers that critics say were slashed too deeply by regulations his administration adopted in 2004.The Republican governor...
Oct 16 2007 // Two wholly owned units of Cathay Financial Holding Co. have obtained approval from Chinese regulators to enter the property insurance market on the mainland, the Taiwanese company has said.Cathay Life Insurance Co. and...