Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

N.C. Lawmakers Approve Cap on Medical Malpractice Damage Awards

Jul 24 2007 // North Carolina lawmakers made a mild breakthrough last week on medical malpractice reform, agreeing to limit monetary damages in certain health care negligence cases.The bill would cap monetary damages in negligence cases...

Of wind and floods

Jul 23 2007 // Is there a place for windstorm coverage in the National Flood Insurance Program? Not according to three major trade groups representing insurance companies — they have officially taken a stand against proposals to...

Declarations

Jul 23 2007 // IPod thunderbolt “It’s going to hit where it’s going to hit, but once it contacts metal, the metal conducts the electricity.”Dr. Mary Ann Cooper of the American College of Emergency Physicians and...

Of wind and floods

Jul 23 2007 // Is there a place for windstorm coverage in the National Flood Insurance Program? Not according to three major trade groups representing insurance companies — they have officially taken a stand against proposals to...

Drinking buddies not liable as social hosts, Mass. court rules

Jul 23 2007 // The Massachusetts Appeals Court has ruled that friends who meet regularly after work for drinks cannot be held liable for injuries caused when one of the members of their group drives home intoxicated.The court ruled that...

Oregon Seeking Comments on Insurer Assessments

Jul 23 2007 // Oregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of the state’s administrative rules relating to assessments against insurers to fund regulatory...

The Nonadmitted and Reinsurance Reform Act

Jul 23 2007 // The right policy at the right time …After decades of frustration and brutal disappointment, the vexing and seemingly intractable tax payment and regulatory compliance problems surplus lines brokers face on...

INHALANTS NOT INCLUDED UNDER DRUNK DRIVING LAW, N.Y. HIGH COURT RULES

Jul 23 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently.The Legislature...

Congress gets serious about surplus lines insurance reform

Jul 23 2007 // Legislation passes House, heads for the Senate; but not all in the industry think it’s the answer as now writtenInsurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House...

Treasury chief Paulson vows review of U.S. financial services regulation

Jul 23 2007 // The Bush administration plans to review the U.S. government’s regulatory system for financial institutions with the goal of making changes to better reflect modern markets.Treasury Secretary Henry Paulson said the...

Inhalants not included under drunk driving law, N.Y. high court rules

Jul 23 2007 // A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently.The Legislature...

The Nonadmitted and Reinsurance Reform Act

Jul 23 2007 // After decades of frustration and brutal disappointment, the vexing and seemingly intractable tax payment and regulatory compliance problems surplus lines brokers face on multi-state risks are about to be solved. The long...

Declarations

Jul 23 2007 // DeclarationsIPod thunderbolt “It’s going to hit where it’s going to hit, but once it contacts metal, the metal conducts the electricity.”Dr. Mary Ann Cooper of the American College of Emergency...

The tale of two states

Jul 23 2007 // For years the insurance industry has fought desperately to reduce or eliminate burdensome governmental regulation, insisting that competitive market forces will adequately regulate the industry. Deregulation has dominated...

Editor’s Note: Of wind and floods

Jul 23 2007 // Is there a place for windstorm coverage in the National Flood Insurance Program? Not according to three major trade groups representing insurance companies — they have officially taken a stand against proposals to...

Package of insurance measures passes La. legislature

Jul 23 2007 // Louisiana’s Legislature in June approved a package of insurance bills promoted by Louisiana Gov. Kathleen Babineaux Blanco and Insurance Commissioner Jim Donelon. Among the bills passed were one that provides for...

The tale of two states

Jul 23 2007 // For years the insurance industry has fought desperately to reduce or eliminate burdensome governmental regulation, insisting that competitive market forces will adequately regulate the industry. Deregulation has dominated...

The Nonadmitted and Reinsurance Reform Act

Jul 23 2007 // After decades of frustration and brutal disappointment, the vexing and seemingly intractable tax payment and regulatory compliance problems surplus lines brokers face on multi-state risks are about to be solved. The...

Editor’s Note: Of wind and floods

Jul 23 2007 // Whether or not H.R. 920 is successfully passed, it’s becoming increasingly clear that the federal government is taking notice of the problems certain areas of the country face with regard to windstorm insurance.Is...

Nevada consumers puzzle over using credit history

Jul 23 2007 // As Ed Rathje sees it, his first foray into the Nevada Legislature as a citizen-activist ended in “total defeat” earlier this month when a bill he was pushing to limit the insurance industry’s use of...