All the headlines from our Legislation Topic Page, ordered by recency.
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...
Jul 23 2007 // Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, the Non-Admitted and Reinsurance Reform Act of 2007. Sponsored by Rep. Dennis Moore, D-Kan., and Rep....
Jul 20 2007 // California Insurance Commissioner Steve Poizner announced that Woody Girion will serve as the new deputy commissioner of rate regulation at the Department of Insurance effective August 1. Girion replaces former Rate...
Jul 20 2007 // Louisiana Gov. Kathleen Blanco has vetoed legislation that could have increased auto insurance costs for over 1 million Louisiana motorists, her office said.The Legislature in June 2007 approved the bill by Sen. Mike...
Jul 20 2007 // Connecticut will get $23 million in federal homeland security grants this year, an increase of about $10 million from a year ago largely because of new funding for police, fire and medical emergency radios, officials said...
Jul 19 2007 // The insurance industry in Michigan released a study on Tuesday, July 17th that predicts motorists could save up to 16 percent on their auto premium if they were allowed to select capped health benefits for accident...
Jul 19 2007 // The California Supreme Court has ruled that a signed liability waiver is useless in protecting a government entity from gross negligence and only good in protecting against ordinary negligence, which could have...
Jul 17 2007 // Ill. Gov. Rod Blagojevich used his executive authority last week to make a rule that prevents insurance companies from considering someone’s health when deciding what premium to charge when renewing an individual...
Jul 17 2007 // Massachusetts lawmakers say a federal safety board’s report on last year’s fatal Big Dig ceiling collapse gives a boost to their push for a national tunnel inspection program aimed at preventing future...
Jul 17 2007 // Merck & Co. is urging a New Jersey judge to slash a jury’s $47.5 million award to an Idaho postal worker who successfully sued the drugmaker over a heart attack he blamed on Merck’s since-withdrawn Vioxx...
Jul 16 2007 // The last time — January, 1977 — Massachusetts tried to introduce competitive rating into private passenger auto insurance, a Democrat, Michael Dukakis, was governor. The experiment lasted about seven months before...
Jul 12 2007 // A federal judge has thrown out a $2.5 million jury award against the town of East Haven, Conn. in connection with the police killing of a 21-year-old man in 1997.U.S. District Judge Alvin W. Thompson, in a decision last...
Jul 11 2007 // The American Insurance Association (AIA) today urged Wisconsin legislators to reject two bills that would make it illegal for insurers to provide their customers valuable information after a car accident.“These bills...
Jul 11 2007 // A federal judge in New Orleans on June 9 withdrew an order challenging U.S. Attorney David Dugas for not intervening in a whistleblowers’ lawsuit that accuses insurance companies of overbilling the federal government...
Jul 9 2007 // The Tennessee Supreme Court has ruled that a worker whose hand was crushed by machinery at his workplace was not to blame for the accident despite his admitted marijuana use off the job.Billy McIntosh was injured in 2004...
Jul 6 2007 // It took less than three minutes for the old mattress to become a flaming inferno. And even inside the safe confines of a Sealy Corp. testing lab in North Carolina, it took a technician armed with a gas mask and fire...
Jul 6 2007 // The U.S. Senate has confrmed Richard J. Sullivan to serve as a district judge on the U.S. District Court of the Southern District of New York.Sullivan currently serves as general counsel for Marsh Inc., Marsh &...
Jul 5 2007 // Florida Chief Financial Officer Alex Sink ordered a 50 percent cut in the 2008 Workers’ Compensation Administration Trust Fund assessment rate.The reduction is projected to result in as much as $19 million in savings...
Jul 5 2007 // Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published “A Year in Review – 2006 Update,” its fourth annual review of the liability...
Jul 5 2007 // The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance...