Latest Legislation Headlines
All the headlines from our Legislation Topic Page, ordered by recency.
European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst
Dec 8 2022 // Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member Fabio Panetta said on Wednesday. Crypto...
Judge Dismisses 1,000 Shingles Vaccine Claims Against Merck for Lack of Evidence
Dec 8 2022 // After four years of multidistrict litigation, a federal judge in Pennsylvania has dismissed 1,189 lawsuits claiming the Zostavax shingles vaccine by drugmaker Merck did not do what it was supposed to do and instead caused...
Florida Chamber Summit Panelists Confident Lawmakers will Stem Attorney Fees
Dec 7 2022 // If Florida lawmakers had any doubts about what reforms they need to consider at next week’s special legislative session, the Florida Chamber of Commerce’s Insurance Summit on Tuesday provided plenty of...
Delaware Judge Blocks Dr. J Lawsuit Against Branding Firm, Passes Case to Arbitration
Dec 1 2022 // A Delaware judge on Monday halted a lawsuit filed by basketball legend Julius Erving against a brand-development and marketing company, ruling that the dispute must go to arbitration. The lawsuit by the Hall of Fame player...
Indiana Judge Rejects Plea for Alleged Barn Fire Accomplice
Nov 30 2022 // ELKHART, Ind. (AP) – A judge rejected a plea agreement Monday for a woman accused of helping her boyfriend set fire to several northern Indiana barns, citing her plea deal’s lack of prison time. Sherry Thomas, 33,...
Judges Appear Skeptical of Fired Amazon Organizer’s Race Bias Claims
Nov 30 2022 // A U.S. appeals court on Tuesday seemed unlikely to revive claims that Amazon.com Inc. fired New York warehouse worker Christian Smalls, a pivotal figure in a campaign to unionize the company’s workforce, because of...
Viewpoint: California Regulatory System Hurting Independent Agents and Their Clients
Nov 29 2022 // Millions of California insurance consumers are being adversely affected and incurring higher costs of insurance due to the malfunctioning insurance regulatory system in California. Moreover, the broken regulatory...
Texas Judge Backs Full $49M Jury Award Against Alex Jones
Nov 28 2022 // AUSTIN, Texas (AP) – A Texas judge said last week she will not lower a nearly $50 million punishment against Alex Jones that a jury handed down earlier this year over the Infowars host spreading false conspiracy theories...
Fidelis Receives Regulatory Nod to Create New MGU, Split Business
Nov 28 2022 // Fidelis Insurance Holdings Ltd. announced it has received regulatory approval to create a new managing general underwriter (Fidelis MGU), which is separate from the existing balance sheet insurance companies – known as...
400 Groups Urge U.S. Lawmakers to Take ‘Immediate Steps’ to Block Potential Rail Strike
Nov 28 2022 // More than 400 groups on Monday called on Congress to intervene in an ongoing railroad labor standoff that threatens to idle shipments of food and fuel and strand rail travelers while inflicting billions of dollars of...
China to Fine Ant Group More Than $1B as Regulatory Revamp Nears End: Sources
Nov 22 2022 // Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources with direct knowledge of the matter, setting the stage for ending the fintech company’s two-year...
Judge Orders Alex Jones to Pay $473M More To Sandy Hook Families
Nov 21 2022 // Infowars host Alex Jones and his company were ordered by a judge on Nov. 10 to pay an extra $473 million for promoting false conspiracy theories about the Sandy Hook school massacre, bringing the total judgment against him...
New York Proposes Changes to Financial Services Cybersecurity Regulation
Nov 21 2022 // More small financial services businesses will be exempt, the rules will be tailored to reflect more diversity in businesses, and top executives of financial services firms will face heightened accountability under proposed...
Texas Agency, Lawmakers Aim to Tighten Pollution From Concrete Plants
Nov 18 2022 // ARLINGTON — Deirdre Diamond is frustrated and concerned that another concrete batch plant is coming to her town. Gunter, located about 50 miles north of Dallas, already has 11 permitted concrete batch plants, according...
Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2%
Nov 18 2022 // Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance Group Co. Ltd. from 47.3% to...
Florida Judge Dismisses NFL Kicker Josh Lambo’s Lawsuit Against Jaguars, For Now
Nov 18 2022 // A judge has dismissed NFL kicker Josh Lambo’s lawsuit against the Jacksonville Jaguars in which Lambo sought back pay and damages for emotional distress caused by former head coach Urban Meyer. Judge Gilbert Feltel...
Judge Approves $56M Settlement Over COVID Deaths in Veterans’ Home in Massachusetts
Nov 16 2022 // A federal judge in Springfield has given the green light to a $56 million settlement between the state of Massachusetts and families of 76 veterans who died from COVID-19 while living in the Holyoke Soldiers’ Home in...
Judge Orders Alex Jones to Pay $473M More to Sandy Hook Families
Nov 14 2022 // Infowars host Alex Jones and his company were ordered by a judge Thursday to pay an extra $473 million for promoting false conspiracy theories about the Sandy Hook school massacre, bringing the total judgment against him...
New York Proposes Changes to Financial Services Cybersecurity Regulation
Nov 9 2022 // More small financial services businesses will be exempt, the rules will be tailored to reflect more diversity in businesses, and top executives of financial services firms will face heightened accountability under proposed...
Regulatory Roundup: HCSMs, Delaware P&C Market Regulations, and Colorado Changes After Marshall Fire
Nov 9 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
