Sign InLegislative/Regulatory Developments
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City May Soon Require Gun Owners to Buy Insurance Coverage
May 27, 2022 | Legislative/Regulatory Developments
The San Jose City Council voted on January 26, 2022 to require gun owners to carry insurance for their firearms.
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Florida Property Insurance Reform Legislation Signed by Governor
May 27, 2022 | Legislative/Regulatory Developments
In addition to addressing rising costs and claims transparency, the reforms also tackle condo and co-op safety.
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Insurance Bills on Bilateral Agreements and Telehealth Pending with Hawaii Governor
May 26, 2022 | Legislative/Regulatory Developments
During the recently adjourned 2022 Hawaii legislative session, two insurance-related bills passed and are now pending with Hawaii Governor David Ige.
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Florida Bills Address Aging Roofs and Create Reinsurance Fund
May 24, 2022 | Legislative/Regulatory Developments
The bills would allow for more state oversight so regulators can spot trends, analyze reasons and try to prevent the future failure of insurers.
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New Jersey Insurance Law Could Triple Jury's $1.88M Award for Underinsured Motorist Claim
May 20, 2022 | Legislative/Regulatory Developments
The company engaged in dilatory and abusive claims handling by requesting irrelevant records, failing to keep the insureds apprised of the status of the claim at proper intervals, and harassing the insured with character attacks, the suit claims.
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Will the SEC's Climate Disclosure Proposal Trigger Insurance Coverage?
May 19, 2022 | Case Law Analysis|Legislative/Regulatory Developments
Public companies and their stakeholders often struggle with effective environmental, social and governance programs in the absence of clear and common standards and regulations. But the landscape is rapidly changing in a way that will likely impose new risks and costs on companies.
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Challenges Arise Against Florida Property Insurance Policy Changes
May 18, 2022 | Case Law Analysis|Legislative/Regulatory Developments
The lawsuit alleges that the changes prevent homeowners from choosing contractors and effectively prevents assigning benefits to contractors.
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Insurers Cancel Policies While DeSantis Expects Reforms
May 17, 2022 | Legislative/Regulatory Developments
DeSantis did not provide details of changes he expects lawmakers to pass during the special session. But he indicated that lawmakers could try to curb litigation over insurance claims, an issue that insurers have long blamed for financial losses.
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Delaware Judge Enacts Rule Requiring Disclosure of Third-Party Litigation Funders
May 12, 2022 | Legislative/Regulatory Developments
The rule requires parties involved in the court proceedings to disclose any financial support from third-party funders.
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A Warning from Oregon on Misinterpretation of The Intentional Acts Exclusion
May 09, 2022 | Legislative/Regulatory Developments
Review of the Oregon Division of Financial Regulation's bulletin regarding the intentional acts exclusion.
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