Implementing Cybersecurity Legislation: An Overview Of The NYDFS And NAIC Model Laws
The increasing pace of cyber-related events and crimes has led state regulators to survey the growing risks and take action. In New York, the Department of Financial Services (NYDFS) enacted cybersecurity rules effective March 1, 2017.
December 5, 2017
Legislation & Regulation
Risk Management
New York
California Axes Self-Driving Car Rule Limiting Liability For Crashes
California has been happy to tweak the rules to get more self-driving cars on the road, but it still has its limits. The states DMV has eliminated a planned rule (suggested by GM) that would have let companies avoid liability for an autonomous vehicle crash if the machine hadnt been maintained to manufacturer specs.
December 5, 2017
Auto
Legislation & Regulation
Liability
California
Colorado Division Of Insurance Recovered $8.5M For Consumers In 12 Months
Consumers pocketed $8.5 million rightfully owed them by their insurance companies between July 2016 and June of this year thanks to investigations performed by the Colorado Division of Insurances consumer services team. The division, which regulates the insurance industry in the state, has released its "Annual Report on Complaints Against Insurers."
December 5, 2017
Auto
Legislation & Regulation
Life & Health
Colorado
California Preparing Regulations On Liability Of Self-Driving Automakers
California regulators are embracing a General Motors recommendation that would help makers of self-driving cars avoid paying for accidents and other trouble, raising concerns that the proposal will put an unfair burden on vehicle owners.
November 17, 2017
Auto
Legislation & Regulation
Liability
Technology
California
Legislators Pass National Flood Insurance Program Bill
A controversial flood insurance bill has been passed in the House as Republicans overcame bipartisan opposition. This legislation will both reauthorize and overhaul the National Flood Insurance Program (NFIP).
November 16, 2017
Legislation & Regulation
Property
District Of Columbia
Bill Aimed At Reducing Insurance Claims Abuses Advances In Florida House
Attorneys fees would be more difficult for "bad actor" water restoration companies and their attorneys to collect from insurance companies under a bill advanced Tuesday by the state House Judiciary Committee.
November 15, 2017
Legislation & Regulation
Litigation
Property
Florida
California Sees Steady Decline In Medical Costs Per Comp Claim: Study
Medical payments per workers compensation claim with more than seven days lost time in California have decreased steadily since the enactment of reform legislation in 2013, according to a study released Thursday by the Cambridge, Massachusetts-based Workers Compensation Research Institute.
November 13, 2017
Legislation & Regulation
Workers' Compensation
California
Insuring Against The Risk From Insurance
Compared with the banks, insurance companies withstood the calamity of 2008 pretty well. American International Group Inc. was the main exception -- it needed an enormous bailout -- but the rest of the industry was spared the worst.
November 8, 2017
Legislation & Regulation
State Insurance Regulators Start Approving Rate Hikes To Cover Trumps Slashed Subsidies
Insurance regulators in many states are starting to look into last minute health plan rate increases to compensate for the elimination of Affordable Care Act subsidies.
November 2, 2017
Legislation & Regulation
Life & Health
Florida Workers Comp Rates Could Decrease In 2018
Florida businesses could see workers compensation insurance premiums decrease in 2018, after a tumultuous period that included a double-digit rate hike late last year and a lobbying battle about whether to revamp workers compensation laws.
October 18, 2017
Legislation & Regulation
Workers' Compensation
Florida
Senators Propose Bipartisan Compromise To Restore Insurance Subsidies
President Trump recently announced that he was pulling the plug on $7 billion a year in federal cost-sharing subsidies to insurance companies selling individual policies to lower-income Americans, but today a pair of influential senators announced a bipartisan compromise that, if approved, would restore those payments for two years, while also giving states more flexibility with rules under the current law.
October 18, 2017
Legislation & Regulation
Life & Health
Trump Will End Health Care Cost-Sharing Subsidies
President Donald Trump plans to end a key set of Obamacare subsidies that helped lower-income enrollees pay for health care, the White House said Thursday, a dramatic move that raises questions about the laws future.
October 13, 2017
Legislation & Regulation
Life & Health
On Fire From Disneyland To Wine Country, California Must Rethink Disaster Risk
Puerto Rico is in ruins. Thousands are displaced in Houston. The Gulf Coast is bracing for a fresh round of hurricanes. Now, epic wildfires are incinerating California.
October 11, 2017
Catastrophe
Legislation & Regulation
Property
California
GMs Self-Driving Cars Faultless In Six September Accidents
General Motors Cos self-driving unit, Cruise Automation, told California regulators its vehicles were involved in six crashes in the state in September, but said none of automated vehicles were responsible.
October 5, 2017
Auto
Legislation & Regulation
Technology
California
Ohio Supreme Court Rules Law Designed To Reduce Comp Appeal Delays Constitutional
The Ohio Supreme Court ruled on Thursday that a law meant to reduce delays of appeals in workers compensation cases is constitutional.
October 4, 2017
Legislation & Regulation
Workers' Compensation
Ohio



