
Judge Rules California Can Expand Insurance for Wildfire Areas
A judge ruled California's insurance commissioner can order the 'insurer of last resort' to offer more options for homeowners who live in wildfire-prone areas and can't buy traditional coverage.
July 21, 2021
Legislation & Regulation
Property
California

ESG Mandates March into Anti-Bribery and Corruption Policies; What That Means for the Long-Term
Kroll recently released its 2021 Anti-Bribery and Corruption Report, surveying hundreds of senior compliance and risk professionals globally on the anti-bribery and corruption (ABC) landscape, and among the most striking findings were that 70% of respondents indicated that environmental, social and governance (ESG) should be included in ABC programs.
July 15, 2021
Legislation & Regulation
Risk Management

Judge Blocks Key Portion of Florida Property Insurance Law
A federal judge has blocked the state from enforcing a key part of a new property-insurance law designed to combat fraud that prohibits roofing contractors advertising to potential customers.
July 14, 2021
Legislation & Regulation
Property
Florida

Making Litigation Funding Agreements Discoverable Is Good Public Policy
The U.S. District Court for the District of New Jersey is considering a local rule requiring discoverability of third-party litigation funding (TPLF) agreements-but allows the plaintiff to self-describe the agreements.
June 17, 2021
Legislation & Regulation
Litigation
New Jersey

A Look Inside Florida’s Recent Property Insurance Reform
Two years after implementing meaningful assignment of benefits reform, Florida enacted broader property insurance claim reform.
June 15, 2021
Legislation & Regulation
Property
Florida

Consumer Watchdog Accuses California Insurance Commissioner of Favoring Insurers
Consumer Watchdog has called out California insurance commissioner Ricardo Lara and the working group he convened to address the state's wildfire problem in insurance terms, accusing the regulator of allowing insurers to meddle in rate adjustments.
June 8, 2021
Legislation & Regulation
California

NJ Homeowners Will See Jump In Flood Insurance Premiums with Risk Rating 2.0
Almost 8 in 10 New Jersey homeowners with federal flood insurance would have to pay more for coverage if the Federal Emergency Management Agency's implements a proposed new rating system.
June 3, 2021
Legislation & Regulation
New Jersey

Crossroads: Where Security And Privacy Regulations Meet Cyber Insurance
In 2020 alone, industries across the board experienced a total of 1001 reported cases of data breaches. It's no secret that businesses need to comply with security and privacy regulations defined by the states and countries they operate in, by their industry or by the type of audience and customers they work with.
June 2, 2021
Legislation & Regulation
Risk Management

Consumers Get Results From Louisiana DOI on Hurricane Complaints
The Louisiana Department of Insurance (LDI) has received 1,497 complaints concerning the three hurricanes that struck the state last year and has recovered $41 million on behalf of those consumers as of April 30, Louisiana Insurance Commissioner Jim Donelon said.
May 24, 2021
Legislation & Regulation
Property
Louisiana

It’s Official: Legal Cannabis Results in Fewer Worker Injuries and Greater Productivity
A new study found that fears over an increase in workers' comp injuries due to recreational cannabis legalization may be overblown.
May 20, 2021
Legislation & Regulation
Workers' Compensation

Builders Say Lawsuits Plague Florida Construction Industry
Last month, Florida lawmakers passed tort reform legislation by extending COVID-19 liability protection to businesses and health care providers, but Florida's construction industry says they're facing a form of lawsuit abuse that lawmakers failed to address.
May 17, 2021
Legislation & Regulation
Liability
Litigation
Florida

Texas Senate Committee Approves Legislation to Curb Lawsuit Abuse
The Texas Senate Transportation Committee has unanimously approved a House bill that would help curb the growing trend of lawsuit abuse targeting commercial vehicles in Texas.
May 14, 2021
Excess & Surplus Lines
Legislation & Regulation
Texas

Claims Adjustment Dispute Legislation Heads to Louisiana House
Legislation that seeks to lay out a process for homeowners who suffered catastrophic hurricane damage to settle a claim dispute between their insurance company cleared a state House Insurance Committee Tuesday.
May 13, 2021
Catastrophe
Legislation & Regulation
Property
Louisiana

NFIP’s Failure Fuels New Risks
Revered economist Thomas Sowell once observed, 'Some things are believed because they are demonstrably true, but many other things are believed simply because they have been asserted repeatedly, and repetition has been accepted as a substitute for evidence.'
May 12, 2021
Legislation & Regulation

Farmers Insurance Settles for $25M with Oklahoma Attorney General Over Earthquake Coverage
Farmers Insurance, in an effort to extend its insurance reach, offered residents of the state of Oklahoma property insurance with an endorsement coverage for property damage caused by earthquakes.
May 11, 2021
Legislation & Regulation
Property
Oklahoma



