New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that hasn’t stopped some states from rolling …
An Oklahoma congressman has proposed legislation that would make the protection of people and property a priority for federal weather forecasters and extend the lead time for tornado warnings. Oklahoma Insurance Commissioner John D. Doak has expressed his support for …
Florida’s state policyholder-backed property insurer says it welcomes a newly proposed legislative initiative that would create an independent inspector general to oversee the insurer’s handling of employee complaints and use of funds. Florida State Senator Joseph Abruzzo (D-Palm Beach) has …
Outspent but hardly outgunned, online and high-tech companies triggered an avalanche of Internet clicks to force Congress to shelve legislation that would curb online piracy. They outmaneuvered the entertainment industry and other old guard business interests, leaving them bitter and …