Category: Insurance Law

Washington’s New Insurance Law Tackles Lowball Payouts for Totaled Vehicles

Ben Jones
Washington’s New Insurance Law

If you’ve ever been frustrated by an insurance company undervaluing the damage to your car after an accident, Washington State has just passed a law to address that exact headache. Starting January 1, 2026, a brand-new regulation will hold insurers accountable for ensuring fair payouts and repair estimates for totaled vehicles. The new measure, encapsulated in Engrossed Senate Bill 5721, aims to streamline the claims process while protecting consumers from being undercompensated. Here’s what you need to know about how this law shakes up the world of auto insurance and…

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Can This New Law Fix Insurance Complaints Faster? New Mexico Thinks So

Tate Ellison
New Mexico's New Insurance Law

New Mexico Grants Subpoena Power to Superintendent of Insurance: What Does it Really Mean for You? – A New Tool for Accountability in the Insurance World New Mexico has made a striking change to its regulatory landscape with the passage of Senate Bill 124 (SB 124). Signed into law on April 10, 2025, this legislation arms the state’s superintendent of insurance with a significant tool for oversight. For the first time, the superintendent can issue civil investigative subpoenas during the early phases of investigations, before formal action begins. This move…

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No More Fine Print! Inside Florida’s Push for Honest Pet Insurance

Angela Linders
Florida's Pet Insurance

Florida’s New Pet Insurance Law Seeks to Protect Pet Owners and Their Pockets Florida’s furry friends just got a boost of support, and their humans might be breathing a sigh of financial relief, too. Starting January 1, 2025, a new state law establishes a regulatory framework for pet insurance, bringing long-awaited transparency and rules to a fast-growing sector. It’s not often lawmakers agree with such enthusiasm, but this bill passed both the House and Senate without a single dissenting vote. If you’ve got a tail-wagging buddy or a purring companion,…

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New Tax Proposal Could Change How Life Insurance Companies Manage Their Money

Angela Linders
life insurance industry new rules

Breaking Down the Proposed Tax Changes A new law called the Secure Family Futures Act is shaking things up in the life insurance world. The aim of this proposed legislation? To modernize how life insurers are taxed on certain types of investments, like bonds. Right now, these investments fall under something called “capital tax treatment.” It’s a complicated rule that limits how much insurers can handle financial losses and reinvest in the economy. The proposed change would simplify things, making these investments taxable under ordinary rules and extending flexibility for…

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Massachusetts High Court Sides with Worker in COVID-19 Compensation Case

Nordstrom
COVID-19 Compensation Case

The Massachusetts Supreme Judicial Court (SJC) has issued a pivotal ruling in favor of Jeff Stacy, a utility worker who contracted COVID-19 while on the job in 2021. This decision reinforces how workers’ compensation law applies to pandemic-related claims, setting a potential benchmark for similar cases across the country. A Utility Worker in the Eye of the Pandemic Storm Jeff Stacy, a lineman for Unitil Corp., found himself at the center of this historic case. While much of Massachusetts was shut down under emergency orders, Stacy’s work was deemed essential,…

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Tort Reform Sparks Heated Debate in Louisiana’s 2025 Legislative Session

H. Cutner
Tort Reform

Louisiana is no stranger to the crossroads of tort reform and its auto insurance crisis, and as the 2025 legislative session gains speed, the conversation is anything but quiet. With lawmakers, legal experts, insurance companies, and citizens all deeply invested, the question remains whether the proposed changes will truly impact insurance premiums or simply shift the scales of justice. What Is Tort Reform, and Why Does It Matter? At its core, tort reform is about reshaping the rules of civil lawsuits, particularly those involving personal injury claims. A “tort” happens…

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Chicago’s Crackdown on Rogue Towing Practices Gains Momentum

G. Turner
Rogue Towing Practices

Chicago is gearing up to get tough on predatory towing companies, a move hailed by insurance associations and consumer advocates alike. A new towing ordinance, sponsored by Alderman Gilbert Villegas, is advancing through City Council. Its promise? To wrestle control back from rogue operators who exploit drivers in vulnerable moments. Rogue Towing’s Whopping Impact on Drivers and Businesses Imagine this: you’ve just been in a fender-bender, your nerves are shot, and before you can blink, a tow truck pulls up uninvited. Sounds convenient at first, but then you’re handed a…

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