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NY Enacts Social Media Protections for Minors New York Gov. Kathy Hochul (D) signed first-in-the-nation legislation ( SB 7694 ) prohibiting social media platforms from providing algorithmic feeds to...
CA to Make Changes to Labor Law Costing Employers Billions Business and labor groups in California have agreed on changes to the Private Attorney’s General Act, a landmark state law that has allowed...
PBMs Driving Up Prescription Drug Prices The three largest pharmacy benefit managers—CVS Health, Cigna and UnitedHealth Group—often “steer patients toward pricier drugs, charge steep...
With America facing an obesity epidemic , it’s no wonder some are embracing the concept that food—simple, healthy, nutritious food—is medicine in and of itself, a philosophy that’s...
VT Gov Vetoes Tough Privacy Bill Vermont Gov. Phil Scott (R) vetoed HB 121 , which would have been one of the strongest consumer data privacy laws in the nation, allowing residents to sue data brokers...
The Virginia legislature passed a bill (SB 256) that, if signed by Gov. Glenn Youngkin (R), would require auto insurance companies that refuse to pay a loss of income, medical expense or property damage claim submitted by a policyholder and are found by a court to have acted in bad faith to pay the policyholder double the amount of the judgment plus interest and attorney fees. The measure would also impose that same requirement for third-party claims of up to $3,500 and on uninsured motorist claims of up to $500,000 for personal injury or wrongful death. (INSURANCE JOURNAL, LEXISNEXIS STATE NET)
The California FAIR Plan, the state’s insurer of last resort, wrote over 15,000 new policies last month—its highest monthly total ever—after adding 12,000 new policies in January. The nonprofit now provides coverage for about 373,000 homes and businesses, more than double the number of properties it covered in September 2019. (SACRAMENTO BEE)
Michigan’s Senate passed a bill (SB 632) that would cap interest rates on payday loans—which currently can climb as high as 391% per year—at an annual rate of 36%. Twenty other states already have such a cap in place. (BRIDGE MI, LEXISNEXIS STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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