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MI to Weigh Ban on Stock Buybacks for Companies Receiving Tax Breaks Michigan Sen. Mallory McMorrow (D) introduced a bill ( SB 783 ) that would prohibit publicly traded companies receiving economic incentives...
VA House Passes Paid Sick Leave Bill Virginia’s House of Delegates approved a bill ( HB 5 ) that would expand the state’s current paid sick leave law, which applies only to a small segment...
VA Lawmakers Okay Prescription Drug Affordability Board Virginia lawmakers have passed legislation ( SB 271 / HB 483 ) that would create a prescription drug affordability board to review drug prices...
Geolocation data has become a new frontier in privacy protection. This year, Virginia could join Maryland and Oregon as the first states to prohibit the sale of information that provides the precise...
Insurance Bill Raises Concerns in FL A fast-moving bill ( SB 1028 ) in Florida, sponsored by Sen. Joe Gruters (R), chairman of the Senate’s Banking and Insurance Committee, would require Citizens...
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California’s Supreme Court ruled that a ballot measure passed by the state’s voters in 2020, allowing Uber, Lyft and DoorDash to continue classifying their California drivers as independent contractors, did not limit the Legislature’s authority over worker protections. The gig-economy companies backed the measure, Proposition 22, to avoid having to reclassify those workers as employees, potentially costing them millions of dollars more to operate in one of their largest U.S. markets. (INSURANCE JOURNAL)
U.S. Sens. Ron Wyden (D-OR) and Sen. Edward J. Markey (D-MA) sent a letter urging the Federal Trade Commission to investigate the collection and sharing of driver data by the auto industry. An investigation by Wyden’s office found that automakers have made relatively little from selling such data. Hyundai received $1 million, or just 61 cents per car, over six years from selling driver data to the analytics company Verisk, which sold the information to the insurance industry. Honda made only $25,920, or just 26 cents per car, over four years. (NEW YORK TIMES)
—Compiled by SNCJ Managing Editor KOREY CLARK
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