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Wave of AI Bills to Continue Next Year As of early September, more than 30 states had passed artificial intelligence-related bills or resolutions this year, according to the National Conference of State...
MI Addresses Multiple Healthcare Issues Gov. Gretchen Whitmer (D) signed over half a dozen bills dealing with healthcare and family support. The measures include SB 790 and SB 791 , allowing home help...
In recent years, the boardroom has become a new front in the culture wars alongside a cacophony of three-letter acronyms. DEI, ESG and CSR. These buzzwords—short for diversity, equity and inclusion;...
Statehouse Shift Ahead for Earned Wage Access? In recent years earned wage access apps, which allow workers to obtain access to their earnings before they receive their paychecks, have exploded in popularity...
SD to Consider App- and Device-Based Age Verification Legislation in 2025 The South Dakota Legislature’s Study Committee on Artificial Intelligence and Regulation of Internet Access by Minors voted...
FL Insurers Dropping Over 50,000 Polices to Remain Afloat: The Florida Office of Insurance Regulation has issued consent orders allowing three insurers to drop thousands of personal residential policies to try to remain solvent. Universal Insurance Co. of North America (UICNA) was authorized to cancel 13,294 policies; Gulfstream Property & Casualty was authorized to drop 20,311 policies, and Southern Fidelity Insurance Co. was authorized to non-renew about 19,600 policies.
The policy terminations and non-renewals are “an extraordinary statutory remedy reserved to address insurers which are or may be in hazardous financial condition,” the consent orders stated. They are also the most recent sign of how much Florida’s insurance industry is struggling, due, among other things, to increased litigation. Collectively, the state’s insurers lost $1.7 billion last year. (INSURANCE JOURNAL)
Restrictions on Auto Insurers Advance in TX Legislature: The Texas House has passed legislation (HB 359) targeting delaying tactics used by auto insurers with claims that involve uninsured or underinsured motorists. The state’s House also passed a measure (HB 1793) prohibiting auto insurers from using oral releases to settle claims with injured motorists. (INSURANCE JOURNAL, STATE NET)
CT Regulators Propose Big Fines for Utilities’ Storm Failures: The Connecticut Public Utilities Regulatory Authority has proposed fining United Illuminating and Eversource $2.1 million and $30 million, respectively, for what it said were the utilities’ failures of preparation and response to Tropical Storm Isaias last August. Hundreds of thousands of residents and businesses were left without power last August by that storm. (INSURANCE JOURNAL)
-- Compiled by KOREY CLARK