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CA’s Wildfire-Driven Insurance Crisis Spreads to Lower-Risk Homes Insurers have stopped covering homes in some California neighborhoods at lower risk of wildfire damage, forcing thousands of homeowners...
WA Enacts Ban on Microchipping Workers Washington Gov. Bob Ferguson (D) signed a bill ( HB 2303 ) prohibiting companies from requiring their workers to get microchip implants. The new law allows workers...
NJ Gov Wants Big Employers to Help Cover Cost of Medicaid New Jersey Gov. Mikie Sherrill (D) unveiled a state budget plan that proposes generating $145 million in funding for Medicaid by requiring large...
When Michigan Gov. Gretchen Whitmer (D) spoke about the need for affordable healthcare and housing last month , she joined a chorus of governors of both major parties who have made affordability a focus...
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...
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California Insurance Commissioner Ricardo Lara issued a one-year moratorium on the cancellation or non-renewal of residential insurance coverage for more than 185,000 policyholders impacted by recent major fires in the state. The moratorium shields homeowners within the perimeters or adjoining ZIP codes of the fires for one year regardless of whether they suffered a loss. (INSURANCE JOURNAL)
Five Louisiana legislative committees with oversight of insurance met last week to discuss the causes of and potential solutions for the state’s high insurance rates. The state’s Legislature is expected to meet in a special session on insurance issues in 2025. (LOUISIANA ILLUMINATOR)
As the backlash against diversity, equity and inclusion, or DEI, investing has intensified in the United States, the number of resolutions companies have been receiving from investors urging them to abandon their support of DEI programs has also been rising, with 42 such anti-DEI resolutions having been filed this year, up from just one three years ago. But for now, pro-DEI resolutions still outnumber anti-DEI resolutions. (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK
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