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SC Proposes Rate Cuts for Some Credit Property Insurance South Carolina’s Department of Insurance plans to cut the rates for some credit property insurance, which lenders sometimes require to protect...
States Eying Higher Electricity Rates for Data Centers At least a dozen states are considering ways to make data centers pay more for their power, with evidence mounting that data center demand is driving...
Evers Vetoes Insurance Reg Exemption for Direct Primary Care Doctors Wisconsin Gov. Tony Evers (D) vetoed a bill ( SB 4 ) that would have exempted primary care doctors who provide care to patients who...
A few months ago we reported on state legislation targeting “predictive pricing,” the use of “data analytics, machine learning and algorithms to anticipate market demand and adjust prices...
CA Regulators Complete Review of Wildfire Risk Model California’s Department of Insurance has completed a review of the state’s first wildfire catastrophe model, which property/casualty insurers...
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The long-expected antitrust action against Amazon finally came last week with the filing of a complaint in the U.S. District Court for the Western District of Washington by the FTC and the attorneys general of 17 states. The lawsuit alleges Amazon is “a monopolist” that “uses its vast power, size, and control over multiple business units to implement an interrelated and exclusionary course of conduct,” keeping “rivals from gaining the scale needed to compete effectively against” it. (CNBC, FTC)
Legislators from roughly 30 states and both major parties are holding biweekly meetings this fall to learn more about artificial intelligence and consider ways to regulate it. The effort, being led by Connecticut state Sen. James Maroney (D), could result in more state-level AI legislation next year. (PLURIBUS NEWS)
California Gov. Gavin Newsom (D) vetoed a bill (AB 316) that would have required human safety drivers in autonomous trucks weighing over 10,000 lbs. Despite pressure from the Teamsters Union to sign the measure, the governor said the state’s Department of Motor Vehicles already provided sufficient oversight of electric vehicles. (PLURIBUS NEWS, STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK