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State Lawmakers Take Aim at Crypto Kiosks Lawmakers in at least 15 states have introduced bills to regulate cryptocurrency kiosks, which are often found at convenience stores and gas stations. The bills...
Battle of Social Media Titans Shaping Up in SD Meta, Snap and X are lobbying in favor of a bill in South Dakota ( SB 180 ) that would require app stores to verify the age of users instead of social media...
CA Bill Focuses on Mental Health of Wildfire Victims A bill ( AB 1032 ) introduced in the California Assembly would require healthcare service plans and insurers to reimburse enrollees or insureds who...
Expect a lot of activity at the state level on insurance issues in 2025, so says attorney Karen C. Yotis , content manager for insurance on the Practical Guidance team for LexisNexis®. We asked Yotis...
Flurry of Legislative Action on Wildfires in CA In response to the devastating wildfires in Los Angeles last month, California Insurance Commissioner Ricardo Lara (D) and several state lawmakers have...
The Biden administration announced plans to develop new rules that would prevent unpaid medical bills from counting towards consumers’ credit scores. The new rules, which administration officials said would be developed next year, are likely to face strong opposition from the healthcare industry. (KFF HEALTH NEWS)
A report released last week by the First Street Foundation indicates that about 39 million homes in America—about a quarter of the total number nationwide—aren’t adequately priced for the climate risk associated with insuring them. The report said premiums are likely to rise most in states like California and Florida that are prone to devastating wildfires and storms, but climate change-related events like the fire that destroyed the town of Lahaina, Maui could drive up insurance costs in other states as well. (ASSOCIATED PRESS)
Florida Rep. Daniel Perez (R), formerly selected last week as the new speaker of the House, said he intended to focus on more property insurance reform next year, telling reporters the Legislature’s efforts so far were only “chipping away” at the problem. (INSURANCE JOURNAL, ORLANDO SENTINEL)
Fueled by inflation, bank failures and government distrust, bills aimed at recognizing gold and silver as legal tender have been introduced in half of the states and enacted in six of them this year. “2023 was our most productive, our most successful year, as far as sound money legislation,” said J.P. Cortez, executive director of the Sound Money Defense League, a group based in North Carolina that supports the legislation. (PLURIBUS NEWS)
—Compiled by SNCJ Managing Editor KOREY CLARK
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