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‘Predictive Pricing’ Top Priority for CA Lawmakers Predictive pricing, a practice involving the use of artificial intelligence to set prices for customers based on factors like the websites...
Patchwork of Paid Leave Laws Set to Continue There’s currently no federal law requiring paid leave. The federal Family and Medical Leave Act of 1993 only requires employers to provide unpaid time...
While artificial intelligence has been lauded the world over for its potentially transformative impact on, well, just about everything , state legislators across the country have been concerned about its...
Insurer Payouts for LA Wildfires Top $12B California Insurance Commissioner Ricardo Lara (D) announced that insurers have now paid out over $12 billion in claims from the largest of the Los Angeles wildfires...
Google Weighs in on Social Media Age Verification Days after Utah passed a first-in-the-nation law ( SB 142 ) requiring app stores to verify the age of users, Google finally weighed in publicly on the...
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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