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CA Urges Insurers to Make Things Easier for LA Wildfire Victims California Insurance Commissioner Ricardo Lara (D) issued a notice to residential property insurance companies in the state urging them...
Legislative Backlash Against AI Regulation A bill introduced in Montana ( SB 212 ) and a proposed constitutional amendment in New Hampshire ( CACR 6 ) would establish a right to compute, guaranteeing...
More PBM Regulation Under Consideration in IA After passing pharmacy benefit manager regulations last year, Iowa lawmakers are considering a pair of bills ( HSB 99 and SSB 1074 ) that would require all...
In late September, California became one of the first states to establish some ground rules for the use of artificial intelligence in healthcare when Gov. Gavin Newsom (D) signed into law AB 3030 and SB...
Bipartisan Bill to Ban Noncompete Clauses Introduced in OH Ohio Sens. Bill Blessing (R) and Bill DeMora (D) have introduced legislation ( SB 11 ) that would ban employers from enforcing noncompete clauses...
J.P. Morgan said last week that insured losses from the wind-driven wildfires in Los Angeles could reach $10 billion, according to reporting by Reuters. AccuWeather initially estimated the total damage and economic loss from the fires would range from $52 billion to $57 billion, but days later it revised its estimate to between $135 billion and $150 billion, which would make the fire disaster one of the costliest in modern U.S. history. (INSURANCE JOURNAL, ACCUWEATHER)
Texas filed a lawsuit alleging Allstate has been secretly collecting driver data through drivers’ smartphone apps. Texas AG Ken Paxton (R) said Allstate and its analytics subsidiary Arity paid mobile app developers millions of dollars to install their tracking software. Last year the state sued General Motors for allegedly collecting drivers’ data and selling it to insurers without the drivers’ consent. (NEW YORK TIMES)
—Compiled by SNCJ Managing Editor KOREY CLARK
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