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States Continue to Target AI-Driven Rental Pricing Nineteen states are considering bills that would limit the use of third-party software relying on competitor data to set rental housing prices, according...
Trump, Congress Weigh Measures to Preempt State AI Laws The Trump administration circulated—and then put on hold—a draft executive order aimed at preempting state laws regulating artificial...
Last year, after Colorado and California became the first states in the nation to expand privacy protections to include neural data, we said more states could follow suit . This year two more have done...
MI Lawmakers Advance Medical Debt Protections The Michigan Senate’s Health Policy Committee has advanced a trio of bipartisan bills aimed at reducing the burden of medical costs on residents of...
EU Reversing Course on Tech Regulation After aggressively regulating the technology industry for over a decade, the European Union is moving to loosen its landmark digital privacy and artificial intelligence...
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Louisiana Gov. Jeff Landry (R) signed a trio of bills aimed at addressing the state’s insurance crisis, with insurers failing and fleeing the market and rates skyrocketing, as in other states at high risk of extreme weather due to climate change.
HB 611 will phase out the state’s “three-year rule,” preventing insurers from dropping or raising the deductibles of policyholders who have been customers for three years or more. Now insurers will be able to drop 5% of their longtime customers each year, and the three-year rule won’t apply to customers who buy policies after August.
SB 323 will allow homeowners insurers more time to pay claims and give them a “cure period” for resolving issues with policyholders.
SB 295 will let insurers increase rates without obtaining prior approval from the Insurance Department. (ADVOCATE, LEXISNEXIS STATE NET)
Vermont lawmakers passed legislation (HB 659) regulating cryptocurrency kiosks, or “Bitcoin ATMs,” allowing users to easily purchase digital currencies with cash or a debit card. Among other things, the measure would limit user transactions to $1,000 per day, cap fees for such transactions at 3%, and impose a one-year moratorium on the installation of new machines in the state. A spokesperson for Gov. Phil Scott (R) said he hadn’t seen the final version of the bill, but the state’s Department of Financial Regulation had “been comfortable” with the legislation. (VTDIGGER)
—Compiled by SNCJ Managing Editor KOREY CLARK
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