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CA Insurance Commissioner Seeking Reforms to Intervenor Process California Insurance Commissioner Ricardo Lara (D) announced he wants to make changes to the foundational insurance law approved by the...
Nearly Half of States Target AI-Based Home Rental Pricing in 2025 Lawmakers introduced bills aimed at restricting the use of artificial intelligence in setting housing rental prices in 23 states this...
Several Health-Related Bills Awaiting Gov’s Action in CA California lawmakers passed several health-related bills in the final days of the session. They include SB 40 , which would cap the monthly...
On Sept. 8, California’s Legislature sent Gov. Gavin Newsom (D) a bill that’s been called “a glimpse into how the next generation of regulation may shape the future of AI development...
Chatbot Bills Near Passage in CA A pair of bills aimed at protecting minors from harm by chatbots are nearing passage in California. Of the two, tech groups favor SB 243 , which would allow citizens...
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California Insurance Commissioner Ricardo Lara (D) issued a notice to residential property insurance companies in the state urging them to go beyond their legal obligation and pay policyholders affected by the wildfires last month in Southern California 100% of their personal property coverage limits without requiring them to itemize everything they lost. The notice, which doesn’t have the force of law, gave insurers until Feb. 28 to inform the Department of Insurance whether they will comply with Lara’s request.
On Jan. 23 Lara issued a bulletin reminding insurers and adjusters that under the state of emergency declared by Gov. Gavin Newsom (D) as a result of the fires, insurers were required to pay up to 30 percent of a policyholder’s contents coverage limit, up to a maximum of $250,000, without itemization. (NEW YORK TIMES)
As part of his 2025-26 budget, Florida Gov. Ron DeSantis (R) proposed spending about $590 million on a program to help lower insurance premiums by strengthening homes against hurricanes. The budget would also provide $30 million for a similar home-hardening program for condominiums. (WUSF)
A bill under consideration in Indiana (HB 1174) would raise the limit on payday loans to $25,000 from its current level of $825. The measure would also increase the maximum interest rate payday lenders could charge to 36% from the current 25% rate. (WRTV, LEXIS NEXIS STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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