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NH, AZ Authorize Crypto Reserves Two months after President Trump signed an executive order establishing a federal strategic bitcoin reserve and digital asset stockpile, New Hampshire and Arizona have...
FL Condo Bill Raises Insurance Concerns Florida lawmakers passed a bill ( HB 913 ) intended to provide condominium owners some relief from the high cost of bringing properties up to code, as a result...
State Lawmakers Shift from PBMs to PSAOs in Fight Against High Drug Costs For a while now state legislators have targeted pharmacy benefit managers, or PBMs, for contributing to the high cost of prescription...
TX Taking Tougher Stance on Social Media for Kids The Texas House passed a bill ( HB 186 ) that would ban social media accounts for anyone under the age of 18. The measure would also allow parents to...
IA Enacts Law Addressing Shortage of Birth Centers Iowa Gov. Kim Reynolds (R) signed a bill ( HF 887 ) exempting freestanding birth centers from having to obtain a certificate of need from the state’s...
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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