Free subscription to the Capitol Journal keeps you current on legislative and regulatory news.
Insurance Bill Raises Concerns in FL A fast-moving bill ( SB 1028 ) in Florida, sponsored by Sen. Joe Gruters (R), chairman of the Senate’s Banking and Insurance Committee, would require Citizens...
MS House Passes PBM Reform Bill Mississippi’s House of Representatives passed a bill ( HB 1665 ) that would prohibit pharmacy benefit managers from employing clawbacks when patients’ copayments...
In June, Kansas became the 37th state to offer tax incentives to data centers, underscoring how the massive warehouse-like facilities that support the internet have become a priority for states and state...
States Target Sale of Consumer Geolocation Data Virginia’s Senate Committee on General Laws and Technology advanced a bill ( SB 338 ) that would amend the Virginia Consumer Data Protection Act...
States Easing Up on Certificate of Need Laws Over a dozen states have introduced or are considering legislation this year to scale back their certificate of need (CON) laws requiring healthcare providers...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
A fast-moving bill (SB 1028) in Florida, sponsored by Sen. Joe Gruters (R), chairman of the Senate’s Banking and Insurance Committee, would require Citizens Property Insurance, the state’s insurer of last resort, to set up a clearinghouse for commercial property coverage. But Florida Insurance Commissioner Michael Yaworsky said setting up a clearinghouse could cost $40 million, and some brokers and agents say the measure would benefit one company — Ryan Turner Specialty, part of one of the nation’s largest wholesale brokerages — while costing them more in fees and surcharges. (INSURANCE JOURNAL, LEXISNEXIS STATE NET)
A federal judge struck down a 2021 Texas law requiring state and local government agencies to divest from financial firms that use environmental, social or governance, or ESG, factors in investment decisions, saying the law violated First Amendment free speech protections. Bryan McGannon, managing director of the U.S. Sustainable Investment Forum, said the ruling paves the way for legal challenges to similar laws in other states, including Oklahoma, Kentucky, Tennessee and Utah and West Virginia. (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK
Visit our webpage to connect with a LexisNexis® State Net® representative and learn how the State Net legislative and regulatory tracking service can help you identify, track, analyze and report on relevant legislative and regulatory developments.