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ME Lawmakers Pass Data Center Ban The Maine Legislature passed a bill ( HB 207 ) that would make the state the first to temporarily ban the development of large data centers. The measure would impose...
State and Federal Funding Flowing for Ibogaine Research President Donald Trump signed an executive order providing up to $50 million in federal funding for states to conduct research on ibogaine, a psychedelic...
Smart glasses, like Ray-Ban Meta frames, allow wearers to take photos and videos, listen to music and make calls without ever picking up a phone. The technology, however, can also permit users to record...
IL House Passes ‘Junk Fee’ Bill The Illinois House passed a bill ( HB 228 ) that would amend the state’s Consumer Fraud and Deceptive Business Practices Act to prohibit businesses from...
Anthropic Not Releasing New AI Model to Public The artificial intelligence company Anthropic—recently in the headlines for demanding that the Pentagon agree to certain limitations on the use of...
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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
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