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NetChoice Leads Tech’s Legal Battle Against State Regulation Tech trade association NetChoice has become the chief litigator for the industry. In the last few years the organization has filed 10...
AI in Healthcare Bills Awaiting Gov’s Action in CA California could soon establish new guardrails for the use of artificial intelligence in healthcare with a pair of bills awaiting action by Gov...
If an autonomous vehicle hits another car or a pedestrian, who’s to blame? The manufacturer or software developer? Other parties like computer programmers, satellite mapping companies, or even state...
Tech Lobby Zeroes In on AI Bill in CA Opponents of a first-of-its-kind bill ( SB 1047 ) in California aimed at regulating major developers of artificial intelligence outnumbered supporters of the measure...
CA Nears Restricting Private-Equity Healthcare Acquisitions The California Legislature passed a bill ( AB 3129 ) that, if signed by Gov. Gavin Newsom (D), would require the state attorney general’s...
Florida lawmakers passed sweeping legislation aimed at ending the state’s years-long property insurance crisis. If signed by Gov. Ron DeSantis (R), the bill (SB 2 c), which sailed through both chambers during the state’s second special session on insurance, will return state-created Citizens Property Insurance Corp. to the status of insurer of last resort by requiring Citizens’ policyholders to switch to another carrier if that carrier’s premiums aren’t over 20 percent higher than Citizens’.
It will also require Citizens policyholders to purchase flood insurance; do away with one-way attorney fees and assignment of benefits agreements, which insurers say have been major cost drivers; reduce the amount of time insurers have to pay or deny claims; give the Office of Insurance Regulation more authority to examine insurer practices; and create a taxpayer-funded $1 billion reinsurance program. (INSURANCE JOURNAL, TAMPA BAY TIMES, STATE NET)
New York Gov. Kathy Hochul (D) signed legislation (SB 7658/AB 8869) protecting victims of hate crimes from unfair insurance practices. The law bars insurers from canceling a policy, raising a premium, or refusing to issue or renew a policy solely because an individual or organization filed one or more claims for a loss resulting from a hate crime. (INSURANCE JOURNAL, STATE NET)
-- Compiled by KOREY CLARK