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‘Unauthorized Alien’ Limits Among Trio of Auto Insurance Proposals Under Consideration in LA House Three auto insurance bills cleared the Louisiana House Committee on Civil Law and Procedure...
Social Media Bill Dodges Veto Override in CO Colorado Gov. Jared Polis’ (D) veto of a social media bill ( SB 86 ) survived an override attempt. The state’s Democrat-controlled Senate voted...
WA Enacts Law Keeping Medical Debt Off Credit Reports Washington Gov. Bob Ferguson (D) signed a bill ( SB 5480 ) prohibiting collection agencies from reporting unpaid medical debt to credit agencies...
In 2022, there were about 22 maternal deaths for every 100,000 live births in the United States. That’s the highest rate of maternal deaths among high-income nations worldwide. That sobering statistic...
DOGE-Like Effort in FL Could Impact Insurance Industry The wave of housecleaning that’s swept through the federal government courtesy of Elon Musk's Department of Government Efficiency appears...
A bill (SB 76) reforming property insurance and roofing contractor practices in Florida was just signed into law by Gov. Ron DeSantis (R) on June 11 and won’t officially take effect until July 1. But by some accounts it’s already having a positive impact on the state’s beleaguered insurance market.
Florida Insurance Commissioner David Altmaier said he’s starting to see an increase in the number of homeowners policies private carriers are picking up across the state. And Rep. Bob Rommel (R), who authored the House version of the bill (HB 305), said insurers have also been showing greater willingness to enter the state’s market since SB 76 was passed. (INSURANCE JOURNAL, STATE NET)
California has been encouraging the rebuilding of homes in areas destroyed by wildfires, according to a study by the University of California, Berkeley’s Center for Community Innovation. The researchers found that state and local policies in California emphasize the retrofitting of existing homes, the securing of defensible space around homes and community evacuation plans rather than incentivizing residents to move to lower-risk areas. Insurers paid out $100 million a year in fire insurance claims in the state, on average, from 1964 to 1990 and about $26 billion after the 2017 and 2018 fire seasons. (INSURANCE JOURNAL)
Michigan’s Department of Insurance and Financial Services has issued a bulletin (2021-27-INS) reminding property/casualty insurers that they aren’t permitted to rely on “zero-dollar claims” in their insureds’ loss histories. The DIFS said some P/C insurers have been taking such claims, which include claims that were filed but withdrawn before the insurer paid them, into account when making rate, underwriting and renewal decisions. (INSURANCE JOURNAL)
The incidence of motor vehicle-related trauma in Houston decreased by a third for every 1,000 rideshare rides, according to a study by The University of Texas Health Science Center at Houston (UTHealth). The study also found a reduction in the average number of daily impaired driving convictions, from 22.5 to 19, since 2014, when rideshare companies began operating in the city. (INSURANCE JOURNAL)
-- Compiled by KOREY CLARK