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Trump’s ‘Debanking’ Order Raises Questions for Lenders Days after accusing JPMorgan Chase and Bank of America of discriminating against him and other conservatives, President Donald...
Tech Groups Battling AI Regulation in CA Tech industry groups including the Business Software Alliance, the Consumer Technology Association and the Chamber of Progress are stepping up their lobbying...
Seven years after the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act , states continue to wrestle with how best to regulate sports betting, an industry that now generates...
SC Proposes Rate Cuts for Some Credit Property Insurance South Carolina’s Department of Insurance plans to cut the rates for some credit property insurance, which lenders sometimes require to protect...
States Eying Higher Electricity Rates for Data Centers At least a dozen states are considering ways to make data centers pay more for their power, with evidence mounting that data center demand is driving...
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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 of strict new rules imposed on them after the deadly Surfside condo collapse in 2021. But the version of HB 913 that was ultimately approved by state lawmakers has some in the condo insurance community worried that it could result in properties being underinsured. For instance, the approved version mandates that “every condominium association shall have adequate property insurance.” But wording in the introduced version stating the determination of adequate insurance coverage “must” be made via an independent appraisal was replaced with wording indicating that determination “may” be made through such an appraisal. (INSURANCE JOURNAL, LEXISNEXIS STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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