Free subscription to the Capitol Journal keeps you current on legislative and regulatory news.
CA Regulators Complete Review of Wildfire Risk Model California’s Department of Insurance has completed a review of the state’s first wildfire catastrophe model, which property/casualty insurers...
Trump Administration’s ‘AI Action Plan’ Targets State AI Regulation The Trump administration released an “AI Action Plan,” aimed at speeding the development of artificial...
In the span of just 36 days this spring and summer, the number of states offering unemployment benefits to striking workers doubled—to four. New Jersey was the first to offer such benefits, beginning...
Developing Anti-‘Debanking’ Trend in Red States? A new front appears to have opened in the ongoing battle over environmental, social and governance (ESG) investing. In March Idaho Gov. Brad...
FL Requests Medicaid Waiver to Bolster Health Workforce Florida is seeking a federal waiver to use Medicaid funding to expand its health care workforce, a plan that could be adopted by other states....
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
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
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.