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States Target School Cell Phone Use At least four states have banned or severely restricted the use of smart phones in schools in the current legislative biennium. Florida became the first state to do...
Compounded Weight-Loss Drugs Creating Headaches for State Regulators With popular weight-loss drugs like Mounjaro, Ozempic and Wegovy in short supply, many doctors, pharmacies and other providers have...
In their seminal book on the American health care system, legendary investigative reporters Donald L. Barlett and James B. Steele offered a disturbing metaphor for the illogical nature of medical pricing...
PA Lawmakers Pass Bill Regulating PBMs The Pennsylvania legislature passed a bill ( HB 1993 ) aimed at increasing oversight of pharmacy benefit managers. If signed by Gov. Josh Shapiro (D), the measure...
In a sign of the times, states have begun pursuing bills that require disclosure of the use of artificial intelligence. In March, Utah Gov. Spencer Cox (R) signed SB 149 , making the state the first...
Catastrophe modeler Karen Clark & Company estimated insured property losses from the Lahaina wildfire at about $3.2 billion. With the death toll from the Maui fires having exceeded 100, they are the nation’s deadliest in over 100 years. (INSURANCE JOURNAL)
With Missouri state lawmakers having failed to pass legislation (HB 863) this year aimed at curtailing environmental, social and governance investing, Secretary of State Jay Ashcroft (R) has issued a new rule requiring financial advisors and institutions to disclose to customers investments that prioritize ESG scores or other criteria that may not maximize profit. Ashcroft said his first-in-the-nation rule may help guide other states looking to regulate ESG investing. (PLURIBUS NEWS)
The National Association of Insurance Commissioners, which sets standards for the industry, has proposed a rule that would allow it to override credit ratings assigned to some investment deals, effectively limiting how much money insurers could devote to such deals. The NAIC says the rule is needed to address the increasing number of deals being made in lightly-regulated private markets. (BLOOMBERG)
Maine and Colorado entered into a partnership agreement aimed at lowering fees associated with the automatic retirement savings programs each state offers the 40% of its workers who don’t receive retirement benefits from their employers. The first-of-its-kind-in-the-nation partnership consolidates those programs under a single administrator. (PLURIBUS NEWS)
—Compiled by SNCJ Managing Editor KOREY CLARK
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