Free subscription to the Capitol Journal keeps you current on legislative and regulatory news.
CA Senate Approves AI Companion Chatbots Safety Bill California’s Senate passed a bill ( SB 243 ) that would require artificial intelligence-powered companion chatbot platforms to remind users...
OR Lawmakers Close to Approving Unemployment for Striking Workers The Oregon House passed a bill ( SB 916 ) that would allow striking workers to receive unemployment benefits for up to 26 weeks. The...
CO Changes Way PBMs Paid Colorado Gov. Jared Polis (D) signed a bill ( HB 1094 ) that, among other things, will allow pharmacy benefit managers, starting in 2027, to only be paid a flat service fee instead...
LA Homeowners Sue Insurers over Inadequate Fire Coverage Victims of the Los Angeles wildfires in January have filed a pair of lawsuits claiming USAA, a Texas-based insurer that serves members of the...
A year ago, after the passage of a couple of strong data privacy laws in Maryland and Vermont, we wondered if states were starting to get tougher on consumer privacy . Even though this issue remains...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
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
Please visit our webpage to connect with a State Net representative and learn how the State Net legislative and regulatory tracking solution can help you identify, track, analyze and report on relevant legislative and regulatory developments.