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STATE NET® THOUGHT LEADERSHIP SERIES How Historic Adoption Rates Hold the Key to Forecasting Future Regulatory Action Just as state legislatures vary in their bill passage rates, some state agencies...
Judge Strikes Down Part of MD Digital Ad Tax Law A federal judge struck down a provision of Maryland’s first-in-the-nation digital advertising tax law that prohibited online companies from notifying...
NLRB Sues California to Block Labor Board Law The National Labor Relations Board has filed a lawsuit to block a new California law ( AB 288 ) empowering the state’s Public Employee Relations Board...
TX AG Sues Johnson & Johnson over Claimed Tylenol-Autism Link Texas Attorney General Ken Paxton (R) filed a lawsuit against Johnson & Johnson this week claiming the company hid the risks of Tylenol...
Over the past 47 years, seven states have enacted their own, state-level versions of the federal Community Reinvestment Act to ensure financial institutions within their jurisdictions are meeting the banking...
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The Illinois Bankers Association and other organizations filed a federal lawsuit to block a new Illinois law limiting banks from charging interchange, or “swipe,” fees on tax and tip revenues. The Interchange Fee Prohibition Act is scheduled to take effect on July 1 next year. (CENTER SQUARE)
Washington State Insurance Commissioner Mike Kreidler (D) has proposed delaying Phase 2 of a recently adopted insurance premium change transparency rule for two years, from June 2027 to June 2029. Phase 1 of the rule, which took effect in June of this year, requires homeowners and auto insurers to disclose to policyholders why their premiums have increased when asked. Phase 2 will require the reasons for premium increases to be included in policy renewals. (INSURANCE JOURNAL)
The U.S. 11th Circuit Court of Appeals ruled that insurance carriers can’t be held responsible when banks improperly cash checks made out to two insureds and give the proceeds to just one of them. The federal appeals court’s decision—involving Markel American Insurance Co. and a pair of Florida-based truck-leasing firms—and a similar ruling by a state-level appellate court in Florida in 2022 means insurers in the state are unlikely to face similar lawsuits in the future. (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK
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