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ND Regulators Approve Bank-to-Bank Stablecoin Use North Dakota’s Industrial Commission approved the use of the state bank’s planned stablecoin, the Roughrider Coin, for bank-to-bank transactions...
Tech Group Pushing Back on NY Chatbot Bill A tech industry group is opposing a New York bill ( SB 7263 ) aimed at preventing chatbots from impersonating a variety of licensed professionals, including...
KS Lawmakers Pass PBM Bill A bill aimed at tightening regulations on PBMs ( SB 360 ), but which appeared unlikely to move forward this session, was inserted into another bill ( SB 20 ) during a conference...
Who could have predicted this? Prediction markets have emerged as one of the biggest stories of 2026. The online platforms and apps, which allow users to bet on anything from who will win the Oscar for...
New White House Policy Framework Calls for Blocking State AI Laws The Trump administration released a National Policy Framework for Artificial Intelligence that, among other things, urges Congress to...
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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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