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MI to Weigh Ban on Stock Buybacks for Companies Receiving Tax Breaks Michigan Sen. Mallory McMorrow (D) introduced a bill ( SB 783 ) that would prohibit publicly traded companies receiving economic incentives...
VA House Passes Paid Sick Leave Bill Virginia’s House of Delegates approved a bill ( HB 5 ) that would expand the state’s current paid sick leave law, which applies only to a small segment...
VA Lawmakers Okay Prescription Drug Affordability Board Virginia lawmakers have passed legislation ( SB 271 / HB 483 ) that would create a prescription drug affordability board to review drug prices...
Geolocation data has become a new frontier in privacy protection. This year, Virginia could join Maryland and Oregon as the first states to prohibit the sale of information that provides the precise...
Insurance Bill Raises Concerns in FL A fast-moving bill ( SB 1028 ) in Florida, sponsored by Sen. Joe Gruters (R), chairman of the Senate’s Banking and Insurance Committee, would require Citizens...
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California Insurance Commissioner Ricardo Lara issued a one-year moratorium on the cancellation or non-renewal of residential insurance coverage for more than 185,000 policyholders impacted by recent major fires in the state. The moratorium shields homeowners within the perimeters or adjoining ZIP codes of the fires for one year regardless of whether they suffered a loss. (INSURANCE JOURNAL)
Five Louisiana legislative committees with oversight of insurance met last week to discuss the causes of and potential solutions for the state’s high insurance rates. The state’s Legislature is expected to meet in a special session on insurance issues in 2025. (LOUISIANA ILLUMINATOR)
As the backlash against diversity, equity and inclusion, or DEI, investing has intensified in the United States, the number of resolutions companies have been receiving from investors urging them to abandon their support of DEI programs has also been rising, with 42 such anti-DEI resolutions having been filed this year, up from just one three years ago. But for now, pro-DEI resolutions still outnumber anti-DEI resolutions. (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK
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