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NH, AZ Authorize Crypto Reserves Two months after President Trump signed an executive order establishing a federal strategic bitcoin reserve and digital asset stockpile, New Hampshire and Arizona have...
FL Condo Bill Raises Insurance Concerns Florida lawmakers passed a bill ( HB 913 ) intended to provide condominium owners some relief from the high cost of bringing properties up to code, as a result...
State Lawmakers Shift from PBMs to PSAOs in Fight Against High Drug Costs For a while now state legislators have targeted pharmacy benefit managers, or PBMs, for contributing to the high cost of prescription...
TX Taking Tougher Stance on Social Media for Kids The Texas House passed a bill ( HB 186 ) that would ban social media accounts for anyone under the age of 18. The measure would also allow parents to...
IA Enacts Law Addressing Shortage of Birth Centers Iowa Gov. Kim Reynolds (R) signed a bill ( HF 887 ) exempting freestanding birth centers from having to obtain a certificate of need from the state’s...
Last month the California Air Resources Board adopted the world’s strictest rules for shifting to zero-emission vehicles. Under those rules all new cars, SUVs and pickup trucks sold in the state will have to be electric- or hydrogen-powered by 2035. The move is likely to significantly alter the U.S. auto market, with 10 percent of sales coming from California. (INSURANCE JOURNAL, LOS ANGELES TIMES)
Facebook’s parent company, Meta Platforms Inc., has agreed to settle a four-year-old lawsuit accusing Facebook of letting third parties, including Cambridge Analytica, access user’s private data, according to a federal court filing. The joint filing by Meta and the plaintiffs indicated that they have reached a tentative agreement but didn’t provide any additional details. The filing requested a 60-day stay of the lawsuit now before the U.S. District Court for the Northern District of California. (WALL STREET JOURNAL, INSURANCE JOURNAL)
The Federal Trade Commission has filed a lawsuit against data broker Kochava, alleging the company sold location data for hundreds of millions of mobile device users that could be used to track their movements, including to sensitive locations like reproductive health clinics and places of worship. The suit is consistent with the agency’s recent pledge to crack down on harmful commercial surveillance. (CNBC)
Elon Musk’s legal team sent a letter to the U.S. Securities and Exchange Commission saying that the testimony of a whistleblower justifies his backing out of the $44 billion deal to buy the microblogging platform. Earlier this month former Twitter security chief Peiter Zatko alleged that the company had deceived its board of directors, federal regulators and the public about significant security issues. (CNET)
The National Labor Relations Board ruled last week that Tesla violated the rights of its workers when it told them they weren’t allowed to wear shirts with pro-union insignia at the company’s factory in Fremont, California. The decision contradicts a 2019 NLRB ruling allowing Walmart to limit - but not ban - employees from wearing apparel with pro-union insignia while on the job. (CNBC)
Solar panels on the roofs of Amazon fulfillment centers caught fire or experienced electrical explosions on six separate occasions between April 2002 and June 2021, a rate an internal report said was “unacceptable” and “above industry averages.” Rooftop solar is an element of the company’s plan to reach zero emissions by 2040. (CNBC)
Michigan awarded $285,000 to four companies in connection with its Michigan Mobility Funding Platform. The aim of that initiative is to fund the testing and deployment of transportation technology that supports the state’s electric vehicle infrastructure ecosystem. (GOVERNMENT TECHNOLOGY)
-- Compiled by KOREY CLARK
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