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FTC, 17 States File Antitrust Lawsuit Against Amazon The long-expected antitrust action against Amazon finally came last week with the filing of a complaint in the U.S. District Court for the Western...
NC Budget Would Preempt Local Government Minimum Wage Rates The state budget ( HB 259 ) approved largely along party lines this month in North Carolina’s Republican-controlled legislature includes...
Medicaid Expansion Coming to NC in December North Carolina Gov. Roy Cooper (D) announced last week that the state will launch Medicaid expansion on Dec. 1, which will leave just 10 states that haven’t...
In the early days of the COVID-19 pandemic, Congress enacted the Families First Coronavirus Response Act , which among other things required state Medicaid programs to keep people continuously enrolled...
Biden Administration Seeks to Exclude Medical Debt from Credit Scores The Biden administration announced plans to develop new rules that would prevent unpaid medical bills from counting towards consumers’...
The heads of the Federal Deposit Insurance Corporation and the Federal Reserve said last week that bank regulators are considering applying a set of tougher capital rules to banks that have over $100 billion in assets. In a speech FDIC Chairman Martin Gruenberg said the trouble in the banking sector this spring, including the failure of three banks, indicated banks of this size pose a risk to the financial system and need greater oversight. (REUTERS)
With traditional mortgages becoming out of reach for an increasing number of American homebuyers, lawmakers in at least four states have introduced bills this year addressing consumer protections for alternative home financing arrangements such as rent-to-own agreements, land installment contracts and personal property loans, according to the National Conference of State Legislatures. The four states are: Hawaii (SB 396), Indiana (HB 1185), Kansas (HB 2101) and West Virginia (SB 71). (NATIONAL CONFERENCE OF STATE LEGISLATURES)
The 7th Circuit Court of Appeals upheld a lower court decision requiring Citizens Insurance Co. of America to defend a customer, Wynndalco Enterprises, in a pair of class-action lawsuits associated with a facial recognition database the tech company sold to a data broker, which then sold to the Chicago Police Department. The appeals court said a “catch-all” provision in Citizens’ policy excluding coverage for violations of any statutes was too broad to apply to the Illinois Biometric Privacy Act, which the lawsuits were centered around. (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK