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States Target School Cell Phone Use At least four states have banned or severely restricted the use of smart phones in schools in the current legislative biennium. Florida became the first state to do...
Compounded Weight-Loss Drugs Creating Headaches for State Regulators With popular weight-loss drugs like Mounjaro, Ozempic and Wegovy in short supply, many doctors, pharmacies and other providers have...
In their seminal book on the American health care system, legendary investigative reporters Donald L. Barlett and James B. Steele offered a disturbing metaphor for the illogical nature of medical pricing...
PA Lawmakers Pass Bill Regulating PBMs The Pennsylvania legislature passed a bill ( HB 1993 ) aimed at increasing oversight of pharmacy benefit managers. If signed by Gov. Josh Shapiro (D), the measure...
In a sign of the times, states have begun pursuing bills that require disclosure of the use of artificial intelligence. In March, Utah Gov. Spencer Cox (R) signed SB 149 , making the state the first...
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