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‘Unauthorized Alien’ Limits Among Trio of Auto Insurance Proposals Under Consideration in LA House Three auto insurance bills cleared the Louisiana House Committee on Civil Law and Procedure...
Social Media Bill Dodges Veto Override in CO Colorado Gov. Jared Polis’ (D) veto of a social media bill ( SB 86 ) survived an override attempt. The state’s Democrat-controlled Senate voted...
WA Enacts Law Keeping Medical Debt Off Credit Reports Washington Gov. Bob Ferguson (D) signed a bill ( SB 5480 ) prohibiting collection agencies from reporting unpaid medical debt to credit agencies...
In 2022, there were about 22 maternal deaths for every 100,000 live births in the United States. That’s the highest rate of maternal deaths among high-income nations worldwide. That sobering statistic...
DOGE-Like Effort in FL Could Impact Insurance Industry The wave of housecleaning that’s swept through the federal government courtesy of Elon Musk's Department of Government Efficiency appears...
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