Government
Triple-I: Regulatory Restrictions Contribute to Risk Crisis in California
Regulatory restrictions to actuarially sound insurance pricing and underwriting, coupled with the need for more mitigation and resilience efforts in the state of California, are placing financial ...
Florida Insurance Legislation Update: Bills That Passed; Bills That Didn’t Pass
A number of property insurance-related bills were introduced in the Florida legislature this year—from a fundamental change to the Citizens Property Insurance Corp. coverage model to further ...
U.S. Treasury Drops Plan to Collect Insurer Data on Climate Risks
The U.S. government is stepping away from its effort to collect data on home insurance prices and availability at the ZIP code level as premiums soar and climate risks to property intensify. Instead, ...
National Hurricane Center to Add Inland Cone Graphic Warning
Beginning on or around Aug. 15, 2024, a new change to the National Hurricane Center's inland tropical storm and hurricane watches and warnings will assist residents and business owners in preparing ...
Amazon Joins Companies Arguing NLRB Is Unconstitutional
Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a U.S. labor agency's in-house enforcement proceedings violate the U.S. Constitution, ...
Florida Considers Stiffer Penalties in Retail Theft Crackdown
Earlier this week, Florida Governor Ron DeSantis announced proposed legislative action to curb the growing nationwide retail theft and porch piracy trend. In 2022, retailers across the country lost ...
Top AI Companies Join Government Effort to Set Safety Standards
The top U.S. artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it's deployed safely and responsibly, ...
California Sued by Business and Agricultural Groups Over New Climate Disclosure Laws
Business and agricultural groups sued California on Tuesday over the most sweeping climate disclosure mandates in the nation, arguing the policies signed by Gov. Gavin Newsom last year overstep on ...