Insurance Regulators Defend State-Led Model in Reply to Warren
The National Association of Insurance Commissioners defended its supervision of Wall Street’s influence over insurers and their bets on private credit, as the group seeks to dispel US Senator Elizabeth...
View ArticleSenate Committee Sends TRIA Reauthorization to the Floor
Federal legislation to extend the Terrorism Risk Insurance Act will head to the full Senate after unanimously getting a nod from the Senate Banking Committee. The committee on Sept. 17 voted 24-0 to...
View ArticleA Landmark Supreme Court Ruling Is Upending How America Moves Its Goods
Daniel Ilg started out in the freight brokerage industry at 14 years old, learning from his dad how to match trucking companies with loads of goods that needed to move around the country. About two...
View ArticleICE Pitches Legal Insurance for Officers Who Make Immigration Arrests
U.S. Immigration and Customs Enforcement is pitching a plan to help shield local police officers who make immigration arrests from possible financial consequences if they are accused of on-duty...
View ArticleEEOC Moves to End Employer Reporting of Worker Race, Sex Data
The U.S. agency that enforces laws banning workplace discrimination moved to scrap a requirement that employers annually submit data on the race and sex of their workers, which since its adoption in...
View ArticleBill to Curb Staged Accidents Introduced in Senate
The industry trades have come out to support the latest effort on Capitol Hill to thwart staged accidents. Sen. Ashley Moody on July 22 introduced the Staged Accident Fraud Prevention Act. About a year...
View ArticleFDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak
The Food and Drug Administration on Sunday withdrew an earlier positive test that had tied Taylor Farms’ lettuce to the cyclospora outbreak, even as health officials said the supplier remains a focus...
View ArticleU.S. to Launch AI and Cybersecurity Coordination Group, White House Says
The U.S. will formally bring together AI developers and essential services providers to share information on cybersecurity vulnerabilities identified by advanced AI systems and coordinate responses,...
View ArticleU.S.-Iran Deal Promises End to War but How it Will Work Remains Unclear
Doubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and...
View ArticleSEC Moves to Scrap Biden-Era Rule on Climate Risk Disclosures
The U.S. Securities and Exchange Commission wants to formally kill rules it’s now calling a “dramatic overreach” of its own authority that would have required public companies to report greenhouse gas...
View ArticleNY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget
After bypassing the April 1 deadline and engaging in weeks of debate and compromise, New York lawmakers have agreed on a $268.5 billion budget that includes auto insurance reforms championed by Gov....
View ArticleCan Trump’s New FEMA Pick Save the Beleaguered Disaster Agency?
President Donald Trump’s pick to lead the Federal Emergency Management Agency wrote a memo last spring laying out how to kill the disaster agency. At the time, Cameron Hamilton was FEMA’s interim chief...
View ArticleFEMA Council Backs Overhaul of Disaster Response
President Donald Trump’s task force for reforming the Federal Emergency Management Agency on Thursday recommended sweeping changes to how the federal government responds to natural disasters. The...
View ArticleFEMA Tells Court It’s Offering Jobs Back to Employees Let Go in January
An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to disaster workers...
View ArticleNY to Lose $74M of Federal $ Over 33,000 Immigrant Trucker CDLs
New York will lose more than $73.5 million in federal money because the Transportation Department said last week that state has refused to revoke nearly 33,000 questionable commercial driver’s licenses...
View ArticleWall Street Law Firm Apologizes for AI ‘Hallucinations’ in Court Filing
Sullivan & Cromwell, a premier Wall Street law firm, apologized to a federal judge for submitting a court filing with inaccurate citations and other errors generated by artificial intelligence. In...
View ArticleLawmakers Gather to Talk About AI; Angst and Fears of ‘Destruction’ Follow
A congressional subcommittee on April 16 held a roundtable discussion on the potential of artificial intelligence, which took a turn toward the existential as each lawmaker aired their anxieties about...
View ArticleToxic Gas-Emitting Plants Get Pollution Reprieve Under Trump
After teacher Janet Rau learned that a carcinogenic gas was being released from an industrial plant near her school in 2019, she started a campaign for more oversight. Five years later, the...
View ArticleSEC’s Power to Recoup Illicit Profits Challenged at Supreme Court
Three times over the past decade, the US Supreme Court has cut the Securities and Exchange Commission’s ability to extract millions of dollars from alleged wrongdoers. Critics of the commission say...
View ArticleU.S. Weighs Tougher Auto Import Rules to Accelerate Reshoring
The Trump administration is considering potential changes to North American trade rules that would raise tariff costs on U.S. automobile imports and push manufacturers to boost domestic production,...
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