California governor signs insurance bills

California Gov. Gavin Newsom signed insurance bills that will affect insurance agent licensing and bonding procedures. S.B. 1242 requires mandatory training that agents and brokers must complete to receive or renew a license, including at least one hour of study on insurance fraud. The law also requires them to report suspected fraudulent applications for coverage to the Department … Read more

UK Unveils Multi-Billion Pound Plan to Help Businesses With Winter Energy Bills

Breadcrumb Trail Links PMN Business The British government unveiled a multibillion-pound bailout to help companies with their energy bills this winter amid soaring prices that threaten to put many out of business. Author of the article: Bloomberg News Todd Gillespie and Kitty Donaldson Article content (Bloomberg) — The British government unveiled a multibillion-pound bailout to … Read more

California governor signs heat safety, insurance fraud training bills

California Gov. Gavin Newsom on Friday signed bills creating an advisory committee to study the effects of extreme heat on workers and requiring agents and brokers to undergo training on how to identify insurance fraud. S.B. 1242 requires mandatory training agents and brokers must complete to receive or renew a license. This includes at least … Read more

‘Huge’ effort needed over next two years to lower Britain’s energy bills

A “huge” effort is needed by prime minister Liz Truss to accelerate the construction of power generation and push through market reforms over the next two years, according to one of the architects of the £150bn state intervention to lower British household energy bills. ScottishPower chief executive Keith Anderson told the Financial Times that the … Read more

Cost of Truss’s plans to ease energy bills must be shared, warns TUC chief

Prime minister Liz Truss must ensure the huge long-term costs of measures to address Britain’s energy crisis do not fall on the shoulders of low-paid workers, trade unions have warned. Frances O’Grady, head of the Trades Union Congress, the UK’s main movement for organised labour, told the Financial Times that Truss’s plans to cap domestic … Read more

Portugal to Lower Value-Added Tax Rate on Electricity Bills

Breadcrumb Trail Links PMN Business Portugal plans to lower the value-added tax rate to 6% from 13% for a certain amount of electricity use as the government tries to help consumers face rising costs for energy and other goods. Author of the article: Electricity transmission towers in Vila Franca de Xira, Portugal, on Wednesday, April … Read more

Liz Truss looks at UK energy price freeze to tackle spiralling bills

Liz Truss, who is expected to be named as Britain’s next prime minister on Monday, is considering freezing energy bills in response to the spiralling cost to households. Energy industry executives have been talking to members of Truss’s camp in recent weeks about ways to freeze energy bills for at least the most vulnerable households. … Read more

2.5 mn households get zero electricity bills: Punjab Power minister

The AAP government in Punjab has fulfilled its promise of providing 300 units of free electricity per month and as such 25 lakh domestic consumers have received zero bills, state Power Minister Harbhajan Singh said Saturday. In a statement, he claimed this was the first time a government is fulfilling its election … Read more

Energy groups call for Covid-style support for UK business as bills soar

Energy companies, including Shell, Centrica and Ovo, have called on the UK government to introduce Covid-style support schemes to help businesses cope with soaring gas and electricity bills. In a letter to chancellor Nadhim Zahawi on Friday, industry lobby group Energy UK, which represents about 100 suppliers and retailers, said it was concerned that the … Read more

California COVID, claim acceptance, fraud bills sent to governor

California lawmakers on Wednesday sent three more workers comp-related bills to the governor on Wednesday. S.B. 1127 would require employers to accept or deny liability within 75 days for certain injuries that are presumed compensable. Employers currently have 90 days to determine liability for most claims. The bill would also create a new penalty for … Read more