COVID-19 presumptions lose steam among lawmakers

Despite the strong push for COVID-19 workers compensation presumptions in the early stages of the pandemic, fewer than half of the 18 states that enacted legislation or saw executive orders still have the provisions in place, according to a report released Wednesday by the National Council on Compensation Insurance. Seven states still had a COVID-19 or … Read more

UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers

Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance ministry has proposed scores of changes to rules governing capital markets, company listings and insurance to exploit independence from EU regulation and create an … Read more

Lawmakers to unveil bill barring US data flows to high-risk countries

(Reuters) — A bipartisan group of U.S. senators plans to introduce legislation on Thursday that would give the Biden administration the power to block exports of U.S. personal data to countries like China that they say pose national security risks.  The bill, cosponsored by Finance Committee chair Ron Wyden, a Democrat, and Marco Rubio, the top … Read more

US lawmakers urge EPA to consider the potential benefits of crypto mining By Cointelegraph

US lawmakers urge EPA to consider the potential benefits of crypto mining A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining. In a Thursday letter, many U.S. lawmakers including pro-Bitcoin Senator Cynthia Lummis and Representative … Read more

UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation

Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules to boost London’s competitiveness, or stray from global standards, a UK parliamentary committee report said on Thursday. Britain’s departure from the European Union largely cut off its huge financial sector from the bloc and the … Read more

Delaware Lawmakers Fail to Override Governor’s Veto of Marijuana Legalization

New You can now listen to Insurance Journal articles! A bid to override Democratic Gov. John Carney’s veto of a bill legalizing possession of up to one ounce of marijuana by adults for recreational use failed Tuesday in the state House, likely ending efforts this year to establish a state-run marijuana industry in Delaware. Members … Read more

Angry UK lawmakers trigger confidence vote in PM Johnson

Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — Prime Minister Boris Johnson faced a confidence vote on Monday after a growing number of lawmakers in his Conservative Party questioned the British leader’s authority over what has been dubbed the “partygate” scandal. Johnson, who scored a sweeping election victory in 2019, … Read more

India, Pak, Nepal, B’desh lawmakers call for collab to combat air pollution

Ahead of Stockholm+50 and amid growing evidence about the impact of poor air quality on human health, MPs, health professionals and think tanks members from India, Pakistan, Nepal, and Bangladesh on Saturday proposed a regional working group to drive solutions to curb air pollution and lead with innovative climate action in the … Read more

As U.S. states restrict abortions, pro-choice lawmakers look to Mexico By Reuters

4/4 © Reuters. Texas State Rep. Erin Zwiener, who is pro-abortion rights, speaks during a news conference after a tour through Mexico to learn about Mexican strategies on pro-abortion from activists, to help women in places where abortion is banned, at Quinta Real hotel 2/4 MONTERREY, Mexico (Reuters) – Pro-choice U.S. lawmakers visiting Mexico said … Read more

Florida Lawmakers Set to Adopt Strict Statewide Condo Inspection, Reporting Bill

After addressing Florida’s insurance crisis, lawmakers on Tuesday quickly approved another piece of legislation they did not get to during the regular session in March – a revamp of condominium laws that would require more frequent inspections, more reserved funding for repairs, and more reporting of structural conditions. “The insurance industry should love this because … Read more