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Like many state officials across the country, the National Association of Insurance Commissioners (NAIC) is expressing concern with President Trump’s executive order addressing state AI regulations. The NAIC points out the state insurance regulatory structure fosters consumer-focused regulation hat adapt to new technologies as they emerge. The NAIC contends the President’s executive order could be […]
State policymakers continue to express concern with President Trump’s Executive Order on Artificial Intelligence (AI). The president’s executive order attempts to preclude a “patchwork of 50 different regulatory regimes” through individual states’ efforts to regulate AI. State officials contend, however, that Congress’ failure to act thus far leaves holes in consumer protections. In the insurance […]
President Donald Trump’s Executive Order on artificial intelligence (AI) creates a collision course with current or expected regulatory approaches in Florida and other states. Just days after Florida Governor Ron DeSantis announced an “AI Bill of Rights” setting forth priorities for the state’s 2026 legislative session, President Trump issued an executive order seeking to eliminate […]
The Federal Insurance Office (FIO) of the U.S. Department of the Treasury (Treasury) has issued a Request for Information (RFI) seeking public input on climate-related financial risks and their impact on the insurance industry. The RFI requests written comments from interested parties on or before November 15, 2021. As background, the FIO points out that […]
Most parts of Florida have moved into “Phase One” of resuming daily activities as the country gradually, and hopefully, moves past the height of COVID-19 concerns. Phase One marks the expiration of Florida’s “Safer at Home” directive in which citizens were asked to largely remain in their homes and avoid non-essential activity. For Phase One, […]
The Florida Office of Insurance Regulation has issued Information Memorandum OIR-20-03M related to insurers’ business continuity plans and preparedness for the COVID-19 pandemic. The OIR issued the memorandum in response to Executive Order 20-51 issued by Governor Ron DeSantis establishing COVID-19 response protocols. Governor DeSantis also issued Executive Order 20-52 declaring a state of emergency […]
Floridians received some good news Saturday morning as Erika began to dissipate. Even so, storm paths and storm strengths can be difficult to predict, so many us will keep watching the Weather Channel this weekend. It’s hard to believe that ten years have passed since Florida saw the unprecedented series of hurricanes in 2004 and […]
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Governor Rick Scott has signed HB 7055 into law restoring the Governor’s ability to directing rulemaking at agencies under his control. The legislature passed the bill this year in response to the Florida Supreme Court’s decision in Whiley v. Scott. That case arose from the Governor’s first official act when he took office, which was […]
Governor Rick Scott issued Executive Order 11-01 as his first official act upon taking office earlier this year. The executive order directed all state agencies under the Governor’s control to suspend rulemaking and not to proceed with administrative rules until approved by a new Office of Fiscal Accountability and Regulatory Reform. The executive order also […]
