The UK government’s Devolution White Paper could significantly change the taxi and private hire vehicle sector. These proposals aim to empower local authorities and Mayoral Strategic Authorities to regulate the industry more effectively, tackling issues like cross-border working and inconsistent standards. Why Change is Needed Taxi and private hire vehicles play an essential role in … Read more
In Case C-70/23 Mesto Rimavská Sobota the CJEU held on 21 November on an important trigger for many an EU product- and import /export related environmental regulation. In the case at issue the context is the EU Timber Regulation 995/2010 also known as ‘EUTR’. The EUTR in essence aims to prevent illegally harvested timber from … Read more
California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in Ratemaking Regulation, which enables reinsurance as a ratemaking factor and requires insurers to increase coverage in high-risk areas. The step, which the … Read more
By Anthony May In Part I of this series, I referenced the following quote from Elon Musk: [Artificial Intelligence, or AI] doesn’t have to be evil to destroy humanity – if AI has a goal and humanity just happens to come in the way, it will destroy humanity as a matter of course without even thinking … Read more
California Insurance Commissioner Ricardo Lara on Friday announced what he’s calling “first of its kind” catastrophe modeling and ratemaking regulation that will allow carriers to use the models as a factor in setting and getting rates. The regulation is a part of his so-called Sustainable Insurance Strategy to increase coverage in wildfire-distressed areas of the … Read more
