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Keyword: overregulate

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  • California insurance commissioner declares 'crisis' after major State Farm announcement

    03/23/2024 4:36:10 PM PDT · by Robwin · 27 replies
    FOXBusiness ^ | March 23, 2024 | Chris Pandolfo
    California's insurance commissioner Ricardo Lara spoke out after the state's largest home insurance provider announced that it would discontinue coverage for tens of thousands of policies this summer."This is a real crisis," Commissioner Lara told KABC in an interview Friday.The commissioner said he wants to investigate State Farm's finances, but warned that regulators can't go too far, or else they would risk pushing companies out of California entirely. "Insurance companies are not like utility companies," he told KABC. "By law, they don't have to be here, and when we try to overregulate, we'll see what happened after the Northridge earthquake,...
  • Obama allows your children to go swimming for one more summer

    05/22/2012 4:32:53 AM PDT · by IbJensen · 56 replies
    Red State ^ | 5/21/2012 | Staff
    Last week, news was made as today’s deadline approached for commercial and municipal swimming pool owners to install means, by which disabled swimmers could enter the nation’s swimming pools. It is the kind of regulation that would make a great punch line for the conservative version of the Daily Show, if conservatives were that funny. The Obama Administration has recently construed the Americans with Disabilities Act (ADA) and Standards for Accessible Design to apply to the act of swimming. Today, this regulation was supposed to go into effect, opening up the owners to $100,000 fines as well as trial lawyer...