Video & Transcript : 'federally insured securities' :

Page 54 of 500
US
Transcript Highlights:
  • For instance, the Social Security Administration OIG estimated over $7 billion in supplemental security
  • Social Security fraud recently, we know that Social Security has been a remarkably effective program
  • trillions of dollars of checks consistently, securely, and on time.
  • I feel that the federal government has unlimited downside exposure.
  • So yeah, the international security data is a little bit different.
Summary: The meeting was chaired by Chairman Schweikert and involved a comprehensive discussion on how to utilize artificial intelligence (AI) for reducing waste, fraud, and improper payments within federal programs. Key witnesses, including Mr. Andrew Canarsa from the Council of the Inspectors General, provided insights on the potential of AI in enhancing government efficiency. The committee emphasized the importance of reliable data and thorough examination of AI application to avoid unintended consequences while addressing the estimated $162 billion in improper payments reported by the federal government. Concerns were raised regarding the recent firing of inspectors general and the impacts that could have on oversight and accountability processes.
AL

Alabama 2025 Regular Session

Alabama Senate Finance and Taxation Education Committee Apr 2nd, 2025

Finance and Taxation Education

Transcript Highlights:
  • You know... ...negotiation for the insurance.
  • It doesn't say insurance, which includes... doesn't say insurance, which includes... Yeah.
  • But... to draw down more federal funding.
  • So there were no social security numbers that were compromised. numbers.
  • So there were no social security numbers in there, but there was a liability.
Bills: HB315 , HB152 , HB205 , SB184 , SB209 , HB309 , SB280 , SB267
NH

New Hampshire 2026 Regular Session

Senate Commerce (03/10/2026)

Commerce

Transcript Highlights:
  • Um, generally speaking, federal labor relations law and federal courts have consistently upheld federal
  • ><c> law</c><00:06:31.120><c> and</c><00:06:31.600><c> federal</c> federal labor relations law and federal
  • federal labor relations law and federal courts<00:06:32.720><c> have</c><00:06:33.360><c> consistently
  • </c><00:06:34.000><c> upheld</c><00:06:34.960><c> federal</c> courts have consistently upheld federal
  • and maintain workers compensation secure and maintain workers compensation insurance<00:23:41.679><c
Committee: Senate Commerce
Keywords: 1191, senate, all
NM
Transcript Highlights:
  • Berg, is you know, can you speak on the security system?
  • And then, will the data be accessible to any federal entity, federal agency?
  • Berg respond to the the other security questions so Mr.
  • Really reflective of not including compensation and insurance.
  • And we said, okay, we will not spend federal money on those things.
KY

Kentucky 2026 Regular Session

House Legislative Session Day 6 (1-13-26)

Kentucky House Floor Meeting

Transcript Highlights:
  • . >> The House Standing Committee on Banking and Insurance will meet tomorrow at noon in Room 154.
  • House Bill 47, an act relating to federal immigration law enforcement. Representative Roberts.
  • </c><00:11:28.240><c> immigration</c> an act relating to federal immigration an act relating to federal
  • </c><00:18:25.760><c> the</c> tirelessly in cooperation to secure the tirelessly in cooperation to secure
  • To Banking and Insurance: House Bill 20, House Bill 21, House Bill 25, House Bill 32.
NM

New Mexico 2025 Regular Session

IC - Water and Natural Resources Jul 2nd, 2025

Water & Natural Resources Committee

Transcript Highlights:
  • or on federal lands.
  • And so, obviously, if there's a fire on federal land, the federal government, the Forest Service, will
  • in the standard insurance market The program is administered by New Mexico Property Insurance.
  • He can't get insurance.
  • The underwriter in UL is an insurance term because the insurance industry used to run it.
CA
Transcript Highlights:
  • So again, more federal red tape.
  • So under HR1 and various other federal actions, we know that the federal government is eliminating health
  • In many cases, they would require federal review and approval, and we don't think, given the federal
  • CPCA is working with DHS to try to secure private foundation support so we can get this federal match
  • and other federal programs.
Keywords: 988, house, all
MS

Mississippi 2026 Regular Session

Finance - Room 216, 3 February, 2026; 10:30 AM

Finance

Transcript Highlights:
  • </c> insurance.
  • Lowers the cost of insurance insurance.
  • </c><00:04:03.519><c> The</c> pool and receive that insurance. The pool and receive that insurance.
  • </c><00:04:12.080><c> pool</c> will be pulled out of the insurance pool will be pulled out of the insurance
  • </c> way to receive insurance from this pool. way to receive insurance from this pool.
Committee: Joint Finance
TX

Texas 89th Regular

Judiciary & Civil Jurisprudence Apr 23rd, 2025 at 10:04 am

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • I understand that not having insurance, nobody wants everyone to be properly insured more than we do,
  • , cash deposit, surety bond, or approved self-insurance.
  • The Texas Department of Insurance estimates that this drives up insurance costs by over a billion annually
  • insurance pool and reducing costs for all Texans.
  • It's an essential part of the security measure that is missing from our Texas judicial security laws.
Summary: The committee heard House Bill 4961, which would bar uninsured motorists from recovering non-economic damages after a collision. The author said the bill is intended to create incentives to maintain insurance and to address what he described as an unfair system for insured drivers. Texans for Lawsuit Reform and Texas Eagle Forum testified in support, while the Texas Trial Lawyers Association opposed it, warning the bill could also affect pedestrians, passengers, children, and others who did not choose whether a vehicle was insured. The bill author clarified that passengers would be included in the bill’s coverage. No vote was taken and the bill was left pending. House Bill 5570 would extend a legislative attorney CLE exemption to attorneys appointed by the governor and confirmed by the Senate to boards or commissions. The author said the measure is meant to ease time burdens and encourage service, and a witness supported it as a modest incentive for public service. A committee member noted a discrepancy in the number of affected attorneys, and the author agreed to verify the correct figure. The bill was left pending. The committee also heard House Bill 2969, which would restrict the State Bar from adopting rules or penalties that unreasonably burden attorneys’ religious exercise or free speech based on sincerely held beliefs. The author and several witnesses from Texas Values, Alliance Defending Freedom, and Cecilia Wood argued the bill protects lawyers of faith from an ABA model rule they described as a speech code. No one testified against the bill, and it was left pending. House Bill 4260, which would prohibit county judges and county commissioners from practicing law in courts over which they have jurisdiction, drew opposition from the County Judges and Commissioners Association, which argued existing ethics rules already address conflicts and that the bill would burden rural officials. The author said the bill was prompted by concerns about judges using their office to pressure others. The bill was left pending. House Bill 5134 would limit Rule 202 pre-suit depositions to people who have suffered or reasonably expect actual damages and would allow attorney’s fees against abusive petitioners. The author said the bill is aimed at preventing harassment and fishing expeditions, especially in family-law disputes. Questions focused on how the standard would work and how it differs from current law; the author said the main change is fee-shifting and a clearer legislative directive. The bill was left pending. House Bill 3095, a committee substitute version of a similar uninsured-motorist bill, would bar uninsured motorists from recovering non-economic damages and limit economic recovery, with several exceptions. Trial lawyers argued it was unconstitutional because it capped economic damages and could unfairly affect innocent drivers, pedestrians, and older people who no longer drive. The author acknowledged constitutional concerns and said the bill would need further work; the committee withdrew the substitute and left the bill pending. Finally, House Bill 4388 would require all judges, including county judges who perform administrative duties, to remain subject to the Code of Judicial Conduct. Supporters said some elected judges avoid accountability by relinquishing judicial functions, while opponents argued the bill is too rigid and unnecessary because existing remedies already exist. House Bill 3964 would limit public nuisance claims to their historical role and bar such claims against lawful conduct, conduct already covered by other remedies, and products. The author and supporters said the bill is meant to prevent courts from using public nuisance to make policy, while opponents argued it would eliminate useful remedies and could affect local actions against environmental or product-related harms. The author said the bill would not affect statutory nuisance claims, private nuisance claims, or other causes of action, and would be amended to clarify some provisions. The bill was left pending.
NH

New Hampshire 2025 Regular Session

Senate Session (01/30/2025)

New Hampshire Senate Floor Meeting

Transcript Highlights:
  • </c> Housing Services with the federal Housing Services with the federal government<00:53:47.280><c>
  • They'll say a word like “Federal limit supply only,” not valid for federal ID.
  • </c> this bill ensures that our federal this bill ensures that our federal authorities<01:59:55.119><
  • </c><02:00:11.880><c> law</c> efforts to hamper federal law efforts to hamper federal law enforcement
  • </c> closely cooperating with Federal closely cooperating with Federal authorities<02:12:40.000><c> I
Keywords: 1191, senate, all
KY
Transcript Highlights:
  • </c> able to secure from outside sourcing. able to secure from outside sourcing.
  • </c> private side of this that our insurance private side of this that our insurance companies<00:35:
  • </c><00:35:50.640><c> funding</c> sustainability without federal funding sustainability without federal
  • </c> um ask for a waiver from the federal um ask for a waiver from the federal government<00:52:54.800
  • </c> within our federal dietary guidelines. within our federal dietary guidelines.
Summary: The Make America Healthy Kentucky Task Force met with a quorum, approved the minutes, and then heard a presentation on the state’s “food is medicine” work from Kentucky Hospital Association and Kentucky Department of Agriculture leaders, including Jim Muser, Holly Harris, and Commissioner Jonathan Shell. The chair framed the discussion around personal wellness, injury prevention, and the broader goal of improving health through better sleep, nutrition, and activity, then asked the presenters to describe current initiatives and any policy changes needed. The witnesses described a partnership linking hospitals and Kentucky farmers to improve health outcomes while supporting rural agriculture. They said the effort has moved beyond the pilot stage and now includes more than 40 hospitals statewide, with programs such as healthier hospital cafeterias, grab-and-go options, farmers markets at hospital sites, subsidized CSA boxes for employees, and medically tailored meals or groceries for patients with chronic conditions. ARH was highlighted as a leading model, with local food procurement, employee wellness efforts, and measurable outcome pilots, including a Russell County Hospital project focused on diabetes, heart disease, and obesity. They also emphasized barriers to scaling the model, including fragmented short-term funding, lack of reimbursement for food-as-medicine programs, and burdensome procurement and testing requirements that can make it difficult for small farmers to participate. The presenters said hospitals are using their own funds or temporary grants to sustain programs and argued that policy changes are needed to simplify sourcing, expand reimbursement pathways, and support clinical measurement of outcomes. No votes or formal actions beyond approving the minutes were taken during the portion provided.
CA
Transcript Highlights:
  • It maintains the 50% federal cost share for federal fiscal year 2026.
  • So, effective in federal fiscal year 2030, H.R. 1 provides that HHS may waive the reduction in federal
  • Re-implementing federal flexibilities to the extent possible to keep families insured, like removing
  • families to access the full federal child tax credit and adds a new parental Social Security number
  • cuts and federal uncertainty.
Summary: The Assembly Budget Subcommittee on Accountability and Oversight held its fifth hearing of the year to examine the newly enacted federal H.R. 1 and its effects on California. Members and the chair described the law as a major threat to state health, food, education, and climate programs, and emphasized that California would not be able to fully backfill the federal cuts. Several members also highlighted the bill’s tax provisions, including temporary deductions for tips, overtime, seniors, and auto loan interest, while warning that the largest benefits flow to higher-income taxpayers and that major cuts to Medi-Cal, CalFresh, and clean-energy incentives are delayed or phased in over time. The Legislative Analyst’s Office and the Department of Finance presented detailed overviews of the bill’s likely impacts and implementation timelines. They identified the main affected areas as health care coverage and financing, food assistance, higher education, personal income taxes, and clean-energy/electric-vehicle credits. They explained that H.R. 1 limits provider taxes used to finance Medi-Cal, adds work and redetermination requirements, restricts CalFresh eligibility and increases state costs, changes student loan and Pell Grant rules, extends and modifies federal tax provisions, and phases out many clean-energy credits. Finance also noted major rescissions of Inflation Reduction Act funds, new border and immigration enforcement spending, and the possibility of PAYGO sequestration if Congress does not act to offset the deficit increase. During member questions, the committee focused on likely enrollment losses, administrative burdens, and fiscal exposure for the state and counties. Witnesses said many details still depend on federal guidance, but they estimated significant impacts on Medi-Cal, CalFresh, and graduate/professional student borrowing, and noted that California’s high CalFresh error rate could increase state costs. UC testified that the elimination of Graduate PLUS loans would affect thousands of professional students, especially in health, law, and other high-cost programs. Members asked for follow-up data on county, health, and tax impacts, and staff agreed to provide additional tables and estimates as implementation guidance becomes clearer. Public commenters from counties, early childhood advocates, health coalitions, disability rights groups, immigrant-rights organizations, and other stakeholders urged the Legislature to mitigate the law’s effects. They warned of higher county costs, reduced access to health care and food assistance, increased administrative burdens, and harm to children, immigrants, people with disabilities, and low-income families. Several urged new state revenue solutions and stronger protections for Medi-Cal, CalFresh, child care, and home- and community-based services. No votes were taken; the hearing was informational and ended with a commitment to continue monitoring federal guidance and to work on state responses in the budget process.
LA
Transcript Highlights:
  • And we have an issue with car insurance rates in Louisiana.
  • I don't know about the insurance connection there.
  • So I don't know that it helps that much on the insurance side.
  • Insurance coverage of $750,000.
  • Because they don’t have the proper insurances, your insurance is going to have to cover the damage.”
Summary: The House Transportation Committee met on March 16 and first disposed of several local bills without controversy. House Bills 590, 679, and 873 were voluntarily deferred. HB 503, allowing certain utility terrain vehicles and golf carts in Golden Meadow, was amended and reported. HB 720, clarifying tacit dedication and public access to waterways and related access points, was reported favorably. HB 856, expanding indefinite delivery/indefinite quantity contracting authority for DOTD and the Office of Louisiana Highway Construction, was amended and reported. HB 487, increasing penalties for drivers who run red lights by using shoulders or turn lanes to pass stopped traffic, was amended and reported. HB 846, prohibiting obscured or covered license plates, was reported favorably. HB 733 and HB 875, both dealing with OMV reinstatement fees and lapses of insurance, were reported with amendments after discussion of audit findings and fee timing. HB 707, moving liquefied petroleum gas commission functions to Agriculture, was amended and reported. HB 693, creating legislator district signs, was amended and then voluntarily deferred. HB 777, requiring a driver's license renewal knowledge exam, was amended and voluntarily deferred for further work with the department. HB 746, concerning oversized trucking permits issued by local governments, was introduced but not advanced, with the author signaling a desire to work on the issue further rather than force a vote. Several bills drew extended debate over safety, enforcement, and government overreach. HB 309, which would have penalized pedestrians for looking at cell phones while crossing crosswalks, was amended from a criminal offense to a $25 civil fine but then voluntarily deferred after members raised concerns about enforceability, tourism, free will, and whether the bill targeted the right party. HB 695, requiring permits and QR-code documentation for consensual non-commercial towing of multiple connected vehicles, was heavily questioned over how it would work in practice, whether it applied to single or multiple vehicles, and how out-of-state travelers would know about the requirement; the committee asked the author to work with OMV and State Police and voluntarily returned the bill to the calendar. HB 868, removing the farm exemption from trailer safety-chain and attachment requirements after a fatal accident involving a trailer separation, was amended and reported despite concerns from members and the Agriculture Commissioner about impacts on older farm equipment and the need to preserve flexibility for agricultural operations. The committee also heard testimony from law enforcement, the auditor’s office, the Department of Transportation and Development, the Department of Agriculture and Forestry, and industry groups. Chiefs of police supported the red-light and license-plate bills as common-sense public safety measures, while the Legislative Auditor explained that the OMV fee bills were intended to align Louisiana’s reinstatement fees and grace periods more closely with other states and with audit recommendations. DOTD and the secretary supported the procurement bill as a tool to speed construction and maintenance work. Agriculture Commissioner Mike Strain supported the propane commission bill and urged caution on the farm trailer safety bill so that older and specialized equipment would not be unintentionally burdened.
HI
Transcript Highlights:
  • Maybe some cooperative compliance or MOU where they can share the insurers so that there can be some
  • , our small producers, those that couldn't afford insurance, or those insurance programs that are not
  • , And what's the option without insurance?
  • Brian, do you know of any other states that have insurance programs for farmers run by the state?
  • State Farm insurance. - Yeah, I would mimic what Brian said that it's a great need. Yeah.
Keywords: 912, senate, all
Summary: The committee first considered three gubernatorial nominations. GM510, Faith Tui Pulotu to the Molokai Irrigation System Water Users Advisory Board, received strong support from the Department of Agriculture and Biosecurity, the Department of Hawaiian Home Lands, and the Hawaii Farm Bureau, though the nominee was not present online. GM614, Mark Gordon to the Environmental Advisory Council, also drew unanimous support from state and private testifiers; Gordon described his environmental health and safety background and said he could commit the time needed. GM696, James Falconer to the Advisory Board on Pesticides, was supported by the Department of Agriculture and Biosecurity and the Hawaii Farm Bureau; Falconer discussed his long experience in coffee and sugar, including work responding to coffee leaf rust and the need for timely pesticide tools. All three nominations were recommended for advise and consent and were adopted by four-member votes. The committee then heard several agriculture bills. HB 1603 HD1 would allow the Department of Agriculture and Biosecurity to extend agricultural park leases without the current county-population restriction; supporters called it an equity measure and asked that it apply to all ag park leases, while the department gave standard testimony. HB 1707 HD1 would create a local agricultural transportation cost reimbursement program; supporters said transportation is a major production cost and suggested amendments to define “necessary supplies” and explicitly include honey. HB 2155 HD1 would establish an agricultural statistics program, with supporters emphasizing the need for better data to guide planning. HB 2594 HD1 would direct a study on insurance coverage for small producers, which supporters linked to recent storm damage and the lack of tailored insurance products. HB 2595 HD1 would create a regional agricultural feasibility and food systems production working group; supporters said it should consider markets as well as crop suitability and regional conditions. Members asked questions about lease competition, transportation reimbursement amounts and anti-double-dipping safeguards, the usefulness of agricultural data, and whether state or federal insurance models could be used as templates. Testifiers generally said the bills would help reduce costs, improve planning, and support small and neighbor-island producers, while noting that implementation details and funding levels would need further work. The committee then voted to pass all five bills with amendments, generally including a deferred effective date of July 1, 2050, and in the case of HB 1707, the committee adopted the suggested amendments to define necessary supplies and add honey to the covered commodities.
UT

Utah 2025 Regular Session

Business and Labor Interim Committee - November 19, 2025

Business and Labor Interim Committee

Transcript Highlights:
  • Most managed care plans, federal programs, and insurance networks require licensed providers for reimbursement
  • It increases the minimum amount of liability insurance a title insurer must possess.
  • in a federally insured depository institution and updates the public adjuster standards of conduct.
  • from the statutory deposit that the insurance company's already placed with the insurance department
  • from the statutory deposit that the insurance company's already placed with the insurance department
Keywords: 985, all
FL

Florida 2025 Regular Session

Judiciary Jan 14th, 2025

Transcript Highlights:
  • owners who take certain preventative security measures.
  • House Bill 837 also made significant reforms to bad faith actions against insurers.
  • insured parties and claims to act in good faith.
  • the legal fees of an insured if they prevailed in an action against the insurer.
  • First, there's a security remedy.
Keywords: 999, senate, all
NM
Transcript Highlights:
  • Women's commemorative days from the federal calendar, the shuttering of the federally operated Women's
  • Security projects, we've had from the capital outlay bill this previous session, HB 450.
  • There isn't a designated amount indicating how much of that is for security.
  • I don't even know where to start with security.
  • But the schools for security? Mr. Chair, Madam, yes, you are correct.
CA

California 2025-2026 Regular Session

Senate Appropriations Committee May 14th, 2026

Transcript Highlights:
  • SB 1209, insurance examination of insurers.
  • SB 1301, residential property insurance non-renewals.
  • SB 1301 residential property insurance, non-renewals.
  • SB 876, Fire and Residential Property Insurance.
  • SB 876, Fire and Residential Property Insurance.
Summary: The Senate Appropriations Committee met for a suspense-file hearing and voted only on measures already heard previously, with no public testimony. The chair explained that bills were taken up quickly in author order, with amended bills to be followed by addendum analyses. The committee considered a very large slate of Senate bills and two Assembly measures covering wildfire resilience, housing, insurance, energy, transportation, public safety, elections, health care, labor, environmental regulation, and various administrative and tax issues. Most measures were approved, many on unanimous or near-unanimous votes, while a substantial number passed on 5-2 or 5-1 party-line votes with Republicans generally voting no. Several bills were amended before passage, including changes to funding contingencies, timelines, reporting requirements, definitions, and removal of certain enforcement or private-right-of-action provisions. A few members noted concerns on specific bills, including Senator Richardson on SB 1203 (private security training), though he said he would vote for it at this stage. Among the notable actions, the committee advanced bills on wildfire smoke, wildfire recovery, mobile home parks, insurance nonrenewals, AI transparency, data center energy issues, Medi-Cal and health coverage, criminal justice, election administration, housing, and labor/workforce standards. The committee also approved AB 46 and AB 736. No bills were held for testimony because the hearing was vote-only, and the meeting adjourned after all items on the agenda were disposed of.
AZ
Transcript Highlights:
  • Currently, state employees only pay about 7% of their health insurance costs.
  • Employees only pay about 7% of their health insurance costs.
  • we're doing. employees only pay about 7% of their health insurance costs.
  • doing. ...million-year deficits on health insurance, and that's what we do.
  • Maybe they don't like the federal law, but it's federal law, and we don't care; you have to follow it
Keywords: 1182, all
NH

New Hampshire 2026 Regular Session

Senate Health and Human Services (01/14/2026)

Health and Human Services

Transcript Highlights:
  • Ninety-one percent of insured adults support requiring insurance insurers to provide accurate, up-to-date
  • . insurers. insurers.
  • adults support requiring of insured adults support requiring insurance<00:35:51.359><c> insurers</c>
  • </c> insurance department to step up. insurance department to step up.
  • </c> federal government's because the federal federal government's because the federal government<00:
Keywords: 1191, senate, all