regulation News

As Nation Reopens, a Historic Referendum on Risk Begins

WASHINGTON — We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go outside? Can we go back to work? Can we go to a restaurant or bar? Can we go to the …

Companies See $1 Trillion in Climate Risk, but More in Potential Reward

An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years. Some $2.1 trillion worth of potential good news is embedded in those statements, according …

U.S. Airlines Say Pilot Fatigue Rule Would Cost Jobs

Big U.S. airlines told the Obama administration Thursday complying with a regulation in the works to combat pilot fatigue would cost $2 billion a year and over time cut 27,000 jobs directly tied to the industry. The carriers’ top trade …

Insurers Oppose Change in South Carolina Workers’ Compensation Medical Fees

A new South Carolina regulation for calculating medical fees in worker injury cases has set off opposition from insurers and business groups that claim it favors certain medical providers over others and will increase costs for employers. The South Carolina …

Are Bounce Houses Too Difficult a Risk?

In the last two months alone the media has reported at least 10 bounce house or inflatable amusement rides nationwide that were toppled by wind or collapsed under weight of too many kids. The U.S. Consumer Products Safety Commission continues …

Arizona Restaurants Self-Police Food Safety

A Maricopa County pilot program is giving some restaurants more responsibility for their own food safety and cutting back on the number of full inspections of those eateries. County officials say the program is getting into full swing and is …

New Crib Safety Standards in Effect

Since 2007, the U.S. Consumer Product Safety Commission (CPSC) has recalled more than 11 million dangerous cribs. These recalls follow 3,584 reports of crib incidents, which resulted in 1,703 injuries and 153 deaths. In response, U.S. Senators and U.S. Consumer …