In regulatory news:

The U.S. Senate passed legislation on Tuesday that would revamp federal chemical safety protections for the first time in decades; President Obama is expected to sign the measure into law. The bill will update the Toxic Substances Control Act amid complaints that its 40-year-old provisions limit the U.S. Environmental Protection Agency from effectively regulating chemicals, both industrial and household. The EPA, under the bill, would have to consider the impact of a chemical on human health and the environment, as well as the chemical’s benefits and the economic impact of regulation.

Read more from Reuters via Insurance Journal here.

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