Monthly Archives: <span>March 2014</span>

West Virginia Governor Signs Gun Rights Bill

West Virginia Gov. Earl Ray Tomblin has signed a bill that lets people with concealed-carry permits bring guns to city-owned recreational facilities, including swimming pools and after-school centers. The law requires people to store guns securely out of view and …

Rideshare Questions Linger in California

While Insurance Commissioner Dave Jones has recommended that insurance should be required to cover the “app on, no match” period when rideshare drivers are between fares, that doesn’t seem to have ended the debate – or efforts to further regulate …

New Jersey Man Admits to Filing Fraudulent Sandy Insurance Claim

A Monmouth County, N.J., man has pleaded guilty to filing a fraudulent insurance claim related to Superstorm Sandy. Authorities say 74-year-old Farouk Soliman admitted he attempted to recoup the cost of hiring a demolition firm to raze a barn on …

R.I. Regulators: Insurers Must Pay ‘Fair Market Value’ for Total Loss Vehicles

Rhode Island’s Department of Business Regulation, Insurance Division, issued a bulletin Monday stating that pursuant to the state law, auto insurers must pay the “fair market value” for a vehicle that is declared a total loss. R.I. Gen. Laws § …

Massachusetts Report Examines Workplace Risks for State Employees

About 3,000 Massachusetts state employees experienced job-related injuries from 2010 to 2012 serious enough to require time off, while four workers lost their lives. That’s one of the findings of a special advisory committee charged with gauging workplace risks and …

Vertafore, DocuSign Partner to Offer E-Signature Services to Technology Users

Insurance technology provider Vertafore and digital transaction manager DocuSign have teamed up to offer e-signature services to Vertafore’s insurance clients. DocuSign’s Digital Transaction Management Platform (DTM) will be available to Vertafore’s personal and commercial line customers who use its Vertafore …

144-Year-Old Indiana Insurance Firm Rebrands as INGUARD

Beauchamp McSpadden | Morrison Galliher, an independent insurance firm headquartered in Wabash, Ind., is rebranding of the company under the name, INGUARD. All relationships will consolidate under the new name, logo and website, www.INGUARD.com, to create cohesiveness and clarity for …

Pennsylvania River Towns Facing Rising Flood Insurance Rates

Jeff King had put his house in Wilkes-Barre, Penn., up for sale for $90,000 last year, put off by the city’s struggles with crime and the desire for a better school district for his four children, when he got a …

Farmers Insurance Looks to Add 200-Plus Agency Owners in Texas

Property/casualty multiline insurer, Farmers Insurance, plans to add 244 agency owners throughout Texas in the coming year. Farmers announced it is offering special incentives to military veterans, reservists and bilingual candidates who can tap the state’s increasingly multicultural consumer markets. …

Oklahoma Commissioner to Seek NAIC Investment in Emergency Response Vehicles

Oklahoma Insurance Commissioner John D. Doak announced that he intends to ask the National Association of Insurance Commissioners (NAIC) to invest in Shared Emergency Response Vehicles (SERVEs) for education and disaster response. “These vehicles are a great way for the …