Lieutenant Governor and Department of Insurance Director Mary Taylor has warned insurance companies operating in Ohio against the use of price optimization that can result in unfair discrimination. On Jan. 29 Taylor issued Bulletin 2015-01, which says the use of …
Property/casualty insurance media company, Wells Media Group, announced four C-suite and managerial staff promotions. Julie Tinney now serves as chief marketing officer, Josh Carlson has been promoted to chief technology officer/chief innovation officer, Andrew Simpson became chief content officer, and …
China’s Anbang Insurance Group announced this month that its previously-announced agreement to buy New York’s Waldorf Astoria Hotel for $1.95 billion from Hilton Worldwide Holdings Inc. has been approved by U.S. regulators. The Beijing-based Anbang said on Feb. 2 that …
New York State Department of Financial Services (DFS) released a report Feb. 9 on cybersecurity in the New York insurance industry and announced a series of measures that DFS will take to help strengthen cyber hacking defenses at insurers. DFS …
Since the first winter storm hit Boston at the end of January, the city has removed over 10,000 truckloads of snow after a record six feet of snowfall during a 30-day period – breaking the previous record of 58.5 inches, …
The American Civil Liberties Union of Rhode Island has settled a lawsuit with the state Division of Motor Vehicles over how it’s putting in place a database designed to identify uninsured drivers. The ACLU says the database established by a …
Connecticut Gov. Dannel P. Malloy, a vocal proponent of state-based insurance regulation, sent a letter to U.S. Treasury Secretary Jack Lew and U.S. Trade Representative Michael Froman, urging them not to preempt states’ regulations in reducing collateral requirements on foreign …
Connecticut lawmakers are considering whether to make it illegal for pets to ride in a vehicle while sitting on the driver’s lap. Under a bill before the Connecticut General Assembly’s Transportation Committee, people found driving with a pet on their …
James T. Harrington announced his retirement as executive director of the Massachusetts Insurance Federation (MIF). As executive director, a position he has held since 2004, Harrington has been responsible for advocating for his members on proposed legislative, regulatory and executive …
New York Metropolitan Transportation Authority’s (MTA) captive insurer and wholly owned insurance subsidiary First Mutual Transportation Assurance Company (FMTAC) will lead coverage for liability for third party claims and property losses stemming from the fatal MTA Metro-North Railroad train-SUV crash …
