February 13, 2015
Minnesota lawmakers could decide whether to regulate the ride-hailing industry this year. House and Senate legislators say they plan to introduce bills soon to toughen insurance regulations for companies like Uber and Lyft. That would add Minnesota to the growing …
February 13, 2015
Pennsylvania’s regulators say they’re satisfied with the plan by the ridesharing service Lyft to comply with conditions for a two-year license for experimental service to operate everywhere in the state except Philadelphia. The Pennsylvania Public Utility Commission said Thursday that …
February 13, 2015
The Minnesota Supreme Court has upheld a state law making it illegal for suspected drunken drivers to refuse a breath test. The high court rejected a man’s claim that the law violated due process by preventing him from refusing an …
February 13, 2015
Coverys, a Boston-based provider of medical professional liability insurance and related services, announced the creation of Coverys Specialty Insurance Company, a new excess and surplus lines underwriting company. The New Jersey-domiciled Coverys Specialty’s offering will round out Coverys’ suite of …
February 13, 2015
Palomar Specialty Insurance Co., based in La Jolla, Calif., has partnered with Fort Worth-based Wellington Risk Insurance Agency Inc. (Wellington), to offer wind-exposed residential property insurance in Tier II counties in Texas. This represents Palomar Specialty’s first expansion product category …
February 13, 2015
A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of B++ (Good) and the …
February 13, 2015
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 in the last 30 days — breaking the previous record of 58.5 …
February 13, 2015
Specialty Insurance Group (SIG) and Reel Media, LLC have formed a strategic alliance within the entertainment industry to service the specialty entertainment insurance market segments. The agreement combines the underwriting capabilities of both SIG and Reel Media with the established …
February 13, 2015
Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015, after 22 years of distinguished service. For the …
February 13, 2015
A measure aimed at curbing the dangerous trend of texting while driving easily passed out of an Oklahoma House committee, the bill’s author reports. House Bill 1965, by state Rep. Terry O’Donnell, strengthens language aimed at preventing texting while driving, …