Wisconsin lawmakers have introduced a bill that would impose statewide regulations on online ride-sharing companies such as Uber and Lyft. The measure would require companies to apply for a $5,000 state license and carry $1 million in commercial insurance for …
The National Association of Insurance Commissioners on Tuesday adopted a white paper on insurance coverage for ridesharing that offers several suggestions for how state regulators should deal with insurance issues. Ridesharing services offered by transportation network companies like Uber, Sidecar …
A new report suggests the federal flood insurance program may want to target mitigation grants to households with high premiums, urge homeowners to select higher deductibles, expand the educational role of insurance agents, and provide mitigation loans to help make …
Maryland misallocated $28.4 million in federal money for its flawed health care exchange and should pay the money back, according to a federal audit released on March 27. The audit marked the first time the inspector general of the Department …
Crystal & Co., a strategic risk and insurance advisor, has partnered with AIG Private Client Group, a division of AIG, to create a new insurance product for private clients with conceptual art collections. Conceptual art is focused more on the …
Regular attendees of the National Association of Insurance Commissioners’ thrice-yearly meetings are known to joke that NAIC actually stands for “No Action Is Contemplated.” At the group’s latest meeting in Phoenix, the Sharing Economy Working Group rendered the basis of …
Observers say a long legal battle over accusations that a prominent Silicon Valley venture capital firm demeaned women and held them to a different standard than their male colleagues will embolden women in the industry and lead firms to examine …
NFP has acquired Weber’s Insurance Service Inc. and Weber’s Assurance Group LLC in Arizona. The transaction was effective Feb. 18, but terms of the deal were not released. Weber’s Insurance and Weber’s Assurance, known collectively as WIS, is based in …
The California Applicants’ Attorneys Association on Tuesday called for action from Gov. Jerry Brown on reported delays and denials in the treatment of injured workers. CAAA’s call to action is in response to a series of articles by National Public …
Speed cameras have produced a surge in tickets and generated nearly $17 million in revenue for New York City. The Daily News reports that last year more than 445,000 speed-camera tickets were issued. That’s compared to nearly 118,000 issued manually …
