New Jersey Gov. Chris Christie signed into law on May 7 A-2281/S-1727, which includes the so-called reverse rate evasion as a form of insurance fraud and provides for civil and criminal penalties. The measure targets residents who fraudulently obtain auto …
The Progressive Group of Insurance Companies announced it is actively appointing new independent agents for its auto product in Massachusetts. Progressive said Massachusetts became the 50th and final state in Progressive’s national auto product rollout, which went live in the …
New Jersey began allowing the state’s motor vehicle operators to display proof of auto insurance in either the physical format (a paper insurance card provided by their carrier) or the electronic format (evidence of insurance provided by their carrier and …
For the first time, Amtrak could face a $200 million payout to train crash victims – the limit set by Congress. But that may be too low to cover the costs of the eight lives lost and more than 200 …
Benjamin M. Lawsky announced his plan to leave the New York State Department of Financial Services (NYDFS) in late June after four years serving as the newly created agency’s first superintendent. Lawsky was nominated to the NYDFS’s top post by …
The Federal Emergency Management Agency on May 18 mailed out its first round of letters to the National Flood Insurance Program policyholders who filed Superstorm Sandy-related claims, asking whether they want their claims reviewed. FEMA is mailing its letters by …
The Connecticut Supreme Court upheld a lower court’s ruling on May 18 that Federal Insurance Company and Scottsdale Insurance Company are not required to defend or indemnify the insureds for the loss of computer tapes that exposed personal information of …
Local communities, states and the insurance industry are all grappling with the issue of finding workable solutions that provide public protection while allowing for innovation and growth in new sharing, or on-demand, economy ventures like transportation network companies, short-term home …
An insurance industry-backed crime watch group is warning about an organized auto sales scam involving the popular online marketplace, Craigslist. Working with law enforcement agencies in the Chicago area and across the Midwest, the National Insurance Crime Bureau (NICB) says …
A lower court was right to dismiss a man’s claim that his auto insurance company should pay his costs in a wrongful death case for a crash he caused because the insurer didn’t push him to have more coverage, the …
