Monthly Archives: <span>February 2016</span>

Richardson Named Nevada Insurance Commissioner

Barbara Richardson has been appointed as commissioner of the Nevada Division of Insurance. Richardson will join the Division in March. The appointment comes after a long nationwide recruitment to fill the vacancy after the resignation of Scott Kipper in July …

3 Examples of How Telematics Can Aid Insurance Claims Handling

While information derived from usage based insurance telematics hasn’t been fully utilized in the claims process, the benefits it can provide – consistency, efficiency and accuracy – offer a way to reduce claims costs. David Lukens, LexisNexis director, says telematics …

New Mexico Senate OKs Uber, Lyft Operations

A bill aimed at welcoming and regulating ridesharing companies like Uber and Lyft in New Mexico has been approved by state Senate. The Senate passed the legislation Thursday morning. The legal status of the companies has been in limbo in …

Record Number of Flood Policies Bought by Californians, FEMA Says

Federal emergency officials reported Tuesday a surge in the number of California residents who have purchased flood insurance, most likely in response to a rainy El Niño winter. Officials with the Federal Emergency Management Agency said insurers have written more …

Why Robots Replacing Humans at Work Is More Science Fiction Than Fact

Ever since robots emerged from the pages of science-fiction novels into the real world, humans have feared being usurped in the workplace. That worry may be more fictional than scientific. A recent study by the VDMA Robotics and Automation Association …

New Mexico Lawmakers Beat Clock to Pass Ridesharing

The New Mexico Legislature closed out its 2016 session Feb. 18, but not before passing legislation to legalize and regulate ridesharing services like Uber and Lyft. Just hours after the state Senate voted 33-5 to approve H.B. 168 and S.B. …

New York Senator Urges USDA to Expand Barley Crop Insurance

U.S. Senator Kirsten Gillibrand (D–N.Y.) wrote to the U.S. Department of Agriculture (USDA) urging the federal agency to expand crop insurance for barley in all counties in New York where production is possible. Currently, 28 out of 62 counties in …

Connecticut Agency Donates $12K to Winter Energy Assistance Program

GoodWorks Insurance, an independent agency based in Glastonbury, Connecticut, donated more than $12,000 to help local families stay warm this winter. The donation was made to Operation Fuel, a nonprofit program that provides emergency energy assistance through its statewide network …

UK’s Aviva Beefs Up Fraud Screening in Commercial Motor Business

Aviva detected fraud in almost 2,200 commercial motor policies in 2015, using various anti-fraud tools, the London-based insurer revealed. But the company is taking its fight against fraud to a new level — by screening all commercial motor policies at …

Philadelphia Insurance Companies Promotes 2 to Senior VP

Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurance company for niche markets, announced the promotion of two vice presidents to senior vice president. Sam Garro is now senior vice president of Compliance and Patrick Walton assumes the position …