July 1, 2016
Transportation network companies like Uber and Lyft would be legally sanctioned to operate in Massachusetts, under a set of mostly reasonable regulation, under legislation approved this week in a 34-2 vote of the state Senate. The measure would place TNCs …
June 30, 2016
The California Earthquake Authority has had some great shopping luck this year. According to a report from Insurance Insider, the state-backed residual market pool was able to buy a total of $4.51 billion in traditional reinsurance coverage during the January …
April 14, 2016
Two years ago, the online health-insurance broker and human-resources portal Zenefits hired an insurance agent with a criminal record. Now the San Francisco Chronicle is attacking the firm for that decision. While Zenefits certainly has had some well-documented compliance problems, …
April 7, 2016
Mississippi and West Virginia have become the 30th and 31st states to pass legislation to create a statewide regulatory framework for ridesharing services offered by transportation network companies like Uber and Lyft. Mississippi is the most recent state to join …
March 23, 2016
South Dakota has become the 29th state to implement statewide rules governing the operation of transportation network companies like Uber and Lyft, with news that Gov. Dennis Daugaard has signed the ridesharing measure into law. Neither Uber nor Lyft currently …
March 10, 2016
After a six-month reprieve, the Hillsborough County Public Transportation Commission – the agency that regulates taxicabs and limousines in Florida’s fourth-largest county, which includes the City of Tampa – voted yesterday to resume its practice of issuing tickets to drivers …
March 9, 2016
Texans like to brag that “everything’s bigger in Texas,” but sometimes that’s not something to be proud of. According to data recently released by State Farm, Texas led the nation in hail and wind insurance claims in 2015: State Farm …
March 7, 2016
Insurance is about information. Outside of the technology industry itself, few sectors are better situated to seize the advantages of so-called “big data” than insurance. Such was the consensus of a panel presenting before the Property/Casualty Insurance Committee of the …
February 22, 2016
Oklahoma lawmakers are in the early stages of considering legislation to create a state-level “earthquake reinsurance program” that its author claims will be modeled on the California Earthquake Authority. S.B. 1497, sponsored by Sen. Clark Jolley, R-Edmond, was introduced early …
February 19, 2016
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. …