Right Street

Massachusetts Ridesharing Bill Moves into Final Stretch

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 …

CEA Plans to Fix What Isn’t Broken

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 …

People Deserve Second Chances, even in the Insurance Industry

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, …

Mississippi and West Virginia Governors Both Sign Ridesharing Laws

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 …

South Dakota Opens the Door to Ridesharing

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 …

With Florida Ridesharing Reform Going Nowhere, Hillsborough Is Back to Ticketing Drivers

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 …

Texas Hail and Wind Claims: We’re No. 1!

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 …

State Lawmakers Seeking Ways to Grapple with ‘Big Data’ in Insurance

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 …

Oklahoma Ponders ‘California Model’ for Earthquake Insurance

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 …

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. …

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