March 12, 2014
A Kentucky House panel says when it comes to letting your vehicle insurance lapse, one strike and you’re out. Currently, Kentucky law allows a driver’s insurance to lapse three times before the vehicle registration is revoked. But under a bill …
March 12, 2014
Tennessee regulators are warning automobile policyholders that participating in transportation network companies could lead to gaps in their coverage and leave them exposed to monetary damages from an accident. Transportation network companies have become increasingly popular across the country, especially …
February 5, 2014
Towers Watson, a global professional services company, has launched DriveAbility 2.0 Score, a new analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific factors in the risk model and a non-GPS …
January 10, 2014
The tragedy of a young girl who was killed on New Year’s Eve by a motorist on contract with a cellphone app-based ridesharing service has at least one insurance group speaking up even louder to drive home a point they’ve …
August 20, 2013
The Massachusetts Division of Insurance announced that Privilege Underwriters Reciprocal Exchange (PURE) and Esurance automobile insurance are now available for Massachusetts consumers. The Division of Insurance said that since Gov. Deval Patrick introduced managed competition in the auto insurance market …
July 24, 2013
DriveFactor has partnered with Admiral Group plc to expand usage-based insurance (UBI) offerings throughout the U.K. Through this partnership, DriveFactor will power a version of Admiral’s Bell Safe Driver policy, which offers discounted auto insurance to U.K.-based drivers who apply. …
July 22, 2013
Rhode Island Gov. Lincoln Chafee recently signed into law a bill (HB 5263/SB 465) that would prevent insurers from declaring a vehicle a total loss if the vehicle can be restored to its pre-accident condition at a cost less than …
July 12, 2013
Rhode Island officials are planning a crackdown on drivers whose vehicles aren’t insured. Lawmakers have sent a bill to Gov. Lincoln Chafee that would create a system of warnings and fines for uninsured motorists. The Providence Journal reports the proposal …
July 8, 2013
The Rhode Island Legislature passed legislation before adjournment on July 3 that could impact the pockets of Rhode Islanders when they have to pay for auto body repairs, according to the Property Casualty Insurers Association of America (PCI), an industry …
June 13, 2013
The Massachusetts Division of Insurance said it will hold a public hearing on June 28 regarding the proposed new regulation 211 CMR 135.00, “Requirements Regarding Referrals to Motor Vehicle Glass Repair Shops.” A copy of the proposed regulation can be …