The share-and-share-alike attitude considered a virtue by some has the potential to create a rift between between ridesharing companies and insurance companies. “We try not to make it a battle,” said Robert Passmore, senior director of personal lines for the …
The Illinois Legislature passed legislation this session that provides for regulating transportation networking companies (TNCs) and closing insurance gaps, according to the Property Casualty Insurers Association of America (PCI). Together HB 4075 and 5331 will establish regulations on TNCs that …
Climate change is in the here and now, according to a massive report issued on Tuesday. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for the impacts of a changing …
Arizona Gov. Jan Brewer’s veto of House Bill 2262, which would have exempted ridesharing companies from commercial insurance requirements imposed on traditional taxi and livery companies, has insurance groups singing her praise. “Gov. Brewer made the right decision today and …
Transportation Network Companies like Uber, Lyft and Sidecar should bear the insurance burden when they encourage drivers to use their personal vehicles to transport passengers for a profit, according to recommendations made Wednesday from California Insurance Commissioner Dave Jones. Jones’ …
Days before a key vote in Colorado Legislature on ridesharing regulation a large insurer has come out with a poll that shows the majority of Coloradans believe rideshare companies should cover their drivers with commercial insurance. No one has so …
Washington state legislators will consider modernizing how insurance transactions are conducted. House Bill 2662, authored by State Rep. Derek Stanford, D-Bothell, will enable policyholders to access their insurance policy through their insurer’s website and also receive insurance notices and documents …
Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the past quarter century. The report holds …
With the aim of battling auto insurance fraud, Michigan Secretary of State Ruth Johnson has launched an anti-fraud task force – Fighting Auto Insurance Rip-offs (FAIR) – that involves Michigan State Police, prosecutors, state officials and industry leaders. In an …
Surplus Line Association of California Executive Director Benjamin J. McKay was named to the Insurance Industry Charitable Foundation’s Western division board of directors. The IICF board is comprised of industry professionals with commitment to philanthropy. McKay joined SLA in 2012 …
