The Florida Office of Insurance Regulation has issued an Order establishing the 2016 commercial lines rates for Citizens Property Insurance Corporation (Citizens). The overall estimated statewide average rate changes are shown in the chart below. The effective date for both new …
The tension between traditional taxis drivers and those who drive for services like Uber and Lyft was on display Tuesday as Massachusetts lawmakers grappled with proposals to regulate the popular but largely unfettered ride-hailing services. The Financial Services Committee is …
Pennsylvania Insurance Commissioner Teresa Miller issued a consumer alert announcing that she will not approve auto insurance rate filings that contain the so-called “widow’s penalty,” under which a widow or widower is charged a higher rate solely based on the …
New York City will be the main testing ground for a smart device installed in vehicles to warn motorists of impending dangers and congestion, the U.S. secretary of transportation announced on Sept. 14. Secretary Anthony Foxx said New York will …
Risk Cooperative, a Washington, D.C.-based insurance brokerage and risk management firm, recently announced the launch of its Comprehensive Benefits practice. Risk Cooperative said the new practice aims to help small to mid-sized enterprises (SMEs) gain their footing in an increasingly …
The fall marks a new administrative year for the Insurance Agents & Brokers Service Group (IA&B) in Mechanicsburg, Pennsylvania, and its partnership of agents’ associations. The following directors have been elevated to leadership positions. Insurance Agents & Brokers Service Group …
General Motors Co.’s potential liability over flawed ignition switches isn’t over yet, and billions of dollars remain at stake. GM agreed Thursday to pay $575 million to end a shareholder suit tied to the defect and more than 1,380 civil cases …
The article GM Settles Shareholder Suit But Ignition Switch Exposure Not Over appeared first on Insurance Journal.
A new federal report says the proportion of Nebraska residents without health insurance dropped below 10 percent last year. The census report says 9.7 percent of residents were uninsured in 2014, down from 11.3 percent the previous year. David Drozd …
The article Uninsured Rate in Nebraska Dropped Below 10% in 2014 appeared first on Insurance Journal.
A fire at a natural gas fracking well that forced evacuations and killed thousands of fish in eastern Ohio last summer will result in fines of about $223,000 against an international oil and gas company. Environmental regulators announced the fines …
The article Oil Company Fined $223K for Fracking-Well Fire in Ohio appeared first on Insurance Journal.
The insurance industry’s standards organization, ACORD, announced that Bill Hartnett, former financial services and insurance head at Microsoft, has been named its head of innovation, charged with bringing new ways of thinking and doing business to the organization and the …
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