Unfair Insurance Practices Earn Wells Fargo A $1B Fine
Wells Fargo has been slapped with a $1 billion fine for its unfair insurance practices. Thousands of the banks vehicle loan customers were sold additional unnecessary auto insurance policies.
April 26, 2018
Legislation & Regulation
Risk Management
Insurance Lobby Making Stand Against Bills To Help California Fire Victims
The property-and-casualty insurance industry is making a last-minute bid to derail or significantly alter two pieces of legislation that would bring relief to fire victims who lost their homes in October, bill supporters said Tuesday.
April 25, 2018
Legislation & Regulation
Property
California
New Bill Aims To Prevent Insurers Checking Education Levels, Incomes
A bill filed last week could potentially prevent insurance companies from charging customers based on their educational background and/or income. Specifically, the bill - sponsored by a New Jersey congresswoman - would prohibit certain income information from being used to set insurance rates.
April 20, 2018
Auto
Legislation & Regulation
Risk Management
District Of Columbia
A Look At San Franciscos Seismic Safety On Anniversary Of Historic 1906 Earthquake
Sailors arriving in San Francisco in the 19th century used two giant redwood trees perched on a hill to help guide their ships into the bay. The redwoods were felled for their lumber at around the time of the gold rush, but San Francisco now has a new beacon: Salesforce Tower, the tallest office building in the West.
April 18, 2018
Catastrophe
Legislation & Regulation
Property
California
Effort To Extend Time To Sue Insurance Companies For Bad Faith Sidelined By House Panel
A Louisiana House committee narrowly defeated Monday legislation that opponents called the Texas Brine Bail Out Act.
April 11, 2018
Legislation & Regulation
Litigation
Louisiana
Minnesota Senators File Bill To Ban Self-Driving Cars
Four Minnesota senators have introduced a bill that would ban self-driving cars from state highways and roads unless the automated driving systems are disabled and humans perform all the driving tasks.
April 4, 2018
Legislation & Regulation
Minnesota
Missouri Bill Would Limit Insurer Payouts
A bill on Gov. Eric Greitens desk would limit how much money insurance companies would have to pay after accidents.
April 3, 2018
Legislation & Regulation
Missouri
Minnesota Woman Advocates For Change In Boat Insurance Law
When Twin Cities TV reporter Courtney Godfrey lost part of her leg in a boating accident over the summer, she assumed the boat owners insurance policy would help. But she quickly learned the boats liability policy excluded her.
March 30, 2018
Legislation & Regulation
Minnesota
Technology Is Outpacing Data Analytics, Self-Driving Car Regulation
A fully autonomous vehicle could generate as much data as the equivalent of every movie ever made … on a daily basis.
"The amount of data being generated in these vehicles is just mind boggling," said Tom Karol, general counsel - federal, The National Association of Mutual Insurance Companies (NAMIC).
March 27, 2018
Legislation & Regulation
Technology
"The amount of data being generated in these vehicles is just mind boggling," said Tom Karol, general counsel - federal, The National Association of Mutual Insurance Companies (NAMIC).
NFIP Extended Through July With Omnibus Spending Bill
Advocates who have been pushing for renewal of the U.S. federal flood insurance programs in the wake of last years devastating hurricanes and floods praised Congress for extending the program through July 31.
March 26, 2018
Catastrophe
Legislation & Regulation
Property
Kentucky Senate Moves Auto Insurance PIP Legislation
A bill that would change the personal injury protection coverage required in all Kentucky automobile insurance policies has passed the state Senate.
March 7, 2018
Legislation & Regulation
Liability
Kentucky
Lying Through Their Teeth: How PIP Repeal Died In The Florida Senate
A room full of industry lobbyists and Floridas insurance commissioner converged to defend the states no-fault car insurance system against a repeal effort in the state Senate, leaving the state among a few keeping a no-fault plan and its drivers paying among the top six average U.S. premiums.
March 2, 2018
Legislation & Regulation
Liability
Litigation
Florida
Distracted Drivers, Distracted Pedestrians: A Deadly Combination
U.S. pedestrian deaths totaled nearly 6,000 in 2017 for the second straight year amid mounting signs that walkers and drivers are dangerously distracted, according to a new study.
March 1, 2018
Auto
Legislation & Regulation
Liability
Amendment Strips Indiana Consumers Of Right To Assign Benefits To Body Shops
"That largely explains it," Insurance Institute of Indiana and State Farm lobbyist Jon Zarich told a state House committee Feb. 21 in presenting an amendment at least one of them hadnt seen. But his summary of the amended Senate Bill 164 omitted any mention that the proposed language would effectively strip away auto insurance policyholders right to assign insurance benefits to body shops.
February 28, 2018
Auto
Legislation & Regulation
Litigation
Indiana
Senator Schumer Calls For Higher Truck Safety Standards Following Fatal Pileup
Tractor trailer safety standards are under the microscope after a massive pileup on the Thruway left an Elba man dead in January. U.S. Senator Charles Schumer is calling for trucks to be equipped with "underride guards" to help protect drivers and passengers on roads.
February 27, 2018
Auto
Legislation & Regulation
Liability



