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Another Flood Insurance Deadline Looming

The fate of the National Flood Insurance Program is hanging in the balance once again, and local experts are getting fed up with the uncertainty.
December 6, 2018 Legislation & Regulation

Interprovincial Licensing Issues Lead Canadian Companies To Hire U.S. Catastrophe Adjusters

There needs to be a hybrid system of self-regulation in concert with regulatory discipline to handle interprovincial mobility issues for independent adjusters, says the president and CEO of an independent adjusting firm.
December 5, 2018 Catastrophe Legislation & Regulation

Small Insurer, Insolvent After Camp Fire, Has Millions In Claims Unpaid

Millions of dollars in potential losses from the Camp Fire have ruined a small Merced County insurance company, providing another element of uncertainty for homeowners following the deadliest and most destructive wildfire in California’s history.
December 4, 2018 Legislation & Regulation Property California

The Dominoes Are Falling As States Move To Legalize Recreational Cannabis

From Florida to New Jersey, a green wave is sweeping the nation as more states seriously consider the prospect of legalizing marijuana.
December 4, 2018 Excess & Surplus Lines Legislation & Regulation

NFIP To Expire This Week, Congress At A Standstill

With flood insurance agencies and policyholders just a few days away from the expiration of the National Flood Insurance Program, one local expert says there is little certainty about what’s to come.
November 28, 2018 Legislation & Regulation Property District Of Columbia

California Insurance Commissioner To Expedite Claims For Fire Victims, Allow Out-Of-State Adjusters

Insurance Commissioner Dave Jones issued an emergency notice Thursday to help expedite claims filed by victims recovering their properties from the California wildfires.
November 16, 2018 Catastrophe Legislation & Regulation Property California

DOI Recoups $38.4M For Colorado Consumers

The Colorado Division of Insurance recovered about $38.4 million for Colorado consumers during the last fiscal year.
November 15, 2018 Auto Legislation & Regulation Life & Health Property Colorado

Cleared For Launch: CLM’s Universal Claims Certification Is Ready For Takeoff

Nearly three years ago, CLM began the process of creating the Universal Claims Certification (UCC) for states that license claims professionals. The goal was simple: Create one educational standard to rule them all.
November 6, 2018 Auto Legislation & Regulation Liability Property Workers' Compensation

Election Day Preview: Insurance Is On The Ballot, Too

Tuesday’s midterm Election Day is filled with fascinating races coast to coast — from the Florida gubernatorial contest to the Texas Senate race, with control of Congress hanging in the balance. Not as many people are paying attention to the expected turnover among state insurance commissioners.
November 5, 2018 Legislation & Regulation California Connecticut Florida Georgia Kansas

New York Comp Reforms Increased Indemnity Payments, Improved Timing

Indemnity payments for injured workers increased as much as 9% from 2007 to 2014 in New York as a result of state reforms launched in 2007, according to a report released Tuesday by the Cambridge, Massachusetts-based Workers Compensation Research Institute.
November 2, 2018 Legislation & Regulation Workers' Compensation New York

Pennsylvania Governor Signs Impairment Ratings Bill

Pennsylvania Gov. Tom Wolf on Wednesday signed into law a bill that reinstates controversial impairment ratings in the state after the state’s Supreme Court deemed them unconstitutional in 2017, a change that experts say raised workers compensation loss cost rates by 6.06% mid-year.
October 29, 2018 Legislation & Regulation Workers' Compensation Pennsylvania

Collisions Rise In First States To Begin Legalized Retail Sales Of Recreational Marijuana

Crashes are up by as much as 6 percent in Colorado, Nevada, Oregon and Washington, compared with neighboring states that haven’t legalized marijuana for recreational use, new research from the Insurance Institute for Highway Safety (IIHS) and Highway Loss Data Institute (HLDI) shows. The findings come as campaigns to decriminalize marijuana gain traction with voters and legislators in the U.S., and Canada begins allowing recreational use of marijuana this month.
October 26, 2018 Auto Legislation & Regulation Alaska California Colorado Maine Massachusetts

eBay Files Lawsuit Against Amazon Over Seller Recruitment

EBay has filed a lawsuit against Amazon, accusing the US retail giant of using illegal tactics to recruit sellers.
It says Amazon representatives abused eBay’s internal email system to contact sellers - a violation of the marketplace’s policies.
October 18, 2018 Fraud Legislation & Regulation California

Bill Would Require Comp Payers To Cover Medical Marijuana

A New Jersey lawmaker on Friday filed a bill that would require workers compensation carriers to pay for medical marijuana.
October 10, 2018 Legislation & Regulation Life & Health Workers' Compensation New Jersey

Statewide Decrease In Crashes, Fatalities Attributed To Hands-Free Georgia Act

State Rep. John Carson, R-Marietta, announced Wednesday that traffic fatalities, crashes and related insurance claims are down in Georgia.
October 4, 2018 Auto Legislation & Regulation Georgia
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