Category: Insurance News

(Olympia, WA – Insurance News 360) – On March 22, Coordinated Care Corp, known as Coordinated Care, was fined by the Washington Office of the Insurance Commissioner, for approximately $100,000, after the organization failed to follow a compliance plan agreed to on Dec. 15, 2017. THe plan was in regard to problems with its provider…

(Jersey City, N.J. – Insurance News 360) – More than 40 states and U.S. territories have implemented the cyber insurance program offered by ISO. The program includes a variety of coverage options to assist insurers in protecting customers in the growing and diverse cyber market. Verisk estimates that commercial cyber liability premiums will reach $6.2…

(Nashville, TN – Insurance News 360) – On March 14, the Tennessee Department of Commerce and Insurance’s Securities Division cautioned investors to be sure they do their research before investing in “unicorn” start up companies. The warning came after the North American Securities Administrators Association (NASAA) issued an advisory on the topic. When it comes…

(Costa Mesa, CA – Insurance News 360) – The J.D. Power 2018 U.S. Original Equipment Tire Customer Satisfaction Study reveals that overall customer satisfaction with original equipment tires has shown great improvement since 2015 The study, conducted each year, looks at tire owner satisfaction in tire wear, tire ride, tire appearance, and tire handling. The…

(Costa Mesa, CA – Insurance News 360) – Consumers are happier with their telecommunications services when service technicians are on time for appointments and provide more precise service windows. The results of the inaugural J.D. Power U.S. Telecom In-Home Service Technician Study, released on March 22. Longer service windows and early or late arrivals negatively…

(Washington, DC – Insurance News 360) – The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration has implemented a 90-day temporary waiver to the Congressionally-mandated electronic logging device rule in order to address the needs of the agricultural industries in the U.S. The agency is also publishing final guidance on the agricultural 150-air-miles-of-service exemption…

(Harrisburg, PA – Insurance News 360) – On March 22, Pennsylvania Insurance Commissioner Jessica Altman announced that Texas-based auto insurer Access Insurance Company has been issued an order of liquidation by a Texas court. In Pennsylvania, there are more than 42,000 policies affected. Those affected by this liquidation can legally drive, but need to find…

(Columbus, OH – Insurance News 360) – With students of all ages headed back to the classroom, parents of college students in particular have one more thing to do: Assess insurance policies to ensure that a college-age student has adequate coverage. “It’s important for parents to talk with their insurance agent about options available for…

(Raleigh, NC – Insurance News 360) – As the North Carolina legislators negotiate a state budget, Insurance Commissioner Wayne Goodwin is urging the Senate and House of Representatives to keep funding for driver education in the budget. “North Carolina currently has some of the lowest car insurance costs in the country,” Goodwin said. “In addition…

(Madison, WI – Insurance News 360) – Wisconsin Insurance Commissioner Ted Nickel urges parents and students to assess their insurance needs as students hit the books this fall. “Signing up for classes and buying your books is important,” said Nickel, “but so is making sure you’re adequately covered by insurance.” Nickel continues, “Students should keep…