Ohio home, auto insurance rate changes in 2017 announced

(Ohio, OH – Insurance News 360) – In October, Jillian Froment, Director of the Ohio Department of Insurance, reported that average rate changes for the top 10 homeowners and private passenger auto insurance groups rose, but that those rates were far below the national average. Homeowners insurance rates rose 1.5 percent for the top 10 […]

FMCSA Simplifies process to allow individuals with controlled diabetes to drive commercial trucks

(Washington, DC – Insurance News 360) – In September, the Federal Motor Carrier Safety Administration announced rules that allows people with an insulin regimen and properly controlled insulin-treated diabetes mellitus to drive commercial vehicles in interstate commerce. Before the new rule, individuals with insulin-treated diabetes mellitus were not allowed to drive commercial motor vehicles without […]

California Insurance Commissioner encourages greater diversity for insurance company governing boards

(Sacramento, CA – Insurance News 360) – In September, California Insurance Commissioner Dave Jones sent letters to more than 50 California-licensed insurance company chief executives, asking them to increase the diversity of their governing boards. The letter also asked that each company give insight into a diversity policy for their company, or to develop strategy […]

Department of Transportation pilot program allows military personnel to drive commercial trucks

(OMAHA, Neb. – Insurance News 360) – In July, U.S. Secretary of Transportation Elaine L. Chao, Nebraska Sen. Deb Fischer, and Congressman Don Bacon announced the launch of a pilot program to allow 18-20 year olds with the U.S. military equivalent of a commercial driver’s license (CDL) to operate large trucks in interstate commerce. “This […]

California Insurance commissioner calls for ease of inventory requirement for 2018 wildfire survivors

(Sacramento, CA – Insurance News 360) – On Oct. 4, California Insurance Commissioner Dave Jones issued a plea to insurers to volunatily provide up to 100 percent of contents coverage for 2018 wildfire survivors, without requiring a detailed home inventory. Insurance commissioner calls on industry to ease inventory requirement for  2018 wildfire survivors Jones asked […]

Federal Motor Carrier Safety Administration issues regulatory guidance for transporting agricultural commodities

(Washington, DC – Insurance News 360) – On May 31, the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) announced clarification to the longstanding 150 air-miles-of-service agricultural commodity exemption. The organization also explained more about the provision focusing on “personal conveyance.” The FMCSA published notices proposing regulatory guidance for use of personal conveyance […]

2018 U.S. Business Wireless Satisfaction Study highlights importance of assigned customer service reps

(Westlake Village, CA – Insurance News 360) – The 2018 U.S. Business Wireless Satisfaction Study, conducted by J.D. Power, has revealed that having a dedicated customer service representative is very important to business wireless customers, and helps the companies rank higher for customer satisfaction than those that have just a general help line.    Each […]

John Neal joins Lloyd’s as CEO

(London, UK – Insurance News 360)- John Neal has joined Lloyd’s with more than three decades of work experience in the industry. He was mot recently Group CEO of QBE Insurnace Group. Bruce Carnegie-Brown, Chairman of Lloyd’s issued this statement: “On behalf of the Lloyd’s market, I am delighted to welcome John to Lloyd’s. He […]

Highway fatalities down almost 2 percent in 2017

(Washington, DC – Insurance News 360) – The number of fatalities on America’s roadways is down, after two years of increases, according to the National Highway Traffic Safety Administration. In 2017, 37,133 people died in motor vehicle crashes, a decrease of almost 2 percent from 2016. Also, the NHTSA notes that figures for the first […]