regulations News

Washington Commissioner Fines Pet Insurer for Violating State Laws

Washington Insurance Commissioner Mike Kreidler has fined a pet insurance company $150,000 for violating state laws. Kreidler sayid his agency issued fines in July against American Pet Insurance, which goes under the name Trupanion. It’s based in New York. Most …

California Uber and Lyft Car Rental Decision Delayed

The first major product of General Motors Co.’s $500 million investment in Lyft Inc. was a short-term car-rental program. Last month, the companies began leasing Chevrolets in Chicago for up to eight weeks as part of the Express Drive program, …

Lyft Agrees to Temporary Halt of Rideshare Service in Kansas City

Ridesharing company Lyft will temporarily stop operating in Kansas City, Mo. while it negotiates with the city over ways to allow it to permanently conduct business in the city. Lyft officials said that the drivers will stop working for up …

Illinois Rideshare Bills Vetoed; Insurance Groups Urge Override

Illinois Gov. Pat Quinn has vetoed legislation that would have imposed statewide regulations on commercial ridesharing companies, also known as transportation network companies (TNCs). Quinn said he vetoed House Bill 4075, also known as the “Uber bill,” because it would …

UnitedHealth’s $173M Fine May Be Warning to P/C Insurers

A decision by California Insurance Commissioner Dave Jones to fine UnitedHealth Group $173.6 million for violations having to do with the Unfair Business Practices Act, the Unfair Insurance Practice Act and unfair claims settlements may be a wakeup call for not …

Rebates, Referrals and Rewards in Texas — What’s OK and What’s Not?

What are the rules governing insurance agents in Texas on rebates, referrals and rewards, and why do they matter? For starters, at a minimum, an agent could lose their license for violating rules regarding such activities. And, they could potentially be …

50th International Insurance Society Seminar Convenes in London

The International Insurance Society (IIS) has come a long way since its first meeting in a conference room in Austin, Texas. The 50th edition of its annual conclave opened this morning in London at the Park Plaza Westminster Bridge Hotel …

Williston, North Dakota Cracks Down on Unlicensed, Uninsured Taxis

The Williston, N.D., city commission has approved a new taxi cab ordinance that will fine drivers for operating a vehicle without a city license or insurance. The Williston Herald reports that the rules came after complaints from several taxi drivers …

Minneapolis Considering Regulations for Rideshare Companies

Minneapolis, Minn., is among cities across the country deciding how best to regulate app-based rideshare companies that connect drivers with passengers. Milwaukee is facing a similar challenge in neighboring Wisconsin. The Star Tribune says a hearing at Minneapolis City Hall …

Safety Fears Spur Regulations For Trampoline Gyms In Utah, California

Stephen Merrill was finishing his freshman year of college two years ago when he and a group of friends went to an indoor trampoline park in Utah for a day of flipping, jumping and bouncing. At one point, Merrill leaped …