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Though Strapped for Cash, New Mexico Missed $193M in Insurance Taxes
New Mexico failed to collect at least $193 million in taxes on insurance premiums over the past five years, even as the state struggles this year to close a major budget shortfall, according to an independent review of collections. New … Source: Claims Journal
Read MoreChipotle Ads Attempt to Convince Consumers Food is Safe
Chipotle is making another push to convince people that its food won’t make them sick, with plans to run more newspaper and digital ads outlining the safety steps it has taken since last year’s E. coli outbreak. The ads beginning … Source: Claims Journal
Read MoreWashington Agency Proposes Small Increase in Workers’ Comp Rates for 2017
The rate paid for workers’ compensation coverage in Washington would rise by an average of 0.7 percent next year under a proposal released by the Washington State Department of Labor & Industries (L&I). Last year, L&I covered nearly 93,000 work-related … Source: Claims Journal
Read MoreKansas Launches Campaign Against Texting While Driving
Kansas has launched a campaign against texting while driving that includes a contest for university fans. The Kansas Department of Insurance Commissioner Ken Selzer announced the campaign on Monday, The Topeka Capital-Journal reports. The campaign’s message, Don’t Text #Just Drive, … Source: Claims Journal
Read MoreOfficials in 21 States Sue DOL to Block Overtime Pay Expansion
Officials from 21 states sued the U.S. Department of Labor Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay, slamming the measure as inappropriate federal overreach by the Obama Administration. Nevada Attorney … Source: Claims Journal
Read MoreAnother Listeria Scare Hits Blue Bell
Blue Bell Creameries Inc., the ice cream maker that was devastated by a deadly listeria outbreak last year, is doing another product recall tied to the bacteria. The company is voluntarily calling back products from its Sylacauga, Alabama, factory that … Source: Claims Journal
Read MoreOregon Climbing Bridge Closed After Court Ruling
An acclaimed recreational climbing route and one of the only overhang climbing areas in the country has been closed because of liability concerns. The Oregon city of Redmond doesn’t intend to permanently shut down the Maple Bridge Arches Climbing Project, … Source: Claims Journal
Read MoreNFIP Buys $1M in Private Reinsurance, Plans More in 2017
The federal government has contracted with private reinsurers to improve the National Flood Insurance Program‘s claims paying ability and reduce the need for the NFIP to borrow from the U.S. Treasury to cover future claims. The Federal Emergency Management Agency … Source: Claims Journal
Read MoreAutonomous Cars’ Effect on Auto, Cyber Insurance
Autonomous vehicles are expected to shake up the property/casualty market, as personal auto insurance premiums drop and cyber insurance steps in. As drivers look forward to a future of eating, reading and watching movies while being transported to destinations around … Source: Claims Journal
Read MoreFeds Release 15 Point Checklist for Self-Driving Car Makers
Obama administration officials previewed long-awaited guidance Monday that attempts to bring self-driving cars to the nation’s roadways safely – without creating so many roadblocks that the technology can’t make it to market quickly. Traditional automakers and tech companies have been … Source: Claims Journal
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