The N.Y. DFS has determined the car-sharing service RelayRides put New Yorkers at risk through false advertising, unlicensed insurance activity and other violations of law.
The New York DFS approved an Esurance program that allows policyholders to install a free device in their cars that prevents teens from texting or calling while driving.
The NAIC Executive Committee meeting erupted into a biting referendum on the NAIC itself Monday, with Connecticut Insurance Commissioner Tom Leonardi motioning to hire an outside firm to conduct a corporate-governance review.
The NAIC Executive Committee meeting erupted into a biting referendum on the NAIC itself Monday, with Connecticut Insurance Commissioner Tom Leonardi motioning to hire an outside firm to conduct a corporate-governance review.
The insurance industry can be more than just a way to deal with risk in society, and can be used as a catalyst for positive change in society, New Yorks top regulator says.
The insurance industry can be more than just a way to deal with risk in society, and can be used as a catalyst for positive change in society, New Yorks top regulator says.
To remain relevant in a changing world, insurers must assume relevant amounts of risk in areas that matter to clients and resist the temptation to accept government involvement in difficult areas, according to ACE CEO Evan Greenberg.
To remain relevant in a changing world, insurers must assume relevant amounts of risk in areas that matter to clients and resist the temptation to accept government involvement in difficult areas, according to ACE CEO Evan Greenberg.