Insurance
Top stories summarized by our editors
5/17/2019

The California Senate Appropriations Committee has failed to advance a proposal that would have allowed consumers to sue companies over violations of the California Consumer Privacy Act. That leaves the state largely responsible for enforcing the data-privacy law when it takes effect next year.

Full Story:
The Associated Press
5/17/2019

The rate of crash deaths is two to four times higher in certain smaller vehicles and sports cars, while the rate tends to be lowest in sport utility vehicles, according to a study by iSeeCars, a used-car search site. The study outlines specific models that have the highest fatal accident rates according to government data.

Full Story:
WXYZ-TV (Detroit)
5/17/2019

National Weather Service meteorologists said inland Florida faces an increasing risk of flooding like what Texas and the Carolinas experienced during Hurricanes Harvey and Florence, respectively. Jacksonville, meanwhile, is looking to impose tougher rules on new construction in places that face the biggest threat of flooding from rivers and creeks.

5/17/2019

Congress has the potential for moving forward on legislation addressing autonomous-vehicle safety and security, said Senate Commerce Committee Chairman Roger Wicker, R-Miss. The full Senate did not vote on the bill last year, but Sen. John Thune, R-S.D., said lawmakers plan to revive the measure.

Full Story:
The Hill
5/17/2019

Republican leaders of the Michigan House and Senate said they are hopeful about reaching a compromise with Democratic Gov. Gretchen Whitmer on legislation intended to reduce auto insurance rates in the state. Whitmer said she would consider providing expanded options for personal-injury-protection coverage, but not a zero-coverage option.

Full Story:
MLive (Michigan)
5/16/2019

The California Department of Forestry and Fire Protection said its investigators have determined that electrical transmission lines owned and operated by Pacific Gas & Electric sparked the deadly Camp Fire, which caused more deaths and destruction than any other California wildfire on record. The investigation into the utility's equipment failure "is ongoing in an effort to determine if PG&E or any of its personnel have any criminal liability," said Butte County District Attorney Mike Ramsey.

Full Story:
Reuters
5/16/2019

A Milliman report prepared for APCIA says the Mississippi attorney general is filing subrogation lawsuits stemming from Hurricane Katrina that could cause homeowners premiums in the state to rise by as much as $55 million, a 25% increase. "Turning back the clock and reopening settlements from 12 years ago might pad lawyers' pockets, but it would also disrupt the insurance marketplace and harm consumers and the economy," APCIA's Ron Jackson said.

Full Story:
Insurance Journal
More Summaries:
APCIA
5/16/2019

The federal government needs to reauthorize the Terrorism Risk Insurance Act to maintain the availability of essential coverage within the workers' compensation sector, said David Priebe of Guy Carpenter. "All it takes is a location with a few hundred employees" experiencing a terrorist attack "to lead to losses to the effect of $200 million," Priebe said.

5/16/2019

Florida homeowners paid $1,918 on average for coverage in 2016, putting the state's premiums among the highest in the US, according to a National Association of Insurance Commissioners report based on the latest full-year data available. Natural disasters have contributed to homeowners rate increases in Florida and to increases of more than 70% in Oklahoma, Kansas and Colorado, the report says.

More Summaries:
NAIC
5/16/2019

The Massachusetts House has advanced a bill that would prohibit the use of handheld cellphones while driving and aims to address racial-profiling concerns by heightening data collection on traffic stops. The measure now moves to the Senate, which is set to consider similar legislation in early June.

Full Story:
The Associated Press
More Summaries:
Massachusetts House, Senate