State insurance

2022 - 10 - 3

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Image courtesy of "Los Angeles Times"

Novice Republican or Democrat embroiled in controversy? Voters to ... (Los Angeles Times)

A novice Republican and a scandal plagued Democrat face off to be the state's next insurance commissioner.

Howell said he supports stricter restrictions on abortions than allowed under California law currently, saying they should be limited to the first trimester only and in cases where the mother’s life is in danger. “I am proud of the fact that I’ve implemented a rigorous review process to really catch any incoming contributions that don’t reflect my values,” Lara said. He said Lara’s well-documented fundraising issues were “a Christmas present when I looked into the guy I’m up against.” Lara’s campaign highlighted his work to save California drivers $2.4 billion by requiring auto insurance companies to refund some of the premiums they collected from customers who largely stayed home during the pandemic, which reduced car accident claims. “And experience is critical, not only to address the issues of holding insurance companies accountable, but making sure that there is an advocate that is going to look out for every Californian.” The investigation was prompted by a complaint filed by the advocacy group Consumer Watchdog in May. “And insurance commissioners should be focused on the people of California.” He was elected to the Assembly in 2010 before terming out of the state Senate in 2019. California’s major newspaper editorial boards cited Lara’s ethical blunders when handing their coveted endorsements to Levine in the primary. [billing taxpayers for a Sacramento apartment](https://www.politico.com/states/california/story/2019/09/05/insurance-commissioner-charging-rent-for-second-residence-to-taxpayers-1167813) while living in Los Angeles. The state’s insurance commissioner regulates a $310-billion industry and is particularly influential in helping homeowners in wildfire-prone areas maintain their insurance. Lara’s challenger, Robert Howell, is a cybersecurity equipment manufacturer who has never held public office and concedes he knows little about the insurance commissioner job or the industry he would be regulating.

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Image courtesy of "Axios"

The hidden factor in Florida's property insurance crisis (Axios)

Experts tell Axios the major problem Florida's insurance companies are facing isn't weather. It's litigation.

"It's just going to suck. It's just going to be expensive." - Kin uses machine learning to collect and organize data from many sources — down to what shape of roof a home has. At Kin, CEO Sean Harper said, "We pay to fly planes over wherever the storm happened. - "Carriers can weather the storm as they have for decades; they survive and even thrive through hurricanes, wildfires, hailstorms, and the like," Menuey told Axios. That automates what's typically a labor-intensive process. [about 13-15% ](https://techcrunch.com/2017/08/01/kin-insurance/)of Florida homeowners have flood insurance to cover water damage, mostly through a [federal program](https://www.nytimes.com/2022/09/29/climate/hurricane-ian-flood-insurance.html) that is stressed. [Kin ](https://www.kin.com/)is among the few insurance companies to have launched in Florida in recent years, and the firm's approach is to harness technology to cut costs. [Goosehead Insurance](https://streaklinks.com/BONdDKi7u0DJpNOqbgOQ_2UD/https%3A%2F%2Fwww.goosehead.com%2F). [Office of Insurance Regulation](https://streaklinks.com/BONdDKiKSpAYyWbFEw6XB7vP/https%3A%2F%2Fwww.flgov.com%2F2022%2F04%2F26%2Fcalling-on-the-legislature-to-hold-a-special-session-regarding-property-insurance%2F). [litigation](https://www.insurancebusinessmag.com/us/news/breaking-news/floridas-insurance-woes-caused-by-two-factors--report-416302.aspx). [Insurance Journal](https://www.insurancejournal.com/news/southeast/2021/12/09/645131.htm)reported.

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Image courtesy of "Medical Economics"

13 states with the worst patient insurance rates (Medical Economics)

The worst state is more than double the national average for health insurance coverage.

There were 13 states in double digit percentages and the state at the bottom of the list had an uninsured rate more than double the national average, according to the Census Bureau figures. Census Bureau findings about what states had the worst health insurance coverage rates in 2021. Nationally, the uninsured rate decreased by 0.4 percentage points from 2020, according to the Census Bureau.

No Coverage for Late Night Snacks: New Jersey Court Finds Uber ... (The National Law Review)

New Jersey answered whether New Jersey Transportation Network Company Safety and Regulatory Act which requires transportation network companies to provide ...

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