Motorcycle lane splitting moves a step closer in California

motorcycle lane splitting

A state Assembly bill has now moved nearer to a vote and would form new guidelines in the state. California’s AB 51 is a bill that was created to provide guidelines for safe motorcycle lane splitting in the state. If this legislation passes, it will make it will change the way riders use the road. Motorcyclists will be able to pass other vehicles on the road “by riding between them along the lane line.” Until now, it has not been legal or illegal to ride the lane line between two…

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If SpaceX rockets are to be reused, they’ll need insurance first

SpaceX rockets spacecraft technology

The company is looking to use their technology more than once and is preparing to recover them for re-launch. Now that it has been shown that SpaceX rockets are able to make landings on a consistent basis, they are now looking to insurance underwriters to make it possible to be able to reuse those devices for the launch of commercial satellites. The insurance industry will need to be heavily involved in this process in order to manage the financial implications. Over the next week or two, the Hawthorn space company…

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Michigan health insurance premiums are getting cheaper

michigan health insurance

While rates have been on the rise across the country, residents of this state are staying affordable. According to the results of a recent study, Michigan health insurance rates are actually going to experience a small decrease in 2017, despite the fact that many other states across the country are watching their premiums grow increasingly expensive. This year has been relatively volatile in the ACA’s insurance exchanges, but that is not the case in Michigan. The Michigan health insurance premiums are not only remaining below the national average, but they…

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Washington health insurance rates expected to see double-digit increases

seattle washington health insurance rates industry

In fact, the going prediction is that premiums could rise by over 13 percent on average across the state. According to the state’s commissioner, Mike Kreidler, the Washington health insurance rates are slated to increase by an average of 13.5 percent and apparently this doesn’t come as a surprise to him. There have already been thirteen health insurance companies that have filed their 2017 plans. Those insurers are asking for an average 13.5 percent increase on Washington health insurance rates across a total of 154 individual plans for 2017. This…

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California insurance industry trends forum hears from Schwarzenegger about risk

Arnold Schwarzenegger California insurance industry trends

The former state governor and well known actor weighed in at the Southern California university event. Actor and former governor Arnold Schwarzenegger spoke at a California insurance industry trends forum this week in order to discuss certain central topics such as that of risk. He spoke to insurance students and professionals in the industry about what it took to play some of his most famous roles. Schwarzenegger also took the chance to use the California insurance industry trends seminar to discuss the types of risks he faced when he originally…

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