California insurance regulator issues warning about ride sharing coverage

February 10, 2014February 10, 2014 Julie Campbell

Companies offering these programs such as Lyft, Uber, and Sidecar claim that their policies don’t have gaps. According to a California insurance industry regulator, there could be some coverage issues faced by participants in the state’s ride sharing programs if they should ever find themselves in the tragic circumstance of a deadly accident. There have been gaps pointed out in the policies of these high tech carpooling systems. At the same time, Lyft, Uber, Sidecar, and other companies that are offering this type of environmentally friendly, affordable program continue to…

Insurance news from India includes massive security risk

July 2, 2013July 1, 2013 Julie Campbell

Companies are facing backlash from fired employees who took sensitive data with them when they left. A massive struggle in India is making insurance news, as Indian insurers discover that employees whom they fired are using sensitive information that they brought with them in order to create a kind of guerilla backlash. A number of insurers have now alerted the country’s regulator to inform it of this situation. What this insurance news has revealed is that fired workers walked away with the data associated with thousands of policies, and that…