Like each of us, insurance regulators throughout the United States are dealing with the COVID-19 pandemic. Like the broader insurance industry, insurtech companies are striving to ensure continued operations, and insurance...more
• Insurtech start-ups are using technology to improve the underwriting process and obtain a competitive advantage.
• The CDI’s new legal opinion clarifies that even proprietary underwriting rules must be available to the...more
9/7/2018
/ CDIs ,
Innovation ,
Insurance Code ,
Insurance Contracts ,
Insurance Industry ,
Insurance Rates ,
Intellectual Property Protection ,
Public Disclosure ,
Startups ,
Technology Sector ,
Trade Secrets ,
Transparency ,
Underwriting
• The California Supreme Court clarifies application of the “principal object and purpose” test, finding that a self-storage operator’s indemnification plans are not subject to regulation under the Insurance Code.
•...more
4/26/2018
/ Amicus Briefs ,
CA Supreme Court ,
Department of Insurance ,
Insurance Code ,
Insurance Commissioners ,
Insurance Contracts ,
Insurance Industry ,
Leases ,
Property Damage ,
Rental Property ,
Startups
• Zenefits’ practice of providing free software to the general public constitutes an improper rebate under the state’s anti-rebate provisions
• Ruling could have significant impact on brokers’ ability to provide...more
12/6/2017
/ Administrative Law Judge (ALJ) ,
Anti-Rebate Statutes ,
Consent Order ,
Inducements ,
Insurance Brokers ,
Insurance Contracts ,
Insurance Industry ,
Integration ,
Purchasers ,
Reversal ,
SaaS ,
Small Business ,
Software ,
Zenefits
• Washington Administrative Law Judge rules that Zenefit’s provision of free software to general public does not infringe on the state’s anti-rebate laws due to value it provides to Washington businesses; however,...more
11/1/2017
/ Administrative Law Judge (ALJ) ,
Anti-Rebate Statutes ,
Consent Order ,
Insurance Brokers ,
Insurance Contracts ,
Insurance Industry ,
Integration ,
Purchasers ,
SaaS ,
Software ,
Zenefits