regulators News

After Boeing Crashes, Jet Design Rules to Get Tougher for All

Planemakers worldwide face tougher scrutiny and changes in the way aircraft are certified in the aftermath of two fatal crashes of Boeing 737 MAX jets, leading regulators have told Reuters. Tuesday marks one year since the deadly crash of a …

Insurance Innovation Will be Shaped by Regulators

It’s no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and InsurTech industry experts said recently. “There will be more innovation and empowerment of the consumer, …

Regulators Probing Gear Shift Trouble with GM Cars

Federal safety regulators are investigating problems with the automatic shift levers on several General Motors cars. The probe began with the Saturn Aura midsize car from the 2007 and 2008 model years, affecting nearly 89,000 vehicles. But the National Highway …

Safety Regulators Checking into Mini Engine Fires

The National Highway Traffic Safety Administration is looking into complaints of engine compartment fires that could affect 36,000 Mini Cooper “S” models from the 2007 and 2008 model years. The federal safety agency said in documents posted on its website …

Learn Safety Lessons, Regulators Tell Oil Firms

Oil and gas companies must improve the way they deal with safety issues in the wake of the Gulf of Mexico and Montara oil spills, regulators said at a two-day conference on safety in the sector. The issue has come …

Florida Lawmakers Want Crackdown on PIP Fraud

Florida lawmakers have been frustrated trying to resolve insurance issues on many fronts in recent years. One of the most troublesome has been the growth of fraudulent claims for drivers who have personal injury protection insurance. Insurance Commissioner Kevin McCarty …

Public Adjuster Controversy Continues for State Regulators

Despite acknowledgment through licensing requirements in 44 states, public adjusters continue to face skepticism as evidenced by new legislation and criticism from the remaining states. In a statement released shortly after April tornadoes ripped through the state, causing more than …