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Industry Roundup: ​U.S. Active Shooting Insurance Rates Jump as Incidents Rise; NHTSA Plans New Push Against Speeding; Independent Agency Customer Platform GloveBox Raises $5.5 Million; Businesses Should Prepare for Increased Data Surveillance

​U.S. Active Shooting Insurance Rates Jump as Incidents RiseAccording to insurers, the cost of purchasing insurance against mass shootings has increased by more than tenfold in the United States this year as a result of a string of deadly events.The Next Frontier for Drones: Letting Them Fly Out of SightAviation authorities in the U.S. and elsewhere are preparing to relax some of the safeguards they imposed to regulate a boom in off-the-shelf consumer drones over the past decade. NHTSA Plans New Push Against SpeedingThe head of National Highway Traffic Safety Administration (NHTSA) said on Wednesday the agency plans a new push to convince Americans to…

Continue ReadingIndustry Roundup: ​U.S. Active Shooting Insurance Rates Jump as Incidents Rise; NHTSA Plans New Push Against Speeding; Independent Agency Customer Platform GloveBox Raises $5.5 Million; Businesses Should Prepare for Increased Data Surveillance

​ Albany Update: Emails Needed on Big I Photo Inspection Bill, Oral Arguments Scheduled for “Best Interest” Lawsuit, Big I NY Pushes Back against Wrongful Death Expansion

Emails Needed on Big I Photo Inspection Bill:Unless you've been living under a rock, you know that for the first time ever, we successfully persuaded the legislature to pass our bill to make CARCO inspections optional at the discretion of individual carriers. Only one step remains: Governor Hochul must sign the bill. Your voice is critical now! Please take a moment to contact the Governor and tell her to do what's right for auto insurance customers: sign the Auto Insurance Consumer Relief Act.Oral Arguments Scheduled for “Best Interest" Lawsuit:Big I NY's four-year crusade against the unfair and unworkable first amendment to Regulation 187, which imposes…

Continue Reading​ Albany Update: Emails Needed on Big I Photo Inspection Bill, Oral Arguments Scheduled for “Best Interest” Lawsuit, Big I NY Pushes Back against Wrongful Death Expansion

Digitize Payments To Increase Customer Satisfaction…And More

​The trend is clear. People today prefer to pay digitally. That includes everything from Amazon purchases to their monthly utility bill – and yes, their insurance premiums! While there are still a few diehard check writers out there, digital transformation is here to stay. The Many Benefits of Digital PaymentsCustomer convenience is often cited as the main reason businesses offer digital payments. And statistics bear that out. In a survey of billing executives, 97 percent reported higher customer satisfaction as a benefit of digitizing payments. The report, called “The Digital Edge”, also found other key business benefits, such as: reduced collection times (86.5%), increased operational efficiency…

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