South Carolina uninsured motorists can pay to drive

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South Carolina will allow uninsured motorists to operate vehicles in the state if they pay an annual fee of $550, according to Bulletin 2016-11, which the state released on Dec. 20, 2016. The state said it will place collected funds in the Uninsured Motorist Fund and distribute it among insurers writing motor vehicle bodily injury […]

Pennsylvania Plate Readers

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Pennsylvania discontinued its practice of issuing license plate registration stickers effective Jan. 1, 2017. To confirm that a motorists ’s vehicle registration is current and properly insured, the state now will rely on license plate-reader technology to scan license plates. The state estimates it will save $2 million in mailing costs and $1 million in […]

Scrooge & Marley, PLC: A commercial insurance case study

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Scrooge & Marley, PLC, was a privately held partnership in 19th-century England that operated out of a dingy warehouse in the Cornhill section of London. Partners Ebenezer Scrooge and Jacob Marley founded the “counting house” with no outside investors or small business loans. Marley referred to the firm as “a money-changing hole,” a closely held, […]

MVICS Discontinued

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The Connecticut Department of Motor Vehicles no longer requires auto insurers to file reports through its legacy Motor Vehicle Insurance Compliance Reporting System (MVICS). The state DMV suspended the legacy system effective September 29, 2016. Going forward, insurers are only required to submit reports to the Connecticut Insurance Verification System (CTIVS). CTIVS, introduced in June […]

3D printer risks investigated

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In a previous blog post—3D Printers: Do emitted chemicals from inexpensive desktop models pose health risks?—we discussed a study on emissions and possible risks associated with small commercial desktop 3D printers. Due to lower cost, this class of printer is becoming more widespread in universities, commercial facilities, and even homes. As a result, they’re increasingly […]

Mississippi names MSVIVS administrator

MSVIVS

The Mississippi Insurance Department announced HDI Solutions, LLC (HDI) as the administrator of its new Vehicle Insurance Verification System (MSVIVS). The contract was awarded on May 25, according to an announcement posted in a July 20 departmental bulletin. Preparations are now underway for the 2017 launch of MSVIVS, which will facilitate automobile liability insurance reporting […]