In industry news:

According to the Louisiana Department of Insurance January/February 2015 newsletter, NAIC has announced plans to issue a white paper on the insurance complications inherent in “Transportation Network Companies” (TNCs) like Uber and Lyft. NAIC has formed a panel to work on the white paper in order to help states address TNC issues, mainly the gap in automobile insurance coverage but also other concerns such as the independent contractor designation. It may be some time before the white paper will be released, but those involved plan to discuss and approve it for further action at the NAIC Spring National Meeting in Phoenix in late March.

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