auto insurance rate increase News

2% Rate Hike Approved for North Carolina Auto Insurers

North Carolina’s insurance regulator says he’s reached a deal with auto insurers for a premium increase of just over 2 percent instead of the nearly 14 percent average increase companies sought in February. The state Insurance Department said Thursday the …

North Carolina Regulator Calls 13.8% Auto Rate Hike Unwarranted

The North Carolina Rate Bureau’s request for an auto rate hike of 13.8 percent is not justified based on the data submitted, according to a statement from the North Carolina Department of Insurance. The decision, made by Commissioner Mike Causey …

North Carolina Auto Rates Going Up? Rate Bureau Files for 13.8% Rate Increase

The North Carolina Rate Bureau (NCRB) is requesting an average increase of 13.8 percent on private passenger automobile insurance rates in its latest filing with the North Carolina Department of Insurance (NCDOI). NCRB files rates on behalf of all insurance …

Allstate Rate Hikes for Georgia Drivers Move Forward, For Now

Allstate can go ahead raise auto insurance rates for Georgia drivers later this month because a state review of the planned increase won’t be done in time to stop the higher rates from taking effect, state regulators said. State Insurance …

Allstate Responds to Georgia Insurance Department’s Rate Filing Investigation

Allstate Insurance Co. is speaking out about an investigation by the Georgia Department of Insurance into the carrier’s plan to raise auto insurance rates for some in the state by at least 25 percent. In a statement to Insurance Journal, …

Georgia to Investigate Allstate Auto Rate Increase

A Georgia statewide rate increase of 25 percent on Allstate Property & Casualty Insurance Company policyholders has triggered a consumer alert from state Insurance Commissioner Ralph Hudgens. The Georgia Department of Insurance issued a consumer alert April 11 to all …