auto insurance News

PEMCO Insurance Launching Rideshare Driver Endorsement in Oregon

Seattle-based PEMCO Insurance announced it is introducing its auto policy endorsement for rideshare drivers in Oregon on Sept. 1. The company said the endorsement enhances personal auto policies for rideshare drivers, providing them additional coverage and lower deductibles. The product …

Colorado Police Officer Arrested for Alleged Fraudulent Insurance Claims

A Colorado police officer indicted by a state grand jury was arrested on multiple felony counts for allegedly lying about his home and car being burglarized and collecting nearly $60,000 in fraudulent insurance claims. The Aspen Daily News reported Silt …

Louisiana Installing Barriers to Help Stem Fatal Highway Crashes

To help prevent fatal crashes more than 600 miles of cable barriers will be installed in highway medians across Louisiana through state and federal funding totaling more than $100 million. KTBS-TV reports crews will begin installing the barriers for 41 …

9 People Sentenced in $500K California Auto Insurance Fraud Ring

Michael Charles Young, 30, of Sacramento, Calif., the reported leader of a large auto insurance fraud ring, was sentenced to more than 10 years in state prison for bilking insurance companies out of an estimated $500,000 by filing fraudulent insurance …

General Motors’ Maven Gig Has Expanded to Los Angeles

Maven Gig has expanded to Los Angeles. The General Motors Co. service lets drivers rent cars by the week and use them for ridesharing and other services. Maven Gig began this spring in San Diego and San Francisco. It launched …

Reinsurers Invest in Fintech Startups to Diversify and Grow in Soft Market

When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally in Munich Re, the world’s biggest reinsurer. The German company had just teamed up with a U.K. internet startup to …

California Commissioner Launches Investigation into Wells Fargo

California Commissioner Dave Jones has ordered an investigation into recent allegations that Wells Fargo and National General Insurance improperly charged consumers for “force-placed” auto insurance for consumers who had auto loans with Wells Fargo. Wells Fargo in a July 27 …

2 New Driving Laws Among Some 200 New Laws for Louisiana in August

Two new driving laws kicked in for Louisiana this month. Also children can bring sunscreen to school without a doctor’s note, minors face tougher restrictions for getting an abortion and colleges can’t ask unlimited questions about applying students’ criminal histories, …

New York Regulator Subpoenas Wells Fargo Over Unwanted Auto Insurance

New York state’s banking and insurance regulator issued subpoenas on Tuesday to two Wells Fargo & Co units after the bank said it had sold auto insurance to hundreds of thousands of customers who did not need it. The New …

Arizona Awarding Grant to Help Combat Wrong-Way Driving

The Arizona State Transportation Board is poised to announce a project grant to a company that will work on a system to reduce the risk of wrong-way driving. The board’s decision will come after Gov. Doug Ducey called for state …