Auto Insurers News

Arbella Introduces Carpartment Insurance

The Arbella Insurance Group has launched Carpartment insurance, which offers discounts to renters insurance customers who insure their cars with Arbella. “Renter’s insurance is carried by only 31 percent of tenants nationwide, and many of the uninsured have no idea …

Texas Auto Insurers Back Texting While Driving Restrictions

Texas’ major auto insurers support proposed legislation to prohibit texting while driving as the next logical step to prevent accidents and deaths on Texas’ increasingly crowded roadways. Beaman Floyd, executive director of the Texas Coalition for Affordable Insurance Solutions (TCAIS), …

Progressive Releases Terms for Usage-Based Insurance Licensing Program

Progressive Insurance is making the intellectual property it owns available to companies interested in implementing usage-based insurance (UBI) programs under a new licensing program. Progressive said licensing may be available for UBI programs under the following terms: Term of Agreement: …

Consumer Watchdog Slams Calif. Prop. 33 Campaign over Libya Tragedy

The battle over an automobile insurance persistency initiative is heating up, with the latest volley over a radio advertisement targeting a military audience that opponents are calling on to be removed following the tragedy in Libya where Libyan Ambassador Christopher …

GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y.

Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium rates for many risks. Commercial insurance packages cover the cars, trucks and vans used by small businesses such as contractors, …

DriveFactor Expands Usage-Based Auto Insurance Programs

DriveFactor, previously known as Crimson Informatics, is offering new auto insurance programs that enable insurers to effectively rate driver performance based on safety and driving habits through mobile technology and informatics. As auto insurers expand new usage-based insurance (UBI) and …

Electronic Proof of Insurance Gaining Steam in Some States

It’s possible that driving with a cell phone may be an advantage. A California legislator’s bill to enable auto insurance policyholders to issue proof of coverage verification via a mobile electronic device, such as a smartphone, is among several similar bills …

There’s an App for That: Mobile Phone Quoting

Don’t be surprised if in the not-too-distant future on a television commercial you see Flo, adorned in her white apron, drop her price scanner and pick up a smartphone, on which she takes a picture of a driver’s license and …

California Legislator Introduces Smartphone Proof of Insurance Bill

A California legislator has introduced a bill to require auto insurers to issue proof of coverage verification to the mobile electronic devices of insured if they request it. Assembly Bill 1708, authored by Assemblyman Mike Gatto, D-Silver Lake, would enable …

Anchorage Police Nab 148 Drivers Exceeding 100 Mph

Anchorage police enforcing traffic laws in the past year issued nearly 150 citations to drivers exceeding 100 mph. KTVA-TV reports officers issued 148 citation for drivers who cracked the 100 mph limit. The high mark was a motorcyclist drive 150 …