premium News

Jones: Low Cost Auto Insurance Decrease Up To 9% Across California

California Insurance Commissioner Dave Jones announced that beginning May 15 the cost of an annual premium for the California Low Cost Automobile Insurance Program has decreased up to 9 percent across California’s 58 counties and the income eligibility caps for …

California Workers’ Comp Reform Taking Shape – Again

At a recent joint hearing in Sacramento on workers’ compensation in California with the Assembly and Senate, statistic after statistic flew out of the mouths of speaker after speaker during the nearly four-hour session. It was titled, “Informational Hearing, Injured …

Michigan Catastrophic Injury Premium to Go to $175 Per Car

Michigan drivers will pay $30 more for auto insurance starting July 1 to care for accident victims who have brain damage, paralysis or other catastrophic injuries, raising the annual fee to $175 per vehicle. The Michigan Catastrophic Claims Association announced …

California’s State Fund Declares $50 Million in Dividends for Policyholders

California’s State Compensation Insurance Fund on Friday announced plans to disburse a $50 million dividend to qualifying policyholders in the form of a premium credit amounting to roughly 5.2 percent of estimated annual premium for the 2011 policy year. The …