Staged Auto Accident Leads to Murder, Conviction in Georgia August 12, 2024 First, he orchestrated a staged auto accident in Georgia. Then he murdered a co-conspirator in 2019 in a disagreement over...
Pennsylvania Shaved $98 Million Off Insurer Rate Requests in First Half of Year July 22, 2024 The Pennsylvania Insurance Department (PID) reported that it has saved consumers $98.3 million in annual auto, home and other property/casualty...
Rhode Island Bars Auto Insurers From Hiking Rates on Widows and Widowers June 6, 2024 A new Rhode Island law prohibits auto insurers from charging policyholders more solely because they have been widowed. The new...
Soaring Insurance Costs Hit as US Buyers Finally Get a Break on Car Prices April 12, 2024 By Timothy Aeppel A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas...
Suit Says OnStar, LexisNexis Shared Driving Data With Insurers, Spiking Rates March 15, 2024 By William Rabb Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south...
Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals December 18, 2023 The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the...
Rate Hikes Not Bringing Profit to US Auto Insurers: Fitch August 18, 2023 By Susanne Sclafane Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers,...
NC DOI Arrives at 4.5% Increase in Auto Rates for Next Two Years, 9.9% on Dwelling August 9, 2023 North Carolina’s insurance commissioner has negotiated a smaller increase on auto insurance rates than the state’s rating agency had requested....
Update: Allstate Estimates Catastrophe Losses of $1 Billion in June, $2.7 Billion in Q2 July 20, 2023 Allstate Corp. announced estimated catastrophe losses for the month of June of $1.01 billion, or $799 million, after-tax. June’s month...
Allstate Announces May Catastrophe Losses, Auto Rate Hikes June 15, 2023 Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax. There...