auto insurance News

Autonomous Cars to Bring Shift But Not Big Decline in Insurance: Report

It turns out robots need insurance too. As driverless vehicles reduce car ownership in coming years, insurers may not face the Armageddon that had been predicted, new research shows. “We do not expect revenues for auto insurance companies to experience …

Oklahoma Selects New Vendor for Auto Insurance Verification System

Oklahoma Insurance Commissioner John Doak is notifying auto insurers operating in the state that a new contract has been awarded for the operation of the insurance department’s Oklahoma Compulsory Insurance Verification System (OCIVS). The Oklahoma Office of Management & Enterprise …

Nevada Motorists Face July 1 Auto Insurance Rate Increase

Nevada state officials are reminding as many as 600,000 vehicle owners they could face auto insurance rate increases July 1, when minimum liability coverage requirements go up. Officials announced earlier that almost one in three of Nevada’s 2 million licensed …

European Commission Proposes Motor Insurance Reforms

The European Commission has proposed a series of proposals to strengthen European Union rules on motor insurance including one to assure that victims of accidents receive full compensation even when an insurer is insolvent. The revamped rules also seek to …

Michigan Legislators Decide Motorists Need 3-Foot Distance to Pass Bikes

Michigan drivers would have to allow 3 feet of clearance or a “safe passing distance” while going by a bike on the road as part of a legislative compromise that could reach the governor soon. The Senate voted 36-1 this …

Man Dies After Tesla Crashes into Pond in California

Authorities in California’s San Francisco Bay Area are investigating the death of a man after a Tesla car he was driving veered off a road, crashed through a fence and into a pond. KTVU-TV reports that rescuers pulled the submerged …

Arizona Governor Vetoes Auto Insurance Bill, Signs Others

Arizona Gov. Doug Ducey has vetoed a bill requiring drivers to carry higher limits on their car insurance. Ducey closed out the state’s legislative session by signing 55 new laws and vetoing seven others. Wednesday was the final day that …

Pedestrian Deaths Increase in Wisconsin

Wisconsin transportation officials are growing concerned about risky behavior by drivers and pedestrians as the number of pedestrian fatalities increased last year, mirroring a national trend. The state saw almost 60 pedestrian deaths in 2017, compared with about 50 in …

Geico Must Pay $23M to Southern California Motorist

A jury has decided Geico Insurance must pay a Southern California man nearly $23 million in compensation and damages after the company unreasonably delayed paying out on a $400,000 damage claim. The injured driver, Omar Dauod, maintains the delayed payment …

The Reason You Only Need One Auto Policy

This weekend was really good one for one of my sons. He got the all-too-rare opportunity to go see his girlfriend (who lives almost 350 miles from us). They both work and go to school, so their time is super …