Lost in the debate over a public option health insurance plan, says a University of Iowa insurance expert, is the fact that health insurance differs in many ways from other types of insurance. “Insurance manages risks that are unknown, such …
6.8% The overall average rate cut that Florida workers’ compensation insurers are recommending and which state officials said would save employers more than $166 million. If approved, the rate decrease would be the seventh consecutive decline since 2003. 45% The …
Most consumers of auto and homeowners insurance seem to be happy with their insurers, says a new industry study. A new public opinion study by the Insurance Research Council (IRC) reported that 91 percent of respondents with auto insurance said …
Connecticut Attorney General Richard Blumenthal is urging his federal counterpart, Attorney General Eric Holder, to look into reports that some auto insurers improperly steer consumers toward certain body repair shops — allegations that one industry group dismissed as bogus. Blumenthal …
AIG to Hank: All is forgiven, we need your help! That is the message from Robert Benmosche, the new CEO of American International Group Inc., to Maurice “Hank” Greenberg — the man who built the company into what was the …
Most consumers of auto and homeowners insurance seem to be happy with their insurers, says a new indsutry study. A new public opinion study by the Insurance Research Council (IRC) reported that 91 percent of respondents with auto insurance said …
Overall customer satisfaction with auto insurance companies is up significantly in 2009. But the gap between agency writers and direct writers may be coming closer to a “photo finish,” says the author of a new study by J.D. Power and …
New Jersey personal auto insurer Palisades is using a unique approach to market itself: an “art gallery” of 13 highway billboards across the state. The images were picked by online voting and were pared down from more than 900 entries …
USAA Auto Group announced it is reducing rates an average of 7 percent for auto policyholders in California. The 10th largest auto insurer in the state, USAA insures nearly 1 million vehicles in California, covering approximately 3.5 percent of the …
North Carolina is ordering auto insurers to roll back their rates to 2006 levels and send up to $50 million in refunds to about 1 million policyholders. Insurance Commissioner Wayne Goodwin said the settlement does away with a rate increase …
