Auto Insurers News

Fla. Gov. Crist Signs Bill to Bring Back No-Fault Auto Insurance

Governor Charlie Crist signed legislation that will re-enact Florida’s Motor Vehicle No-Fault Law and ensure that drivers have $10,000 worth of health care benefits through personal injury protection or PIP coverage by Jan.1, 2008. The legislation also reforms the law …

Mass. Bans Credit Scores in Both Rating, Underwriting in New Auto Plan

Auto insurers in Massachusetts will not be able to use credit scores to price or underwrite risks when the state enters its managed competition market next April. Insurance Commissioner Nonnie Burnes sided with consumer groups, Attorney General Martha Coakley and …

Oregon passes motor vehicle, P/C insurance-related bills

The 2007 Oregon Legislature has passed a number of bills relating to property/casualty insurance, including several dealing with motor vehicle liability insurance. SB 225 provides that when an injured person sues to recover damages arising from an auto accident, the …

Fla. House, Senate Close in on Pact to Extend No-Fault Car Insurance

Florida legislators reached a general agreement to extend the state’s no-fault car insurance law rather than letting it expire as scheduled on Oct. 1, key members of both chambers said. The requirement that Florida drivers buy personal injury protection insurance …

N.H. motorcyclist covered by auto policy

An auto policy’s uninsured motorist coverage is triggered for a motorcyclist killed by a hit-and-run driver after being thrown onto the roadway from his bike, which was not insured, according to the New Hampshire Supreme Court. The victim’s auto insurer, …

N.H. motorcyclist covered by auto policy

An auto policy’s uninsured motorist coverage is triggered for a motorcyclist killed by a hit-and-run driver after being thrown onto the roadway from his bike, which was not insured, according to the New Hampshire Supreme Court. The victim’s auto insurer, …

News Currents

Oregon passes motor vehicle, P/C insurance-related bills The 2007 Oregon Legislature has passed a number of bills relating to property/casualty insurance, including several dealing with motor vehicle liability insurance. SB 225 provides that when an injured person sues to recover …

Calif. approves Geico rate reduction

The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for GEICO customers. Commissioner Steve Poizner also recognized GEICO’s early …

Fraud Roundup

Calif. brothers arrested for fraud Two brothers in Woodland Hills, Calif., have been arrested and charged with felony insurance fraud, conspiracy and perjury. According to the California Department of Insurance, Masood D. Pymanee, 32, and Mahboob D. Pymanee, 30, were …

Calif. approves Geico rate reduction

The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for GEICO customers. Commissioner Steve Poizner also recognized GEICO’s early …