Massachusetts insurance agents have urged the administration of Gov. Deval Patrick to scrap a proposed auto insurance assigned risk plan that the previous administration championed for four years. Former Insurance Commissioner Julianne Bowler ordered final implementation of the Massachusetts Assigned …
Insurers are defending the factors they use in pricing auto insurance, including the occupation and education levels of insureds, arguing that the criteria have been actuarially tested for their ability to predict losses. When they are allowed to use what …
Attorneys Fees State Farm Mutual Automobile Insurance Co. v. Lestenkof (Alaska, Sept. 29, 2006) Ruling: In this case, the court considered whether an auto insurer must pay unlimited (Alaska Civil Rule 82) attorney’s fees to settle on underinsured motorist insurance …
Mass. auto assigned risk plan could be history before it even begins Massachusetts insurance agents have urged the administration of Gov. Deval Patrick to scrap a proposed auto insurance assigned risk plan that the previous administration championed for four years. …
News Currents Insurers are defending the factors they use in pricing auto insurance, including the occupation and education levels of insureds, arguing that the criteria have been actuarially tested for their ability to predict losses. When they are allowed to …
Attorneys Fees State Farm Mutual Automobile Insurance Co. v. Lestenkof (Alaska, Sept. 29, 2006) Ruling: In this case, the court considered whether an auto insurer must pay unlimited (Alaska Civil Rule 82) attorney’s fees to settle on underinsured motorist insurance …
State Farm would cut its car insurance rates by about 16 percent if the state’s no-fault accident system ends in October as scheduled, the company said in a state regulatory filing. This week’s filing said that State Farm customers could …
Insurance company Geico plans to add more than 200 new customer service employees at its Tucson call center by the end of the year, part of a planned expansion that has already added 125 workers since September. Geico opened its …
Siding with consumer groups and state regulators, a state judge on Feb. 15 threw out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers’ records instead of where they live. Superior Court Judge Loren …
There is another public hearing today in Boston on a proposed assigned risk plan for the Massachusetts auto insurance system, a plan that has been in the works and the subject of multiple hearings since 2003. Last month, the Gov. …
