auto insurnace News

Washington Commissioner: Deadline for Insurers to Comply Credit Scoring Rule is May 6

Washington Insurance Commissioner Mike Kreidler is reminding insurance companies of the May 6 deadline to file rating plans that comply with his emergency rule to temporarily prohibit the use of consumers’ credit scores. A Thurston County Superior Court judge on …

Customer Satisfaction with Home Insurers Improves, Says J.D. Powers

Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. Overall satisfaction with homeowners insurance companies averages 769 in 2011—improving by 19 points from 2010, according to the J.D. Power …

Michigan Supreme Court Eyes Broken Ankle, Truck Door Insurance Case

The Michigan Supreme Court wants to know more about a Macomb County case in which a woman successfully sued her insurance company after breaking her ankle outside her parked truck. The court might consider whether it was appropriate for Mona …

Drunk, Joyriding Husband Covered by Insurance in Michigan for Crash

A western Michigan man excluded from his wife’s insurance policy still is eligible for benefits in a drunken crash, thanks to a line of court decisions that covers joyriders from the same family. The state appeals court this week reluctantly …

How Rising Energy Prices Affect P/C Insurance

The leveling off of the world’s oil supply and the resulting rising gasoline prices and their economic impact carry implications for property/casualty insurance rates. Oil spikes have been known to precede recessions, which affect auto, home and workers’ compensation claims …