Auto casualty claimants are avoiding hospital emergency rooms during the COVID-19 pandemic but are generating increased hospital charges anyway, according to a new report by Mitchell, a San Diego-based claims administrator. “Anecdotally, we have heard that some people have been …
Britain plans to alter the rate used to calculate upfront personal injury payments, the Ministry of Justice said on Thursday, a move which will reduce those payments and insurance premiums. Motor insurers’ profits were dented and insurance premiums have risen …
U.K. car insurance premiums rose 1.8 percent in the first quarter of 2017, with motorists now paying an average of £781 ($949), which is £110 ($134), or 16 percent, higher than average premiums paid in the same period last year, …
The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government’s announcement of a dramatic cut to the discount rate used to calculate lump-sum personal injury compensation, according to A.M. Best. Motor insurers and reinsurers …
Auto insurance bodily injury claims costs are still increasing in the United States, even though better vehicle safety has helped reduce claims frequency, according to the Insurance Research Council (IRC). The insurance organization said improved vehicle safety, graduated licensing laws …
Two survivors of an Eastern Oregon tour bus crash that killed nine passengers allege in a lawsuit that the driver was tired, didn’t heed warnings and was going too fast on a road with patches of snow and ice. Attorney …
Tennessee’s high court has ruled that two parents’ emotional distress following an automobile accident that took the life of their son is not covered under the uninsured motorist portion of their automobile bodily injury coverage. The Tennessee Supreme Court upheld …
Auto insurance claim costs countrywide have recently increased, reversing previous trends of declining or relatively stable costs. A new report from the Insurance Research Council (IRC), “Trends in Auto Injury Claims, 2011 Edition,” documents auto injury claim trends, both countrywide …
