What Pandemic Auto Premium Givebacks? Many Customers Unaware, Says J.D. Power June 18, 2021 During the COVID-19 pandemic, auto insurers have returned more than $18 billion in premiums to address the drastic reduction in...
Geico Sued for Alleged ‘Woefully Inadequate’ Coronavirus Auto Insurance Discount July 24, 2020 By Andrew G. Simpson Berkshire Hathaway’s Geico, the country’s second largest auto insurer, is being targeted by a potential class action for allegedly overcharging...
UK Regulator Announces Pandemic Relief Measures for Insurance Customers May 15, 2020 The Financial Conduct Authority (FCA) announced a set of measures to help insurance customers who may be suffering financial difficulties...
Allstate Credits Risk Management During Q1; Eyes Second Coronavirus Driver Refund May 6, 2020 Allstate Corp. reported that its adjusted net income rose 47% in the first quarter to $1.14 billion, a jump of...
Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis May 1, 2020 The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus...
North Carolina Farm Bureau Insurance to Give Insureds 20% Dividend on Auto Premiums April 22, 2020 North Carolina Farm Bureau Insurance will provide a 20% dividend payment to its automobile policyholders for April and May 2020...
Analysts See Auto Insurers’ Coronavirus Rebates As a Solid Short-Term Move April 16, 2020 By Mark Hollmer Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers...
Farm Bureau Insurance of Tennessee to Distribute $30M to Policyholders April 15, 2020 Farm Bureau Insurance of Tennessee said it will issue $30 million in special payments to its auto policyholders in the...
North Carolina Creates Process for Insurers to Legally Offer Pandemic Premium Relief April 15, 2020 The North Carolina Department of Insurance says it is working with insurers to allow them to offer financial relief to...
Alabama Regulator Eases Process for Auto Insurers to Reduce Policyholder Premiums April 14, 2020 The Alabama Department of Insurance says it will waive filing fees and allow for immediate implementation of premium reductions by...