auto insurance latest news
| Extensive Auto Insurance Fraud Ring Broken Up |
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A Philadelphia man who admitted to orchestrating dozens of fake auto accident claims that cost insurance companies nearly $1.3-million in personal injury losses has been sentenced. KYWs Steve Tawa reports that assistant district attorney Linda Montag says the defendant enlisted the cooperation of friends, relatives, and associates who would claim bodily injury based on accidents that [...] |
| Alberta Insurance Board orders rollback on mandatory auto insurance rates |
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EDMONTON - Alberta drivers are to get a bit of a break on their automobile insurance. The government-appointed Insurance Rate Board has ordered insurance companies to reduce premiums on mandatory automobile insurance by five per cent this year. |
| Farmers to cut auto insurance rates for some California customers |
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Drivers covered by the company's Farmers Insurance Exchange subsidiary will see premiums fall by an average of 14.5% and can get a 10% rebate on policy renewals. California's largest auto insurer, Farmers Insurance Group, announced Tuesday that it was reducing its rates by an average of 14.5% for policies issued by its Farmers Insurance Exchange subsidiary. Also, current holders of those ... |
| Foremost Insurance Group Launches Auto Program in New York |
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Foremost announces their DISTINCTCHOICE auto program in New York. Foremost's new auto program is designed with increased limits, deductible options and important coverages for drivers. The ... |
| Connecticut Insurance Department Recovers $591K in Second Quarter |
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The Connecticut Insurance Department said it recovered $591,000 last quarter for insurance buyers who complained to the state about coverage and claims issues. Department staff received 1,761 new ... |
| Fort Pierce's Flowers-Yates Insurance named top 10 growth company |
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Auto-Owners Insurance reports Flowers-Yates Insurance Inc. of Fort Pierce was named one of the top 10 growth agencies for the company in the Lakeland Region for 2009. Flowers-Yates Insurance has represented Auto-Owners since 1988. |
| Schwarzenegger Plan Would Kill Chance to Curb Health Insurance Rate Spiral, Says Group |
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If Californians Have to Buy Health Insurance, Insurers Have to Be Regulated, Says Watchdog's Letter to Gov. SANTA MONICA, Calif., July 30 /PRNewswire-USNewswire/ -- Consumer Watchdog has called on Gov. Arnold Schwarzenegger to withdraw weak pseudo-reforms of the health insurance industry that would bar strong regulation of health insurers. Schwarzenegger sent his proposals this month to ... |
| Obama Tours Auto Plants to Spotlight Industry Recovery |
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Administration is pointing to statistics showing auto industry job growth is on track to be the strongest in more than a decade |
| Co-operators General Insurance Company reports second quarter 2010 net income of $6.5 million |
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Co-operators General Insurance Company today announced its consolidated financial results for the three months ended June 30, 2010. For the second quarter, Co-operators General reported a consolidated net income of $6.5 million, compared to $13.9 million for the same quarter in 2009. |
| It's an Uphill Battle for Younger Drivers in Search of Auto Insurance |
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DALLAS, July 28 -- Just as some health insurance companies may assign higher premiums to groups of patients who have pre-existing conditions, auto insurance companies may also ask for higher rates from younger drivers, a demographic with one unavoidable but incredibly important pre-existing condition: inexperience. |
