Online Auto Insurance News - Breaking News about Car Insurance

California Low-Cost Insurance Program Lowers Premiums

Insurance department announces up to 9 percent premium decreases in state-sponsored program

The California Low Cost Automobile Insurance Program (CLCA) decreased annual premiums up to 9 percent across all state counties and increased income eligibility maximums, according to an announcement from state regulators. The reduction, the biggest...

Latest news in State Specific
New York Raising Insurance Rates for High-Risk Drivers

Rates for the state-run high-risk car insurance pool are slated to increase 21 percent overall

Rate filings made public by regulators show that the more than 90,000 high-risk drivers who get coverage through the state-run New York Automobile Insurance Plan (NYAIP) will see increased rates after June 1. The NYAIP is the insurer of last resort...

Latest news in Premium Rates
Insurance Patents at Center of Progressive Lawsuits

Claiming infringement of three patents, insurer sues State Farm, The Hartford in federal court.

In lawsuits filed last week in federal court, Progressive claims that The Hartford and State Farm infringed on three patents used to measure vehicle usage in the insurer’s Snapshot program. The lawsuits pit the insurers’ pay-as-you-drive programs...

Latest news in Insurance Companies
Insurance Institute Adds Three Cars to Top Safety Picks

2013 Chevy Malibu Eco, 2012 Hyndai Azera, 2012 Toyota Prius C make list after safety tests

The Insurance Institute for Highway Safety (IIHS) recently added three cars to its Top Safety Picks, naming the 2013 Chevy Malibu Eco, 2012 Hyundai Azera and 2012 Toyota Prius C as exceptionally safe vehicles for drivers. All three received the...

Latest news in Consumer

● ● ● ●

California Low-Cost Insurance Program Lowers Premiums

The California Low Cost Automobile Insurance Program (CLCA) decreased annual premiums up to 9 percent across all state counties and increased income eligibility maximums, according to an announcement from state regulators. The reduction, the biggest since 2009, puts the average statewide price of a CLCA policy at $257.69 annually,...Read More »

Insurance Institute Adds Three Cars to Top Safety Picks

The Insurance Institute for Highway Safety (IIHS) recently added three cars to its Top Safety Picks, naming the 2013 Chevy Malibu Eco, 2012 Hyundai Azera and 2012 Toyota Prius C as exceptionally safe vehicles for drivers. All three received the highest-possible “good” rating overall. The kind of car you drive plays a major...Read More »

NICB: 1 in 10 Corvettes Stolen Between 1981 and 2011

In its second classic-car feature, the National Insurance Crime Bureau (NICB) is highlighting the Chevrolet Corvette, a car that has seen more than 10 percent of its total production stolen in the past three decades. The 1984 model was the most-stolen...Read More »

Other recent stories posted in

State Specific

Mo. Bill Mandates Insurance for Emissions, Inspection Stations

A Missouri bill that would require inspection stations to carry liability coverage that covers damages to patrons’ cars when they are checked has... Read More »

New Ala. Texting Law Carries Insurance Implications

A law restricting texting while driving was approved by Alabama Gov. Robert Bentley Tuesday, and it may have insurance implications for drivers who violate... Read More »

Mo. Consumers Get $2.2 Million Back from Insurance Regulators

Missouri regulators announced last week that they recovered $2.2 million in the first quarter of 2012 for the state’s policyholders. The Missouri Department... Read More »

Other recent stories posted in

Insurance Companies

Allstate First-Quarter Financial Results Show Rising Profits

Allstate released its first-quarter financial statement Wednesday, which showed that the nation’s second-largest auto insurer saw rising profits... Read More »

Study: Insurance Consumers Shop Around Less, Switch More Often

A study from J.D. Power and Associates found that the rate at which policyholders looked at the market for a new insurer is at its lowest point in a half-decade... Read More »

Liberty Mutual Sees Highest First-Quarter Profits in Three Years

Liberty Mutual released its first-quarter 2012 profits on Thursday, showing that the insurer posted a marked improvement from both last year and the year... Read More »

Other recent stories posted in

Premium Rates

Eight California Car Insurance Companies Ask for Higher Rates

Filings made public by the California Department of Insurance show at least eight car insurers in the state are asking for rate increases, with two of... Read More »

Insurers Announce Auto Insurance Rate Changes in Illinois

Illinois insurance regulators recently released documents for filings accepted in March showing that almost two dozen insurers have already adjusted or... Read More »

State Farm Announces 2 Percent Insurance Rate Hike in Minn.

State Farm on Friday announced an average rate hike of 2 percent that goes into effect April 30 for Minnesota motorists. Motorists looking for cheap insurance... Read More »

Other recent stories posted in

Consumer

Insurance department announces up to 9 percent premium decreases in state-sponsored program

Rates for the state-run high-risk car insurance pool are slated to increase 21 percent overall

Claiming infringement of three patents, insurer sues State Farm, The Hartford in federal court.

2013 Chevy Malibu Eco, 2012 Hyndai Azera, 2012 Toyota Prius C make list after safety tests