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 »
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 »
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 »
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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 »
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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 »
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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 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... 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... Read More »
Survey: Parents, Friends Model Bad Texting Habits for Teens
Almost half of teens text while driving even though almost all know it is dangerous—and at least a part of the reason can be attributed to bad examples... Read More »
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