Rates at Allstate Increase as Claims Severity Rise
According to company officials during a recent earnings conference call, the auto insurance company, Allstate, focused on increasing returns in that part of its business after its net income declined in the third quarter of 2021.
New Jersey Man Indicted in Scam of Auto Insurance Companies
To avoid obligations to pay policy premiums, a man in New Jersey was indicted on Nov. 17, 2021, for submitting entirely false applications for auto insurance.
More Auto Insurance Refunds are Coming
After offering modest discounts and rebates last year, the auto insurance industry faces more pressure to provide discounts and rebates this year.
Car Insurance Rates Jumped 12% in 2021
The second annual Insuring the American Driver Report, published by Insurify, indicates a 12% increase in auto insurance premiums in 2021 when compared to 2020.
The Best & Worst States for Driving in the US
The terrain of the 50 states varies greatly, and this makes a very different driving experience depending on what state you are in. In a recent study by Bankrate, the Midwest appears to have the advantage of being best for drivers.
Michigan Auto Insurance Changes Produce Protests
Members of the grassroots group We Can't Wait recently gathered on Six Mile Road in Livonia to protest Michigan's no-fault auto insurance legislation.
Driving Risky Roads Could Lead to Higher Auto Insurance Rates
Most drivers don't think much about getting from one point to another. However, people will have to be more careful while driving if they are under any trip-based insurance unless they want to pay more for the same trip.
Tech-Upstart Lemonade to Offer Insurance
Lemonade, Inc., a startup in insurance technology, plans to sell auto insurance policies in addition to renters', homeowners', pet owners and life insurance policies.
Progressive Donates Cars to 45 Veterans in Need
To honor Veterans and the services rendered by them, Progressive Insurance hosted its annual Keys to Progress vehicle giveaway on November 9 for the ninth consecutive year. Hosted just two days before Veterans Day, the company will honor the services of military members and their families by giving away accessible, insured vehicles to 45 veterans and five military organizations.
Michigan Gov. Calls for Auto Loan Refunds
The governor of Michigan will administer auto insurance refunds of about $675 per vehicle as soon as possible.
New Study Finds Phones Fastest Way to File Auto Claims
Insurance apps aren't as popular as other apps on your phone's desktop, but they're beneficial if and when calamity strikes. They usually let you file a claim right after an accident, house fire or other disasters. And, according to new research, filing claims via an app on your phone makes customers happier with the process because it is faster than other options.
Report Uncovers Top 10 Stolen Cars
According to the new data published by the National Insurance Crime Bureau (NICB), some cars and models are expected to have a high rate of being stolen. The most popular cars amongst thieves are Japanese models like Honda, Nissan and Toyota. Moreover, pickup trucks dominated the list presented in the report.