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Insurance News - House, Senate rethink auto insurance (Orlando Sentinel) Personal Injury Protection


House, Senate rethink auto insurance (Orlando Sentinel)
Personal Injury Protection coverage -- mandated coverage for every auto-insurance holder in the state -- would be extended for three more years under a bill passed by the Senate.

Insurance clock ticking (Sun-Sentinel)
House to weigh extending auto coverage law The battle over the state's no-fault automobile insurance law will shift to the Florida House of Representatives next week, with the Senate giving its unanimous approval Friday to an extension of existing requirements until 2012.

Posted by Administrator at 05:40 PM |

Insurance News - State House, Senate take different roads on auto insurance (Miami


State House, Senate take different roads on auto insurance (Miami Herald)
With less than two weeks before the end of the 2007 session, lawmakers once again are focused on auto insurance.

No-fault law is in jeopardy (The Florida Times-Union)
TALLAHASSEE - In 1971, Florida became just the second state in the country to adopt a no-fault auto insurance law that required all drivers to buy a minimum of protection.

Posted by Administrator at 05:45 PM |

Insurance News - Seattle Ranks In Top 10 For Auto Theft (KIRO 7


Seattle Ranks In Top 10 For Auto Theft (KIRO 7 Seattle-Tacoma)
SEATTLE -- The Seattle area has one of the worst rates of auto theft in the U.S., according to a report prepared by the National Insurance Crime Bureau.

Auto insurance coverage to extend three more years under Senate bill (FOX 10 Mobile)
TALLAHASSEE, Fla. Personal Injury Protection coverage _ mandated coverage for every auto insurance holder in the state _ would be extended for three more years under a...

Senate Bill Extends Auto Coverage For 3 More Years (CBS 4 Miami)
Personal Injury Protection coverage, which is mandated coverage for every auto insurance holder in the state, would be extended for three more years under a bill passed by the Senate.

Posted by Administrator at 09:10 PM |

Insurance News - IBC urges MPs to toughen punishment for auto theft (Investment


IBC urges MPs to toughen punishment for auto theft (Investment Executive)
Insurance Bureau of Canada (IBC) today strongly urged federal MPs to support Bill C-343, which would make auto theft a separate offence under the Criminal Code and implement mandatory jail times for repeat offenders. Bill C-343 is currently before the House of Commons for second reading.

Posted by Administrator at 10:40 PM |

Insurance News - Thousands of drivers scrimp on insurance (Detroit News) Hundreds of


Thousands of drivers scrimp on insurance (Detroit News)
Hundreds of thousands of motorists in financially beleaguered Michigan have downgraded their auto insurance -- a money-saving gamble that could leave them without a ride if their vehicle is stolen or smacked by another car.

Auto insurance tips for first time buyers (MSN Money Canada)
Getting your very own car for the first time can be exciting. New beginnings like these can bring feelings of hope, excitement and anticipation of promising road-trips ahead. As with any new beginning, it is prudent to start off right.

IBC urges MPs to toughen punishment for auto theft (Investment Executive)
Insurance Bureau of Canada (IBC) today strongly urged federal MPs to support Bill C-343, which would make auto theft a separate offence under the Criminal Code and implement mandatory jail times for repeat offenders. Bill C-343 is currently before the House of Commons for second reading.

Posted by Administrator at 10:55 PM |

Insurance News - State suspends license of Kaua'i insurance agent (Honolulu Advertiser) The


State suspends license of Kaua'i insurance agent (Honolulu Advertiser)
The state has suspended the insurance license of Kaua'i agent Meredith Dabin for misappropriating a client's auto insurance premiums and altering policy records without authorization.

Valley ranks fourth in nation for auto thefts (East Valley Tribune)
Despite a decrease in the rate of auto thefts, the Valley ranks fourth in the nation for the third straight year, according to a report released Tuesday by the National Insurance Crime Bureau.

Posted by Administrator at 02:35 AM |

Insurance News - Houston General Offers New Insurance Choices to Pennsylvania Consumers (PR


Houston General Offers New Insurance Choices to Pennsylvania Consumers (PR Newswire via Yahoo! Finance)
Pennsylvania consumers have new options for insuring their homes, cars and other valuable assets. Houston General Insurance Exchange today announced that it is now offering homeowners and auto insurance in Pennsylvania.

Posted by Administrator at 05:00 AM |

Insurance News - Foes of insurance credit scoring unveil legislation (The Delaware Business


Foes of insurance credit scoring unveil legislation (The Delaware Business Ledger)
Insurance Commissioner Matt Denn, state Sen. Margaret Rose Henry, state Sen. Harris McDowell and state Rep. Helene Keeley on Friday unveiled legislation to ban all use of credit scores in setting auto and homeowner insurance rates.

State Farm(R) Lowers Georgia Auto Insurance Rates (PR Newswire via Yahoo! Finance)
State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Georgia and in the nation, is lowering its overall rate level in Georgia an average of 4.0 percent.

Insurance rates still feel Katrina's storm winds (USA Today)
Even before Hurricane Katrina struck, homeowners' insurance prices were rising, and the availability of coverage was falling in disaster-prone areas of the USA.

Posted by Administrator at 05:40 AM |

Insurance News - All about investing in auto stocks (rediff.com) With the auto


All about investing in auto stocks (rediff.com)
With the auto sector headed for slower growth in FY08, investors may need to reassess their auto portfolio.

Posted by Administrator at 08:25 AM |

Insurance News - Allstate profits jumps on auto insurance (CNN Money) Largest publicly


Allstate profits jumps on auto insurance (CNN Money)
Largest publicly traded U.S. insurance company reports net income rose 4 percent in the first quarter.

State Farm Trims Ill. Auto Insurance (AP via Yahoo! Finance)
State Farm, the largest auto insurer in the nation, will reduce insurance rates an average of 6 percent in Illinois effective May 14, the company said Wednesday.

AUTO INSURANCE !! NO CREDIT SCORING !! All Drivers Free Quotes Low Rates (Howell Tri Town News)
AUTO INSURANCE !! NO CREDIT SCORING !! All Drivers Free Quotes Low Rates Also Available: Home Life Commercial NJ A AA CALL SUZY COULTER INDEPENDENT INSURANCE BROKER 732-462-8898 262628 Same Day Coverage

Posted by Administrator at 11:35 AM |

Insurance News - New Report Shows Decline In Auto Deaths (WISN TheMilwaukeeChannel.com via


New Report Shows Decline In Auto Deaths (WISN TheMilwaukeeChannel.com via Yahoo! News)
A new report from the Insurance Institute for Highway Safety shows a sharp decline in auto deaths in the past decade.

AUTO INSURANCE !! NO CREDIT SCORING !! All Drivers Free Quotes Low Rates (Howell Tri Town News)
AUTO INSURANCE !! NO CREDIT SCORING !! All Drivers Free Quotes Low Rates Also Available: Home Life Commercial NJ A AA CALL SUZY COULTER INDEPENDENT INSURANCE BROKER 732-462-8898 262628 Same Day Coverage

State Farm trims Illinois auto insurance rates (WQAD Moline)
BLOOMINGTON, Ill. State Farm announced today it will reduce auto insurance rates an average of 6 percent in Illinois effective May 14th.

Posted by Administrator at 01:35 PM |

Insurance News - State Farm trims Illinois auto insurance rates (WQAD Moline) BLOOMINGTON,


State Farm trims Illinois auto insurance rates (WQAD Moline)
BLOOMINGTON, Ill. State Farm announced today it will reduce auto insurance rates an average of 6 percent in Illinois effective May 14th.

State Farm Trims Ill. Auto Insurance (AP via Yahoo! Finance)
State Farm, the largest auto insurer in the nation, will reduce insurance rates an average of 6 percent in Illinois effective May 14, the company said Wednesday.

New Report Shows Decline In Auto Deaths (WISN TheMilwaukeeChannel.com via Yahoo! News)
A new report from the Insurance Institute for Highway Safety shows a sharp decline in auto deaths in the past decade.

Posted by Administrator at 02:20 PM |

Insurance News - SUVs safest on road, insurance report says (Moldova.org) U.S. vehicle


SUVs safest on road, insurance report says (Moldova.org)
U.S. vehicle death rates fell 30 percent, with sport utility vehicles generally the safest, a report funded by U.S. auto insurers said Thursday.The falling death rate since the 1990s reflects improvements in car design and equipment, the Insurance Institute for Highway Safety report said.General Motors Corp.'s Chevrolet models recorded the highest and lowest driver death rates, the report ...

State Farm trims Illinois auto insurance rates (WQAD Moline)
BLOOMINGTON, Ill. State Farm announced today it will reduce auto insurance rates an average of 6 percent in Illinois effective May 14th.

Posted by Administrator at 04:10 PM |

Insurance News - Online Auto Insurance Purchases Increase 58 Percent (Insurance Journal) Auto


Online Auto Insurance Purchases Increase 58 Percent (Insurance Journal)
Auto insurance policies purchased online increased 58 percent in 2006 compared to 2005, according to comScore Inc., which tracks activity in the digital world. In its "2007 comScore Online Automobile

Auto insurance premiums expected to dip in '07 (Akron Beacon Journal)
U.S. drivers are expected to pay less for auto insurance this year compared with 2006, the first decrease since 1999. According to the Insurance Information Institute, the average premium rate should drop by half a percent.

Critics rap 'pay-as-you-go' auto insurance (Gloucester Daily Times)
BOSTON - A proposal to link the mileage drivers put on their cars to the amount they pay for insurance is drawing criticism from those who believe the move unfairly favors those in cities.

Posted by Administrator at 04:40 PM |

Insurance News - Online Auto Insurance Purchases Increase 58 Percent (Insurance Journal) Auto


Online Auto Insurance Purchases Increase 58 Percent (Insurance Journal)
Auto insurance policies purchased online increased 58 percent in 2006 compared to 2005, according to comScore Inc., which tracks activity in the digital world. In its "2007 comScore Online Automobile

Insurance.com Announces Move to Larger Local Facility (Fuerteventura Digital)
Cleveland, OH (PRWeb) April 13, 2007 - Insurance.com, the largest online auto insurance agency in the United States, has signed a lease to occupy the former Nestle building located at 29000 Aurora Road, Solon Ohio 44139. Plans call for converting the existing 111,493 square feet office/warehouse space into a high-tech work environment that will include state-of-the-art conference rooms, wireless ...

Posted by Administrator at 07:40 PM |

Insurance News - Pa. auto insurers clash (Pittsburgh Tribune-Review) Pennsylvania is one of


Pa. auto insurers clash (Pittsburgh Tribune-Review)
Pennsylvania is one of the most competitive, stable and profitable auto insurance markets in the country, with insurers salivating after a good, stable driver base and client loyalty, experts said.

Insurance.com Announces Move to Larger Local Facility (Fuerteventura Digital)
Cleveland, OH (PRWeb) April 13, 2007 - Insurance.com, the largest online auto insurance agency in the United States, has signed a lease to occupy the former Nestle building located at 29000 Aurora Road, Solon Ohio 44139. Plans call for converting the existing 111,493 square feet office/warehouse space into a high-tech work environment that will include state-of-the-art conference rooms, wireless ...

Posted by Administrator at 10:40 PM |

Insurance News - State low-cost auto insurance program spinning its wheels (The Press-Enterprise)


State low-cost auto insurance program spinning its wheels (The Press-Enterprise)
SACRAMENTO - California's low-cost auto insurance program, touted as a key component of the state's strategy to reduce the number of uninsured drivers, so far is stuck in the slow lane.

Farmers Insurance Texas Claims Team Assists Victims of Widespread Storms (Business Wire via Yahoo! Finance)
DALLAS-FORT WORTH, Texas----The Farmers Insurance Group of Companies' agents and claims personnel continue assisting Farmers' customers with claims from the tornado and storms that struck in a widespread area from Dallas to San Antonio.

Posted by Administrator at 02:20 AM |

Insurance News - Insurance.com Announces Move to Larger Local Facility (PR Web) Insurance.com,


Insurance.com Announces Move to Larger Local Facility (PR Web)
Insurance.com, the largest online auto insurance agency in the United States, has signed a lease to occupy the former Nestle building located at 29000 Aurora Road, Solon Ohio 44139. (PRWeb Apr 13, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/TWFnbi1QaWdnLUhvcnItQ3Jhcy1NYWduLVplcm8=

Posted by Administrator at 05:25 AM |

Insurance News - 2nd Circuit Overturns Ex-Lawyer's Insurance Fraud Conviction (Law.com) The 2nd


2nd Circuit Overturns Ex-Lawyer's Insurance Fraud Conviction (Law.com)
The 2nd Circuit has vacated disgraced attorney Solomon Kaplan's conviction on five counts related to an insurance fraud scheme because lay opinion by a cooperating witness was improperly allowed as to Kaplan's knowledge of a massive auto accident insurance scheme. But the judges let stand Kaplan's convictions on counts of witness tampering and making false statements to an FBI agent. The ruling ...

Farmers Insurance Promotes Bill Martin to Senior Vice President - Auto Product Management (Business Wire via Yahoo! Finance)
LOS ANGELES----Paul Hopkins, chief executive officer of the Farmers Insurance Group of Companies, has announced the appointment of Bill Martin to Senior Vice President - Auto Product Management in the Home Office.

comScore Reports 58 Percent Annual Growth in Auto Insurance Policies Purchased Online in 2006 (PR Newswire via Yahoo! Finance)
comScore, Inc., a leader in measuring the digital world, today released the results of a study of online auto insurance activity, which revealed that 2006 represented a tipping point in the adoption of the Internet for auto insurance purchases.

Posted by Administrator at 08:45 AM |

Insurance News - 2nd Circuit Overturns Ex-Lawyer's Insurance Fraud Conviction (Law.com) The 2nd


2nd Circuit Overturns Ex-Lawyer's Insurance Fraud Conviction (Law.com)
The 2nd Circuit has vacated disgraced attorney Solomon Kaplan's conviction on five counts related to an insurance fraud scheme because lay opinion by a cooperating witness was improperly allowed as to Kaplan's knowledge of a massive auto accident insurance scheme. But the judges let stand Kaplan's convictions on counts of witness tampering and making false statements to an FBI agent. The ruling ...

Farmers Insurance Promotes Bill Martin to Senior Vice President - Auto Product Management (Business Wire via Yahoo! Finance)
LOS ANGELES----Paul Hopkins, chief executive officer of the Farmers Insurance Group of Companies, has announced the appointment of Bill Martin to Senior Vice President - Auto Product Management in the Home Office.

Insurance.com Wins ACG Cleveland Deal Maker Award (Business Wire via Yahoo! Finance)
CLEVELAND----Insurance.com, the largest online auto insurance agency in the United States, was recently the recipient of an Association for Corporate Growth's 2007 Deal Maker Award.

Posted by Administrator at 09:40 AM |

Insurance News - Insurance compensation challenge (CFCN.ca) Alberta's auto insurance rules are undergoing


Insurance compensation challenge (CFCN.ca)
Alberta's auto insurance rules are undergoing a constitutional challenge.

Insurance.com Wins ACG Cleveland Deal Maker Award (Business Wire via Yahoo! Finance)
CLEVELAND----Insurance.com, the largest online auto insurance agency in the United States, was recently the recipient of an Association for Corporate Growth's 2007 Deal Maker Award.

AIG Auto Insurance Launches GPS Based Teen Driver Pilot Program (The Auto Channel)
NEW YORK--AIG Auto Insurance today announced the AIG Teen GPS Program for auto insurance policyholders with teen drivers.

Posted by Administrator at 01:05 PM |

Insurance News - America News: AIG Auto Insurance launches GPS-based teen driver program


America News: AIG Auto Insurance launches GPS-based teen driver program (Telematics Update)
AIG Auto Insurance has teamed up with MobileTeenGPS to launch the AIG Teen GPS Program for auto insurance policyholders with teen drivers. (4/10/2007)

AIG Auto to Test Drive Tracking System for Teen Drivers (Insurance Journal)
Direct marketer AIG Auto Insurance announced it will pilot a Teen GPS Program for policyholders with teen drivers. The program uses Global Positioning System, or GPS, technology to allow parents of te

Auto Dealers Urge Congress to Make Available Data on Totaled Vehicles (Insurance Journal)
The National Automobile Dealers Association (NADA) asked the U.S. Senate to bring more transparency to the used-car buying process by requiring insurance companies to provide consumers access to data

Posted by Administrator at 05:40 PM |

Insurance News - AIG Auto Insurance Launches GPS Based Teen Driver Pilot Program


AIG Auto Insurance Launches GPS Based Teen Driver Pilot Program (The Auto Channel)
NEW YORK--AIG Auto Insurance today announced the AIG Teen GPS Program for auto insurance policyholders with teen drivers.

Posted by Administrator at 07:46 PM |

Insurance News - Insurance Auto Auctions, Inc. Announces It Has Received Requisite Consents


Insurance Auto Auctions, Inc. Announces It Has Received Requisite Consents with Respect to Its Tender Offer and Consent ... (Business Wire via Yahoo! Finance)
WESTCHESTER, Ill.----Insurance Auto Auctions, Inc. announced today that it had received, as of 5:00 p.m., New York City time, on April 5, 2007, tenders and consents from holders of 100% of the aggregate principal amount of the Company's outstanding 11% Senior Notes due 2013 in connection with its cash tender offer and consent solicitation for the Notes, which commenced on March 22, 2007.

Posted by Administrator at 12:10 AM |

Insurance News - Insurer reduces Fla. risk to maintain top rating (BizJournals) On


Insurer reduces Fla. risk to maintain top rating (BizJournals)
On the eve of filing its estimated discounted insurance rates, Auto Owners Insurance Group told insurance agents that it was dropping 40 percent of its Florida customers.

Auto premiums linked to credit (The Cincinnati Enquirer)
David Bowers had a perfect driving record but was paying more than $1,000 a year for car insurance because of his low credit score.

Posted by Administrator at 04:05 AM |

Insurance News - Insurance Giants Accused of Bullying Customers (FOX 23 News Albany)


Insurance Giants Accused of Bullying Customers (FOX 23 News Albany)
Some New York auto body shop owners are accusing big insurance companies of illegally steering loyal customers. The customers have the legal right to take their vehicles to any shops they choose but some shop owners say the insurance companies push them to shops that offer lower estimates.

Posted by Administrator at 04:25 AM |

Insurance News - First Floridian drops 40,000 (The Palm Beach Post) First Floridian


First Floridian drops 40,000 (The Palm Beach Post)
First Floridian Auto and Home Insurance Co. is in the process of notifying thousands of Floridians that their homeowners policies will not be renewed, the most recent insurer to significantly reduce its business in Florida.

#2 Governor Jennifer M. Granholm today announced that Auto-Owners Insurance has agreed to reduce home and personal ... (The Grand Rapids Press)
#1 Michigan drivers who have auto insurance but can't immediately prove it when stopped by police no longer will face a $300 fine. Gov. Jennifer Granholm signed a bill that changes the state's driver responsibility laws.

Auto Insurance Report Alarms Leaders (Central Florida News 13)
A new report about auto insurance in Florida is raising big red flags with some state leaders.

Posted by Administrator at 07:35 AM |

Insurance News - #2 Governor Jennifer M. Granholm today announced that Auto-Owners Insurance


#2 Governor Jennifer M. Granholm today announced that Auto-Owners Insurance has agreed to reduce home and personal ... (The Grand Rapids Press)
#1 Michigan drivers who have auto insurance but can't immediately prove it when stopped by police no longer will face a $300 fine. Gov. Jennifer Granholm signed a bill that changes the state's driver responsibility laws.

Auto Insurance Report Alarms Leaders (Central Florida News 13)
A new report about auto insurance in Florida is raising big red flags with some state leaders.

Posted by Administrator at 11:40 AM |

Insurance News - Citizens Insurance Company of America Launches Connections(TM) Home in Michigan


Citizens Insurance Company of America Launches Connections(TM) Home in Michigan (PR Newswire via Yahoo! Finance)
Citizens Insurance Company of America today announced the launch of a new homeowners insurance product, Connections Home, in Michigan. This announcement follows the launch of Connections Home by its affiliate, The Hanover Insurance Group, in Connecticut, Illinois, Maine, New York, Ohio and Tennessee, where the product has increased homeowners' quotes for the company since its launch.

Many auto head restraints found lacking in crash tests (Baltimore Sun)
Head restraints in several passenger vehicles provided marginal or poor protection against neck injuries and whiplash, the insurance industry reported yesterday in new crash test results.

Posted by Administrator at 11:50 AM |

Insurance News - State: Insurance practices harm minorities (BizJournals) A Florida Office of


State: Insurance practices harm minorities (BizJournals)
A Florida Office of Insurance Regulation (OIR) report contends the insurance industry's use of occupation and education for the underwriting and rating of auto insurance policies unintentionally harms minorities and low-income individuals in determining auto insurance premiums and insurance eligibility.

Posted by Administrator at 04:45 PM |

Insurance News - Cochran Caronia Waller Offers Auto Insurance Reserves Study (PR Newswire


Cochran Caronia Waller Offers Auto Insurance Reserves Study (PR Newswire via Yahoo! Finance)
Cochran Caronia Waller recently issued a research study on auto insurance reserves.

Posted by Administrator at 09:05 PM |

Insurance News - Counterfeit Auto Insurance Cards Among Documents Seized in N.C. (Insurance


Counterfeit Auto Insurance Cards Among Documents Seized in N.C. (Insurance Journal)
Hoke County, N.C. authorities raided three houses last week and arrested three illegal immigrants, also seizing phony documents and equipment used to make them. Among the items seized were dozens

Farmers Insurance Companies Introduce New Annual Auto Insurance Policy in Virginia (Business Wire via Yahoo! Finance)
RICHMOND, Va.----Farmers Insurance Group of Companies, including Farmers Insurance Exchange, and Mid-Century Insurance Company, have good news for their over 76,500 insurance policyholders and all new customers in Virginia.

Farmers Insurance Companies Introduce New Annual Auto Insurance Policy in Tennessee (Business Wire via Yahoo! Finance)
NASHVILLE, Tenn.----Farmers Insurance Group of Companies, including Farmers Insurance Exchange, and Mid-Century Insurance Company, have good news for their over 82,500 insurance policyholders and all new customers in Tennessee.

Posted by Administrator at 11:35 PM |

Insurance News - Replacing auto parts presents problems (Akron Beacon Journal) A reader


Replacing auto parts presents problems (Akron Beacon Journal)
A reader once called and expressed this frustration: After another driver backed into her car and hit her front bumper, his insurance company wanted to replace her bumper with an aftermarket product.

Former New Iberia agent facess forgery, insurance fraud charges (The Daily Iberian)
A former New Iberia insurance agent has been arrested on charges of insurance fraud and forgery. The Louisiana State Police Insurance Fraud and Auto Theft Unit arrested David Sampy, 43, of Sugarhill Drive, Wednesday.

Ohio State Auto Completes Purchase of Beacon Insurance Group (Insurance Journal)
Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto's 29th state of opera

Posted by Administrator at 02:10 AM |

Insurance News - Ohio State Auto Completes Purchase of Beacon Insurance Group (Insurance


Ohio State Auto Completes Purchase of Beacon Insurance Group (Insurance Journal)
Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto's 29th state of opera

Posted by Administrator at 04:10 AM |

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