Archive for November, 2011
Michigan Auto Insurance Industry Says “Trust Us”, But Lawmakers Demand To See Facts
Over the last two and a half months, I have been writing about the Michigan auto insurance industry’s well-funded attempt to back out of its 40-year-old promise to pay unlimited lifetime medical benefits for people injured in auto accidents . The industry claims the current system of No-Fault benefits is bankrupting insurance companies and Michigan’s Catastrophic Claims Association (MCCA), but …
Was this driver a victim of auto insurance fraud?
After a minor scrape in the mall parking lot, one driver is accusing the other of insurance fraud. But who’s right?
Car Insurance Site Tiger.co.uk Comments On Bma Recommendation
Tiger.co.uk considers whether the British Medical Association (BMA) recommendations on extending the 2007 smoking ban to people’s private cars wou …
Consolidation to drive commercial insurance premiums higher
Acquisitions expected to continue, giving P&C firms more pricing power
Online Auto Insurance: Insurer’s Vehicle Ratings Shed Light on a Large Pricing Factor
State Farm’s recent makeover of its vehicle premium index allows consumers to get an updated view of how large claims payments tend to be for certain types of autos, a major factor in the ratemaking process.Miami, Fla. (PRWEB) November 29, 2011 The recent announcement that State Farm is updating and making public its annual vehicle insurance ratings for particular makes and models highlights the …
Young worker car premiums urged
Young people should pay lower insurance premiums if they only use cars to get to work or college, Labour say.
Driving a Good Bargain
A number of facotrs impact an auto insurance premium.
Gary Lineker is tackling car insurance
Gary Lineker is backing a new car insurance start-up aimed at offering young motorists lower premiums while improving their driving.
State Farm keeps its distance
Since Massachusetts stopped setting all auto insurance rates in 2008, 13 new companies have stormed in the market, including industry giants like Geico, Allstate and Progressive. And a 14th firm, General Casualty of Sun Prairie, Wis., is expected to enter the market as early as next year. But the country’s largest auto insurance company, State Farm Mutual Automobile Insurance Co., has so far …
Consumer advocate Harvey Rosenfield takes on health insurers
Rosenfield, who used California’s initiative process to regulate auto insurance rates more than two decades ago, is preparing a new initiative that would force health insurers to get state approval before they could raise premiums. The former “Nader’s Raider” who used California’s initiative process to regulate auto insurance rates is headed back to the ballot.