auto claims News

Friday the 13th Superstition May Ring True for Some Drivers: Aviva

The age old superstition about falling prey to bad luck on Friday the 13th does in fact ring true for some motorists according to data from Aviva, the UK’s largest insurer, released last summer. Analysis of 10 years of Aviva …

Despite Rising Premiums Auto Insurance Satisfaction at All Time High

Despite steady increases in premium prices during the past five years, auto owners’ satisfaction with auto insurers reaches record-high levels, according to the J.D. Power 2014 U.S. Auto Insurance Study released last week. The study measures customer satisfaction across five …

Car Insurance Costs Rise With Each Claim: Report

Drivers pay an average of 38 percent more for car insurance after making a single claim, according to a new insuranceQuotes.com report. The hike is steepest in Massachusetts, where just one claim leads to an average premium increase of 67 …

Oklahoma Insurance Department Provides Breakdown of Claims Filed

Insurance claims filed in Oklahoma following the tornado outbreak at the end of May have jumped to 60,308 with insurance payments reaching $470,323,299, the top state insurance regulator reported. “These numbers are already staggering, and this is just the beginning,” …

Insurance Claims From May Oklahoma Tornadoes Top 60,000

The Oklahoma Insurance Department says more than 60,000 claims have been filed from tornadoes that raked the state last month, with total insurance payments currently topping $470,000. Insurance Commissioner John Doak released the latest figures on Tuesday and said it’s …

Tornado-Related Claims Already Top $250M in Oklahoma

State insurance officials say tornado-related insurance claims from the twisters on May 19 and 20 that tore through Moore and several neighboring communities already represent insured losses of nearly $250 million. Oklahoma Insurance Commissioner John Doak said Tuesday there have …

Mississippi Insurance Department Arranges More Storm Damage Inspection Sites

Due to the large volume of auto claims being filed following Monday’s hailstorm, the Mississippi Insurance Department has arranged for insurance companies to use the Mississippi State Fairgrounds, downtown, as additional damage inspection stations. These sites will be in addition …

Mississippi Insurance Losses From Isaac Relatively Small

Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney says. Chaney says that as of Wednesday, Mississippi’s 21 largest insurers had received 9,400 claims and paid …

Insurers Begin to Process Isaac Claims

Insurance claims from Hurricane Isaac have begun to trickle in, with one estimate saying losses to insurers could total $1.2 billion. AIR Worldwide, which models losses for insurers, said its best estimate of losses was $1.2 billion. Insurers could have …

Insured Losses From Colorado’s June Storms Estimated at $321M

Colorado’s 2012 wildfire season has already reached devastating historic levels, and new insurance claim estimates from the hail, wind and flooding that wreaked havoc on June 6th from South Denver-Metro down to Colorado Springs, and then dished out a second …