An insurer that used CCC Intelligent Solutions software to determine the payout for a claimant’s vehicle did not violate a Florida law that sets forth only three methods that auto insurers may use to determine actual cash value, a divided …
Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp, are short-changing customers on premium rebates as Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak. …
Auto insurers Allstate Corp. and American Family Insurance are returning some money to customers as widespread shutdowns across the U.S. from the coronavirus cut down on driving. Allstate expects to give back more than $600 million, with personal auto customers …
Legislation that creates potential for more employment law claims in California and a measure that may give attorneys a new tool to extract larger settlements from Colorado auto insurers are among new laws that will impact insurance claims professionals in …
Legislation to reduce Michigan’s high auto insurance premiums by letting drivers opt out of mandatory unlimited medical coverage is in peril, with majority Republicans lacking enough support to pass it on their own and many Democrats pushing an alternative plan. …
Arizona Gov. Jan Brewer has vetoed a bill that would have allowed insurance companies to drop drivers from their coverage if their car was driven mostly out of the state. The bill would have affected college students and snow birds …
New York’s largest auto insurers factor in a motorist’s education level and occupation when calculating policy rates, charging blue-collar workers more than college-educated professionals, a consumer watchdog group reported Thursday. The analysis by the New York Public Interest Research Group …
An agency that charges Michigan drivers for the cost of caring for people catastrophically injured in crashes says the fee they pay will remain unchanged at $186 per year. The Michigan Catastrophic Claims Association announced Wednesday that the assessment for …
Auto insurers in Michigan will begin paying more to cover the cost of personal injury protection (PIP) benefits gauranteed under Michigan’s no fault insurance law. Beginning July 1, the assessment paid by auto insurers to the Michigan Catastrophic Claims Association …
California is turning into a battleground for technology that allows auto insurers to track their customers’ driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences. Insurance companies are increasingly installing …