auto policies News

Lockdowns Cut Driving and Crashes, Bring Insurance Discounts

DETROIT — Interstates and city streets are empty and cars are quarantined in their owners’ garages, so consumer advocates argue that it only makes sense for auto insurance rates to reflect that. In the states of Washington and New York, …

Michigan Orders American Fellowship Mutual Insurance into Liquidation

The American Fellowship Mutual Insurance Co. has been ordered into liquidation by Ingham County Circuit Judge William Collette at the request of the Michigan Department of Insurance and Financial Services (DIFS) Director Kevin Clinton. The request was granted on June …

Farmers Insurance Pulling Out of Louisiana

Farmers Insurance Exchange, which has around 23,000 homeowner and 7,000 auto policies in Louisiana, is dropping those lines of business in the state, Insurance Commissioner Jim Donelon said Thursday. Donelon said that the company cited substantial losses as a major …

Florida Supreme Court Upholds “Household Exclusion” Clause in Auto Policies

Florida’s highest court has upheld the so-called “household exclusion” clause in automobile policies that states the injuries suffered by family members residing with an insured driver are not covered under the policy. The Florida Supreme Court in the case of …