Most Recent Auto Insurance News in State Insurance News

  • Hand-held Ban Useless?

    by Jeanny Hopper
    Hand-held Ban Useless?

    Drivers are always told to keep their eyes on the road. Getting distracted, even by seconds, can cause car crashes or other accidents and that’s a common fact. Another fact is that distraction can come from our best buddy devices: the hand-held’s. Cellular phones and hand-held devices play an important part of our lives. They bridge communication gaps, they provide timely messages and they provide entertainment. However, why are they the deadliest distractions on the roads? Bans on texting and talking while driving are starting to crawl in many states in the country as a response to preventing car crashes. … (more) July 21, 2010

  • Auto Insurance Rates Drop

    by Jeanny Hopper
    Auto Insurance Rates Drop

    Auto insurance is becoming more of a necessity than requirement. With the numbers of deaths and injury on the roads, it is starting become clearer that every car owner and driver must avail of auto insurance. But with the current economic situation, it seems that auto insurance rates have dropped. The variables of economics have come into play and produced a conclusion that the cost of repairs and gas have caused drivers not to avail of these cost-adding policies. Drivers are forced to commute and leave their cars home when going to work or school to cut costs. This is … (more) July 18, 2010

  • Pennsylvania Supreme Court overturns Conahan ruling of an underinsured motorist arbitration case

    by Jeanny Hopper
    Pennsylvania Supreme Court overturns Conahan ruling of an underinsured motorist arbitration case

    The Pennsylvania state Supreme Court has returned a controversial ruling that had been issued by corrupt former Luzerne County judge Michael Conahan to decide if a $500, 000 awards should be restored in an underinsured motorist arbitration case. This ruling was issued in the Forester Vanderhoff vs. Harleysville Insurance case last Wednesday, and it reinstates the 2004 ruling that had been issued by Conahan that allowed the case to be brought to arbitration. This is one of the many underinsured motorist arbitration rulings that is part of the corruption probe that is ongoing in the Luzerne County, with federal authorities … (more) July 17, 2010

  • 6 Companies Top Vehicle Service Contract and Auto Insurance in the U.S.

    by Jeanny Hopper
    6 Companies Top Vehicle Service Contract and Auto Insurance in the U.S.

    Several Personal Auto Insurances in U.S. is dominated by six companies. Accordingly these six companies top the Vehicle Service Contracts industry and those offering Auto Insurance policies. The six companies are the Allstate, State Farm, GEICO, Farmers, Progressive, and Nationwide. They were named after their good performance in their own field of specialization with it comes to their service rendered to their customers. State Farm is a mutual company possessed by its policy holder accounts for the highest share with 17.8%. AllState which sells insurance and non-insurance products as well is behind with 11%. GEICO’s share is 7.7% which earned … (more) July 13, 2010

  • GEICO Presents Its New Officers

    by Jeanny Hopper
    GEICO Presents Its New Officers

    GEICO or the Government Employee Insurance Company is an insurance corporation from the Berkshire Hathaway group of companies. It is known to be one of the largest private insurance companies in the nation. It is currently holding vehicular insurance policies for about 9 million American citizens and is holding about 16 million vehicles insured. Recently, the Government Employee Insurance Company or the GEICO has promoted and announced four new officers in various departments. It has informed the public that Terry Jenkins had now became the vice president and is responsible for the real estate and facilities management. Steve Otrosky and … (more) July 11, 2010

  • Tampa Ranked 2nd in Staged Accidents, NCIB Shocked

    by Jeanny Hopper
    Tampa Ranked 2nd in Staged Accidents, NCIB Shocked

    Tampa—Florida frauds have been reported to just keep on “popping” from all over the state. Frauds are most likely supplied by the country’s state of great recession and economic depression since auto insurance frauds are quite the quickest way of earning money these days, despite the fact that it is known to be highly risky. In fact, reports to Ron Poindexter, the president of the National Insurance Crime Bureau or the organization known simply as NCIB, claim that Florida has been flooded with thousands of people who purposely bang their vehicles on walls, trees, posts and other possible objects that … (more) July 9, 2010

  • GEICO Hunts for Fraud No-Claims Cases in NY

    by Jeanny Hopper
    GEICO Hunts for Fraud No-Claims Cases in NY

    The Government Employee Insurance Company, otherwise known as GEICO, has filed a court case against no-claims suspects which operated in Kew Garden in New York last June 11. In the claim, suspects ask for radiological services payment which they forwarded to a medical professional corporation that has been charged to be clandestinely held and managed by nonmedical people. The complaint reported on the United States District Court for the Eastern District of New York was a $1.8 million worth of compensation and treble damages as set upon by the Federal RICO statue and the communal law of New York. They … (more) July 7, 2010

  • Intentional Clashes Increase The Number Of Insurance Frauds In Florida

    by Jeanny Hopper
    Intentional Clashes Increase The Number Of Insurance Frauds In Florida

    One of the auto industry groups has said that an increasing number of policy holders in Florida are crashing their card on purpose so they can file for medical claims. This has led to an unprecedented increase in the number of insurance frauds over the past few months. The National Insurance Crime Bureau, in its statement on 28th June, 2010, said that in the year 2009, 58% of the accidents were staged. In the city of Tampa alone these accidents quadrupled and stood at a whooping 487. Joe Wehrle, the President of NICB said that initially it was just the … (more) July 3, 2010

  • Sneak peak at Auto Insurance scenario in Wisconsin

    by Jeanny Hopper
    Sneak peak at Auto Insurance scenario in Wisconsin

    Telling people what the auto insurance law states is one of the easiest things to do. Our legislators have penned down an extensive set of rules and regulations and even published those so all citizens can read through them. The toughest part is living with the consequences of the laws that have been drafted.  All states of the United States, excluding three have set the minimal requirements for the auto insurance policy in order to it to be considered legally abiding. These states also have a law that states that an auto insurance policy is a must for people who … (more) July 2, 2010

  • Michigan Auto Insurance Customers Need A Chance To Tailor Auto Insurance Policy

    by Jeanny Hopper
    Michigan Auto Insurance Customers Need A Chance To Tailor Auto Insurance Policy

    Would you like to live in a place where you have to mandatorily purchase champagne worth $250 when you go out to dine? Of course, not! However, the people of Missouri are biting their teeth and living through this craziness. The auto insurance providers in this state have to offer only the costliest insurance policies to people looking for policies. The rule by the government coupled with other growing concerns like the high unemployment rate and dwindling economy has made life tough for the citizens in this state. Though the people do get the option to claim to the maximum … (more) June 29, 2010

  • States Require Car Insurance

    by Jeanny Hopper
    States Require Car Insurance

    Statistics show a rise in the rate of traffic accidents even though people drive fewer miles. With this scenario, forty-seven states require at least have some kind of car insurance. A driver and a car owner must have knowledge at least about the law that requires insurance. Auto insurance takes some of the pain out of an accident and pays all the big bills, including medical expenses. In all but three US states, everyone is required to carry a minimum level of liability insurance. Failure to insure is usually a criminal offense. In some states, the courts can confiscate your … (more) June 25, 2010

  • Optional Portions of Auto Policy Now Covers Flood-Caused Damages

    by Jeanny Hopper
    Optional Portions of Auto Policy Now Covers Flood-Caused Damages

    According to the Insurance Information Institute (III) drivers whose vehicles get caught in floodwater can file a claim with their auto insurer as long as they have collision and comprehensive coverage.  Michael Burry, Vice President of Media Relations said that it is optional to avail an auto insurance according to the policy or depending on the state you are residing, for some may think that it may also increase the cost of insuring a car. However, one must consider also that it will also cost more to repair a vehicle soak in a flash flood especially when the damage is … (more) June 16, 2010

  • Guide To Acquiring Your Own Car Insurance Now Available

    by Jeanny Hopper
    Guide To Acquiring Your Own Car Insurance Now Available

    Acquiring car insurance for your vehicle is probably one of the most important things you as a driver must do. On the other hand, car insurance may also elicit al lot of cash from your pocket mainly for the reason; you have to pay for the premiums in exchange for the protection and coverage they offer you for possible loss and liabilities you may encounter in the future. It is good for you to remember that as a driver, the substantial amounts of cash you have paid to your auto insurance companies can be claimed in case you involve yourself … (more) June 15, 2010

  • Best Premium Offers Now Online

    by Jeanny Hopper
    Best Premium Offers Now Online

    The amount paid or payable by a buyer, often in installments, for an insurance policy are callled premiums. Different insurance companies base on statistics charge their customers who are policyholders the value of the price of the premiums. That is the very reason why prices of the premiums as payments vary. Some of the determinants of bases of premium charges are: gender, age, marital status, years of driving experience, classification of vehicle, distance the vehicle travels and car specifications. These aforementioned examples are the usual factors that determine the value of the price of the premiums; a buyer has to … (more) June 14, 2010

  • New online systems track outlaws

    by Jeanny Hopper
    New online systems track outlaws

    Uninsured motorists can be tracked down by the new online systems. It is a pressing issue for the state to know how many uninsured drivers are on the road. According to data compiled over the past decade by the Insurance Research Council, about one in seven drivers or vehicle owners have no insurance. Consider this situation, a party that has no insurance when met an accident, the injured parties will shoulder the burden. Loren McGlade, the chairman of insurance companies stated that some states use random sampling where they send a list of vehicle to insurance companies and confirm whether … (more) June 13, 2010

  • Auto Insurance Offers Discount

    by Jeanny Hopper
    Auto Insurance Offers Discount

    Few realize the long list of discounts available in auto insurance. A driver or a car owner can save a significant amount of money by just being proactive. Up to 25% to 30% off the price of your car insurance is the discount offered.  It is practical to take in consideration the cost of insurance whenever you are in the market for vehicle, whether new or used. In acquiring insurance, it is best to note that the safer your vehicle is the cheaper your insurance will be. Some vehicles have installed safety features that qualify you for discounts off. Some … (more) June 11, 2010

  • Auto Insurance in Wisconsin

    by Jeanny Hopper
    Auto Insurance in Wisconsin

    Determining and defining the meaning of law on a personal perspective is easy. In common parlance, it is understood by many as to what the legislatures write down and publish for the public to read and follow however, living on its consequences is not as easy as one two three.   One part of the different laws that are enforced in the US and to different nations across the globe are mandatory insurance levels to be enforced to all private citizens who are using their vehicles on the road. Applicable to all and without no exception-almost without exception,  all states now … (more) June 9, 2010