Most Recent Auto Insurance News in State Insurance News

• Car collisions involving deer may be less frequent but far more expensive

  by Richard Burton
  

  A motorist who was driving home with the kids after school had a narrow miss after having to brake suddenly in order to avoid a herd of deer from getting hit. They were just crossing the road after dusk, and although the kids were excited to see this sight, the motorist was only too relieved for having been able to stop the car in time. These are the peak months for deer-car collisions and October and November are famous for these collisions. This is due to the fact that fall is the mating season, so these animals are always on … (more) October 26, 2011

• Rise in auto insurance fraud – economy is partly to blame state experts

  by Richard Burton
  

  Kern County has seen a sharp rise in auto insurance fraud and this is due to the economic downturn state the local law enforcement agencies. Experts claim that auto insurance fraud is pushing up coverage costs, but criminals seem to be finding innovative ways to cheat auto insurance companies to claim the money. Michael Hayward states that this is a bad crime and Kern County is seeing more of it these days. He is the deputy district attorney in Kern County and is involved in the prosecution of auto insurance fraud. Although auto insurance fraud is not something new, there … (more) October 22, 2011

• Bid to save Michigan’s no-fault system by various groups

  by Richard Burton
  

  Most people seem to be proud of the 33-year history in Michigan’s no-fault insurance, where people of all ranks were assured of state-of-the-art coverage in the event they are involved in a catastrophic accident that may change their lives forever. They would get everything from including the best medical care, wheelchairs, rehabilitation, modified vans, housing, medication, as well as attendant care. At present, it costs motorists around $145 per year to pay for this non-profit fund that is solvent and has certain unique features. All along most motorists in the state of Michigan thought that they will never feel the … (more) October 19, 2011

• Auto no-fault debate – Michigan voters could be cut out

  by Richard Burton
  

  Michigan’s no-fault insurance law is likely to see dramatic changes as people gathered at the Capitol this week to speak in favor or against the proposed changes. Hundreds gathered at the Capitol to voice their opinion. The majority of people were in favor of retaining the state’s lifetime medical coverage for those who suffered injuries in motor vehicle accidents. In case the law is passed and if the people are not in favor of it, then they could challenge the same with a referendum as there are provisions according to the Michigan Constitution. However, the Republican sponsors seem to have … (more) October 17, 2011

• Grants of $23 million given to California DA’s to battle auto insurance fraud

  by Richard Burton
  

  Grants of about $23 Million would be given to the District Attorney’s offices in and around the state of California to battle auto insurance fraud. Maria Ramirez who heads the division has stated that their department has literally been ‘operating on fumes’ due to the scaled-down budgets as well as the rise in crime. She has a tough job fighting insurance fraud in one of the most populous counties in the state. This announcement seems to have brought in a lot of cheer to her department. Insurance Commissioner, Dave Jones had announced funds, which totaled to $15.2 million and this … (more) October 12, 2011

• Grants of $23m have been given to California DA’s to tackle auto insurance fraud

  by Richard Burton
  

  The District Attorney’s offices around the state of California will now get grants of about $23 million to tackle the auto insurance fraud. Maria Ramirez has a tough job fighting auto insurance fraud in the most populous county in the state. Her division had been going through a lot of hurdles due to the rise in crime and the scaled-down government budgets. Hence, this announcement brought in a lot of cheer. Dave Jones, Insurance Commissioner in the state announced funds that totaled to $15.2 million. This was distributed to around 35 counties as part of the regular auto insurance fraud … (more) October 9, 2011

• Proposed changes in auto insurance likely to be debated in Michigan legislature

  by Richard Burton
  

  The auto insurance system in Michigan is quite unique and this is a privilege that they have enjoyed for quite some time now. However, proposals have been made to change the auto insurance system in Michigan and that does not seem to have gone down too well with some people. This issue is likely to be debated in the Michigan Legislature. Michigan is the only state that mandates unlimited coverage for individuals who suffer catastrophic injuries in accidents. This is the only state in the US where they follow this system. Now, proposals are being made to change this system … (more) October 7, 2011

• Lawmakers in Michigan trying hard to exempt insurance claims resulting from use of medical marijuana

  by Richard Burton
  

  None of the companies that offer health insurance policies cover medical marijuana cost. If the lawmakers in Michigan get their way, even the auto insurance companies in this state will not cover the cost of treatment for accidents caused due to use of medical marijuana. The Senate Judiciary committee of this state unanimously voted to pass the law the prohibits auto insurance providers from paying out claims for mishaps that are related to usage of medical marijuana. Insurance Institute of Michigan’s executive director, Peter Kuhnmuench, has said that the response was really surprising. Most of the auto insurance companies in … (more) October 4, 2011

• Florida County takes measures to curb auto insurance fraud

  by Richard Burton
  

  Florida is one of the many states in the United States that is reeling under the problem of auto insurance frauds. Despite strict checks in place, there has been a consistent rise in the number of frauds being reported in the state. Though the state government is still contemplating on the various measures that it can implement to tackle this fraud, one frustrated county in the state has decided to go ahead and implemented a law to curb this menace. While the state government is trying to fix the loopholes in the no-fault insurance law, this county has passed an … (more) October 3, 2011

• Auto insurance providers fined by insurance regulators in the state of Washington

  by Richard Burton
  

  Mike Kreidler, the insurance commissioner in the state of Washington, recently announced levying fine on auto insurance, home insurance and other insurance policies for violating various laws set down by the state government. The total fine amount totals to a little over $1 million till date. Of the many violations by these insurance providers, the main ones are improper advertising, unapproved rates and failure to offer young children health care coverage. Also, Kreidler has requested all the residents of the state to reach out to the state insurance department in case they need any assistance in regard to the complaints … (more) October 2, 2011

• Auto insurers in Michigan keen on controlling the rising medical costs in the state

  by Richard Burton
  

  All the auto insurance providers in Michigan are keen on making changes to the no-fault system in the state that has been in existence for over two decades now. This need, they attribute, to the increasing cost of medical facilities in the state. Insurance Institute Of Michigan’s executive director, Peter Kuhnmuench, said that the no-fault auto insurance law in the state has worked without any concerns till date, the burgeoning costs of medical facilities in the state is calling for a  change to this law to curb this before things roll out of control. This law was brought into implementation … (more) September 30, 2011

• Michigan auto insurance premiums can be lowered with optimum level of medi cover

  by Richard Burton
  

  The no-fault auto insurance law in the state of Michigan entitles the person with catastrophic injury to claim lifelong benefits for medical expenses and rehabilitation costs. However, with the increasing cost of availing medical facilities it will be very tough for many residents of the state to be able to avail this policy. Over the last ten years, the cost of availing medical facilities has upped the average of the PIP claims by at least 166%. The cost that stood at $13,617 in the year 2000 has now risen to $36,245 in the year 2010. Through these years, the Catastrophic … (more) September 28, 2011

• Changes in auto insurance would be debated in Michigan legislature

  by Richard Burton
  

  Michigan has always boasted of a unique auto insurance system when compared to the rest of the states. However, there are proposals to bring about some changes to this system. This would be a hot topic for discussion in the Michigan Legislature. Michigan is the only state in the US that provides unlimited medical coverage for those who are seriously injured in motor vehicle accidents. However, if the proposed changes come into effect, all of that is bound to change. Motorists will then have an option of choosing a less expensive insurance coverage where they would only get limited PIP … (more) September 27, 2011

• 25% of the drivers in the state of Oklahoma driving without auto insurance

  by Richard Burton
  

  The Insurance Research Council is a body that regularly conducts surveys to find out the most recent happenings in the world of auto insurance and compile the results for comparative analysis at a later time. One of the latest surveys conducted by this council has revealed that close to 25 percent of the drivers in the state of Oklahoma do not have a valid auto insurance policy. These figures are a cause of concern in the industry circles because of the impact it can have not just on the auto insurance providers, but also those people who actually have a … (more) September 25, 2011

• Michigan residents not happy with the proposed changes to the no-fault auto insurance

  by Richard Burton
  

  Michigan is one of the few states in the country which has a high effective no fault car law. This law is so functional that it serves a model for other states that would like to bring this into effect. However, despite the fact that this law is highly popular, Michigan lawmakers are in a hurry to make changes, citing the fact that it will reduce overall cost. The residents are crying out loud against this move because the law is not defective for it to be repaired. The No Fault law in Michigan has a privately funded system to … (more) September 22, 2011

• Auto insurance providers increasing coverage premiums in Texas

  by Richard Burton
  

  Most of the major auto insurance providers in the state of Texas are considering increasing the premiums for the car insurance policies. This, they say, is being done due to the losses sustained and the revised liability limits that can into implementation early this year. Every state in the country has a set of minimum liability that has to be covered by every company that offers auto insurance coverage in the state. These minimums vary across the states and can be revised if deemed necessary. Texas is one of the states that have brought about some new minimum liability rules … (more) September 21, 2011

• Michigan legislature likely to debate on changes in auto insurance

  by Richard Burton
  

  Michigan has a unique auto insurance system and changes in this system of coverage for people who are injured in accidents, is likely to come up for debate in the Michigan Legislature. As of now, Michigan is the only state in the whole of US, which mandates unlimited coverage for those who have suffered catastrophic injuries in a motor vehicle accident. Currently, there are proposals to offer auto insurance that is less expensive in exchange for limited PIP coverage. Those who are in support of bringing about this change (including auto insurance providers themselves) state that this would help motorists … (more) September 20, 2011