auto insurance affordability News

Louisiana Lawmakers Pass Auto Insurance Reform Bills to Boost Market Competition

Louisiana lawmakers passed a series of auto insurance reform bills that aim to bring availability and competition to the market by cutting down on excessive verdicts and settlements. Legislators passed four bills endorsed by Insurance Commissioner Tim Temple that he …

Insurers Find Fault With Report Over How Auto Insurers Treat No-Fault Accidents

A national consumer group has charged that innocent drivers in most states are being forced to pay more for auto insurance for accidents in which they are not at fault. The report from the Consumer Federation of America (CFA) further …

Auto Insurance Affordability Improves in Most States: IRC

Personal auto insurance has become more affordable over time for all income groups, including low-to-moderate income groups, and in most states, according to a report from the Insurance Research Council (IRC). The industry group says the study also shows that …

Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability

The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access to affordable auto insurance. On April 10, the Federal Insurance Office, citing its authority under the Dodd-Frank act to monitor …