Auto insurer Safety Insurance Company agreed to pay more than $200,000 to settle allegations that it overcharged hundreds of inexperienced drivers by failing to reduce premiums as consumers gained additional years of driving experience. The settlement was announced Tuesday by …
Losses from previous storms are helping to drive up New Jersey’s auto insurance rates, which are already the highest in the nation. The Record newspaper reports the state approved increases for 26 insurance companies this year, including top insurers Allstate, …
More than 500 BMWs, Cadillacs, Toyotas and other vehicles damaged and towed during Superstorm Sandy remain unclaimed and will be auctioned off next month, New York City officials said. The city is working with auction house David R. Maltz in …
Prosecutors say a veteran Newark, N.J., police officer has been indicted on insurance fraud charges. Johnathan Taylor faces charges of conspiracy, aggravated arson and insurance fraud in the indictment handed up by an Essex County grand jury. It was made …
Massachusetts regulators said 10,729 consumers had contacted the state’s Office of Consumer Affairs and Business Regulation and its insurance division in 2012 with questions and complaints regarding their auto insurance, making it the top consumer issue for the agency last …
Authorities announced Monday that a central New Jersey chiropractor was sentenced to state prison for fraudulently obtaining more than $650,000 by illegally using “runners” to recruit auto accident patients to his chiropractic businesses. New Jersey Attorney General Jeffrey Chiesa announced …
Vermont’s Department of Financial Regulation announced on March 27 that Horace Mann Insurance Co. and Horace Mann Property and Casualty Insurance Co. has paid $8,993 in restitution to Vermont customers whose auto insurance claims were not evaluated properly. The department …
Four auto insurers have settled allegations that they overcharged Massachusetts consumers relating to auto insurance surcharges that were overturned by the state’s Board of Appeal, or otherwise removed from state driving records, the state’s attorney general Martha Coakley announced Thursday. …
Car thefts in Massachusetts have dropped by 88 percent since the mid-1970s, when the state had the dubious distinction of being the country’s car theft capital.Insurance experts and law enforcement officials credit the dramatic drop to antitheft features, from transponder …
The number of New York City traffic fatalities is on the rise.Officials say 274 people died in traffic-related deaths in 2012. That’s up from 245 a year earlier and the most since 2008.
