Insurers News

Don’t Emulate How the Big Auto Insurers Sell

Market Auto Discounts Differently It’s pretty safe to say that money isn’t everything. Your health, happiness and, of course, golf are all more important. A lot more important, right? Well, maybe not if you glance at the pile of auto …

Mass. AG Questions Insurer’s High Risk Insurance Auto Rates

Massachusetts Attorney General Martha Coakley wants a public hearing to review the auto insurance rates of a new company entering the market in Massachusetts. Occidental Fire and Casualty Insurance Co. of North Carolina is asking to charge Massachusetts drivers rates …

Top 5 Reasons Insurance Consumers File Complaints Against Insurers

California Insurers Association Warns Against Out-Of-Towner Accident Tax

The Association of California Insurance Companies is warning Californians about a trend in the state by local governments to impose taxes on out-of-towners who are in an auto accident. According to ACIC, because the tax does not regard whose fault …

Insurer Offers Bluetooth Headset in Client Referral Offer

Western region auto insurer Capital Insurance Group (CIG) has launched a unique promotion to increase its client referral business. The company is offering drivers with CIG auto insurance a Bluetooth headset for free if they recommend a friend to the …

New York Tries First-Ever Sale of Failed Insurer to Private Investors

New York state will try to sell Midland Insurance, which is being liquidated with almost $1 billion of assets and $2.9 billion of liabilities, in the first-ever sale to private investors, the state insurance chief said Wednesday. Midland was both …

12 Michigan Auto Insurers Pledge Rate Freeze

Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far, although most of the state’s largest insurer have not consented to the freeze. In a Feb. 3 order, Granholm asked …

Texas Insurer Group Takes Issue with NAIC Homeowner Report

The National Association of Insurance Commissioner recently issued its annual report on homeowners insurance. The report, based on figures from 2006, the latest year from which data is available, ranks Texas as having the highest homeowners rates in the nation. …

Oregon Bill Could Drive Up Insurance Costs, Insurers Claim

The American Insurance Association (AIA), National Association of Mutual Insurance Companies (NAMIC) and Property Casualty Insurers Association of America (PCI) are reaching out to Oregon legislators to highlight what it calls the “dangers” of HB 2791, which the associaitons believe …

Wisconsin Insurer Found Not Liable for $1.5M in Group Home Death

A Wisconsin insurance company doesn’t have to pay $1.5 million to the estate of a developmentally disabled man who died after being left in a bathtub at a county group home. The District 4 Court of Appeals says Wisconsin County …