Tag: auto insurance

Allstate pursues $305,000 insurance fraud claims in New York lawsuit

Allstate Files Federal Suit Over $305K Alleged No-Fault Medical Equipment Fraud

Allstate sues A to Z Supply Services for over $305,000 in alleged fraudulent medical equipment claims under New York's No-fault system, highlighting challenges in insurance fraud detection and claims oversight.

Michigan Court Revisits No-Fault Benefit Assignments and Rescissions in Sharp v. Tracht

Michigan Court of Appeals clarifies assignment and revocation of No-Fault benefits in Sharp v. Tracht, impacting claims handling and one-year back rule compliance under MCL 500.3145.

Tennessee Ranks Third Nationwide for Fatal Hit-and-Run Crashes, Highlights UM/UIM Coverage Importance

Tennessee ranks third nationwide in fatal hit-and-run crashes, underscoring the critical need for Uninsured and Underinsured Motorist coverage to address compensation gaps in auto insurance policies.

Arkansas Jury Rules for Plaintiffs in Auto Insurance Underpayment Class Action

An Arkansas jury has sided with plaintiffs in a class action against a car insurer accused of underpaying claims, highlighting regulatory and compliance issues in the auto insurance sector.

Florida Insurance Reforms Attract New Property Carriers, Lower Rates in 2024

Florida's recent insurance reforms drive new property insurers into the market, lowering homeowners and auto insurance rates and reducing litigation.

Georgia Lawmakers Investigate High Insurance Costs Amid Fraud and Profit Concerns

Georgia lawmakers probe high insurance premiums driven by fraud, profits, and claims processing amid impacts from Hurricane Helene.

Wisconsin Appeals Court Clarifies Subrogation Rights in Multi-State PIP Claims

The Wisconsin Court of Appeals affirms statutory subrogation rights separate from contractual waivers in multi-state personal injury protection claims, guiding insurers on compliance and claims handling for duplicated PIP benefits.

Mercury Insurance Identifies 2025-26 Electric Vehicles with Lowest Insurance Costs

Mercury Insurance's 2025-26 EV affordability report highlights lowest insurance cost electric vehicles to aid consumer and industry decision-making.

Understanding Flood Damage Coverage and Motor Insurance Add-Ons in U.S. Market

Explore how standard U.S. motor insurance policies address flood-related vehicle damage and the essential add-ons that enhance coverage. Learn key exclusions, claim conditions, and practical risk management tips for flood scenarios.

LexisNexis Reports Strong Auto Insurance Shopping and Rate Trends in Q2 2025

LexisNexis Risk Solutions reveals 9.4% growth in auto insurance shopping and significant rate reductions in Q2 2025, underscoring critical market trends and insurer strategies.