Tag: auto insurance

Chicago Pedestrian Crash at Belmont and Pulaski Highlights Winter Visibility and Yielding Duties

A Chicago pedestrian crash at Belmont and Pulaski underscores Illinois laws on driver visibility, pedestrian right-of-way, and winter road safety. Analysis for insurance and legal professionals.

Comprehensive Auto Insurance Key in Washington Flood Vehicle Damage Claims

Washington flooding highlights importance of comprehensive auto insurance for flood-damaged vehicles. Key insights on claims, repairs, and coverage limits for insurance professionals.

Long Island Leaders Demand Action on Rising Auto Insurance and Affordability Crisis

Long Island community leaders call for urgent New York State reforms to address soaring auto insurance premiums and affordability challenges affecting working families. Anti-fraud measures and policy actions are urged for 2026 legislative session.

Michigan Auto Insurance Reform Cuts Costs by $357 Per Vehicle

Michigan's 2019 auto insurance reform led to $357 average savings per vehicle, reduced uninsured motorist rates, and adjustments in PIP coverage. The reform's impact continues to shape Michigan's insurance market.

State Farm Louisiana Insurance Rates: Auto Drop 5.9%, Homeowners Rise 9.7% in 2026

Louisiana Insurance Commissioner approves State Farm’s 2026 rate changes: 5.9% average auto insurance decrease and 9.7% homeowners insurance increase, reflecting hurricane risk and claim trends.

DBRS Morningstar Maintains Neutral Outlook for Canada P&C Insurance in 2026

DBRS Morningstar keeps a neutral outlook for Canada's property and casualty insurance sector in 2026 amid underwriting discipline, competitive pricing, regulatory changes, and climate-related risks, with easing reinsurance costs improving insurer resilience.

DLC Group Partners with Sonnet Insurance to Integrate Home and Auto Coverage into Mortgage Platform

DLC Group and Sonnet Insurance launch a referral partnership integrating home and auto insurance into the Velocity mortgage platform, enhancing compliance and customer experience.

U.S. Collision Repair Shops Adapt to Auto Insurance Claims Declines in 2024

Collision repair shops across the U.S. are adjusting to a 3%-5% decline in auto insurance claims in 2024 through staffing cuts, new service lines, enhanced marketing, and insurer partnerships to sustain profitability amid market fluctuations.

Impact of Vehicle Theft on Auto Insurance Premiums and Risk Management

Explore how rising vehicle theft rates, particularly in North Carolina and other top states, impact auto insurance premiums and claims management strategies.

Colorado Insurance Premiums High Due to State Laws and Litigation Risks

Colorado faces some of the highest auto and home insurance premiums in the U.S., driven by rising repair costs and state laws that encourage prolonged litigation. Key legal reforms could reduce costs but face opposition.