Virginia passes auto insurance consumer protection bill
— April 30, 2024Virginia has passed legislation that requires auto insurers to pay policyholders double the judgment
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auto insurance
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J.D. Power: Insurance rates sparking consumer shopping and switching
— April 18, 2024More consumers were shopping and switching insurance because of rate hikes during Q1, according to a
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Statista: Insurance industry ranks 3rd in lobbying spending in 2023
— March 12, 2024The insurance industry remained a lobbying powerhouse in 2023, only trailing behind the pharmaceutical
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State Farm reports underwriting losses, despite auto lines profitability
— March 5, 2024State Farm’s property and casualty (P&C) group of companies had an underwriting loss of $14.1
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AI solutions for insurers and repair facilities helped CCC grow in 2023
— March 4, 2024CCC’s advancements in AI solutions for insurers and repair facilities helped it end 2023 with $886.5
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As insurers increase rates, more policyholders shop for new plans
— February 26, 2024About 41% of all insured households shopped for insurance at least once in 2023, as consumers carried
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Illinois legislation proposes review process for auto insurance rate increases
— February 23, 2024Two Illinois bills seek to create the Motor Vehicle Insurance Fairness Act, which would create a review
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Travelers Insurance applies for AI software trademark
— February 22, 2024Travelers Companies has filed for a trademark on artificial intelligence (AI) software and applications
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Bad faith auto insurer claims handling would cost double under Virginia bill
— February 15, 2024A Virginia bill has advanced in committee that would require auto insurers to pay double the judgment
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Allstate plans rate hikes in 10 states, restricts business in New Jersey
— February 14, 2024Allstate plans to continue increasing auto insurance rates in at least 10 states in 2024, including New
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