CSAA sued for continuing to charge ‘excessive’ premiums throughout pandemic
— August 15, 2022A class action lawsuit has been filed against CSAA, the Northern California AAA Auto Club affiliate,
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GEICO
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UBI interest & insurance carrier switches see uptick in Q2
— August 8, 2022J.D. Power’s Q2 2022 Insurance Loyalty Indicator and Shopping Trends (LIST) report, in collaboration
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As auto insurance rates increase, legislative & nonprofit actions crop up
— August 4, 2022There have been recent legislative and nonprofit actions announced in California and Illinois regarding
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GEICO closes California sales offices, says there will be ‘no effect on claims’
— August 3, 2022GEICO has closed its 38 sales offices in California and laid off “hundreds” of employees,
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Market concentration in auto insurance increases; GEICO, Progressive projected to pass State Farm in 2023
— July 26, 2022Personal auto insurance continues to move toward a “more concentrated” market, with the 10
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Auto insurers’ figures show they pocketed millions in pandemic profits in Illinois
— July 6, 2022Even after providing rebates, auto insurers reaped hundreds of millions of dollars in additional profits
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Report: Auto insurers spent $10B on advertising in 2021
— July 5, 2022Auto insurers spent more than $10 billion on advertising in 2021, an increase of 3% from the previous
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Allstate, GEICO top list of carriers raising auto insurance premiums
— June 7, 2022Allstate and GEICO will each take in nearly $200 million in additional premium nationwide as a result
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Dismissal of class action rate suit against GEICO upheld in New York
— June 3, 2022A federal appeals court has upheld the dismissal of a class action suit against GEICO for charging excessive
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Class action suit accuses GEICO of underpaying ‘tens of thousands’ of total loss claims
— May 25, 2022GEICO is facing a class action suit in Georgia over what the plaintiffs say is the carrier’s underpayment
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