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State Farm is actually giving customers money back. One Maryland household received $385
4+ day, 4+ hour ago (30+ words) WMAR 2 News Baltimore State Farm is actually giving customers money back. One Maryland household received $385...
Can PGR's Telematics Edge Strengthen Its Underwriting Advantage?
5+ day, 1+ hour ago (469+ words) The Progressive Corporation PGR continues to use its extensive driving data and telematics capabilities to improve pricing, risk selection and claims management. Its Snapshot program uses actual driving behavior to help assess individual risk, giving Progressive a valuable data advantage…...
New documents reveal State Farm program to slash storm payouts
6+ day, 1+ hour ago (344+ words) An Oklahoma judge in late August ordered State Farm to release formerly sealed documents as part of a lawsuit, providing an inside look at the company’s claims process in storm-prone states. The backdrop: Homeowners Neil and Lacy West sued State…...
Drivers sue Allstate after insurer allegedly refused to cover full rental car costs
1+ week, 1+ day ago (473+ words) A new class action lawsuit alleges Allstate Property and Casualty Insurance Company promised full rental car reimbursement, then refused to pay the rate it negotiated with its preferred vendor. Plaintiffs Jose Arce and Daniel Jackson claim they were each in…...
Motor insurance gets more personalised as data takes the wheel - The HinduBusinessLine
1+ week, 1+ day ago (286+ words) Motor insurance is increasingly moving away from a one-size-fits-all approach to personalised cover tailoring the premium to the risks specific to the vehicle and policyholder, thanks to a data-driven approach. The personalisation in the own-damage component is visible in the…...
Florida Drivers Saved $3 Billion on Insurance in 2025
1+ week, 2+ day ago (128+ words) Florida policyholders enjoyed significant savings on home and auto insurance throughout 2025, with a new study revealing nearly $3 billion in combined reductions. The savings represent a major shift in the state's insurance market, which has faced years of rising premiums and…...
Floridians Saved Almost $3B on HO and Auto Premiums Last Year, Actuarial Report Finds
1+ week, 4+ day ago (408+ words) Average homeowner insurance rates in Florida did not decline in 2025, but they increased less than 1%, down sharply from the double-digit average increases seen in 2022 and 2023. And auto insurance rates in the state did fall—by 4.1% last year, a marked difference…...
Best Car Insurance in Oklahoma in 2026
1+ week, 4+ day ago (888+ words) Oklahoma residents saw a 69% increase in car insurance costs over five years, one of five states to see such a jump. That's according to May data from Quadrant Information Services, analyzed by U.S. News & World Report, which also found that median…...
AI is reshaping auto insurance decisions as 42% of AI shoppers buy a policy
1+ week, 6+ day ago (491+ words) AI usage is growing across all facets of the car-shopping process, with artificial intelligence now playing a key role in auto insurance decisions and insurers’ own tools emerging as a go-to source for consumers, according to JD Power. First things…...
Unsealed court documents reveal State Farm saved $1.4 billion as weather, roof claims worsened
2+ week, 1+ day ago (1687+ words) State Farm reduced its payouts to policyholders by more than a billion dollars as massive storms tore up the rooftops of houses in Oklahoma, according to company documents released as part of an ongoing series of lawsuits. “This decision reflects…...