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News
New Insurance Affordability Index Lists Repair Costs Among Drivers of Premium Pressure
1+ hour, 38+ min ago (310+ words) New index lists repair cost trends among several factors Triple-I says contribute to premium pressure, a data point relevant to shops navigating cost conversations with insurers. A new data tool from the Insurance Information Institute (Triple-I) lists vehicle repair cost…...
Grosse Pointe Park extends contract with insurance provider
4+ hour, 20+ min ago (395+ words) GROSSE POINTE PARK — Grosse Pointe Park is staying with its general liability and property insurance provider for at least another year. The Grosse Pointe Park City Council voted unanimously Aug. 10 in favor of renewing its contract with Mount Clemens-based Nickel…...
Berkeley Springs insurance company picked for national industry recognition
4+ hour, 37+ min ago (83+ words) Morgan Messenger Spotlighting customer service and adoption of new technology to streamline operations, the Insurance Business Review has chosen RWR WV as their Top Business Insurance Agency for 2026. Gracing the front cover of the insurance trade publication is some of…...
Automobile Insurance Rate Board report aims to highlight pros of Alberta’s care-first reform
9+ hour, 14+ min ago (590+ words) ‘Trial lawyers continue to play a costly role in the current system’: Insurance Bureau of Canada VP In its recently released 2026 Market and Trends Report, Alberta’s Automobile Insurance Rate Board (AIRB) highlighted auto insurance affordability as a concern, with vehicle…...
Average Car Insurance Rates as of September 2026
7+ hour, 43+ min ago (1059+ words) Published September 8, 2026 at 12:00 PM PDT | Reading time: 4 minutes Car insurance rates have largely remained stable throughout the summer, and that trend continued in August. The national average rate for full-coverage car insurance held steady at $187 per month through August, according…...
New documents reveal State Farm program to slash storm payouts
6+ hour, 41+ min 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…...
3 Insurers to Watch as Competition in Personal Auto Intensifies
7+ hour, 23+ min ago (337+ words) The Globe and Mail 3 Insurers to Watch as Competition in Personal Auto Intensifies The U.S. insurance industry is entering a transition phase. The extraordinary earnings tailwinds from higher pricing, favorable reserve development and strong investment income are beginning to fade, while…...
Root and Carvana Extend Embedded Insurance Agreement Through 2028
11+ hour, 3+ min ago (123+ words) CollisionWeek Root Inc. (NASDAQ: ROOT) has extended its exclusive embedded insurance partnership with online used-vehicle retailer Carvana Co. (NYSE: CVNA) to at least August 2028, the companies announced Sept. 1. The program has sold more than 200,000 policies since launching in 2022. The product,…...
Florida home, auto premiums drop nearly $3 billion
10+ hour, 42+ min ago (279+ words) In 2025, homeowners rate increases slowed to less than 1% and auto rates fell 4.1%, while litigation and claim-handling costs also declined, according to a new report commissioned by American Property Casualty Insurance Association. Florida homeowners and drivers paid nearly $3 billion less for…...
Drivers in these 10 states spend the most to own a car. See what it costs
15+ hour, 13+ min ago (368+ words) Car shoppers are paying more than ever for new models, and after they make the purchase, Americans are spending record amounts on the upkeep of those vehicles. According to a new study released by Insurify, Americans are spending $5,851 per year…...