News
Connecticut court says rental car passengers can access uninsured motorist cover
3+ hour, 37+ min ago (427+ words) The Connecticut Supreme Court ruled that when a driver's auto policy extends bodily injury coverage to a rental car, uninsured motorist coverage must also apply to injured passengers in that vehicle, even when those passengers are not named insureds on…...
Illinois pushes auto insurance overhaul amid rising premiums
1+ week, 1+ day ago (524+ words) Auto insurance premiums have climbed hard in recent years, making car ownership less affordable and, for many households, out of reach. Supporters of the Driving Change proposal argue insurers still do not price coverage mainly around how safely people drive....
Sypher Insurance Exchange wins Florida permit as startup insurer targets organic growth
2+ week, 6+ day ago (329+ words) Sypher Insurance Exchange, the startup property insurer backed by the Florida Association of Insurance Agents two years ago, has secured a permit to operate from the Florida Office of Insurance Regulation. The Tampa-based reciprocal now has until mid-May to submit…...
New York auto insurance reform sparks clash between trial lawyers and Hochul
4+ week, 2+ day ago (496+ words) New York's auto insurance reform debate is escalating as Governor Kathy Hochul presses for legislation aimed at curbing litigation linked to vehicle accidents. The proposal has triggered resistance from trial lawyer organizations with strong lobbying presence in Albany. According to…...
California auto insurance rates in 2026 jump over 30% since 2023
1+ mon, 1+ week ago (313+ words) Auto insurance costs are adding to affordability pressures across California, even as rents in the Los Angeles metro area fall to a four-year low and homeownership remains out of reach for many residents. The state's top 10 insurers received approval to…...
Louisiana auto insurance premiums fall 5. 8% as 2025 rates stabilize
1+ mon, 2+ week ago (423+ words) Louisiana Department of Insurance reported a shift in 2025 rate trends after several years of steady premium escalation. Across all lines combined, statewide insurance rates declined by an average of -0. 4% in 2025. From 2021 through 2024, filings produced consistent increases. The reversal is modest....
Progressive issues $1 bn in Florida auto insurance refunds
1+ mon, 2+ week ago (350+ words) Progressive Corp. is issuing close to $1 bn in premium refunds to Florida auto policyholders after regulators approved credits tied to litigation reform savings. Ron De Santis said in October state regulators secured the refunds following declines in litigation expenses across…...
Georgia Insurance Commissioner says Allstate rate cut to save drivers $17. 7 mn in 2026
2+ mon, 4+ day ago (156+ words) The Office of the Insurance and Safety Fire Commissioner has announced that Georgia drivers are expected to save approximately $17. 7 mn in 2026 after Allstate North American Insurance Company filed to lower its auto insurance rates. According to Insurance and Safety Fire…...
Full-coverage auto insurance premiums in the US drop 6% in 2025 after a 46% surge
2+ mon, 4+ day ago (425+ words) After two bruising years, auto insurance pricing turned. The average annual cost of full-coverage coverage fell 6% in 2025 to $2, 144, according to Insurify. US auto insurance rates declined in 39 states. Eight posted drops of at least 15%. The shift reverses a 46% run-up between…...
Insurify launches first car insurance comparison app on Chat GPT
2+ mon, 4+ day ago (391+ words) US-based online insurance marketplace Insurify has launched what it describes as the insurance industry's first app within Chat GPT, allowing users to research and compare car insurance policies directly inside the AI platform. The app is among the first 100 officially…...