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News
Allstate wins jury trial right in New Jersey insurance fraud case
9+ hour, 46+ min ago (730+ words) New Jersey’s Supreme Court has ruled that Allstate Insurance has the right to a jury trial in fraud and conspiracy claims against more than 30 medical providers under the state’s Insurance Fraud Prevention Act and Anti-Racketeering Act. The court also found…...
California telematics bill could reshape auto insurance pricing
11+ hour, 6+ min ago (690+ words) California lawmakers are weighing a bill that would let auto insurers monitor driver behavior in exchange for possible premium discounts, a change that would cut into one of the state’s older insurance protections and has drawn opposition from regulators, privacy…...
Mile Auto acquires Insurance House to expand pay-per-mile auto insurance
1+ week, 6+ hour ago (569+ words) Mile Auto, an Atlanta-based MGA focused on pay-per-mile auto insurance, acquired The Insurance House. The deal took effect on July 1, 2026, according to Beinsure. The combined group now writes nearly $100 mn in annual premium. It serves more than 55,000 policyholders and works…...
New York auto insurance reforms may cut premiums
1+ mon, 2+ week ago (332+ words) New York drivers may see lower auto insurance premiums after state lawmakers approved a package of reforms backed by Gov. Kathy Hochul. The measures form part of the recently passed state budget and target fraud, insurer conduct, and consumer protection…...
Pennsylvania AG reaches GEICO deal over AI-linked policy review
1+ mon, 3+ week ago (248+ words) Pennsylvania Attorney General Dave Sunday has announced an agreement with GEICO after an investigation into a policyholder complaint. The case involved a Philadelphia County woman who allegedly lost auto insurance after a review that included AI features. Sunday said consumers…...
US auto insurance shopping cools as policy growth slows in Q1 2026
2+ mon, 1+ week ago (240+ words) LexisNexis says US auto insurance shopping rose 3.2% in Q1 2026, while new policy growth slowed to 3.6% after hotter activity...
Illinois Senate passes auto insurance rate notice Bill 714 for drivers
2+ mon, 1+ week ago (280+ words) The Illinois Senate passed legislation Wednesday aimed at lowering auto insurance costs for consumers. Senate Bill 714 would restrict insurers from raising auto insurance premiums by more than 10% without notifying policyholders before renewal or an anniversary date. The Illinois Department of…...
BYD picks bolttech for embedded EV insurance in Europe
2+ mon, 1+ week ago (530+ words) BYD appointed bolttech as its preferred strategic partner for embedded insurance across its main European markets. It gives BYD customers access to motor insurance during the vehicle purchase and finance process, both online and through dealerships. The partnership has already…...
Insurtech Root posts record Q1 net income of $35.9 mn as AI automation expands
2+ mon, 2+ week ago (475+ words) Insurtech Root reported first-quarter 2026 net income of $35.9 mn, the strongest quarterly result in the company’s history, compared with $18.4 mn during the same period last year. Combined ratio improved to 91.4 in Q1 from 95.6 a year earlier. Policies in force increased 9% year over…...
New York $268 bn budget plan includes auto insurance reforms and consumer protections
2+ mon, 2+ week ago (953+ words) New York Governor Kathy Hochul said the state reached a 2026-2027 budget agreement totaling about $268 bn, though legislative leaders disputed whether the deal had fully closed. The budget was due by April 1, but lawmakers passed nine temporary extensions to keep state…...