News
Progressive issues $1 bn in Florida auto insurance refunds
8+ hour, 5+ min 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 DeSantis said in October state regulators secured the refunds following declines in litigation expenses across Florida's…...
Full-coverage auto insurance premiums in the US drop 6% in 2025 after a 46% surge
1+ week, 6+ 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…...
Georgia Insurance Commissioner says Allstate rate cut to save drivers $17.7 mn in 2026
1+ week, 6+ 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…...
Insurify launches first car insurance comparison app on ChatGPT
2+ week, 33+ min ago (391+ words) US-based online insurance marketplace Insurify has launched what it describes as the insurance industry's first app within ChatGPT, allowing users to research and compare car insurance policies directly inside the AI platform. The app is among the first 100 officially released…...
🇺🇸 New York targets auto insurance fraud as premiums near $4,000
3+ week, 1+ day ago (445+ words) New York State is moving to rein in auto insurance costs, leaning on fraud enforcement and tighter payout rules aimed at drivers who abuse the system. Kathy Hochul, the 57th governor of New York, said the state plans multiple actions to…...
Insurtech Kin rolls out auto cover in Florida and Texas to enable bundling
4+ week, 21+ hour ago (479+ words) Kin Insurance, a US-based digital home insurance company that provides direct-to-consumer coverage through an online platform, has launched auto insurance for its home insurance customers in Florida and Texas, opening the door to bundled coverage in two of the most…...
US insurers back move to scrap Federal Insurance Office
1+ mon, 4+ day ago (519+ words) US insurance commissioners and industry trade groups are backing renewed efforts to dismantle the Federal Insurance Office, reopening a long-running fight over who controls insurance oversight. The bill would eliminate the FIO and reinforce the state-centric regulatory framework established under…...
Illinois Bill 4373 sharpens limits on auto glass insurance claims as ADAS rules expand
1+ mon, 1+ week ago (369+ words) Lawmakers in Illinois are considering legislation that would reshape how auto glass claims and repairs operate, updating assignment-of-rights rules, adding new obligations for repair shops, and revising definitions to reflect driver-assistance technology. House Bill 4373 would prohibit property and casualty insurance…...
Auto insurance premiums in California continue to climb
1+ mon, 1+ week ago (267+ words) Auto insurance premiums in California continue to climb, placing the state third nationwide for rate increases despite a broader national slowdown in pricing. A new national report shows California premiums rising by 6.13% in 2026. That marks a sharp drop from last…...
Ohio House Bill 636 would force OEM parts option into auto insurance policies
1+ mon, 3+ week ago (630+ words) Ohio lawmakers have introduced legislation that would require auto insurers to offer policyholders the option to use OEM replacement parts. The proposal lands as repair costs climb and disputes over aftermarket parts refuse to cool down. HB 636, branded the Auto…...