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News
State Farm begins issuing $5 billion dividend to auto customers
11+ hour, 48+ min ago (531+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Starting July 1, Ontario drivers can now opt out of nine accident benefits that were previously mandatory, giving more control over coverage choices.
1+ mon, 2+ week ago (631+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Consumer advocacy group says Uber largely self-insures through subsidiary while claiming insurance costs are high
1+ mon, 3+ week ago (609+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Full coverage auto insurance costs $2,926 per year on average, but rates vary widely by state and driver profile
1+ mon, 3+ week ago (582+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
U.S. commercial insurance rates increased 2.5% in the first quarter of 2026, marking the third consecutive quarter of moderating price growth
2+ mon, 2+ day ago (471+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
USAA returns nearly $1 billion to Florida policyholders as legal reforms help lower insurance costs
2+ mon, 5+ day ago (695+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Pennsylvania insurer climbs to 308th position on Fortune 500, reflecting steady growth in auto and home coverage
2+ mon, 1+ week ago (252+ words) Erie Insurance ranked 308th on the 2026 Fortune 500 list of America’s largest corporations, based on total revenue for the 2025 fiscal year, advancing 15 positions from its 323rd-place ranking the prior year. The company moved up in a year when the revenue threshold for…...
Insurance premiums won't stop climbing in 2026, potential 114% jump
2+ mon, 2+ week ago (249+ words) Insurance premiums across health, home, and auto coverage are continuing their steep climb in 2026, with health insurance subsidies ending triggering a potential 114% spike for 20 million ACA enrollees and homeowners insurance rising for a fifth consecutive year. The combined pressure from…...
Insurance premiums may jump as states rewrite auto-insurance rules nationwide
2+ mon, 3+ week ago (785+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Insurance industry sees Progressive become largest auto insurer, surpassing State Farm for first time since 1942
2+ mon, 3+ week ago (394+ words) State Farm claimed the number-one position in 1942, leveraging its mutual insurance model and partnerships with banks to distribute policies to auto buyers. For more than eight decades, the Bloomington, Illinois-based company maintained its lead through brand recognition, extensive agent networks,…...