News
To Carriers' Relief: New Florida Rule Won't Count Mediation Requests as Complaints
2+ hour, 5+ min ago (560+ words) At long last, Florida property insurers may be thinking, state regulators have revised a consumer complaint tabulation methodology that many had criticized as skewed, unrealistic and out of line with most other states. Under Rule 69 O-138. 003, published last week, the Florida…...
NY Lawmakers Agree to Governor's Auto Insurance Reforms in New Budget
2+ week, 5+ day ago (1076+ words) After bypassing the April 1 deadline and engaging in weeks of debate and compromise, New York lawmakers have agreed on a $268. 5 billion budget that includes auto insurance reforms championed by Gov. Kathy Hochul that are intended to reduce auto insurance costs…...
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI
3+ week, 1+ day ago (215+ words) Pennsylvania Attorney General Dave Sunday announced an agreement with GEICO that should modify an artificial intelligence (AI) initiated auto insurance policy cancellation process the state alleged was unfair and confusing, GEICO required the policyholder to submit additional documentation under threat…...
Delay in Calling Police Does Not Wreck UM Claim, WV Supreme Court Says
3+ week, 4+ day ago (354+ words) A West Virginia uninsured motorist policy specified that the policyholder must report an accident to police within 24 hours. But that's not enough to negate a claim, the West Virginia Supreme Court of Appeals decided this week. The West Virginia National…...
Securing Favorable Terms on Unbundled Business Auto Coverage
3+ week, 5+ day ago (538+ words) This article is part of a sponsored series by Amwins. For years, business auto coverage was quietly bundled into large commercial insurance packages where general liability, property and workers" compensation took center stage. As loss ratios have worsened, however, insurers…...
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI
4+ week, 1+ day ago (238+ words) The numbers aren't all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on an analysis from S&P Global Market Intelligence that shows Progressive muscling past State Farm. S&P GMI estimates Progressive's…...
Important but Often Overlooked Coverages
4+ week, 2+ day ago (591+ words) Below is a list of a few important but often overlooked coverages to consider. When I teach auto liability classes, I often ask the audience what coverage, and what amount of that coverage, is most important. The coverage that receives…...
Michigan Court Sides With Progressive in Policy Misrepresentation Case
1+ mon, 1+ week ago (491+ words) Progressive properly rescinded coverage to a Michigan driver who made misrepresentations on their insurance application, the state Supreme Court ruled. Plaintiff Janice Sherman sought personal protection insurance (PIP) benefits through Progressive after being involved in a July 2021 car accident. Progressive…...
New York State Reaches Budget Deal That Includes Several Auto Insurance Reforms
1+ mon, 1+ week ago (813+ words) New York State has a 2026-2027 budget agreement. The budget totals about $268 billion and includes some but not all of Gov. Kathy Hochul's proposals for auto insurance reform to lower premiums along with some lawmakers' proposals for consumer protections. The budget…...
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law
1+ mon, 1+ week ago (616+ words) Did you hear that Florida's 55-year-old "no-fault" auto insurance statute has been repealed? Most people in the Florida insurance industry probably know that is not true. But a number of recent websites and postings by Florida plaintiffs' law firms and…...