Browsing: auto insurance

The California Department of Insurance has issued a public service announcement (PSA) warning drivers about a rise in vehicle hostage scams occurring throughout Southern California involving tow truck companies. The Department’s Inland Empire Automobile Insurance Fraud Task Force has investigated multiple cases, including one that led to the arraignment of 16 residents.

Recent legal and regulatory actions impacting the insurance industry, including fines in New York and a ruling in Missouri.

Planning to drive in Mexico City or surrounding areas? Understand the ‘Hoy No Circula’ program to avoid fines and ensure a smooth journey.

An expert from Accenture discusses the impact of potential trade wars and tariffs on the insurance industry.

New data indicates that inflation is at 3% with a rise in auto insurance and used vehicle prices.

The auto insurance industry is grappling with a volatile market, driven by fluctuating used-vehicle prices and changing consumer behavior. This article discusses how insurers can adapt by using new technologies and advanced analytics to improve the accuracy of their pricing models and retain customer loyalty.

As the seasons change, melting snow and ice can pose significant risks to homes and vehicles. Understanding your insurance coverage is crucial during this period. This article explores the various aspects of insurance policies related to water damage, including coverage for ice dams, sewer backups, overland flooding, and plumbing issues.

Open Road Insurance LLC is entering the collector vehicle auto insurance market with a focus on specialized coverages and fair pricing.

While overall inflation eased to a three-year low, auto insurance rates continued their climb, increasing significantly in August.

A new report from TransUnion shows that consumers are actively shopping for better auto insurance rates, with shopping activity up significantly in Q2 2023. However, changing consumer behavior and increasing risks pose challenges for the industry.