GEICO Agrees to Stop Using Job Status, Education as Criteria for Auto Insurance Rates in New York
The New York State Department of Financial Services announced that GEICO has agreed to comply with the agency’s new regulation that prohibits insurers from using an individual’s occupational status and/or education level as criteria for setting auto insurance rates.
What to Do When an Insurance Company Sends the Vehicle Title Instead of Paying Your Body Shop
Insurance companies abandoning cars (and their responsibilities) has been going on ever since insurance companies were first formed. This practice is not only considered unethical, it may also violate most state laws and regulations governing insurance practices. But there is a simple and effective solution.
Auto Insurance Rates Headed Higher for Some Nevada Drivers
When Nevada Senate Bill 308 takes effect on July 1, auto insurance premiums will go up for about one-third of Nevada vehicle owners, according to data from the Nevada Division of Insurance.
Nagy’s Collision Centers Hosting Free CE Courses for Insurance Agents
Nagy’s Collision Centers in Orrville, Ohio, will be hosting two continuing-education courses for insurance agents at the MSO’s corporate office in Orrville.
GEICO Offers Tips to Help Consumers Avoid Falling Prey to Staged Accidents and Other Auto Insurance Scams
Scams are committed by criminals every day and can happen anytime during the claims process, according to GEICO. One of the most common auto insurance scams is the staged accident, which typically involves multiple vehicles and several people in various scenarios.
State Farm Earns I-CAR Insurance Gold Class Corporate Status
I-CAR has awarded Insurance Gold Class business recognition at the corporate level to State Farm, an achievement reserved for insurance carriers that are committed to improving the performance and quality of auto collision repairs.
Class-Action Lawsuits Are ‘Wrong Way’ for Auto Body Shops to Fight Insurance Companies: Todd Tracy
During a Feb. 17 presentation at the Midwest Auto Body Trade Show in Altoona, Iowa, Tracy explained that he wants to represent body shops in individual lawsuits against insurance companies for short-pay grievances, not class-actions.
Hawaii Bill Would Forbid Insurance Carriers from Charging More for OEM Parts
Hawaii state Rep. Roy Takumi has introduced a bill that would prohibit insurance carriers from charging additional fees when OEMs recommend the use of original parts to repair collision-damaged vehicles.
Auto Insurance Premiums at All-Time High: Report
Premiums are up 20 percent since 2011, according to the annual “State of Auto Insurance Report” from the Zebra, which describes itself as “the nation’s leading insurance search engine.”
Michigan Lawmakers Unveil Bill Package to Repeal State’s No-Fault Auto Insurance System
State Rep. Beau LaFave and other members of the Michigan House have unveiled an eight-bill package that would repeal the state’s unpopular no-fault auto insurance system.
