Insurance News

Teenage Car Insurance Top Concern Among Parents

April 7, 2011 No Comments »

More teenagers are having to wait to hit the road, thanks to ongoing economic woes and the high cost of teenage car insurance. A new study from Nationwide Insurance revealed that of all the parental concerns associated with teen driving, ... Read More »

Allstate to Open 140 New Locations in Texas

March 30, 2011 No Comments »

Allstate is aiming to break recruiting records in Texas this year by opening at least 140 agencies across the Lone Star State. That’s a lot of “Good Hands,” 280 to be exact. Where are they going to put all those ... Read More »

Lawmakers Consider a Credit Scoring Ban for Auto Insurers

March 23, 2011 No Comments »

Maryland lawmakers are considering a measure to stop insurance companies from using credit scores to determine premiums for auto insurance policies, per the Insurance Journal. The state already prohibits auto insurers from using credit scoring as an underwriting tool for ... Read More »

Michigan Car Insurance Most Expensive In Nation

March 22, 2011 No Comments »

A new survey from Insure.com found that car insurance is most expensive in the state of Michigan, and cheapest in Vermont. In the Wolverine State, the average annual car insurance premium is a staggering $2,541, while it’s just $995 in ... Read More »

Which Insurer Spends The Most on Advertising?

March 16, 2011 No Comments »

As individuals, we’re always more in tune with what’s going on in our own neck of the woods. Have you noticed that when you become interested in purchasing a particular model of car, you tend to see more of them ... Read More »

Car Insurance Rates Up, Homeowners Insurance Rates Flat

March 15, 2011 No Comments »

Car insurance rates continue to inch upward, while homeowner’s insurance rate increases are slowing, according to figures released by U.S. Department of Labor. Hey…at least both aren’t going up, right? That is not to say homeowners insurance rates are going ... Read More »

Japanese Earthquake May Cost Insurers $35 Billion

March 14, 2011 No Comments »

The recent Japanese earthquake may cost insurers as much as $35 billion dollars, making it the most expensive natural disaster in recorded history. The Boston, MA-based disaster modeling company, AIR Worldwide, estimates the losses will end up between $15 billion ... Read More »

U.S. Consumers Willing to Pay Five Percent More For Their Insurance

March 10, 2011 No Comments »

The Good: Every Industry But Insurance A survey recently released by global strategic branding firm Siegel+Gale found that American consumers are willing to pay more for brands that deliver simpler products. Even considering the current state of the U.S. economy, ... Read More »

Six Insurance Companies Top in Customer Service Among All Industries

March 8, 2011 No Comments »

Six insurers were included among 40 total companies in the Customer Service Champions list from J.D. Power and Associates. The results, which were derived from a cross-industry analysis that examined customer feedback, opinions, and perceptions of 800 companies, using data ... Read More »

29 Percent of Americans Do What Behind the Wheel?

March 8, 2011 No Comments »

You probably guessed it. Twenty-nine percent of Americans engage in romantic contact while driving, according to a poll conducted for InsuranceQuotes.com. That’s nearly one-third of all drivers! We’ll leave it up to your imagination as to what acts were admitted ... Read More »