Tag: auto insurance claims

Auto insurance underwriting losses increase by 77 percent

G. Turner
Manitoba flag auto insurance

In Manitoba, the treacherous winter lead to a notably larger number of vehicle collisions. The compulsory auto insurance carrier in Manitoba, Canada, has now reported that it had experienced underwriting losses of almost $220 million (CAD) within the fiscal year that came to a close at the end of February. Moreover, the total number of claims that were filed with the insurer rose by 15 percent over the previous year. The Manitoba Public Insurance Corporation (MPI) has now released its annual report, in which it produce the figures associated with…

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Auto insurance claims drop with Honda collision warning system

H. Cutner
honda auto insurance

Research has shown that this safety feature is making a difference in reducing filings on policies. The Honda Accord has just received a bit of a pat on the back from the auto insurance industry as new data has been released to show that its forward collision and lane departure warning system is helping to reduce the number of claims that are made in these luxury vehicles. This data has been released with an analysis that was conducted by the Highway Loss Data Institute (HLDI). The results of the HLDI…

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Auto insurance hike prevention efforts taken on by Michigan

H. Cutner
michigan auto insurance pothole

The state’s legislators are now getting behind efforts to stop rates from rising from pothole damage claims. A long winter of extreme weather has now brought about a rather nasty pothole season in Michigan, and the state’s House of Representatives are now looking into a bill that has recently been introduced to help to control the impact that this will have on auto insurance premiums as claims from damage start pouring in. The bill is meant to help to keep premiums from rising because a claim was made for pothole…

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Factors That Impact Car Insurance Premium Negatively and What You Can Do About It

Guest Author
Car Insurance rates

A number of things affect our auto insurance rates. Some work to our advantage and lead to discounts, whereas others get us deemed risky customers and lead to higher insurance premiums. There may not be much we can do about how old we are and where we live, but there are certain factors that impact our premiums negatively which we do have control over. Read on to find out what these factors are and what you can do to stop them from creating a bigger hole in your pocket. Your…

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Telematics Update: Free Webinar – Pinpoint the ROI of UBI in Order to Accelerate Mass Market Adoption

Guest Author
Telematics Insurance News

  Telematics Update has announced that free registration is now open for the exclusive webinar: ‘Pinpoint the ROI of UBI in Order to Accelerate Mass Market Adoption’. Telematics Update have brought together UBI experts from Progressive, Plymouth Rock and Towers Watson for a webinar to explore the financial and service benefits for insurers and consumers that UBI can yield. The free interactive event will be held on Thursday, May 9, 2013 at 11am (EST) and is open to the entire insurance community! Register here: http://www.telematicsupdate.com/insurance-telematics/webinar.php Top auto insurers Progressive, Allstate and…

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