Navigating the Risks: Animal Collisions on the Rise Animal collisions have become an increasingly common concern for drivers across the nation. With over 1.8 million auto insurance claims related to animal collisions filed between July 2023 and June 2024, drivers are urged to remain vigilant, especially during peak months and in high-risk areas. This article delves into the statistics, liability considerations, and safety tips to help drivers stay safe on the road. State Farm’s Findings: A Closer Look State Farm’s recent report sheds light on the most common animals involved…
Read MoreAuthor: G. Turner
The Alarming Rise of Hyundai and Kia Theft Rates in the United States
In 2023, Hyundai and Kia vehicles have become disproportionately popular targets for car thieves. During the first half of the year, these vehicles were stolen at a concerning rate of 11.2 per 1,000 insured vehicles, significantly surpassing the 1.6 per 1,000 theft rates for other brands. The Hyundai Elantra, Hyundai Sonata, and Kia Optima emerged as the top three most stolen vehicles, underscoring a troubling trend for the owners of these models. Why Are Hyundai and Kia Cars Targets? The surge in theft can be attributed to certain vulnerabilities in…
Read MoreCalifornia Fair Plan Under Fire for Alleged Policy Violations
California Fair Plan Under Fire: Attorney Calls Policies “Criminally Restrictive” The California Fair Plan, designed as a last-resort insurance option for those unable to secure coverage elsewhere, is now under significant scrutiny. An Oakland attorney has spotlighted troubling issues impacting hundreds of thousands of policyholders. According to reporter Shandel Menezes from NBC San Diego, Attorney Dylan Schaffer of the Kerley Schaffer law firm has described the policies under the Fair Plan as “criminally restrictive” and asserts that selling these policies constitutes a misdemeanor under Insurance Code 2083. Schaffer claims that…
Read MoreState Farm Dominates and Soars to Top of AM Best Rankings with $92.6 Billion in Premiums!
State Farm has once again claimed the top position in AM Best’s rankings of US Property and Casualty (P&C) insurers for 2023, reinforcing its dominance in the market. The company’s total net premiums written (NPW) surged by an impressive 19.1% to $92.6 billion, further widening the gap between itself and its competitors. Dominance in the P&C Sector In the dynamic world of insurance, rankings can be both stable and surprising. Here, we explore the latest shifts among top US Property and Casualty (P&C) insurers, spotlighting substantial changes in Net Premium…
Read MoreCould Your Yard Be Inviting Fire? Discover the Common Mistake Homeowners Make
Mulch Fire Risk Poses Growing Threat to California Homes In California, where the risk of wildfires is both imminent and escalating, a common landscaping choice—mulch—is emerging as an overlooked fire hazard that many homeowners inadvertently invite into their yards. This seemingly innocuous product, made from organic materials like wood chips and bark, can easily ignite and create a dangerous “fuel source” right next to residences. The Rising Tide of Wildfires California’s unique climate—a combination of hot, dry summers and seasonal Santa Ana winds—has created the perfect storm for wildfires. Drought…
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