Author: H. Cutner

Three South Carolina state agencies form insurance fraud task force

H. Cutner
Insurance fraud - task force

The Attorney General’s Office, the Department of Insurance, and SLED are working together. Insurance fraud in South Carolina has reached the point that three state agencies – the Attorney General’s Office, the Department of Insurance, and SLED – have come together to create a task force for the purpose of cracking down on cases. South Carolina has the 17th highest rate of complaints regarding fraudulent claims in the US. National Insurance Crime Bureau (NICB) data shows that South Carolina is in 17th place in the country for the amount of…

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Americans are choosing GEICO and Progressive auto insurance, says JD Power

H. Cutner
Auto insurance - auto insurance policy

At the same time, they are leaving Allstate and State farm for their vehicle coverage. A new JD Power and TransUnion collaboration study has shown that Americans are increasingly choosing to purchase their auto insurance from Progressive and GEICO. These two insurers saw the largest growth in this year’s second quarter. This was revealed in the Quarterly Shopping List Report which examines rates of quotes and switches. Among all the major American auto insurance companies, GEICO saw the largest quote volume. Allstate saw the second largest quote volume, followed by…

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School cyber insurance rates take off to new highs

H. Cutner
School cyber insurance - classroom

Vulnerability to ransomware attacks and virtual learning have presented some serious risks. Boards of education across the country are finding that they are suddenly facing school cyber insurance rates that are considerably higher than they had been in previous years. The recent rash of ransomware attacks across the United States have made schools costlier to cover. The result of the additional vulnerability and risk has been that premiums for school cyber insurance coverage have gone way up. This has been a difficult blow to many boards of education and independent…

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State Farm and Ford collaborate on ADAS features for safety and savings

H. Cutner
ADAS features - Ford logo on steering wheel

The pilot of this partnership’s project saved customers as much as 20 percent on their premiums. The State Farm insurance company and Ford automaker are working together on a project involving ADAS features which improve driver safety while reducing auto policy premiums. The companies have already completed a pilot project which it ran for a full year. The purpose of the ADAS features project is to make it possible for Ford vehicle drivers to enjoy safety improvements while reducing the cost of vehicle ownership by decreasing premiums through State Farm…

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Wawanesa takes top spot in JD Power’s California auto insurance satisfaction ranks

H. Cutner
California auto insurance - happy driver

The insurer scored the highest for that position in the JD Power 2020 Auto Insurance Study. Wawanesa was the top-performing California auto insurance company for customer satisfaction according to the results of a recent JD Power study. The insurer was the “Highest in Customer Satisfaction Among Auto Insurers in California.” This was published in the JD Power 2020 Auto Insurance Study, in which the insurer also took the top spot in categories for Price, Policy Offerings and Claims. Wawanesa’s lead position among California auto insurance companies for customer satisfaction stood…

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Mercury Insurance seeks to dispel California wildfire myths

H. Cutner
Wildfire Myths - forest fire

The season is lining up to be a record breaking one and the insurer hopes residents will inform themselves. Mercury Insurance has taken to its newsroom and has enlisted the help of expert Douglas Kent in the hopes of helping Californians to dispel some of the most commonly believed wildfire myths. As the blazes are being accepted as a normal part of living in the state, residents need the facts. The first among the wildfire myths that was addressed right away in the insurance company’s recent publication on its site…

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Mercury homeowners insurance encourages Californians to prepare for fires

H. Cutner
Mercury homeowners insurance - house on fire

The 2021 wildfire season is already outpacing that of 2020, which broke historic records. California is suffering a severe drought this year, and Mercury homeowners insurance customers are being urged to take action to ensure their properties and their families are prepared for a rough wildfire season. The California Department of Forestry and Fire Protection shows that wildfires are worse than last year. According to recent California Department of Forestry and Fire Protection (CAL FIRE) data, the drought is contributing to wildfire numbers and acres burned to the point that…

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