Tag: auto insurance

Auto insurance news concerning consumer tips, company updates and insurance law updates.

Report highlights growth of auto insurance rates in the US

Logan B.
California Auto Insurance

Auto insurance rates have been on the rise for the past 25 years The Consumer Federation of America has released a new study highlighting auto insurance rates throughout the U.S. According to the study, auto insurance rates have been on the rise for the past 25 years. The only state that has shown any significant average decrease in these rates has been California. As auto insurance rates continue to rise throughout the country, coverage may be getting too expensive for some drivers to afford. This could lead to many people…

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Auto insurance rule compliance for Yellow Cab in Dallas expedited

G. Turner
taxi cab auto insurance news company

The city is now accelerating their demands that the taxi company meet the regulations. Following the discovery that Yellow Cab had not actually been following the Dallas auto insurance rules for taxi companies, a spokesperson for the city has announced that they are expediting the process to ensure that this business complies with the regulations for operation. The problem arose when it was discovered that Yellow Cab has been self-insuring, which is against Dallas law. Critics have suggested that Dallas has been deliberately been looking a blind eye to this…

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Auto insurance requirements may not have been met by Yellow Cab

H. Cutner
taxi auto insurance

The city of Dallas’ requirements for coverage may have been violated by this and other taxi companies. According to public records, taxi companies owned by Irving Holdings Inc., which include the giant and well recognized Yellow Cab, appear to have auto insurance policies that include a “self-insured retention” which makes the payment on claims of up to $250,000. However, the law in the city of Dallas was changed back in 1996, and the taxi company may not have conformed. In 1996, the city law was altered to include a requirement…

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Auto insurance scams in New York shut down with doctor claims suspensions

Julie Campbell
Auto Insurance scams

A number of “dirty” docs are now being pursued by the state regarding accidents that never happened. New York is now going after twelve doctors that signed off on auto insurance claims for accidents that never occurred, in order to allow their “patients”, and themselves, to collect millions in payments from the no-fault system in the state. Notices went out to the dozen physicians as well as six additional health providers. Those notices have barred them from being able to submit auto insurance claims on the no-fault system in New…

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Insurance news made with IIHS Top Safety Picks

Julie Campbell
auto insurance news vehicle safety crash test

Choosing the right vehicle can help to keep premiums to a minimum, so these releases are carefully watched. The Insurance Institute for Highway Safety (IIHS) has now released its latest Top Safety Picks, making insurance news as many insurers and consumers pay attention to these statistics in order to make choices regarding the premiums that will be paid. Among those top picks from the IIHS, were the 2014 Fiat 500L, and the 2014 Jeep Cherokee. As these two insurance news making models are both from the Chrysler Group, that auto…

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