Live Insurance News

Traffic violations lead to higher auto insurance premiums

February 23, 2015February 21, 2015 S.Vagus

In some states, premiums grow by a significant margin when drivers are hit with traffic violations Moving violations often lead to increase auto insurance premiums, but in some states, the increase is astronomical. A new report from InsuranceQuotes.com highlights the dramatic increase of auto insurance premiums in some states for those that receive driving under the influence (DUI) charges. On average, consumers can expect to pay 92% more for their coverage when they receive a DUI charge, which is the national basis. In some states, however, costs can shoot up…

Florida continues to fight insurance fraud

February 18, 2015February 16, 2015 Marc

Law enforcement is looking for fake auto insurance cards in order to catch those that are committing fraud Law enforcement in Florida are beginning to grow more aggressive when it comes to fighting insurance fraud. Officers in Hialeah, Hialeah Gardens, and Medley took to the streets recently in order to find those that are using fake auto insurance cards. Law enforcement has been tasked with fighting fraud in Florida, where it has become a significant problem for the auto insurance industry. Insurance fraud is a national problem, according to the…

Minnesota set to fight insurance fraud

February 17, 2015February 14, 2015 Logan B.

Lawmakers are taking steps to fight fraud in the insurance sector Lawmakers in Minnesota are beginning to focus on ways to cut down on insurance fraud. According to state officials, many people come to the state in order to exploit loopholes that exist in current laws, hoping for financial gain on fake medical claims and targeting other insurance sectors. Lawmakers are now drafting legislation that would provide the state’s Commerce Department with an anti-fraud unit, which would work to combat insurance fraud in Minnesota. New anti-fraud unit will help combat…

Auto insurance limit increase sought in NJ for Lyft and Uber

February 12, 2015February 11, 2015 Julie Campbell

Rideshare companies and their coverage limits were the focus of a bill that has been discussed in New Jersey. Lawmakers in New Jersey have been discussing an auto insurance bill, this week, that has been focused on increasing the coverage limits that will be required of ridesharing services in the state, such as Lyft and Uber. At the start of the week, a spokesperson from Uber said that its reps would be present in order to testify. Those Uber representatives spoke before the New Jersey Senate Transportation Committee. The bill…

Auto insurance question raised about Uber coverage in Toronto

February 10, 2015February 7, 2015 Julie Campbell

Toronto Canada Auto ride share Insurance Discounts

The ride share company may not be providing adequate protection to its drivers to operate in the Canadian city. The Insurance Bureau of Canada has released a statement that has said that it is concerned that Uber, a ride share company in the country, is not providing its drivers with the auto insurance coverage that is required for them to be adequately protected for operations on the roads of Toronto. Uber Canada has assured the public that its drivers are providing the safest transportation experience in the city. In Toronto,…