Live Insurance News

Auto insurance rates climb more due to some traffic tickets than others

April 8, 2014April 12, 2014 Julie Campbell

Recent news by a website examined national data and found that certain violations cost more than others. In recent auto insurance news, the results of a national analysis of traffic ticket and premiums data, conducted by San Francisco based InsuranceQuotes.com revealed that some violations cause rates to rise more than others. Overall, safer drivers pay less than riskier ones, but some tickets are more costly than others. The study showed that the moving violations that can lead to the highest penalties –in the form of the ticket itself, from the…

Airline insurance for Malaysian Airline could be affected by hurt reputation

March 13, 2014March 10, 2014 Julie Campbell

Malaysian Airlines - airline insurance news

The missing Flight 370 aircraft may lead to serious struggles in the struggling carrier’s future. When it comes to airline insurance on a broad scale, the costs have been steadily dropping over the years as problems have become decreasingly common and crashes of any major sort have simply not been happening. Malaysian Airline System could be facing its own coverage issues following the disappearance of its plane. Flight 370 was carrying 239 people when it disappeared along its path from Kuala Lampur, Malaysia, to Beijing China. This type of situation,…

Auto insurance savings can be decided by your choice of 2014 vehicle

February 28, 2014February 25, 2014 Julie Campbell

The cars, SUVs, vans, and trucks that can lead to the cheapest policies have now been revealed. While everybody wants to drive a fantastic car with the greatest, flashiest, and most useful features and options, it cannot be forgotten that the choice of make and model will have a considerable impact on the auto insurance premiums that will be paid to cover it. Approximately 30 percent of all policyholders will comparison shop to try to discover cheaper premiums. This figure was according to the data from TransUnion’s insurance business department.…

Insurance industry sees prices fall worldwide

February 11, 2014February 8, 2014 H. Cutner

The global pricing dropped during the last quarter of 2013, says a recent news report. According to recent insurance industry news issued in the Global Insurance Market Quarterly Briefing from Marsh, the average pricing declines that were experienced around the world – aside from in the United States – sent the global rates downward during the last quarter of 2013. During that time, the company tracked the rates and found that the global index dropped in many areas. For instance, this insurance industry report showed that the risk management global…

Ohio homeowners insurance customers are paying less

February 4, 2014February 1, 2014 H. Cutner

The coverage is the sixth lowest in the United States, meaning that residents are saving compared to other locations. According to a recent announcement made by Mary Taylor, the Lieutenant Governor and Department of Insurance Director, the average Ohio homeowners insurance policy is costing residents of the state notably less than the average resident of the majority of other locations across the country. In fact, she revealed that premiums there are the sixth lowest among all of the states in the nation. The most recent data available from the National…

Auto insurance prices in U.K. continue to drop

January 31, 2014January 28, 2014 H. Cutner

According to the A.B.I., the average amount paid to cover a vehicle is still on its way downward. The cost associated with purchasing and owning auto insurance in the United Kingdom has dropped another 9 percent over the last year as a growing number of consumers are using the resources available to them over the internet to be able to comparison shop and find better rates. This, according to a survey which also credits fewer claims into the dropping premiums. The data was provided by the Association of British Insurers…

Auto insurance requirements raised in Ohio

January 28, 2014January 25, 2014 Logan B.

Ohio drivers will have to up their insurance coverage in order to comply with state’s new standards Drivers in Ohio are set to see an increase in their auto insurance premiums as the state increases its minimum insurance requirements. The last time Ohio’s minimum insurance requirements were changed was in the 1960s and state officials suggest that the old requirements are no longer able to cover the costs associated with accidents. This belief is supported by many of the state’s insurers, most of who have been pushing for updated standards…