Auto insurance lacking in over one third of drivers in India

homeowners insurance fraud

Research has estimated that up to 35 percent of vehicles on Indian roads are not covered by a policy. A shocking auto insurance news release from Mumbai has revealed that an estimated 35 percent of cars on the roads of India are not carrying the third party liability coverage that is required by law. Moreover, over two thirds of two-wheeled vehicles are not covered by a legally required policy. This data was provided following an analysis performed by auto insurance companies in the country. What is possibly even worse is…

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Mississippi House faces another attempt for online computer checks for car insurance

The Mississippi House is yet again moving ahead with a proposal to establish online computer checks to make certain that motorists are covered by car insurance. Last year, former Governor Haley Barbour vetoed a similar measure. Insurance Research Council data from 2009 shows that Mississippi is the state with the highest portion of uninsured drivers in the country, having reached 28 percent. In fact, that is twice as high as the Council’s national average for uninsured drivers. This latest measure was sponsored by Gary Chism (R-Columbus), the House Insurance Committee…

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Illinois introduces heavier penalties for uninsured motorists

Following a battle that was started by one woman in Illinois who was almost killed in an accident with an uninsured driver, the state has now introduced stricter penalties for motorists without insurance. Recent data from a survey by the Insurance Research Council has showed that 15 percent of drivers within the state don’t have insurance. The accident that started the ball rolling on the change in regulation occurred in June 2010. The woman in question was Ashley Lacey, who was in an accident with a car that didn’t have…

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A growing number of uninsured drivers are on today’s roads

Data from the Missouri Department of Revenue has shown that between July of 2010 and the same month of 2011, that state experienced over 6,000 collisions involving drivers who are not insured, and this figure continues to grow. That data is representative of a trend that is happening in many areas across the country. As is that reported by the Missouri State Highway Patrol, which showed that there were over 22,000 citations for failure to provide proof of automobile insurance – a legal requirement in the state – in 2010.…

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Minnesota no fault insurance system may crack under pressure

Minnesota’s no-fault auto insurance law has been under fire recently. Opponents of the law have been trying for some time to repeal the legislation, with their latest attempt again being overruled today. However, the state’s Senate committee approved a number of amendments to the law that may curb legislators drive to repeal it. The committee will also be examining alternatives to the law that will favor insurance companies by limiting payouts. The number of underinsured and uninsured drivers in the state is rising, according to Deputy Senate Majority Leader Geoff…

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