Rancho Cucamonga, Calif. (PRWEB) Aug 31, 2011
Dueling van burglary rankings, a draft Massachusetts credit measure ban, the enlargement of usage-based car insurance discounts and descend than approaching claims from Hurricane Irene. The subsequent to outline piece wraps up a couple of of the many important auto insurance headlines developments covered this month at News.OnlineAutoInsurance.com :
Vehicle burglary rankings were expelled by both the National Insurance Crime Bureau (NICB) and the Highway Loss Data Institute (HLDI). The NICB mentioned the many often stolen van in America was the ?94 Honda Accord, whilst the HLDI reported it was the Cadillac Escalade. The reason is to disparity is the NICB census data were formed on military reports, whilst the HLDI stats are formed on claims filings beneath a sort of coverage usually purchased usually for newer vehicles.
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A organisation of Massachusetts agents draft a list first move that would anathema the use of credit scores in last premiums. There is already a regulatory anathema on using credit information in rating policies in the state, but the first move would spin the anathema in to law and make it ample more tough to erase. The agents society mentioned a check it consecrated showed majority encouragement for such a ban.
State Farm voiced its skeleton to confederate a new monitoring device, called In-Drive, in to its Drive Safe Save Plan. Currently, participants in the plan obtain discounts usually for having low mileage. But use of the In-Drive device would give the insurer access to pushing data and consumers access to discounts for displaying protected pushing habits. The module will be existing usually in Illinois in 2011 but will be stretched in 2012.
Though Hurricane Irene did wreak major devastation on tools of the East Coast, it is approaching to result in ample reduction damage than was primarily forecast. State Farm reported having more than 4,400 auto claims spread out over 12 states and D.C. as of noon on Tuesday.
A organisation of about 1,200 Allstate agents voted to associate with a union. The senior manager director of the organisation says the insurer has been treating its agents as employees rsther than than eccentric contractors, that is their authorized status.
Average process prices saw no change between June and July, the Bureau of Labor Statistics reported. Source:
Progressive stretched its Snapshot module to two new states?New Mexico and North Dakota?and
To read the full stories on these and other topics, readers can head to where they will find the usually site on the Web staunch to stating nothing but the ultimate newsworthy developments in the American auto insurance attention and marketplace.
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