auto insurance News

Florida Launches Driving Program for Foster Children

Florida is going to launch a pilot program to help foster children drive. Gov. Rick Scott on Thursday signed a bill (HB 977) that sets up a three year program that will help pay the costs of driver’s education, auto …

Does Automobile Insurance Follow the Car or the Driver?

There are a few questions in life that are more confusing than their answers. The blanket query into whether or not insurance follows the car or the driver in a particular jurisdiction is such a question – one we see …

Navigation, Website Features Attract Younger Auto Insurance Shoppers

When selecting an insurance company, price continues to be an important driver for all shoppers; however, younger generations—Gen X (35 percent) and Gen Y (35 percent)—are less likely to select the lowest-priced brand than are Boomers (47 percent), according to …

Commuters Stranded in Liberia Following New Auto Insurance Law

Thousands of commuters are stranded in Liberia after the government began enforcing a new law requiring motorists to carry insurance. Transport Minister Tornonlah Variplah said the law is aimed at addressing a wave of accidents that caused more than 32,000 …

Insurance Consumers Could Purchase Products From Amazon, Google

Two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying from online service providers such as Google and Amazon, according to new research by Accenture based on …

Governor Praises Maine’s Low Insurance Rates

Republican Gov. Paul LePage’s administration says Maine’s auto and homeowners insurance rates are the lowest in New England and among the lowest in the country. The Maine Bureau of Insurance is pointing to recently released reports from the National Association …

Towers Watson Launches Auto Insurance Scoring Model

Towers Watson, a global professional services company, announced the launch of DriveAbility 2.0 Score, a new analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific factors in the risk model and …

Direct Auto Insurance Introduces Mobile App and Text Message Payment

Nashville-based Direct Auto Insurance unveiled two new mobile device capabilities that can help customers monitor their driving habits, potentially save money on their auto insurance and make paying their insurance premiums more convenient. The free DirectDrive app for iOS and …

GEICO Digital ID Card Provides Proof of Auto Insurance the Smart Way

GEICO announces mobile app providing customers digital access to their policy information. “Offering policyholders digital ID cards on the GEICO App was a logical next step for us,” said Peter Meoli, GEICO director of mobile development. “The paper ID cards …

Competition in the U.S. Auto Insurance Market Benefits Drivers

A highly competitive auto insurance marketplace is making coverage more widely available and affordable for all drivers, according to the Insurance Information Institute (I.I.I.), even though insurance is also a heavily regulated industry. The I.I.I. made the observations in response …