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Latest News in Car Insurance - Jan 16, 2008

January 16, 2008

National Auto Insurance Report Shows Insurance Rates Fall 5.2% in 2007
Forbes - Insurance.com, the largest online auto insurance agency in the United States, reports that car insurance rates in 2007 were at their lowest in three years. The company’s “2007 Auto Insurance Pricing Report” found that the average premium nationwide …

The banks’ �4bn protection racket
The Independent - Only 20 per cent of the money collected under PPI is returned to policyholders ? a “shocking” figure, says the consumer group Which? ? compared with more than half for home insurance and 80 per cent for car insurance. Customers complain they have …

McCarty bans new Allstate car policies
Pensacola News Journal - TALLAHASSEE — Insurance Commissioner Kevin McCarty this morning announced his intent later today to yank Allstate’s ability to sell new car insurance in Florida — the result of the company’s failure to give investigators the records they seek. “As …

Yep. 76 Tickets Will Land You in Jail
Forbes - Sanchez was arrested on charges of having an expired car registration, no insurance and driving with an expired license, according to an arrest report. She remained in the Harlingen jail Wednesday, and it was unclear whether she had a lawyer. …

Progressive reports 51% decline in December income; net premiums …
Forbes - NEW YORK (Thomson Financial) - Progressive Corp. Wednesday said December net income fell 51% to $67.6 million, or 10 cents a share, from the $138.9 million, or 18 cents a share posted in the year-ago period. The car insurance company reported a 1 …

Immigrant Driver ID Rejected by O’Malley 2 Types Were Proposed For …
Washington Post - Some transportation officials said a two-tiered system also would comply with Real ID, addressing federal security concerns while encouraging undocumented immigrants to obtain car insurance and pass a driving test. But after Transportation Secretary …

Fighting a mystery charge for Madrid car rental
Seattle Times - Q : I’m trying to get a refund for my car rental insurance and I could use a hand. My wife rented a car online through Alamo for pickup in Madrid. The agreement clearly stated that the daily charges, taxes, and collision damage waiver, were included …

J.D. Power and Associates Reports: TriWest Healthcare Alliance …
MSN MoneyCentral - For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies. About The McGraw-Hill Companies …

Allstate Suspended From Writing New Fla. Auto Policies
WPBF News 25 - TALLAHASSEE, Fla. — Florida Insurance Commissioner Kevin McCarty has suspended Allstate companies from writing new car insurance policies in Florida for refusing to comply fully with a state subpoena. McCarty abruptly ended a scheduled two-day …

J.D. Power and Associates Reports: Annual Growth of Diesel
MSN MoneyCentral - For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies. About The McGraw-Hill Companies …

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