Brothers alleged to have underreported payroll by nearly 14 million to lower insurance costs. Brothers Mark Hassan, 46, of Corona Del Mar, and Ahmed Hassan, 35, of Walnut, Calif. were arrested March 11 on multiple felony insurance fraud charges after a California Department of Insurance investigation found the pair allegedly underreported nearly $13.7 million in […]
New Hampshire Drivers See Auto Insurance Rate Cuts From Major Carriers
Several major auto insurers have reduced personal auto insurance rates in New Hampshire, with approved decreases ranging from 3% to 11%, the New Hampshire Insurance Department announced March 5. The rate reductions are part of a broader national trend of declining personal auto premiums as claims severity and collision claims ease after years of sharp […]
Louisiana Auto Insurance Rates Fell 5.8% in 2025 as Accident Frequency Declined
Private passenger auto insurance premiums in Louisiana dropped by an average of 5.8% in 2025, reversing several years of consecutive rate increases, according to new market impact data from the Louisiana Department of Insurance (LDI). The decline represents a statewide premium reduction of more than $344 million compared to the prior year. The LDI attributed […]
Pennsylvania Regulators Block $91 Million in Auto Insurance Rate Increases
Pennsylvania’s insurance regulator prevented $91 million in personal auto insurance premium increases from taking effect in 2025, part of $227.9 million in total property and casualty insurance rate hikes blocked during the year. The Pennsylvania Insurance Department rejected or negotiated down rate increase proposals across multiple insurance lines, with personal auto representing the largest single […]
Georgia Approves 3% State Farm Auto Insurance Rate Reduction
Georgia insurance regulators announced yesterday they approved a 3% rate reduction for State Farm auto insurance customers, bringing total rate decreases for the insurer to more than 10% over the past year. The rate filing approved by Insurance and Safety Fire Commissioner John King will reduce premiums by an estimated $400 million annually for State […]
California Threatens to Suspend Tesla Insurance Operations
Insurance Commissioner initiates enforcement actions over claims handling violations. The California Department of Insurance has issued enforcement actions against Tesla Insurance Services, Tesla Insurance Company and State National Insurance Company, alleging the companies repeatedly failed to properly handle hundreds of policyholder claims. The actions could result in the companies losing their ability to transact insurance […]
Louisiana Auto Insurers File Rate Reductions as Accident Frequency Drops
Louisiana auto insurance companies have filed more than 20 rate reductions since January, with 14 cuts exceeding 1%, as reduced accident frequency drives down claims costs, state Insurance Commissioner Tim Temple announced August 14. “As cost drivers in the market go down, losses go down with them, and businesses are incentivized to compete for customers […]
North Carolina Fines Members, Universal Insurance Companies $113,000 for Market Conduct Violations
North Insurance Commissioner Mike Causey announced May 1 that he has fined two insurance companies, The Members Insurance Co. and Universal Insurance Co., $113,000 following a market conduct examination. Members and Universal, which are licensed to write private passenger automobile and homeowners’ insurance policies in North Carolina, are owned by Auto Club Group. At the […]
New Hampshire Insurance Department Issues Guidance on Virtual Auto Claims Adjustment
The New Hampshire Insurance Department has released new guidance for insurance companies using virtual methods to assess automobile damage, emphasizing that consumers retain the right to request in-person inspections. The bulletin, issued April 14, addresses the growing trend of insurers using photos and videos submitted by consumers or repair shops instead of conducting physical inspections. […]
North Carolina Automobile Insurers Request 22.6% Rate Increase
In 2023, insurers requested over 28% increase but settled with insurance department for 4.5% annually for two years. The North Carolina Department of Insurance (NCDOI) announced that insurance companies have requested a statewide average 22.6% increase in automobile insurance rates. The North Carolina Rate Bureau, which represents the automobile insurance companies in the state and […]
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