Georgia Insurance and Safety Fire Commissioner John F. King announced auto insurance rate reductions from Allstate North American Insurance Company and three Country Mutual Insurance affiliates, with combined projected savings of approximately $25.2 million for Georgia policyholders. Commission King announced Feb. 9 that Allstate filed a 5% reduction in private passenger auto insurance rates, projected […]
Auto Insurance Rates Expected to Rise in 2026
After declining last year, U.S. auto insurance rates are projected to rise slightly overall. While most states saw decreases, rates in most expensive states continued to increase. The average annual cost of full-coverage car insurance will increase to $2,158 by the end of 2026, a 1% rise following a 6% decline in 2025, according to […]
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 […]
Progressive to Begin Returning Excess Profits to Florida Auto Insurance Policyholders
Progressive Insurance will begin issuing credits to Florida personal auto policyholders after determining it exceeded the state’s statutory profit limit for the 2023-2025 accident year period. Florida law requires insurance carriers to return excess profits on a pro rata basis to policyholders when profits exceed the statutory limit. The insurer said it is issuing credits […]
USAA Files for 7% Auto Insurance Rate Decrease in Florida
USAA has filed for a 7% average decrease in auto insurance rates in Florida. The rate decrease is expected to take effect by May 2026 and would result in an estimated $125 million in annual savings for the insurer’s Florida policyholders. USAA serves military members, veterans and their families. “Every dollar counts for our active-duty […]
State Farm and Progressive Reduce Auto Insurance Rates Auto Rate Decreases in Tennessee, Louisiana
State Farm announced personal auto insurance rate decreases in Tennessee and Progressive will is lowering rates in Louisiana, continuing a trend of declining rates driven by reduced claims frequency. State Farm reduced auto rates by more than 10% on average in Tennessee, that took effect Dec. 15 for new business and will take effect mid-January […]
Georgia Approves Auto Insurance Rate Cuts for Liberty Mutual, Safeco Customers
Latest rate approvals follow reductions by State Farm in November. Georgia Insurance and Safety Fire Commissioner John F. King announced last month the Office of the Commissioner of Insurance approved rate reductions for Liberty Mutual and Safeco policyholders in the state. The approved rate filings include a 5.7% reduction for Liberty Mutual Personal Insurance Co., […]
State Farm Approved for 5.9% Auto Insurance Rate Decrease in Louisiana
State Farm has received approval from Louisiana Insurance Commissioner Tim Temple for a 5.9% average rate decrease on personal auto insurance, the Louisiana Department of Insurance announced Dec. 11. The change affects more than 1,066,000 policyholders and takes effect Jan. 1, 2026. State Farm is the largest personal auto insurer in Louisiana with approximately 30% […]
State Farm Files for 6.2% Auto Rate Reduction in California
State Farm Mutual Automobile Insurance Company has filed for a 6.2% auto insurance rate reduction in California, the latest in a series of rate cuts the insurer has implemented across multiple states. The filing, submitted to the California Department of Insurance, would take effect Feb. 23, 2026, pending regulatory approval. The reduction applies to personal […]
Florida Auto Insurers Cut Rates as State Officials Credit Legal Reforms
Top five insurance companies continue to reduce rates following recent 6.5% reduction across 78% of the auto insurance marketplace. Florida Insurance Commissioner Mike Yaworsky said the state’s auto insurance market continues to see rate reductions from major carriers, which he attributed to legal reforms enacted over the past two years. Yaworsky recently announced that the […]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 8
- Next Page »