State Farm posts 2010 auto insurance loss of $2.8 billion
State Farm said it posted an underwriting loss in its auto insurance business of $2.8 billion in 2010, but improvement in the property and casualty segment drove after-tax net income of $1.8 billion...
View ArticleNY: Dead pedestrian covered by uninsured motorist coverage
New York’s top court ruled Tuesday that the estate of a man run down by a homicidal driver is entitled to make insurance claims for injuries caused by an accident. The Court of Appeals said that even...
View ArticleDrive less, save more with State Farm California
By signing up for a pay-as-you-drive policy offered by State Farm instead of an estimated miles policy, you could see your future premiums fall. The less you drive below a threshold of 19,000 miles a...
View ArticleSequoia Insurance offers “pay-as-you-drive” auto insurance in California
Sequoia Insurance Company of Monterey has been approved by the California Department of Insurance to sell so-called “pay-as-you-drive” auto insurance. Sequoia Insurance is now approved to sell pay as...
View ArticleGPS based car insurance discounts becoming popular
Car insurance premiums have less to do with your driving and more to do with gender, age, if you are married, the garaged address, and type of car. GPS based discounts are becoming more popular for...
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