Farmers Insurance Inc., a subsidiary of Zurich Financial Services Group, is purchasing AIG’s Personal Auto Group for $1.9 Billion. Farmers will then sell the entities to Farmers Exchanges, who they manage but do not own. The sale should be completed by the third quarter this year, depending on regulatory approvals. The good news for Farmers? [...]

PRWeb.com reports a new website, EcoSmartInsurance.com, is dedicated to helping consumers find ‘green’ auto insurance companies. What do you think? Is going green imperitive to your insurance company decision? From going paperless to mileage based policies, Eco Smart believes consumers should have choices when choosing an auto insurance company that is as ‘green’ as they [...]

Insurance.com’s ratewatch has seen rate decreases for car insurance in 19 states of the U.S. This is a welcome relief in these tough economic times, with residents of Arizona, Virginia, New Hampshire, Texas and Georgia feeling the greatest discounts. Other states that have benefitted are Oregon, Utah, Colorado, North Carolina, Michigan, and Iowa. Read the [...]

According to a PRWeb.com press release from Car-Insurance.tv, the first quarter of 2009 has seen no slowing in demand for classic and luxury car insurance. What has been the cause of such a demand in the struggling economy? The press release claims the baby boomer generation is changing their investment strategy to include tangible items, [...]

When it comes time for you to compare insurance rates, you may be surprised to learn that your auto insurance company wants to access your credit report in order to determine your insurance quote.  But, the reality is that many states do allow insurance companies to use their customers’ credit histories when determining the rates [...]

PRWeb.com released an article today describing AvertRepo.com’s solution to losing your vehicle to repossession. "We’ve prevented more than 24,000 repossessions in the last 6 months," says Dan Pellegrini, President of Avert.With job loss at an all time high and financial strains at a peak, many U.S. car owners are feeling the pinch when it comes [...]

Mlive.com released an article today describing an interesting turn of events for Michigan’s residents. In an effort to try to more accurately target pricing for individuals auto insurance, Michigan insurance companies want to use a person’s credit score to help determine how much they pay for car insurance each month. Ken Ross, commissioner of the [...]

Newsobserver.com reports that tens of thousands of North Carolina residents are getting more bads news in this slumping economy. One resident opened his auto insurance bill to find a shocking $184 increase! What caused this sudden turn for the worse? On January 1, a law requiring insurance for uninsured or underinsured motorists came into effect [...]

Michigan Gov. Jennifer Granholm When one auto insurance company decides to freeze its rates for a year, consumers rejoice! When twelve companies do it, well, its party time. In Michigan Gov. Jennifer Granholm asked for a freeze in auto insurance rates because many of the residents of that state were unable to afford it. “Auto [...]

Most people are fully aware that citizens of the United States aren’t the only ones experiencing economic troubles. But, I press release recently released by Swinton Insurance helps drive home this point rather clearly.According to the release, the insurance company conducted an online survey with 1300 participants.  With a focus placed on vehicle purchasing decisions, [...]

How would you feel about having your auto insurance company monitoring your driving habits?  Believe it or not, some states are actually considering allowing auto insurance companies to install small devices in the vehicles of their clients so they can keep track of their driving habits.  The idea is to track the habits of drivers [...]

Thanks to the recent reduction in gas prices, it seems more consumers are interested in purchasing trucks again.  In fact, according to a press release released by AutoUSA, the company has seen a 17.6% increase in the number of consumers requesting information about trucks while also seeing a 11.9% drop in the number of car [...]

Have you ever heard of an electric milk float?  If you live in Europe, you might be familiar with these electric vehicles, but anyone outside of Europe is probably scratching his head and wondering how exactly is milk supposed to float. Despite its odd name, an electric milk float is a special type of vehicle [...]

Everyone has a funny or unusual story to tell about the driving experience.  Whether it was an embarrassing mishap or something you saw on your way to your destination, likely have a story or two that is worth telling.  If so, you might want to visit the Kwik-Fit Car Insurance website.  The Kwik-Fit Car Insurance [...]

Company mobilizes Catastrophe Services® to Handle Claims from Storm Bloomington, Illinois, September 1, 2008 –State Farm, the largest insurer of homes and autos in the Gulf Coast and the nation has initiated Catastrophe Services operations to begin helping customers affected by Hurricane Gustav. “Our first priority is the safety and well-being of our customers,” said [...]