Page All:
Page 1
Online Auto Insurance News Wraps Up Feb. News Developments
RANCHO CUCAMONGA, Calif., Feb. 28, 2011 /PRNewswire/ -- Coverage prices resumed their slow upward trend and state legislators across the country advanced a slew of legislation related to car insurance this month. The following summary sheet wraps up a few of February's most significant auto insurance news developments reported on at News.OnlineAutoInsurance.com:
-- The latest Consumer Price Index report indicated that the month-to-month
dip in premiums seen in December may have only been a one-off. Data
published on http://www.bls.gov/ showed prices for coverage climbing
one-fifth of 1 percent last month. Policy prices in January 2011 were
reportedly 4.5 percent higher than in January 2010.
-- The Wisconsin State Senate voted to rollback increases made in 2009 to
the state-mandated minimum levels of coverage. Voting on the measure was
delayed in the Assembly.
-- While Wisconsin legislators considered slicing the minimum amounts of
liability coverage required of drivers, lawmakers in Nebraska and
Illinois pushed bills to beef up the minimums in their states.
Nebraska's bill would double the required minimums there, while
Illinois' would increase minimums by more than 500 percent.
-- Legislatures in Oklahoma, Minnesota and Montana are all considering
bills that would institute "no pay, no play" laws in their states that
would bar uninsured motorists from collecting for pain and suffering
damages in the event of an accident.
-- Groups are pushing for no-fault insurance reform in both Florida and New
York. New York Senator James Seward introduced a bill in his state that
would fortify the system against abuse. The Property Casualty Insurers
Association of America called his bill "a comprehensive package" of
"necessary reforms."
-- Progressive's "Flo" advertising icon beat out the Most Interesting Man
in the World, the Old Spice Guy, the Budweiser Clydesdales and others to
rank No. 1 in an Entertainment Weekly poll that pitted marketing mascots
against each other.
-- Allstate launched a recruiting blitz for agency owners and sales
professionals in six state markets. The policy provider said its goal is
to recruit 338 agency owners and at least 175 sales professionals in six
state markets in 2011, with cash incentives offered in some states for
successful agency owner referrals.
To read the articles about these and the latest in auto insurance news developments, readers can go to http://news.onlineautoinsurance.com/ where visitors will find the only site on the Web devoted to publishing nothing but the latest newsworthy developments in the U.S. car coverage industry.
SOURCE Online Auto Insurance, LLC
Online Auto Insurance, LLC
CONTACT: Ben Zitney of Online Auto Insurance, LLC, +1-909-784-2471, ben@onlineautoinsurance.com
Web Site: http://www.onlineautoinsurance.com
Online Auto Insurance News Wraps Up Feb. News Developments
RANCHO CUCAMONGA, Calif., Feb. 28, 2011 /PRNewswire/ -- Coverage prices resumed their slow upward trend and state legislators across the country advanced a slew of legislation related to car insurance this month. The following summary sheet wraps up a few of February's most significant auto insurance news developments reported on at News.OnlineAutoInsurance.com:
-- The latest Consumer Price Index report indicated that the month-to-month
dip in premiums seen in December may have only been a one-off. Data
published on http://www.bls.gov/ showed prices for coverage climbing
one-fifth of 1 percent last month. Policy prices in January 2011 were
reportedly 4.5 percent higher than in January 2010.
-- The Wisconsin State Senate voted to rollback increases made in 2009 to
the state-mandated minimum levels of coverage. Voting on the measure was
delayed in the Assembly.
-- While Wisconsin legislators considered slicing the minimum amounts of
liability coverage required of drivers, lawmakers in Nebraska and
Illinois pushed bills to beef up the minimums in their states.
Nebraska's bill would double the required minimums there, while
Illinois' would increase minimums by more than 500 percent.
-- Legislatures in Oklahoma, Minnesota and Montana are all considering
bills that would institute "no pay, no play" laws in their states that
would bar uninsured motorists from collecting for pain and suffering
damages in the event of an accident.
-- Groups are pushing for no-fault insurance reform in both Florida and New
York. New York Senator James Seward introduced a bill in his state that
would fortify the system against abuse. The Property Casualty Insurers
Association of America called his bill "a comprehensive package" of
"necessary reforms."
-- Progressive's "Flo" advertising icon beat out the Most Interesting Man
in the World, the Old Spice Guy, the Budweiser Clydesdales and others to
rank No. 1 in an Entertainment Weekly poll that pitted marketing mascots
against each other.
-- Allstate launched a recruiting blitz for agency owners and sales
professionals in six state markets. The policy provider said its goal is
to recruit 338 agency owners and at least 175 sales professionals in six
state markets in 2011, with cash incentives offered in some states for
successful agency owner referrals.
To read the articles about these and the latest in auto insurance news developments, readers can go to http://news.onlineautoinsurance.com/ where visitors will find the only site on the Web devoted to publishing nothing but the latest newsworthy developments in the U.S. car coverage industry.
SOURCE Online Auto Insurance, LLC
Online Auto Insurance, LLC
CONTACT: Ben Zitney of Online Auto Insurance, LLC, +1-909-784-2471, ben@onlineautoinsurance.com
Web Site: http://www.onlineautoinsurance.com