Monthly Archives: January, 2022

Poor credit can be worse than traffic violations

Poor credit can be worse than traffic violations In addition to your age, where you live and how you drive, auto insurers also use your credit score to determine your annual cost of insurance. Here are how the average annual...

A single traffic violation can cost you hundreds of dollars in car insurance

A single traffic violation can cost you hundreds of dollars in car insurance A single driving violation increases your auto insurance costs by an average of 35%, according to a recent Insurify study. Relatively minor infractions matter, too. A speeding ticket...

Blockchain-based insurance expected to transform claims administration

Blockchain-based insurance expected to transform claims administration Blockchain-based insurance is expected to transform claims administration, according to a new report by Juniper Research. Specifically, researchers expect blockchain-based insurance claims to exceed $10 billion in cost savings globally by 2024, up...

Auto insurance is expected to cost 5% more in 2022.

Auto insurance is expected to cost 5% more in 2022. Here’s where it’s the most and least expensive. Key Points The most expensive state for car insurance is Michigan, with an average annual premium of $2,858. Drivers in Hawaii pay...

Florida Lawsuit Charges United P&C With RICO Violations in Widespread Claims Denials

In the ongoing war between restoration companies and insurers in Florida, contractors suing carriers in assignment-of-benefits claims is nothing new. And insurers have long argued that some construction firms are colluding with adjusters and law firms to jack up...

Heidi Klum has $2M insurance policy on her legs, but one is ‘more expensive’

Heidi Klum has $2M insurance policy on her legs, but one is ‘more expensive’ This redefines looking like a million bucks. Taylor Swift isn’t the only celeb with a hefty price on her thighs. In a recent appearance on “The Ellen...
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