Illinois Senate passes auto insurance rate notice Bill 714 for drivers
Illinois Senate Bill 714 would require notice before auto premium increases above 10% and give regulators more rate oversight
Auto Insurance News
Florida sets new e-signature rules for auto salvage insurance claims
Florida insurers face new identity verification rules for electronic signatures tied to salvage titles and certificates of destruction from July 2026
New York $268 bn budget plan includes auto insurance reforms and consumer protections
New York’s proposed $268 bn budget includes auto insurance reforms, consumer protections, tax measures, and dispute over whether lawmakers reached final agreement
New York weighs tighter approval rules for auto insurance rates
New York could require insurers to seek state approval for any auto rate increase as lawmakers debate reforms tied to the delayed budget
LEEO launches telematics-led commercial auto cover tied to driving performance
LEEO introduced a telematics-based commercial auto product that uses driving data, AI, and real-time insights to connect safer fleet performance with savings
US vehicle thefts fall 23%, National Insurance Crime Bureau data shows
Vehicle thefts fall to multi-decade lows in the US, with sharp declines across states and cities, NICB reports
Tesla sued over Cybertruck crash linked to electric door failures
Lawsuit alleges Tesla door systems trapped occupants in fatal Cybertruck crash, adding to growing scrutiny over electric door safety risks
Ohio auto insurance drops 6% in 2025 but remains up 44% since 2021
Ohio auto insurance costs fall slightly in 2025, though long-term increases persist, with urban drivers and litigation costs driving pricing trends
New York auto insurance reform sparks clash between trial lawyers and Hochul
New York’s auto insurance reform debate is escalating as Governor Kathy Hochul presses for legislation aimed at curbing litigation linked to vehicle accidents
Electric vehicles cut crash frequency but push insurance claim costs higher – GDV
New GDV analysis shows EVs cause fewer accidents yet generate 30–35% higher repair costs, shifting auto insurance loss economics
California auto insurance rates in 2026 jump over 30% since 2023
California drivers face auto premium hikes exceeding 30% in two years, driven by repair costs, heavier vehicles and inflation pressures
Louisiana auto insurance premiums fall 5.8% as 2025 rates stabilize
Louisiana insurance rates dip 0.4% overall in 2025, driven by a 5.8% drop in private passenger auto, while homeowners premiums rise at a slower pace
Progressive issues $1 bn in Florida auto insurance refunds
Progressive returns nearly $1bn to Florida drivers after litigation reform and lower loss costs, with average rebates around $300 per policyholder
Are autonomous vehicles from companies such as Waymo and Tesla making roads safer? Insurance research
Are autonomous vehicles from companies such as Waymo and Tesla making roads safer? The insurance industry’s research community is watching closely, and the answer remains unsettled
GEICO faces class action over added drivers and insurance premium hikes
GEICO faces a proposed class action in Florida federal court alleging the insurer added unrelated drivers to policyholders’ auto coverage without consent, triggering higher premiums
Experian brings auto insurance marketplace to ChatGPT users
Experian launched the Experian Insurance Marketplace app inside ChatGPT, extending its insurance comparison platform into a conversational interface used by millions of consumers
Michigan bill targets auto application rules and motorcycle insurance claim priority
Senate Bill 782 would end household listing mandates, restrict certain claim denials, and define payment hierarchy in motorcycle accidents
Full-coverage auto insurance premiums in the US drop 6% in 2025 after a 46% surge
Full-coverage auto insurance premiums drop 6% to $2,144 in 2025 after a 46% surge, but high-cost states climb and 2026 increases loom
Cargo theft shifts online as insurers warn of rising digital freight fraud
IUMI and TAPA EMEA warn cargo crime is surging worldwide, with digital fraud replacing physical theft as losses reach billions across supply chains
🇺🇸 New York targets auto insurance fraud as premiums near $4,000
New York moves to curb auto insurance costs with fraud crackdowns, payout limits for at-fault drivers, and revived enforcement as premiums run far above the US average
🇺🇸 New York auto insurance hits record $1,935 as affordability worsens
New York drivers spent a record $1,935 on auto insurance, ranking among the least affordable states as repair costs, injuries, and claims expenses climb
🇺🇸 US auto insurance costs rise as luxury and performance models drive premiums
Full coverage auto insurance in the US averaged $2,312 per year, or about $193 per month. That figure sits below the $2,746 annual average
Florida regulators approved new auto insurance rate cuts heading into 2026
Florida regulators approved new auto insurance rate cuts heading into 2026, with USAA’s 7% reduction adding over $125 mn in annual savings
USAA cuts Florida auto insurance rates 7% as pricing stays firm elsewhere
USAA will lower Florida auto rates by 7% in May, bucking national trends as tort reform, loss moderation, and strong earnings reshape pricing
Illinois Bill 4373 sharpens limits on auto glass insurance claims as ADAS rules expand
Illinois lawmakers are reviewing HB 4373, a proposal that would block assignment of rights in auto glass claims, restrict repair shop practices, and add ADAS calibration disclosures
US auto insurers cut rates nationwide as claims retreat, gaps widen
Auto insurers across the U.S. are cutting vehicle insurance rates after a sharp pullback in claims, a reversal few predicted following years of post-pandemic premium hikes.
Auto insurance premiums in California continue to climb
Auto insurance premiums in California continue to climb, placing the state third nationwide for rate increases despite a broader national slowdown in pricing
Pennsylvania House backs real-time auto insurance tracking bill HB 710
Pennsylvania lawmakers unanimously advance HB 710 to modernize auto insurance verification and curb erroneous registration suspensions
Michigan’s Insurance regulator claims the state’s auto no-fault law cut rates
Michigan’s Department of Insurance and Financial Services (DIFS) claims the state’s 2019 auto no-fault law cut rates and reduced the number of uninsured driver
New York Bill 9218 seeks to limit auto crash damages for certain drivers
New York lawmakers propose limiting auto accident damages for uninsured motorists, intoxicated drivers, and those involved in felonies or hit-and-runs
State Farm cuts Florida auto insurance rates again, down 20% total
State Farm trims Florida auto premiums by another 10%, marking a 20% total cut in a year as insurers credit reduced litigation for lower costs
Cambridge Mobile Telematics and TransUnion launch portable driving scores
CMT and TransUnion team up to create portable consumer driving scores, giving drivers control over safe driving data and insurers instant risk visibility
Tesla Insurance faces license threat in California over 2,500+ violations
California regulators accuse Tesla Insurance and State National of thousands of violations, threaten suspensions, fines up to $10k, and license loss
New York fines 8 auto insurers $19 mn over cybersecurity violations, data breaches
New York DFS fined eight auto insurers and agencies $19 mn for weak cybersecurity controls that exposed personal data through online quoting systems
Lemonade proposes near-zero insurance for Tesla Full Self-Driving
Lemonade proposes near-zero insurance for Tesla Full Self-Driving, using direct vehicle integration to cut costs and challenge Tesla’s stalled insurance rollout
Tesla Insurance eyes Florida – real-time pricing, employee rates, and a 12-state footprint
Tesla filed an updated Florida auto program effective Dec 2025, runs Safety Score 2.2 with up to ±50% monthly premium swings, and operates across 12 states with in-house insurers
Texas proposes binding appraisal process for auto & property insurance disputes
Texas proposes appraisal provisions for auto and property policies, with binding awards, strict timelines, and public comments open until Oct. 6.
Aon, NFP and Quálitas launch Conduzco Seguros, online auto insurance for U.S.-Mexico drivers
Conduzco Seguros offers Spanish-speaking U.S. drivers Mexican auto insurance via Quálitas, targeting cross-border travel needs with online convenience
Louisiana’s approved private passenger auto insurance rates dropped 2.3%
Louisiana’s approved private passenger auto insurance rates dropped 2.3%, according to Insurance Commissioner Tim Temple. The decline follows a fall in accident frequency
Maryland weighs transparency in growing use of auto insurance telematics
Telematics-based auto insurance has gained traction in Maryland, though its expansion has raised concerns over transparency and fairness
Louisiana enacts laws to address rising home and auto insurance costs
Louisiana lawmakers have enacted a series of laws aimed at addressing the state’s rising home and auto insurance costs, combining tort reforms, tax deductions for home-hardening projects
Oklahoma bans assignment of benefits for property and auto insurance claims
Oklahoma Governor Kevin Stitt has signed House Bill 1084 into law, prohibiting most forms of assignment of benefits agreements under auto, residential, andl property insurance
Cost of car insurance in the U.S. climbed nearly 21%
The cost of car insurance in the U.S. has climbed nearly 21% over the past year, according to the BLS. It rose nearly 2% in January without seasonal adjustments
Extra challenges for insurers in the UK electric vehicle insurance market
Surging UK insurance premiums for electric vehicles pose a risk to their widespread adoption, analysts have warned
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New US-Canada tariffs raise auto, property, trade credit and business interruption exposures as insurers assess higher repair and supply chain costs
US insurance sector outlook for 2025-2026: capital strength, social inflation risks, P&C returns peak, Florida reforms, life insurance resilience and alt capital trends
Teen drivers face crash rates nearly 4x higher than adults. Safer vehicle choices and smart insurance decisions can lower risk and costs for families
AM Best keeps a stable outlook for commercial lines, citing strong results, rising investment income and tech-driven underwriting amid stress in liability and auto