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Drivers who file an auto insurance claim will see their rates climb by an average of 38% nationwide, while those who file two claims within a 12-month period can expect to pay nearly twice as much as claim-free drivers, a new report says. Read more
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Just in time for holiday travel, find out if your state is the worst. Read more
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The regulatory scrutiny that followed the financial crisis is forcing insurance CEOs to spend an inordinate amount of time on compliance to solve problems that do not exist and satisfy regulators who "don't understand the industry," according to Hanover Insurance Group's chief executive. Read more
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The market share of Citizens Property Insurance Corporation, Louisiana's insurer of last resort, is estimated to shrink to under 3% for the first time in six years following a seventh round of depopulation in 2014. Read more
Industry representatives and officials break down key parts of the FIO regulation modernization report. Read more
A new CFA report shows rates for identical drivers can vary by up to 100% depending on their credit scores. Insurance experts say CFA is making old arguments and ignoring research showing credit scores are an effective predictor of risk. Read more
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Meet your new co-driver: telematics. Read more
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19 Dec, 2013
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Source: http://insurancereviewinfo.blogspot.com/2013/12/the-impact-of-filing-claim-on-auto.html
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