Auto Insurance News

• Do Progressive And Geico Need To Think Like Hurricane Insurers When It Comes To Self-Driving Cars?
  
  Today, auto insurance manages risk across millions of independent drivers. However, with AVs, the potential for systemic risk is very high due to the same software running in millions of cars. ...
  Forbes.  Thursday, 20 Feb 2020.
• California may curb some auto insurance discounts
  
  The proposal comes after an investigation found that lower-income Californians pay the most for insurance.
  CBS News.  Tuesday, 24 Dec 2019.
• California tries to curb discrimination in auto insurance pricing
  
  California is amending rules around pricing offered to "affinity groups" so auto insurers can't charge more to people of color and lower-income drivers.
  CNBC.  Tuesday, 24 Dec 2019.
• A look at auto insurance registration data in China may show Tesla sales surging
  
  An analyst believes data on automotive insurance registrations reveals that Tesla has strong demand in the key Chinese market.
  CNBC.  Thursday, 26 Sep 2019.
• Porsche rolls out its own car insurance in Illinois and Oregon - Roadshow
  
  It'll expand to include other states in the future.
  CNET.  Thursday, 20 Jun 2019.
• Allstate partners with Life360 app to leverage driving data
  
  Allstate's family of businesses is joining forces with the family-oriented location-sharing app to bring consumers insights into their driving habits and personalized car insurance offers.
  ZDNet.  Wednesday, 30 May 2018.
• Wells Fargo Opens Auto Insurance in Consumer's Name
  
  Last year, you may recall that Wells Fargo admitted to charging as many as 570,000 consumers for car insurance they didn't need.The bank apologized and agreed to pay back all of its affected customers. Photo Credit: NBC 5 News.
  NBC.  Monday, 21 May 2018.
• Fewer Shopping For Car Insurance As Ad Buys Fall And Falter
  
  But it can still pay off plenty to shop around for a better deal.
  Forbes.  Wednesday, 16 May 2018.
• Texans Could See Decrease in Car Insurance Bill
  
  Texas drivers could pay less for their car insurance starting in May, State Farm announced this week. Photo Credit: Getty Images.
  NBC.  Tuesday, 1 May 2018.
• Wells Fargo hit by record $1bn penalty
  
  The third-largest US bank is fined for issues at its car insurance and mortgage businesses.
  BBC News.  Friday, 20 Apr 2018.
• Wells Fargo fined $1 billion for auto loan, mortgage abuse
  
  The settlement with the CFPB cites Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles. Wells Fargo also will "remediate harmed consumers," the bureau said.
  AutoNews.com.  Thursday, 19 Apr 2018.
• Wells Fargo nears $1 billion fine for auto loan, mortgage abuse
  
  The settlement with federal regulators, led by the CFPB, is expected to cite Wells Fargo's practice of forcing auto insurance on some customers who took out loans to buy new vehicles.
  AutoNews.com.  Thursday, 19 Apr 2018.
• Wells Fargo faces $1 billion fine from loan abuses
  
  (Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.
  Reuters.  Friday, 13 Apr 2018.
• Monitoring app could save drivers on car insurance
  
  PROVIDENCE, R.I. (AP) - A new auto insurance company in Rhode Island is rewarding drivers with cheaper rates based off how they drive. ...
  Washington Times.  Sunday, 8 Apr 2018.

Auto Insurance News Headlines and News Summaries