Confie Seguros Acquires Power Auto in California
New York, NY-based Confie Seguros, a national provider of personal lines insurance focused on Hispanic consumers, acquired Power Auto Insurance, a privately-owned Cerritos, Calif.-based firm specializing in auto insurance.
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OAI: Auto Insurance Reform Bill Reduces Costs and Required Coverage for Floridians
By Online Auto Insurance, LLC MIAMI, March 13, 2012 -- /PRNewswire/ -- Florida lawmakers on Friday sent a bill to Gov. Rick Scott's desk that would make significant changes to how standard auto insurance policies in the state protect drivers, ...
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Auto Sales Continue to Rise; Car Insurance Rates Don't Have to Follow
According to Autodata, February 2012 auto sales were at their highest annual rate since March 2008. New cars usually mean new car insurance costs. But while most consumers are prepared to pay a little extra for auto insurance when they get a new car, ...
Read more on MarketWatch (press release)
Michigan Passes Auto Fraud Law Aimed at Cracking Down on Staged Accidents
By Michael Buck Michigan has passed a new law that gives more ammunition to insurance companies and prosecutors looking to crack down on fraud in the automobile insurance market. The bill, SB 298, is aimed at criminals who are paid to recruit people ...
Read more on Insurance News Net (press release)