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GEICO Introduces New Auto Insurance Rate Plan in Michigan

Posted by admin in July 6th 2008  

WASHINGTON–(BUSINESS WIRE)–GEICO has announced that it is introducing a new auto insurance rate plan that is expected to deliver insurance savings to many Michigan drivers.
“GEICO is pleased to release a new rating plan that [...]

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Study: Sioux Falls, S.D., safest US driving city

Posted by admin in July 6th 2008  

SIOUX FALLS, S.D. – An insurance study has once again found that Sioux Falls has the safest drivers in the nation, marking the third straight year that South Dakota’s largest city has topped the list.

Researchers with Allstate Insurance Co. analyzed two years of internal crash data to calculate the chance that drivers in 193 of [...]

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Honesty can cost Californians in auto policies

Posted by admin in July 6th 2008  

SACRAMENTO, Calif. — Will Californians lie to save money?
Apparently.
New legislation takes aim at an honor system, of sorts, that allows motorists to lowball their annual mileage and save on their car insurance premiums. Being honest, it turns out, can hurt — financially.
“I think it’s ingrained, given the structure of the current system, to lie,” said [...]

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Infinity Insurance and LA Galaxy Team Up to Fight Hunger

Posted by admin in June 28th 2008  

LOS ANGELES, June 23 /PRNewswire-FirstCall/ — June is Hunger Awareness Month and as part of the Galaxy Drive Series, Infinity Insurance has teamed up with the LA Galaxy in an effort to fight hunger. This year Infinity employees, agents, and the LA Galaxy collectively surpassed their own record by donating close to 1,800 canned food [...]

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GEICO Teams Up With Insurity to Launch GEICO’s New Commercial Auto Product

Posted by admin in June 28th 2008  

HARTFORD, CT — (MARKET WIRE) — 06/19/08 — To support the launch of its new commercialauto insurance business, GEICO implemented Insurity’s Insurance Decisionsproduct, an end-to-end processing suite. GEICO’s initial states are inproduction, and the auto insurer plans to roll out the system across therest of the U.S. throughout 2008 and into early 2009.

Insurity, a ChoicePoint® [...]

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3-Wheelers in Line for Green Light: Motorcycle Class to Be Redefined

Posted by admin in June 25th 2008  

By Amanda Dolasinski, The Columbus Dispatch, Ohio
Jun. 16–Three-wheel electric cars will soon be legal on Ohio roads, as Gov. Ted Strickland is expected to sign a bill recognizing them as motorcycles.
The cars currently don’t fit any of the state’s definitions of motor vehicles, said Julie Ehrhart, spokeswoman for the Ohio Bureau of Motor Vehicles. “They’re [...]

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Can a Car Save You $1,300 a Year? Cars That Get 100 MPGe Can!

Posted by admin in June 25th 2008  

MAYFIELD VILLAGE, Ohio–(BUSINESS WIRE)–
It may sound like a fantasy – but as summer kicks off with all-time-high gas prices – the race to build 100 mile per gallon or energy equivalent (MPGe) vehicles is on! And the result will be money in drivers’ pockets, not gas pumps.
The goal of the Progressive Insurance Automotive X [...]

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Progressive Announces Election of Roger N. Farah to Board of Directors

Posted by admin in June 18th 2008  

MAYFIELD VILLAGE, Ohio–(BUSINESS WIRE)–
The Board of Directors of The Progressive Corporation yesterday elected Roger N. Farah, 55, to fill a vacancy on the Company’s Board for a term ending on the date of the Annual Meeting of Shareholders in April 2009.
Mr. Farah is the President and Chief Operating Officer and a Director for Polo [...]

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GEICO deploys Guidewire claims system

Posted by admin in June 18th 2008  

Guidewire Software, an insurance solutions provider, has announced that GEICO, a private passenger auto insurer, has deployed its ClaimCenter, a modern claims system.
Government Employees Insurance Company’s (GEICO’s) national team of claims counselors across the country will now use Guidewire’s web-based claims solution to help provide a smoother and shorter loss reporting process for GEICO’s policyholders. [...]

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Infinity Property and Casualty Corporation to Present at the Fox-Pitt…

Posted by admin in June 18th 2008  

BIRMINGHAM, Ala., June 11 /PRNewswire-FirstCall/ — Infinity Property and Casualty Corporation (Nasdaq: IPCC), today announced Mr. James R. Gober, Chairman, President and CEO will speak at the Fox-Pitt Kelton Cochran Caronia Waller Small Mid-Cap Bank and Insurance Conference in New York on Wednesday, June 18, 2008 at 2:45 p.m. (ET). A live webcast will [...]

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