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Insurance Related Press Releases
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Last Updated: Dec 6, 2011 - 8:27:27 AM


Insurance Related Press Releases
Homeowners and Auto Insurance Deductibles
Understanding how auto and homeowners insurance deductibles work is crucial to getting the most out of your insurance dollars, according to the (I.I.I.).
Dec 6, 2011 - 8:20:00 AM

Insurance Related Press Releases
Homeowner Policies May Cover Windstorm Damages

Responding to Current California Windstorms, Insurance Commissioner Dave Jones Urges Residents to Be Aware of What Their Insurance Policy Covers Offers Insurance Information on Fallen Trees, Damaged Cars and other Debris.

Dec 6, 2011 - 7:54:07 AM

Insurance Related Press Releases
Fraud Tax: Florida Drivers Pay A "Fraud Tax" That Is Rising And Contributes To Higher Premiums For Honest Drivers
Staged auto accidents and excessive and often unnecessary medical treatment are adding around $1 billion to the costs of Florida’s no-fault auto insurance system, according to an analysis by the III.
Feb 3, 2011 - 8:33:00 AM

Announcements
Health Care Reform: Consumer Tips on the Federal Health Care Provisions
There are many new provisions of the federally-passed health care reform bill, and they can be difficult to interpret," said Commissioner Poizner. "Here are some tips and guidelines to help consumers understand how this federal legislation will directly impact them. And if anyone has a question about their health insurance, they can call our Consumer Hotline at 800-927-HELP
Sep 24, 2010 - 12:56:12 PM

Insurance Related Press Releases
$100 Million Rate Reduction for Farmers Auto Insurance Customers
California Insurance Commissioner Poizner announced that hundreds of thousands of Farmers Insurance customers are eligible to receive an average rate reduction of 14.5 percent and a one time 10 percent insurance premium rebate, worth a combined total of up to $100 million.
Jul 27, 2010 - 12:32:13 PM

Insurance Related Press Releases
Aetna Withdraws Rate Hike Filing After California Finds Major Math Errors

First, we found major problems with the Anthem Blue Cross rate filing," said Commissioner Poizner. "Now, additional scrutiny has revealed that Aetna's filing has significant mathematical errors. 


Jun 25, 2010 - 12:34:28 PM

Insurance Related Press Releases
I.I.I. Issues Video On Protecting Homes From Lightning Strikes
Homeowners investing anywhere from $1,500 to $4,500 can significantly diminish the chances that their dwelling or its occupants will be harmed because of a lightning strike, according to the Insurance Information Institute (I.I.I.)
Jun 25, 2010 - 12:23:26 PM

Insurance Related Press Releases
Rental Car Insurance Tips for Memorial Day Weekend
The AAA estimates that 87 percent of all Americans who are going away this Memorial Day weekend will reach their final destination by automobile-about 28 million people. But those renting a car for their first summer road trip often start don’t start about thinking rental car insurance until they get to the counter, which can result in costly mistakes, according to the Insurance Information Institute (I.I.I.).
May 30, 2010 - 8:17:40 AM

Insurance Related Press Releases
Homeowners insurance
Recent heavy rains have overburdened sewer systems, causing raw sewage to back up into drains in homes throughout the country. Backed up sewers can wreak havoc on a home, causing thousands of dollars in damage to floors, walls, furniture and electrical systems, according to the Insurance Information Institute.
Apr 27, 2010 - 7:07:58 PM

Announcements
Starting a Home-Based Business? Make Sure You're Properly Insured
With the national unemployment rate lingering around 10 percent, millions of Americans may be tempted to start a home-based businesses. But studies show that less than half of them have any type of insurance coverage for their new endeavor, and others wrongly believe a homeowners insurance policy is sufficient.
Mar 25, 2010 - 9:08:39 PM

Insurance Related Press Releases
Super Bowl XLIV: Designating a Driver Should Be At the Top of Everyone’s Super Bowl Party List
According to the most recent figures from the National Highway Traffic Safety Adminsitration (NHTSA), in 2008, alcohol-impaired-driving crashes accounted for 32 percent of total motor vehicle traffic fatalities. On Super Bowl Sunday (February 3 to 5:59 a.m. February 4), 49 percent of the fatalities occurred in crashes in which a driver or motorcycle rider had a blood alcohol concentration (BAC) level of .08 or higher. Overall, more than 13,000 Americans died that year in crashes involving an impaired driver.
Feb 2, 2010 - 7:05:24 PM

Insurance Related Press Releases
2010; Avoid the Five Biggest Insurance Mistakes
As the new year begins many consumers will be making resolutions, including about saving money. There are several ways to save money on insurance, but consumers should be careful about the ways in which they cut their insurance costs, according to the Insurance Information Institute (I.I.I.).
Jan 7, 2010 - 1:17:18 PM

Insurance Related Press Releases
9/11 and Insurance: The Eight Year Anniversary - Insurers Paid Out Nearly $40 Billion
The 9/11 attack produced insured losses of $39.5 billion (adjusted to 2008 dollars), including property, business interruption, aviation, workers compensation, life and liability insurance claim costs as shown in the graph below:

 

Sep 11, 2009 - 7:17:51 AM

Insurance Related Press Releases
Auto Insurance Fraud Increases as Ecomony Worsens
Financially desperate residents and scam artists may be committing more automobile insurance fraud to cash in on insurance money

 

Sep 11, 2009 - 7:00:47 AM

Insurance Related Press Releases
HMOs' Handling of Health Insurance Claims Initiates an Investigation
This investigation is prompted by reports that California's five largest health-insurance providers are denying insurance claims at rates of up to 39.6 percent

 
 

Sep 4, 2009 - 4:47:45 AM

Insurance Related Press Releases
IRS: Keeping Good Records Reduces Stress at Tax Time
Although most people won’t be filing their tax returns for several months, the dog days of summer are actually a great time to start planning for the tax filing season by ensuring your records are organized. 

 

Sep 1, 2009 - 2:19:34 AM

Insurance Related Press Releases
California Reminds Mandatory Day, Gloria & Station Fire Evacuees that Insurance May Cover Living Expenses
Insurance Commissioner Steve Poizner reminded residents who have been evacuated due to the Day Fire (Lassen County), Gloria Fire (Monterey County) and Station Fire (Los Angeles County) that they may be eligible for reimbursement for additional living expenses due to mandatory evacuations.

 

Sep 1, 2009 - 2:16:35 AM

Insurance Related Press Releases
If You’re off to College, Learn to Keep Your Credit Card in Your Wallet: Tips for Managing Your Money
In the midst of the worst economic times in years, many of today’s college students are turning to credit cards to finance their college education, using them for everything from everyday necessities to books and tuition. But now more than ever students need to resist the temptation to use their credit cards to make up for the lack of cash in their wallets, according to the Insurance Information Institute (I.I.I.).

 

Aug 28, 2009 - 9:01:58 AM

Insurance Related Press Releases
Cox Saves Consumers $160 Million on Blue Cross Rates

LANSING - Michigan Attorney General Mike Cox today announced that his intervention in Blue Cross Blue Shield of Michigan (BCBSM) rate increase requests has resulted in $160 million in savings for approximately 163,000 Michigan residents who buy their own health insurance.

 
 

Aug 10, 2009 - 11:58:28 AM

Insurance Related Press Releases
Healthy Families Program Wait List Effective July 17, 2009
The 18 month budget enacted for January 2009 through June 2010 left a $14 million shortfall in the Healthy Families Program (HFP) budget. The Governor and Legislature have proposed additional reductions in state HFP funding. Based upon actions taken by the Budget Conference Committee of the California Legislature, the HFP shortfall is likely to be at least $90 million general fund (GF) and $270 in total funding for the coming fiscal year.
Jul 15, 2009 - 10:11:24 PM

Insurance Related Press Releases
Don't Cancel Your Driver's Insurance, Urges Insurance Commissioner Poizner
In light of skyrocketing unemployment rates and harsh economic conditions, Insurance Commissioner Poizner today offered struggling San Diego residents an affordable automobile insurance option through the California Low Cost Automobile Insurance program
Apr 6, 2009 - 10:20:58 AM

Insurance Related Press Releases
Trying to Save Money on Insurance? Proceed With Caution, Warns the I.I.I.
With increasing job instability and the value of paychecks and investments going down, you may be tempted to cut corners on your insurance.
Mar 13, 2009 - 12:26:11 AM

Insurance Related Press Releases
NINE WAYS TO LOWER YOUR AUTO INSURANCE COSTS
Sometimes it takes more than a lizard to lower your auto insurance rates. Having a good driving record helps, but so does shopping around for the best rates, asking about safe driver or other discounts, and even requesting a higher deductible.
Mar 3, 2009 - 7:53:13 AM

Insurance Related Press Releases
Hyundai Genesis is a 2009 Top Safety Pick
The Hyundai Genesis is a large luxury car. To qualify for Top Safety Pick, a vehicle must earn the highest rating of good in the Institute's front, side, and rear tests and be equipped with electronic stability control.
Feb 24, 2009 - 9:18:27 AM

Insurance Related Press Releases
3 large pickups don't live up to brawny image in side tests;
The Chevrolet Silverado 1500, Dodge Ram 1500, and Nissan Titan are billed as workhorses, but the side crash protection these 2009 model large pickups provide is wimpy, at best. The trio earns either poor or marginal ratings in side tests by the Insurance Institute for Highway Safety.
Feb 12, 2009 - 7:22:36 AM

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