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no-fault auto insurance states
771 documents for no-fault auto insurance states
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As you drive to work or run errands today, look around at the nearest five cars. It is likely that at least one of those drivers is an uninsured motorist -- and you are paying for it. When motorists drive without insurance, and cause accidents, they're driving on your policy. You pay the deductible. Your insurance company pays the damages. And all of us pay higher insurance premiums for these freeloaders. Last year, Colorado's broken no-fault auto insurance system was replaced with a tort system used by 37 other states. The result: In just six months, the average auto insurance premium in Colorado dropped 14 percent-27 percent, depending on the coverage chosen. This means auto insurance is more affordable and there is no excuse to break the law and not buy the required minimum coverage.
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To ameliorate the situation, Congress combined money requisitioned from general government revenues with charitable donations to create the VCF, a fund to compensate all of the victims of the terrorist attacks.15 Participation in the Fund was optional; Congress left victims the option to sue in tort if they were dissatisfied with the Fund payment.16 The unprecedented horror of the events of September 1 lth and the associated national insult were undoubtedly the impetus for Congress to enact such a revolutionary system, but the reason for the bill's creation should not limit its prospective application, if it is found to be a good model for the future.17 The central thesis of this Comment is that using the Victim Compensation Fund as a model for injury compensation in this country would ...
...It then goes on to discuss no-fault auto plans as an example of how some states have benefi....139 The administrative costs savings for nofault plans are so significant that they can sometimes e...
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BOSTON, March 29 /U.S. Newswire/ -- No-fault auto insurance is consistently more expensive than traditional insurance and should be repealed in Massachusetts and across the country, according to a national study of auto insurance premiums released today by the nonprofit, nonpartisan Foundation for Taxpayer and Consumer Rights (FTCR). The study found that the cost of insurance fell for drivers in states that have repealed no-fault laws. It also details the importance of a strong insurance regulation system in the effort to lower insurance rates.
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... paid its insured under Kentucky's no-fault auto insurance statute where injuries had resulted from...
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Per Claim Severity Costs Reach Second-Highest Rate in Years, Fourth Quarter 2009 Figures Show EAST ELMHURST, N.Y., April 21 /PRNewswire-USNewswire/ -- Fraud and abuse in New York's no-fault auto insurance system equate to about 20 percent of every no-fault claim paid, according to Dr. Steven Weisbart, chief economist at the Insurance Information Institute (I.I.I.).
... also operate in deeply troubled no-fault states, paid higher average no-fault claims as of year-en...
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...: . TERRORISM RISK INSURANCE PROGRAM. Subpart A: General Provisions. 50.5 - De... and the Attorney General of the United States:. (i) To be an act of terrorism;. (ii) To be a vio...(viii) Commercial automobile insurance, including insurance reported under Line...
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... so transformed the landscape of the United States as the automobile, and no other country has so tho... registration certificate and proof of insurance. Write down the insurance company name and policy ...
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To: STATE EDITORS Contact: New York Press Office, +1-212-346-5500, media@iii.org
... also operate in deeply troubled no-fault states, paid higher average no-fault claims as of year-en...
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The good news: Pennsylvania's largest automobile insurer, State Farm, has asked the state Insurance Department for permission to reduce its rates by 1.2 percent, effective May 7. The bad news: The Bloomington, Ill.-based insurance giant in recent weeks has flooded Western Pennsylvania mailboxes with postcards, touting the premium decrease and supplying the name of a nearby agent.
..., with many companies leaving coastal states, coming here because of our stable rates and good,...
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...Currently, in North America, most states and provinces have something in between: auto insu... and disadvantages of both tort and nofault regimes and attempted to measure the differences b...
