The price of auto insurance is heavily dependant on the age of a driver as well as driving history; unfortunately sixteen year olds do not have much of a history behind the wheel and subsequently are charged much more for coverage than more mature motorists.

An initiative that would change the way auto insurance premiums can be calculated under California’s landmark Proposition 103 was certified Wednesday to appear on the June 8 ballot, just hours after the author of the existing law assailed it as a deceitful attempt to raise insurance rates for millions of drivers.

INSURANCE premiums for cars and houses are expected to rise sharply as insurers scramble to recover from a year of shrinking profits.

Officials say auto theft rates dropped Valley-wide nearly 40 percent in the first six months of 2009.

Taiwan’s banks and insurance companies will gain from the new rules, but the Taiwanese need more liberalization to be competitive in the Chinese market

Florida, like most states, has a minimum coverage requirement which motorists must maintain at all times. Unfortunately, these requirements are set relatively low and drivers who carry the minimums may not be fully covered in the event of an accident.

Attorney General Martha Coakley finds herself on both sides of a legal dispute over the state’s competitive auto insurance system.

The AA has reported that they have seen a 40% increase in claims over the winter so far, with many claims relating to cars which have been abandoned in the snow and broken into.

In 1959, I was a 24-year-old student at Knoxville College and one of the few who had an automobile. Those were the days when gasoline cost about 20 cents a gallon and could be had for 10 cents during a price war. Driving was a pleasure, and lending my car to trusted fellow students was no big deal.

The O’Neill Group Insurance Agency has achieved a superior sales ranking of #97, out of the 3,121 independent agencies in 34 states that represent State Auto.