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This is step Vegas with linsan news.com
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bringing you the major headlines from
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this weekend insurance News auto
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insurance fraud Is Falling in
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Massachusetts auto insurance has long
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been a problem for Massachusetts and has
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been receiving significant attention
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from the state's lawmakers a new report
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from the insurance fraud Bure of
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Massachusetts suggests that the fight
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against FR has saved drivers more than
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875 million in premiums so far a report
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notes that the number of fraudulent
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claims being generated by Auto accidents
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Has Fallen significantly over the past
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decade auto insurance frustration SPS
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new legislation in Connecticut State
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lawmakers have expressed frustration
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When it comes to the states Ban on
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talking and texting on mobile devices
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while driving as many people appear to
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be ignoring this Ban lawmakers suspect
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financial incentive may be enough to
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stop people using their mobile devices
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while operating a vehicle a new bill
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currently debated by legislators would
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add distracted driving violations to the
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state auto insurance laws making These
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violations available to insurers so that
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they can be used to boost insurance
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premiums Where necessary auto insurance
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overhaul moving to The Michigan House
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legislation foring a auto insurance
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catastrophic injury pays million
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is now headed to the house in Michigan
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this legislation would mean that anyone
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injured in an accident as of January
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2014 will have a limit on the payments
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that they will be able to receive from
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their insurance policies Some lawmakers
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are divided on the issue suggesting that
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a lifetime Cap on benefits may be
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drivers homeowners insurance Bill
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inspired by superstorm Sandy becomes Law
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in New Jersey a new Law New Jersey
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requires homeowners insurance companies
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to provide their policy holders with a
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one page description of What is and is
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not covered in their policies the goal
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of the new Law is to avoid the
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repetition of the confusion That was
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caused by superstorm Sandy when many
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consumers discover the limitations of
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their insurance coverage the recovery
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effort in New Jersey is still ongoing
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slowed somewhat by the confusion
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surrounding the insurance protection
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associated with homeowners
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coverage drama washes over the insurance
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Industry as companies Continue their
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Legal Battles AIG has announced it May
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pursue a lawsuit against Bank of
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America's countrywide insurance Unit AIG
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claims that countrywide is liable for
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billions of dollars in losses through
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fraudulent activities countrywide is
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being implicated as one of the
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instigators of the 2008 economic
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recession in the US That's it for this
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week's News Roundup be to visit live
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insurance news.com for Active coverage
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of issues that matter to you