Authorities state a Pa man known as an insurance provider from an accident scene to purchase auto protection and later on claimed their wreck occurred after he or she got the actual policy.
The Altoona Reflection reports how the insurance scams charges submitted this 7 days against 33-year-old Erina Traveny originate from a good Aug. twenty one crash within Duncansville, Pa.
State prosecutors state Traveny didn’t possess insurance whenever he crashed which night therefore he known as Safe Car insurance from the actual scene as well as purchased protection without talking about the damage.
Prosecutors state Traveny submitted a $3, 900 claim the following day claiming the actual crash happened following the policy required effect.
Online court public records don’t list a lawyer for Traveny. He faces an initial hearing 03 17.
Kemper upon Dec. 11 announced it entered right into a definitive agreement to get Alliance U . s . Group and it is subsidiaries inside a deal that may help Kemper change its downwards trend within the auto insurance coverage business. Connections United Insurance coverage Co., the actual underwriting additional of Connections United Team, grew a minimum of 29 % year-over-year previously five many years except 2011, whenever it increased just 8. seventeen percent. The organization is likely to write a lot more than $300 zillion in 2014 immediate premiums, based on a information release launching the deal. According for an SNL research, this offer should improve Kemper’s personal auto marketplace share within California exactly where Alliance United is among the top 5 writers associated with nonstandard car insurance.
Farmers Insurance Number of Cos. reported the modest loss of 1. 07 % in premiums throughout the quarter when compared to same one fourth in 2013 as well as continued it’s slide within the ranking checklist. USAA Insurance coverage Group out of place Farmers to consider the 6th spot through growing 7. 06 percent throughout the quarter. USAA additionally reported the loss percentage of seventy five. 96 %, one from the highest one of the top car insurers. Officials through Farmers supplied some precisely the company’s strategy in a recent buyer day kept by Zurich Insurance coverage Group Ltd.
USAA handed Farmers for the very first time in conditions of car premiums created on last-12-months basis throughout the third one fourth. USAA as well as Farmers documented premiums created of $9. 68 million and $9. sixty two billion, respectively, upon last-12-months foundation.
Auto Membership Insurance Organization Group documented a reduction ratio associated with 28. 16 percent throughout the quarter, primarily because of Auto Membership Insurance Organization, which documented negative deficits incurred within the quarter. A spokeswoman from the company rejected to discuss SNL’s request more particulars.