CarInsurance.com Insights
- Animal collisions: State Farm reports 1.7 million claims nationwide; top states include West Virginia, Montana, Wisconsin, Michigan and Pennsylvania.
- Progressive refunds in Florida: SEC filing shows Progressive may need to return excess profits to policyholders.
- CURE in Michigan: After canceling coverage, the insurer was accused of bad-faith practices and ordered to pay a $75,000 claim.
- Premiums stabilize in Mississippi: After a year of increases, rates are dropping for 13 insurers, including Progressive, Nationwide and State Farm.
- The cheapest EVs to insure: Mercury Insurance names the Chevy Blazer EV, Equinox EV and Nissan Leaf among the most affordable.
- Consumer switching trends: A survey shows that policyholders most often leave Nationwide, Farmers, Kemper, GEICO and Hanover to save money.
- Rhode Island bill: Proposed reform would prevent job-related accidents from raising premiums for professional drivers.
- Insurers bounce back: AM Best reported $14B in underwriting income in 2024, signaling the industry’s financial recovery.
The car insurance industry is not set in stone. In fact, it changes often. If you’re an everyday driver who wants to stay updated on the latest news and happenings, we have you covered.
Our team did the heavy lifting and compiled this car insurance news roundup for October 2025.
State Farm shares the top states for animal collisions
State Farm reported new data disclosing the top states for animal collisions: West Virginia, Montana, Wisconsin, Michigan and Pennsylvania. The insurer found 1.7 million U.S. car insurance claims from animal collisions between July 1, 2024, and June 30, 2025.
Progressive may have to refund policyholders in Florida
A recent SEC filing revealed that Progressive might be required to send refunds to its car insurance policyholders in Florida. The insurance company earned more profit in the previous three years than the state’s laws permitted.
CURE car insurance practices bad faith in Michigan
New Jersey-based CURE Auto Insurance has agreed to pay a Michigan policyholder’s $75,000 car insurance claim after initially denying it, canceling his coverage and selling his SUV. The Michigan Department of Insurance warns drivers of the insurer’s abusive, illegal tactics.
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Auto premiums in Mississippi start to stabilize
After about a year of steady rate increases, car insurance premiums in Mississippi have begun to stabilize. The Mississippi Department of Insurance, which regulates car insurance costs in the state, approved decreases for more than 13 companies, including Progressive, Nationwide and State Farm.
Mercury Insurance reveals the most affordable EVs to insure
A report by Mercury Insurance announced a list of electric vehicles (EVs) with the lowest car insurance rates. The Chevy Blazer EV and Equinox EV come out on top. Behind the two Chevys are the Nissan Leaf, Ford F-150 Lightning, Kia Niro EV, Hyundai IONIQ EV, Fiat 500e, MINI Cooper SE, Toyota BZ4X and the Subaru Solterra.
Consumer Reports finds out which car insurers customers are switching from to save money
According to a Consumer Reports survey, the five insurance companies that most of the respondents switched away from include Nationwide, Farmers, Kemper, GEICO and Hanover. Seventy-two percent of Nationwide policyholders found a new car insurer, while only 28% switched to Nationwide.
A bill aims to reform Rhode Island’s car insurance laws
RI S0084 strives to protect Rhode Island drivers by ensuring job-related accidents won’t increase their personal car insurance premiums. Also, per the bill, police officers, truck drivers, and bus drivers can’t get penalized by their insurer if they get into a car accident while on the job.
AM Best states that car insurers bounce back after years of losses
AM Best disclosed its Best’s Market Segment report, which reveals that after three years of consecutive losses, car insurance companies are turning things around. In 2024, they earned almost $14 billion in underwriting income. This likely means that premiums won’t drop anytime soon.
Final thoughts
The car insurance landscape is shifting quickly — from new state laws and stabilized premiums to insurer profits and refund disputes. For everyday drivers, the key is to stay informed, shop around when rates rise and take advantage of discounts or telematics programs that reward safe driving.
These industry updates show that while insurers focus on profits and retention, consumers have more tools than ever to compare coverage and find savings.
Sources
- AM Best. “Best’s Market Segment Report: US Personal Auto Insurance Segment Sustains Underwriting Turnaround Into 2025.”Accessed October 2025.
- Consumer Reports. “Why Most Drivers Switch Car Insurance—and How Much They Save.” Accessed October 2025.
- Insurance Business. “What’s the most affordable EV to insure in 2025?” Accessed October 2025.
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- Mississippi Free Press. “Mississippi Auto Insurance Rates Begin to Stabilize After Years of Increases.” Accessed October 2025
- The Detroit News. “Michigan insurance regulator warns against ‘abusive practices’; CURE settles case.” Accessed October 2025
- United States Securities and Exchange Commission. “The Progressive Corporation.” Accessed October 2025
- UPRISERI. “Insurance — Casualty Insurance Rating.” Accessed October 2025
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