PMR Law

Insurance companies forced to reduce policy premiums and its effect on claim payouts.

The National Association of Insurance Commissioners (NAIC) ordered auto insurers to institute partial reimbursements on auto policy premiums in April when the pandemic dramatically reduced vehicle driving in U.S. roads. As business and school closures and stay-at-home orders from the coronavirus outbreak cleared traffic on the nation’s highways, many of the largest auto insurers in […]