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The agent is facing 27 counts including grand theft and forgery for stealing from at least 10 small businesses.

Social and general inflation combined to push commercial auto liability payments higher by as much as $44 billion, Triple-I reports.

Road fatalities were not down everywhere as some states, such as Ohio, saw deaths increase during the period.

Topa Insurance was fined $2.1 million over an allegation that more than two dozen auto claims were mishandled.

Insurance fraud can cost U.S. consumers as much as $308.6 billion each year, according to a 2022 study by the Coalition Against Insurance Fraud.

Since April, more than 500 felony charges have been filed and 132 vehicles, valued at $11.5 million, have been recovered.

Overall, 21% of auto and 30% of home policyholders said they've misled their insurer to save money.

Cars with lower repair costs typically also cost less to insure, according to Mercury Insurance.