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CAR CRASHES INCREASE BY 14 PERCENT IN THE LAST TWO YEARS

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According to Consumer Reports, car insurance prices are now pedal to the metal, meaning they’ve jumped 8.2 percent in just the last 12 months, nearly four times faster than the overall inflation rate, according to data released last Friday by the Bureau of Labor Statistics.

Insurers blame distracted drivers, increasingly congested roads, and an improving economy that prompts consumers to drive more miles, increasing the likelihood of crashes and upping company costs. “Auto accidents have increased 14 percent over the past two years—the biggest increase in more than 50 years,” says Bob Passmore of the Property Casualty Insurers Association of America, an industry group.

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Craig F. Schauermann

Formerly a founding partner, along with Bill Thayer. Effective July 1, 2015, Craig Schauermann transitioned from managing partner of the firm to an "Of Counsel" role with the firm. Craig continues his long history of mentorship to the firm's attorneys and contributes to the firm's active handling of its cases.

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