Emerging reform of no-fault car insurance policies will likely lower loss ratios in certain states, according to Fitch Ratings. The rating agency found that the loss ratio was 75 percent in no-fault states in 2009 and 2010 compared to 63 percent from 2006 to 2010 for states that do not have no-fault laws.

As a result, large auto policy underwriters such as State Farm, Progressive and Allstate have reported weaker underwriting results in no-fault states that include New York, Michigan, New Jersey, Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New York, North Dakota, Pennsylvania, Utah and even Puerto Rico.

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