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S&P Global Market Intelligence is projecting that U.S. personal and commercial auto insurers will see a sharp improvement in their full-year combined ratios for 2020, followed...
The effect of social inflation is most pronounced in such countries as Australia, the UK and the U.S...
Self-driving cars, long touted by developers as a way to eliminate road deaths, could likely only prevent a third of all U.S. road crashes, an analysis of traffic accidents released on...
The legions of temporary auto insurance discounts and premium givebacks issued recently to help customers deal with pandemic financial fallout fell short in ensuring...
Progressive Corporation released a monthly earnings report for March 2020 yesterday, providing some early signs of the premium and loss ratio impacts of COVID-19 shelter-at-home...
Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place...
Insurers are reporting a 40 to 50 percent drop in claims volume for personal auto and a 30 to 40 percent reduction for commercial auto due to the coronavirus pandemic, an executive for...
The spread of COVID-19 across the globe and the associated economic fallout are evolving extremely rapidly, creating one of the most defining challenges...
Internet company Yandex, which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year...
Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses...
