Average of £1.13 million paid out every hour in motor claims last year....
Consumer checkup: Rising US auto insurance costs creating a 'toxic problem'
A tree branch rests on a car after tropical storm Hilary moved through Sun Valley, Calif., on Aug. 21. The cost of private auto insurance and vehicle repairs...
A tree branch rests on a car after tropical storm Hilary moved through Sun Valley, Calif., on Aug. 21. The cost of private auto insurance and vehicle repairs...
Article / 23 days ago
GEICO rolls out 'Welcome Factor' discount for new personal auto policies
Geico Corp. has recently begun submitting personal auto rate filings in several states that offer a "Welcome Factor" discount to new customers....
Geico Corp. has recently begun submitting personal auto rate filings in several states that offer a "Welcome Factor" discount to new customers....
Article / 29 days ago
Preliminary NAIC data show State Farm, Progressive widen auto lead over GEICO
A tumultuous 2023 for the US personal auto business accelerated key changes at the top of the business line's market-share rankings that have been...
A tumultuous 2023 for the US personal auto business accelerated key changes at the top of the business line's market-share rankings that have been...
Article / 2 months ago
Root CEO eyes nationwide presence after best-ever quarter
Root Inc., an insurance technology company that offers coverage in 34 states, is planning to expand into new markets with an eye on establishing a nationwide presence for its car,...
Root Inc., an insurance technology company that offers coverage in 34 states, is planning to expand into new markets with an eye on establishing a nationwide presence for its car,...
Article / 2 months ago
Liberty Mutual, Auto-Owners lead US commercial auto premium growth in Q1
US commercial auto insurance premiums increased year over year in the first quarter of 2023, with Liberty Mutual Holding Co. Inc. and Auto-Owners Insurance Co....
US commercial auto insurance premiums increased year over year in the first quarter of 2023, with Liberty Mutual Holding Co. Inc. and Auto-Owners Insurance Co....
Article / 10 months ago
S&P webinar: Future of embedded insurance to turn on a 'seamless' experience
The bundling experience has been key to the growth of embedded finance in banking and insurance....
The bundling experience has been key to the growth of embedded finance in banking and insurance....
Article / 10 months ago
Progressive out front on commercial auto rate hikes in Q1 2023
The Progressive Corp. continued to increase commercial auto insurance rates during the first quarter of 2023, according to an S&P Global Market Intelligence...
The Progressive Corp. continued to increase commercial auto insurance rates during the first quarter of 2023, according to an S&P Global Market Intelligence...
Article / 11 months ago
Insurtech Root's private auto combined ratio tops 200% for 2nd straight year
Although it raised rates and slashed expenses in 2022, insurance technology company Root Inc. recorded a combined ratio well in excess of 200% in its...
Although it raised rates and slashed expenses in 2022, insurance technology company Root Inc. recorded a combined ratio well in excess of 200% in its...
Article / 11 months ago
US property and casualty insurers' earnings ride on management of personal auto
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Article / 1 year ago
Liberty Mutual, Allstate, Berkshire catastrophe losses exceed $3B in 2022
Ice covers a restaurant along the Lake Erie shoreline on Dec. 24, 2022, in Hamburg, N.Y., after winter storm Elliott hit the Buffalo suburb with wind gusts over 70...
Ice covers a restaurant along the Lake Erie shoreline on Dec. 24, 2022, in Hamburg, N.Y., after winter storm Elliott hit the Buffalo suburb with wind gusts over 70...
Article / 1 year ago