We're pleased to present Gallagher Re's Florida Market Watch Report for 2023 year end...
Türkiye: As technical losses mount in mandatory auto insurance business, insurers look to liberalised pricing
Compulsory motor third-party liability (CMTPL) insurance business, also referred to as traffic insurance in Türkiye, chalked up a technical loss of TRY13.7bn ($424m)...
Compulsory motor third-party liability (CMTPL) insurance business, also referred to as traffic insurance in Türkiye, chalked up a technical loss of TRY13.7bn ($424m)...
Article / 17 days ago
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 / 22 days ago
Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies - The New York Times
LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers had taken in their cars, including when they sped, braked too hard or accelerated rapidly...
LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers had taken in their cars, including when they sped, braked too hard or accelerated rapidly...
nytimes.com /
Article / 1 month ago
Time to scrap insurance premium tax for electric vehicles?
The majority of UK consumers are saying “no” to the insurance premium tax (IPT) being levied on policies for electric vehicles (EVs)...
The majority of UK consumers are saying “no” to the insurance premium tax (IPT) being levied on policies for electric vehicles (EVs)...
Article / 1 month ago
What's going on with Gap insurance after FCA's bombshell announcement?
'Gap was probably at the highest of everybody's list in terms of a product that was ripe for being targeted and corrected,' says chairman...
'Gap was probably at the highest of everybody's list in terms of a product that was ripe for being targeted and corrected,' says chairman...
Article / 2 months ago
Sri Lanka’s Motor Insurance Changes to Hit Non-Life Sector
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism (SRCCT) premiums to state-owned National Insurance Trust Fund Board...
A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, civil commotion and terrorism (SRCCT) premiums to state-owned National Insurance Trust Fund Board...
PR / 3 months ago
‘Changes' in motor market offer ‘exciting' opportunities for industry - Insurance Times
ABI director believes that reducing insurance premium tax could 'immediately help' the affordability of motor premiums...
ABI director believes that reducing insurance premium tax could 'immediately help' the affordability of motor premiums...
Article / 3 months ago
Australia: Committee makes progress on rewriting Motor Vehicle Insurance and Repair Industry Code of Conduct
The Motor Vehicle Insurance and Repair Industry (MVIRI) Code of Conduct Committee (CAC) has made significant progress in...
The Motor Vehicle Insurance and Repair Industry (MVIRI) Code of Conduct Committee (CAC) has made significant progress in...
Article / 3 months ago
UK insurers tumble on report of regulator comments on premium finance - Reuters
Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis...
Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis...
reuters.com /
Article / 3 months ago
Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals
The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the three states that the carrier...
The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the three states that the carrier...
Article / 4 months ago