Personal Lines
New Progressive Campaign Features Jon Hamm as Flo’s Former Flame
Progressive Insurance's most dedicated employee is about to get a possible love interest. Launching May 23, Progressive's new campaign follows Flo as she encounters an old flame—played by actor Jon ...
Tesla Bets It Can Bring Down Insurance Costs, Make Driving Safer
For more than six weeks now, the tech and finance industry has been riveted by Elon Musk's pursuit of Twitter. The topic has sucked up tons of oxygen and contributed to Tesla shares sagging amid a ...
Buttigieg Sends $5B to Cities for Safety as Road Deaths Soar
With new data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out ...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 — the highest number killed on American roads in a single year since 2005, according to a preliminary estimate from U.S. regulators. The ...
How Telematics-Driven Context Can Help Price Insurance and Reduce Auto Crash Risk
Insurance pricing is an imperfect process. It's been gradually refined over countless iterations of product revisions through hundreds of thousands of regulatory filings. Insurers have used different ...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA
A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners insurance policyholders reveals a majority of homeowners have not taken important steps to ensure ...
Allstate Outlines ‘Surgical’ Auto Rate Hikes to Combat Inflation
Rate increases in Allstate's auto insurance business are in integral part of the insurer's overall plan to address the impact of inflation. Wednesday during a conference call with analysts to discuss ...
Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results
First-quarter 2022 insurance premiums earned grew 6.5 percent to about $11 billion at Allstate Corp., as net income was $630 million compared with a loss of about $1.4 billion during the first three ...