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Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto insurance. ...
A new survey reveals that nearly a quarter of drivers opted for less car insurance coverage than they wanted in 2023. The national poll of more than 1,200 American drivers by Jerry, a car insurance ...
Car insurance premiums are skyrocketing primarily due to rising auto parts costs and extreme weather, according to virtual insurance agent platform Insurify's Q3 2023 Mid-Year Auto Insurance Trends ...
Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road ...
One-third (31 percent) of auto insurance customers in the U.S. reported a rate increase in the past year, leading to a growing number participating in usage-based insurance (UBI). This has led to the ...
Warren Buffett's Berkshire Hathaway Inc. said second-quarter profit missed analysts' estimates because higher claims costs fueled an underwriting loss at the insurance segment. Net income dropped 37 ...
For Allstate, the bid to make its online auto and home insurance provider Esurance a profitable endeavor remains a long-term goal. But the 2015 second quarter showed some moderate progress. Esurance ...
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