auto insurance News
PCI: Insurers Must Get ‘Reasonable’ Access to Automated Vehicle Data
The Property Casualty Insurers Association of America wants future federal rules governing driverless vehicles to guarantee insurers "reasonable" access to data from cars with automated driving ...
Marketing, Telematics Help Carriers Counter Auto Insurance Price Hike Unhappiness: J.D. Power
About 26 percent of U.S. auto insurance customers have seen rate hikes so far this year, and they're not happy. However, it looks like clear communications from carriers can help mitigate any price ...
A Reassuring Message About the Transition to Driverless Cars
The advance of driverless cars and the prospect that they will disrupt property/casualty insurance and change the way autos are insured has created plenty of industry anxiety. Even before that point, ...
New Business Goes to Auto Insurers With Strong Underwriting Results: J.D. Power Study
Insurers with the strongest new business yield rates also have strong combined ratios in personal auto in the "J.D. Power 2017 U.S. Insurance Shopping Study." We define new business yield rates as ...
A ‘Textalyzer’ May be One Possible Way to Fight Distracted Driving
Ben Lieberman just wanted to find out what may have caused the head-on collision that killed his 19-year-old son, Evan, on a highway north of New York City. It took a lawsuit and six months in court ...
Memorial Day Travel Will Be at Highest Level Since 2005: AAA
An estimated 39.3 million Americans will travel 50 miles or more away from home this Memorial Day weekend—the holiday's highest travel volume since 2005, according to AAA. The majority of travelers ...
RSA Sees Net Written Premiums Rise in a ‘Very Good Start to the Year’
London-listed insurer RSA reported a 14 percent rise in first-quarter net written premiums on Thursday and said operating profits were ahead of plan, sending its shares higher. Best known in Britain ...
Allstate’s Q1 Profit Soars; Auto Line Pricing Improvement Progresses
Allstate saw its first quarter profit take a big jump this year to $666 million, up from the $217 million reported for the first quarter of 2016. Total revenue of $9.4 billion in the first quarter of ...