auto insurance News
Allstate’s Auto Claims Surge in Q2, Leading to 45% Slide in Quarterly Profit
Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit plunged 45 percent on a surge in claims from automobile coverage. Net income declined to $355 ...
Auto Insurance Customers Comparison Shop But Increasingly Stay Put: J.D. Power Rankings
Auto insurers are finding it harder to attract new customers as consumers boost comparison-shopping, but stay put unless they find significant deals, J.D. Power found in its latest annual customer ...
U.K. Auto Insurer Hastings Eyes Potential IPO After Triumphant 2014
Hastings Insurance Group increased its customer base by 20 percent in 2014, boosting profitability and setting the U.K. car insurer on track for a potential initial public offering this year. ...
Car-Sharing Apps Could Pose Threat to Auto Sector
The humble smartphone could throw a spanner in the works of the car sector's post-crisis turnaround, with the big manufacturers facing a long-term threat from apps that make it easier and cheaper to ...
Kemper Eyes California Auto Expansion With $70M Alliance United Bid
Kemper Corp. will snatch up Alliance United Group and its subsidiaries for about $70 million, a move that fuels a California expansion for the company. Assuming regulatory and other conditions can be ...
EBI Platform Combines Telematics With CRM and Marketing Tools
A new telematic platform is being marketed to insurance companies worldwide as "the first permanent communication channel between car insurance companies and their customers." The Event-Based ...
AAA: Sleepy Drivers Trigger More Auto Accidents Than Expected
Auto insurers take note: Drowsy driving leads to motor vehicle crashes at much higher levels than federal statistics currently suggest, a new study has concluded. The AAA Foundation For Traffic Study ...
Insurance.com Survey: What Is Online Comparison Shopping Worth?
Bargain hunting for car insurance can save consumers $54 per minute, according to a new survey from Insurance.com. On a savings-per-minute basis, hunting for a bargain on car insurance outranks ...