auto insurance News
Auto Insurance Price Inflation Overstated, Swiss Re Economists Say
The sticker shock that U.S. drivers feel when they see their auto insurance premiums jump is real—but it's not quite as bad as a major economic indicator suggests, according to Swiss Re economists. ...
GM Ends OnStar Driver Safety Program After Privacy Complaints
General Motors Co. has ended its OnStar Smart Driver program after customers complained it violated their privacy. OnStar had cut deals with LexisNexis and Verisk to share personal driving data as ...
Progressive Gains as Drivers Shop Around for Auto Insurance—Again
Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices late last year, a new study of consumer behavior finds they're back to shopping ...
Cat Losses, Auto and HO Price Hikes Continue at Allstate
The Allstate Corporation announced estimated pretax catastrophe losses of $328 million for the month of March, bringing total pretax cat losses for the quarter to $731 million. The first-quarter ...
Profit Recovery Will Vary Among U.S. Personal Auto Carriers: Fitch
Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the pace to profitability will vary. Auto insurers Progressive and GEICO were ...
Carrier Retention Rates Decline Due to Auto Insurance Comparison Shopping
Consumers purchasing new policies and shopping around for auto insurance in the U.S. helped carriers post positive year-over-year growth and record volumes for the final quarter of the year, ...
Study: Buyers 45 and Under Want to Combine Car/Insurance Purchase
A new study focused on buyers 45 and younger highlights their preference for a seamless car shopping experience, combining car and insurance purchases. Polly, an embedded auto insurance provider, ...
Allstate Redesigns Mobile App
Allstate announced updates to its mobile app, adding more features such as an affordable gas finder called GasBuddy, a parking reservation platform called SpotHero, a climate risk resource to guide ...