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Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along with elevated inflation and supply chain issues, may ...
Allstate has agreed to acquire Ohio-based SafeAuto, which offers car insurance that meets the minimum legal requirements in 28 states. The acquisition will be through Allstate subsidiary National ...
A 102.2 combined ratio may not be seem very good. For the U.S. nonstandard auto market, however, it represents a big improvement over past performance. A new A.M. Best report concluded the market ...
Kemper Corp. is celebrating a boost in net income for the second quarter thanks to "significant growth" in its personal automobile division, a few weeks after closing its recent $1.3 billion ...
Kemper Corp.'s plan to acquire Infinity Property and Casualty Corp. in a $1.3 billion cash and stock deal cleared a major hurdle, with shareholders of both companies signing off on the plan by a wide ...
The nonstandard auto market is not for every carrier or agency. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance, and many have struggled to ...
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