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With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners in unprofitable territory last year, prompting carriers to respond with pricing ...
Cars on U.S. roads are as old as they've ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies. The age of light vehicles domestically is ...
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody's Investors Services said in a report ...
New data shows a sustained increase in U.S. traffic deaths that regulators ascribe to impaired driving, speeding, a failure to wear seat belts and other unsafe behavior since the start of the ...
Having recently marked the one-year anniversary of the COVID-19 pandemic, it seems like an opportune time to consider how the pandemic has impacted the insurance industry. While business interruption ...
Despite a temporary downturn in the early weeks of the COVID-19 pandemic, personal auto insurance shopping rates actually rose in the first half of the year, according to TransUnion's 2020 Insurance ...
The global COVID-19 pandemic "will change the insurance industry irrevocably over the coming decade," says a new report from Forrester, with some of the biggest impacts hitting workers compensation ...
While many insurance experts believe that autonomous vehicle technology could drastically shrink the auto insurance sector, new KPMG research assigns a precise estimate to the drop. The number is ...
Virtual claims technology provider Snapsheet has closed a $12 million series D round led by venture capital firm Tola Capital. This marks nearly $50 million in funding since the startup launched in ...
Although small commercial insurance—outside of auto—is a top-line accelerator at The Hartford, auto insurance severity continues hitting the bottom line, say executives who expect a pretax $50 ...
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