INSURASALES

Tag: Auto Insurance

Rising Auto Loan Debt and Tariffs Stress U.S. Vehicle Ownership Costs

Record auto loan debt and new tariffs are increasing vehicle ownership costs for U.S. consumers, raising risks for the automotive financing sector and requiring careful financial planning.

Progressive Reports Record 26 Million Personal Auto Policies in Force in August 2025

Progressive reports a record 26 million personal auto insurance policies in force in August 2025, with 16.5% year-over-year growth continuing its expansion in the auto insurance market.

Texas Car Insurance Costs Soar Amid Complex Risk and Regulatory Environment

Explore why Texas car insurance rates are among the highest in the U.S., driven by risk factors, uninsured drivers, and regulatory challenges impacting premiums.

USAA Agrees to $5M Settlement Over Maryland Auto Insurance Late Fee Lawsuit

USAA to pay $5 million to settle Maryland class-action lawsuit alleging unlawful late fees on auto insurance policies. Settlement pending court approval.

Embedded Auto Insurance and Digital Platforms Address Rising U.S. Insurance Rates

Rising auto insurance rates in the U.S. are prompting dealerships and manufacturers to adopt embedded insurance and digital platforms, streamlining insurance purchases and managing repair costs with OEM parts.

AM Best Affirms 'A' Financial Strength Ratings for Ally Insurance Group

AM Best affirms stable 'A' ratings for Ally Insurance Group, highlighting strong capitalization and adequate operating results amid auto-sector challenges.

Louisiana's Insurance Crisis: Market Challenges and Regulatory Responses

Louisiana faces an insurance crisis driven by high bodily injury claims and litigation, with new regulatory measures and the FORTIFIED Roof Program aiming to stabilize premiums and boost insurer participation.

Michigan Ranked 4th State for Auto Animal Collision Claims by State Farm

Michigan ranks 4th nationwide in auto insurance claims from animal collisions, with deer causing the majority. State Farm data reveals seasonal trends and regional risk variations, impacting insurance claims and risk management strategies.

Mercury Insurance Advises Texas Drivers on Reducing Rising Auto Premiums

Mercury Insurance offers actionable tips for Texas drivers to lower auto insurance premiums amid rising costs influenced by weather events and inflation.

Mercury General's Strategic Resilience Amid Texas Auto Insurance Premium Surge

Explore Mercury General Corporation's financial resilience and strategic adaptability as Texas auto insurance premiums surge 40%, driven by inflation and wildfire risks. An analysis of underwriting discipline and investment strategies in a dynamic market.