Tag: Auto Insurance

Illinois Considers Reforming Auto Insurance Rates to Focus on Driving Records

Illinois Auto Insurance rates favor credit and ZIP codes over driving records, prompting new legislation for greater transparency and fairness.

NJBIA Partners with Plymouth Rock Assurance to Offer Auto Insurance Savings

NJBIA partners with Plymouth Rock Assurance to provide auto insurance discounts and personalized coverage options for New Jersey businesses and their employees, enhancing member benefits.

Q1 2024 Auto Insurance Shopping Growth Driven by Higher-Risk Consumers

Auto insurance shopping rose 10% in Q1 2024, driven by higher-risk consumers and traditional risk-based rate adjustments, with key factors like driving records and credit scores influencing premiums.

Louisiana's High Bodily Injury Auto Claims Drive Premiums; Tort Reform Debate Continues

Louisiana's elevated bodily injury auto claims exceed national rates, impacting premiums and prompting ongoing debates over tort reform and insurer transparency.

Insurance Data Tracking in Apps Raises Regulatory and Privacy Concerns

Examining concerns over app-based tracking of driving data affecting auto insurance rates, related lawsuits, and emerging U.S. privacy legislation.

Rising Auto Insurance Premiums: Key Factors and Savings Strategies

Explore the rising auto insurance premiums in the U.S. Learn the key factors affecting rates and strategies to manage and reduce your insurance costs effectively.

Impact of Tesla and Waymo Robotaxis on Berkshire Hathaway's GEICO Insurance Business

Explore how Tesla and Waymo's autonomous vehicle technologies could disrupt Berkshire Hathaway's GEICO auto insurance business, and what it means for the insurance industry and investors.

U.S. P&C Insurance Combined Ratios Hit Decade Low Amid Rising Costs and Digital Shift

U.S. property and casualty insurance industry sees best combined ratio in over a decade in 2024, driven by better personal lines underwriting and digital sales growth, despite rising auto repair costs and inflationary pressures from tariffs.

Louisiana Senate Advances Insurance Bill with Debate Over Rate Hike Authority

Louisiana Senate advances House Bill 148, sparking debate over expanding Insurance Commissioner Tim Temple's authority to reject auto insurance rate hikes amid rising premiums.

United Security Insurance Expands Personal Auto Lines into Arizona

United Security Insurance Company, part of Warrior Insurance Network, launches personal auto insurance products in Arizona, expanding its market presence with competitive pricing and flexible payment options.