INSURASALES

Tag: Auto Insurance

Mercury Insurance Highlights Safe Driving's Impact on Auto Insurance Savings

Mercury Insurance links safe driving behaviors to potential auto insurance savings, emphasizing risk mitigation and regulatory considerations in underwriting.

Washington Senate Passes Right-to-Appraisal Auto Insurance Bill, Awaiting Governor's Approval

Washington Senate approves SB5721 to mandate appraisal rights in auto insurance claims, enhancing policyholder dispute resolution. Bill awaits governor's signature.

Insuranceopedia Debuts PolicyAI: AI Tool Enhances Auto Insurance Policy Analysis

Insuranceopedia launches PolicyAI, an AI-driven tool that analyzes auto insurance policies to detect coverage gaps and offer personalized recommendations, enhancing consumer protection and transparency.

Texas Auto Insurance Rates Surge in 2024, Impacting Dealership Sales

Auto insurance rates in Texas rose to 125% of the national average in 2024, leading to higher buyer walkaways and challenges for dealerships. Integrating insurance solutions can help retain sales.

Washington Enacts Law Guaranteeing Independent Auto Damage Appraisals

Washington State's new law mandates independent appraisals for auto insurance damage disputes starting 2026, enhancing consumer rights and claim fairness.

Progressive Q1 Earnings Show 10% Profit Growth and Strong Auto Premium Gains

Progressive's Q1 2025 results reveal a 10% profit increase, 25% growth in auto premiums, and strategic AI investments driving operational efficiency. NAIC data confirms its position as the second-largest U.S. personal auto insurer.

Admiral Group to Sell U.S. Auto Insurance Business to J.C. Flowers in 2025

Admiral Group plans to sell its U.S. auto insurance subsidiary Elephant Insurance to investment firm J.C. Flowers, pending regulatory approval, with completion expected by Q4 2025.

State Farm Leads U.S. Auto Insurance Market in 2025 with $68B Premiums

State Farm dominates the 2025 U.S. private passenger auto insurance market with $68B in premiums, ahead of Progressive Group. Key developments include a shift in auto glass claims administration to Safelite Solutions, influencing service provider dynamics.

3D Printing Reshaping Auto Repair Insurance with New Pricing and Liability Challenges

Explore how 3D printing is transforming auto repair insurance through cost efficiencies, quality control gaps, certification challenges, and emerging liability issues.

Admiral Group Sells US Auto Insurer Elephant to J.C. Flowers & Co

Admiral Group is selling its US auto insurance subsidiary Elephant Insurance to J.C. Flowers & Co, refocusing on UK and European markets while ensuring growth in US auto insurance.