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.
Mercury Insurance links safe driving behaviors to potential auto insurance savings, emphasizing risk mitigation and regulatory considerations in underwriting.
Washington Senate approves SB5721 to mandate appraisal rights in auto insurance claims, enhancing policyholder dispute resolution. Bill awaits governor's signature.
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.
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 State's new law mandates independent appraisals for auto insurance damage disputes starting 2026, enhancing consumer rights and claim fairness.
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 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 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.
Explore how 3D printing is transforming auto repair insurance through cost efficiencies, quality control gaps, certification challenges, and emerging liability issues.
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.