An increase in heavier and autonomous vehicles is making an impact on road safety and car insurance.
Category: Auto insurance
20 insurers with the largest private passenger auto market share
The top five insurance companies have an average private passenger auto market share of 12.72% as of December 31, 2024.
Tariff-fueled car price hikes could create crisis of uninsured drivers
Increases in car prices in response to U.S. tariffs on foreign goods, potentially ranging from $3,000 to $12,000, has auto insurers ready to act. If premiums double, the increase in drivers going without insurance would force those with insurance to increase liability coverage.
Is Florida PIP really on the chopping block?
After some significant tort reform gains were made in 2023 and 2024, abolishing PIP may no longer be a pipe dream.
Protecting fleet operations: The latest innovations in commercial auto insurance
Insurtech is allowing carriers and companies to promote safe driving practices and save time and money.
The role of empathy in total loss insurance claims
Research reveals three key areas where an empathy-first approach from carriers can mitigate stress and improve the overall policyholder experience.
Chubb to buy Liberty Mutual Thailand, Vietnam insurance assets
Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia.
How could new trade tariffs impact auto insurance?
As the auto insurance industry faces tariff turbulence, it could serve as a potential catalyst for innovation and adaptation.
EV collision claims increased 38% YOY, Mitchell
Mitchell’s collision insights report reveals 2024 trends in battery electric vehicle claims.
Consumers’ search for lower rates continue: TransUnion
The latest Insurance Personal Lines Trends and Perspectives Report from TransUnion.