State-by-state analysis shows that claim-induced premium spikes remain high, but percentage-wise don’t jump by as much as last year.
Recent Auto Insurance News
The new CannaBOP Program is designed for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related businesses operating in the state of California.
Move expected to accelerate AXA’s planned spinoff of AXA Equitable as AXA transitions toward P&C risks and away from financial risks.
Record catastrophic losses place P&C insurer focus squarely on management of customer expectations. Amica Mutual tops satisfaction rankings for seventh consecutive year.
Recent jury verdict stemming from a 2010 fire incident proves a cautionary tale about the necessity of advising clients to secure adequate coverage.
An extensive (and expensive) list of perpetrators make up the “No Class of 2017” as determined by the Coalition Against Insurance Fraud.
Annual report from auto insurance search engine The Zebra examines auto insurance pricing across the U.S., uncovers local and national trends in context of disastrous weather events, technological advances, distracted driving, and other behavioral changes.
First-ever J.D. Power U.S. Independent Insurance Agent Satisfaction Study takes pulse of largest P&C distribution channel, and finds overall agent satisfaction with insurers is just 696 (on a 1,000-point scale) for personal lines and 686 for commercial lines.
A new Clearsurance ranking of the top auto, home and renters insurance carriers based entirely on policyholder feedback netted some strong results for USAA, which topped two of the categories and placed second in the other.
While Vermont is only state to earn an A+ grade, significant new restrictions imposed on underwriting freedom relegated Delaware to the bottom of R Street Institute’s 2017 Insurance Regulation Report Card.
Natural disasters cost the U.S. a record $306 billion in 2017. And while premiums may well rise for consumers, but experts say increases would have been more dramatic if the industry were not so capitalized and diversified.