Personal auto
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Premium inflation is up but remains flat compared to 2019 despite loss-cost trends, suggesting further rate action from carriers.
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The Aon claims platform incorporates tech that can predict attorney involvement and subrogation risk for auto claims.
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Auto insurance claims costs are sharply rising in 2021, as Americans embrace risky driving behavior following a brief decline in miles driven in the early days of the COVID-19 pandemic, APCIA said in its latest report.
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The automotive company’s total costs for the recall are expected to eventually tally up to around $1.8bn.
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Ida soaks the tri-state – and has the potential to affect personal auto carriers more than comparable storms of the past.
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Texas’s objection to Progressive’s recent rate filings garnered attention, calling rates “excessive” and suggesting rebates instead.
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The InsurTech intends to use the new paper to accelerate the growth of its “next-generation” insurance offerings in the automotive fields.
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The classic car insurer is expected to trade under the ticker HGTY.
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What's next for the firm after posting poor results and cutting guidance?
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Inflation drags on another month, frustrating the recovery and challenging the P&C industry.
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The InsurTech has revised its guidance and plans to shrink its book in Q4.
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July CPI data show first decline in auto premiums since December, but prices overall continue to rise.
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