New York bill targets auto insurers with sweeping transparency mandate
The financial statements would need to be detailed enough to allow for an actuarially sound analysis of all income sources,…
Tag: Auto
New York targets insurance agents, adjusters, and auto premiums in three new bills
The most substantive of the three is Senate Bill 10017, filed by Senator Bailey on April 22. It targets Section…
‘Less predictable, less trusted’ roads pile pressure on auto insurers, Nationwide study finds
On underwriting and pricing, the challenge is how quickly models can adjust to sustained increases in distraction and aggression when…
Allstate CEO points to Florida tort reform as blueprint for auto insurance savings
Florida rate cuts highlight litigation’s role in insurance affordability Wilson has framed tort reform as part of a broader affordability…
Auto Club Enterprises’ Deephouse elected chair of IIHS Board of Directors
Brian Deephouse, vice president and chief actuary at Auto Club Enterprises, has taken the helm of the…
New York to launch real-time auto insurance verification system
The law amends New York’s vehicle and traffic law to establish a system where insurers provide the Department of Motor Vehicles with…
Allstate blasts Texas clinics, claims $5.2 million auto fraud scheme
The lawsuit, filed in the US District Court for the Northern District of Texas, names Foundation Physicians Group, Inc., Prime Imaging…
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump…
Trump Signs Executive Order Walking Back Some Auto Tariffs
President Trump signed a pair of executive orders on Tuesday that walked back some tariffs for carmakers, removing levies that…
Expert answers about auto insurance by The Texas Insurance Podcast
TDI experts answer Texans’ top auto insurance questions. What should auto insurance cost, and what’s the best kind to get?…