Today’s insurers want to be there for their customers—literally. With sensors of various kinds in policyholders’ cars, homes and personal devices, “exposure data tracking” is rapidly becoming a competitive imperative in personal lines underwriting and rating. That was the message …
American Association of Insurance Services (AAIS), a national not-for-profit insurance advisory organization governed by its member companies, announced the filing and approval of a new standardized Personal Auto Program available for the P/C insurance industry. Alabama leads the states in …
The Main Street America Group has introduced Main Street Protection Auto, its new private passenger auto insurance program for the preferred/standard marketplace in South Carolina via its statewide network of independent insurance agents. Product highlights include 20 different types of …
The share-and-share-alike attitude considered a virtue by some has the potential to create a rift between between ridesharing companies and insurance companies. “We try not to make it a battle,” said Robert Passmore, senior director of personal lines for the …
MAPFRE | Commerce Insurance has launched its DriveAdvisorProgram in Massachusetts. The new program will allow eligible Massachusetts drivers to receive comprehensive information on driving patterns and overall driving behavior through telematics technology. Participants in the program, which is offered at …
Milk…check; Eggs…check; Bread…check; Car insurance…wait, what? Most Americans’ grocery lists don’t typically read this way, but a new approach to selling personal auto insurance from Nashville-based, Direct Auto Insurance Co., could change the way consumers buy their coverage. The company, …
The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance. Travelers’ CEO Jay Fishman explained his company’s personal auto strategy at the Barclays Capital Global Financial Services Conference in New York last week. …
