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Allstate recently received a 30 percent hike in auto insurance rates from the California Department of Insurance, said Mario Rizzo, president of property and liability at the company, in a Feb. 8 company earnings conference call. The recent rate increase will help the company recover from a rise in accidents in recent years, an Allstate spokesperson told The Epoch Times. “Our payments to help customers recover from accidents and disasters have increased significantly over the last few years an...
North America Telematics-based Auto Insurance Market By Type Pay-As-You-Drive (PAYD) Pay-How-You-Drive (PHYD) Usage-Based Insurance (UBI) Behavior-Based Insurance (BBI) Hybrid Insurance Models The...
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Autonomous vehicle technology, a rise in on-demand transportation and a shifting of liability to manufacturers will shrink the auto insurance sector by
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