Auto Theft Insurance Claims Surge in Atlantic Canada, Increasing Costs
Atlantic Canada has become a growing target for auto theft, according to the Insurance Bureau of Canada. In the 2024, auto theft claims in the region rose by 13%
Auto Insurance Market
Auto Insurance Market reviews on Beinsure media provides comprehensive coverage and analysis of the global automotive insurance industry. It features insights into market trends, regulatory updates, and key factors influencing the growth and dynamics of auto insurance. This section explores topics like technological advancements, policy shifts, and emerging risks affecting insurers and policyholders alike.
The category includes expert commentary on innovations such as telematics, usage-based insurance, and the impact of autonomous vehicles. Beinsure’s “Auto Insurance Market” serves as a valuable resource for industry professionals, providing up-to-date information on competitive strategies, market forecasts, and key players shaping the future of auto insurance. Whether you’re an insurer, broker, or customer, this section offers crucial insights into one of the most important segments of the insurance market.
U.S. Commercial Auto Insurance Achieves Underwriting Profitability for Years
U.S. commercial auto insurance has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting P&C insurance
U.S. Personal Auto Insurers See Strong Recovery, Growth Expected in 2025
The improving 2024 results for U.S. personal auto insurers are expected to persist through the rest of 2024 and into 2025. Significant price hikes and easing claims severity
New UK Government Will Claim to Reduce Car Insurance Hikes
The UK Government can reduce claims costs to lower car insurance prices, according to industry experts. The Labour Party, which polls indicate is win the general election
2024 Personal Auto Insurance Rates Overview
Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses
U.S. Commercial Auto Insurers to Remain Unprofitable in 2024
The U.S. commercial auto insurance segment to remain unprofitable in 2024, with rising claims severity from inflation and burgeoning litigation risk
Personal & Commercial Auto Liability Insurance in the US. Impact of Inflation
Inflationary trends in auto liability insurance, personal and commercial combined, drove loss and defense containment costs between $96 bn and $105 bn higher
US Auto Insurance Rates by States in 2024 (November)
2024 US Auto insurance rate for full coverage car insurance is $1,895, but how much you’ll pay depends largely on where you live
U.S. Auto Insurance Market Review: Premiums & Underwriting Losses
Most U.S. personal auto insurers continue to report underwriting losses despite sharper improvement in premium rates
U.S. Commercial Auto Insurance Market: 2023 Results
US commercial auto insurance premiums increased year over year in 2023, according to S&P Global Market Intelligence. The sector will see a combined ratio of 97–98%
Insurance Market in UAE Review: Premium & Net Profit
Insurance market in the United Arab Emirates grows by 13.2%, stemming from regulatory developments and rising insurance premium rates
TOP 20 US Auto Insurers Underwriting Results
The US auto insurance industry had a year to forget as the business line reported its worst underwriting results in over two decades
Technologies Will Transform Auto Insurance & Automotive Landscape
Autonomous vehicles will drive the transformation of the motor / auto insurance market, according to Moody’s Investors Servic
EV Insurance. Impact of Electric Vehicles on the Insurance Industry
As the world is gearing up for a shift to allow environment-friendly electric vehicles, the changing landscape presents opportunities for the motor insurance industry
Biggest Challenges Facing US Auto & Home Insurers: Slow Growth & Inflation
Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers
Who Should Be Listed on Car Insurance Policy?
Insurance companies typically require that all licensed drivers in a household be listed on the auto insurance policy except unlicensed teenagers or younger members under 14
Future Ways the Global Car Insurance Market May Evolve
Significant changes are ahead in AV and EV technology, and the Global car insurance market will need to adjust to the resulting disruptions
How New Trends are Shaking Up the US Auto Insurance Industry
The approximately $260 billion US auto insurance market is on notice. The conventional US insurance market, currently dominated by internal-combustion-engine (ICE) vehicles
Global Auto Insurance Market Reached $823 bn. Insurer Group Rankings
Insuramore’s recently published ranking for the global auto (motor) insurance market shows that its GDPW rose to around USD 822.5 billion
The insurance and reinsurance sectors face an expanding risk landscape, driven by critical challenges such as climate change and cyber threats
The 2024 Atlantic hurricane season ended on November 30, marking a year of above-average storm activity and substantial insured losses in the U.S.
PERILS has released its third insurance industry loss estimate for the floods that hit southern Germany from May 31 to June 6, 2024
Atlantic Canada has become a growing target for auto theft, according to the Insurance Bureau of Canada. In the 2024, auto theft claims in the region rose by 13%