Motor & Fleet

California to raise auto liability coverage limits in 2025

California to raise auto liability coverage limits in 2025

First update in 56 years doubles limits

Kenneth Araullo Dec 13, 2024
Nonstandard auto insurance rebounds—AM Best

Nonstandard auto insurance rebounds—AM Best

After years of losses, the market is showing signs of life

Texas campaign targets rising vehicle theft

Texas campaign targets rising vehicle theft

Over 65,000 cars and trucks are stolen annually in the state

Personal auto insurers struggle with lengthy rate approval processes

Personal auto insurers struggle with lengthy rate approval processes

Report highlights delays, rising costs, and the widening gap

Auto insurers see improved loss ratios in 2023 recovery – AM Best

Auto insurers see improved loss ratios in 2023 recovery – AM Best

Rate uptick and targeted underwriting help offset inflationary claims and repair cost

Telematics policy draft faces pushback

Telematics policy draft faces pushback

During the comment period, the APCIA criticized the proposal

Auto insurance shopping hits record levels in Q3 2024

Auto insurance shopping hits record levels in Q3 2024

Report sees surging consumer activity amid rising rates and strategic marketing

Plymouth Rock takes over Providence auto policies

Plymouth Rock takes over Providence auto policies

The transition means renewal offers can be made to policyholders

Distracted driving, social inflation weigh on commercial auto insurance – AM Best

Distracted driving, social inflation weigh on commercial auto insurance – AM Best

Liability claims surge as premium increases fail to offset escalating losses

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