State Farm Leans into the Storm
State Farm Leans into the Storm For most carriers 3rd quarter 2022’s underwriting results scream retrenchment: double digit deterioration in combined ratios […]
Tesla discovers that auto insurance is hard
In 2021 Elon Musk set a goal of “selling insurance in most states by the end of 2022” – yet currently Tesla’s […]
Carriers should perform risk selection ‘micro-surgery’ rather than ‘amputation’ during downturns.
The shockwaves from Covid, Ukraine and the Recession have hit personal line carrier bottom lines badly. Take Geico for example. The Berkshire […]
We’ll be at AWS re: Invent!
If you’re with an insurance carrier or an Insuretech we’d like to connect. If you want to do likewise, please fill out […]
Allstate finally gets a California rate increase
Ever since the Covid pandemic began carriers have been struggling with regulators about rates. And in no place has the struggle been […]
What does it take for a good inner city minority driver to get a fair insurance rate?
According to a study released by the Consumer Federation of America, drivers living in predominantly African American ZIP codes are charged 70% higher […]
Are Mandated Auto Premium Reductions Justified?
Policymakers in many states – notably including California, Michigan and Louisiana in recent weeks – are considering aggressive steps to drive down […]
Coming to an agent near you: direct online auto insurance losses
It is common knowledge that auto insurance distributed via the direct, online channel is much less profitable than agent business. But why […]
Rate Manipulation
Customers are using the knowledge they gained from shopping to manipulate rates more. Modern quotation systems make it easy for customers to […]
Six auto insurance trends driven by the pandemic.
It’s been a century since the United States has experienced a pandemic on the scale of the current COVID19 outbreak, resulting in […]
How to fight fraud and please sales at the same time
One of the biggest issues in insurance fraud prevention is managing error rates. The goal is to detect as many of the […]
Going Direct? There are five things direct auto carriers must stop
The P&C personal lines industry is in the midst of a technological and distribution revolution. Younger customers want to shop for and […]
