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While shopping volume was up overall, higher-risk drivers continued exhibiting tempered purchase behaviors as a result of the pandemic.
The insurance industry continues to be challenged by questions around responsibility and compensation after a semi-autonomous vehicle crashes.
One-size-fits-all insurance is a thing of the past. Today's consumers want coverage that better reflects their usage and behavior.
Consumer Reports' annual auto reliability rankings are in for 2021, and for the first time, there's a new vehicle at number one.
More than 30% of consumers are showing interest in UBI coverage as they are driving less due to the pandemic.
The reinsurance market was already struggling at the start of 2020 from such pressures as social inflation and wildfire exposures. Then, along came COVID-19.
Vehicle automation should concern insurers as it leads to increased driver disengagement.
There are multiple variables preventing auto insurers from offerings complete policyholder refunds.
The risk management and insurance sectors were given the gift of time this year to strategize the best approach to driverless cars and trucks.
"We're building a great — like a major insurance company," Elon Musk said on an earnings call earlier this year.
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