Telematics coverage draft faces pushback

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Telematics policy draft faces pushback

Telematics-based pricing, which assesses precise driving conduct reasonably than proxy information, is an evolving side of the U.S. auto insurance coverage trade, stated Casey Kempton of Nationwide. In 2023, Maryland’s largest personal passenger auto insurers by market share included Berkshire Hathaway (22.71%), State Farm (18.39%), and Allstate (12.41%), AM Finest reported.