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.
- Advertisement -
Latest article
Aon, Swiss Re & Floodbase unveil parametric storm surge answer for US hurricane safety...
Re/insurance coverage broking big Aon has introduced the launch of a brand new parametric insurance coverage answer that's designed to handle and mitigate losses...
Hub Acquires Missouri-Based mostly Lindenwood Company
Hub introduced that it has acquired the belongings of Lindenwood Company, Inc. Phrases of the transaction...
USAA estimates $1.8bn of losses from LA wildfires – Artemis.bm
Insurer USAA revealed at the moment that it has acquired greater than 3,500 claims associated to the California wildfires, with 86% of claims receiving...