One year after the debut of its wireless Web initiative, Progressive Casualty Insurance Co. has added new enhancements to the program. Users can now get access to vehicle crash test ratings, a "vehicle recall" search capability and financial calculators that can help consumers determine costs of leasing a car as opposed to buying. Mayfield Village, Ohio-based Progressive was the first carrier to use Wireless Application Protocol (WAP) technology, enabling Web-enabled cell phone and personal digital assistant (PDA) users to access its Web site. Earlier this year, www.progressive.com became the first insurance Web site available on the Sprint PCS Wireless Web and the Nextel Wireless Web. When Progressive launched its wireless site in September 2000, consumers were able to use Web-enabled cell phones and PDAs to contact Progressive-with single-touch dialing-to get a quote, buy a policy, locate nearby independent agents by ZIP code and contact the company to report claims. By the end of last year it added features that enabled customers to pay an insurance premium around the clock by using PDA devices. Then in March, consumers could pay their premiums via cell phone.
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SDK integration can simplify and revolutionize digital offerings for health insurers.
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The insurtech discusses its multi-line solutions and ethics of AI.
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Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
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The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
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The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
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The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
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