Auto insurance

Digital Insurance has named 15 honorees for this year's Women in Insurance Leadership award and five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. You can find those profiles, here.

Apple iPhone 15 and 14 users in the U.S. will have access to the service via a satellite.

In the six states where credit score matters the most, a driver with no credit pays on average 94% more for car insurance than a driver with exceptional credit.

Brown's approach to diversity in business allows firms to compete on equal footing with larger competitors, which increases collaboration and yields stronger business results.

In the five states where credit score matters the least, a driver with no credit pays on average just 11% more for car insurance than a driver with outstanding credit.

Boyd is president and CEO of Plymouth Rock Assurance Corporation where she is leading digital transformation.

Having recently increased its market, Roadzen is turning to a SPAC arrangement to fund further expansion plans.

Consumers continue to shop carriers for home and auto insurance in response to persistent rate increases.

The top five states have an average insurance premium increase for a DUI conviction of $1,366.80.

With rising auto premiums and increasing popularity of autonomous, connected, electric and shared vehicles, more insurers are offering telematics and usage-based insurance.

The top five states have an average insurance premium increase for a DUI conviction of $377.80.

FedEx is requiring contractors that deliver packages on behalf of the company's Ground unit to install vehicle cameras and sensors, enhance training and pay penalties if they incur too many accidents, according to FedEx memos to contractors.

High theft risks for Kia and Hyundai cars, and repair cost risks for Teslas, have driven auto insurers to drop or modify coverage of those vehicles, which is forcing more auto policyholders to switch carriers.

Berkshire Hathaway Inc. contended with rising prices, a troubled insurance market and a dearth of deals in the second quarter.

There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.

The most expensive five states have an average annual insurance premium for 16- to 19-year-old teenagers of $4,496.

The top five cars have an average annual insurance premium of $1,841.

The least expensive five states have an average annual insurance premium for 16- to 19-year-old teenagers of $992.

In other news: Nationwide launches digital platform Pet HealthZone and Bain Capital Insurance closes its 1.15B inaugural private equity fund.

Property and casualty players have struggled to maintain profitability as they deal with a greater frequency and severity of accidents, combined with higher costs to repair or replace damaged vehicles, as well as heightened costs linked to extreme weather events.