Total policies in force top 40 million for the first time as June net income falls 31% on investment losses and a higher combined ratio. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 27,932,000 in June 2026, an increase of 2,264,000 or 8.8% from 25,668,000 in June 2025. […]
NICB Credits Partnerships for Vehicle Theft Decline, Warns Against Complacency
The National Insurance Crime Bureau credited coordinated public-private prevention efforts for driving reported U.S. vehicle thefts to their lowest level in decades and called for sustained funding and stronger penalties to preserve the progress. The nonprofit anti-fraud organization issued the appeal July 15 to mark National Vehicle Theft Prevention Month, an annual awareness campaign launched […]
Private Passenger Auto Drives Louisiana’s First Broad Rate Relief, Triple-I Says
Trade group points to litigation and glass-claim fraud as the cost drivers still to be addressed. A new state law folds ADAS calibration disclosures and an assignment-of-benefits ban into Louisiana’s unfair trade practices statute. Private passenger auto insurance produced the sharpest turnaround in a Louisiana property/casualty market that posted its first broad rate relief of […]
U.S. Property/Casualty Industry Posts $84 Billion in Underwriting Gains Across Two Years
Private passenger auto held a combined ratio well below 100 for a second straight year, while commercial auto liability absorbed another $2.0 billion in reserve deficiencies. The U.S. property/casualty insurance industry generated $84 billion in underwriting gains across the past two full calendar years, its strongest showing in a decade and a reversal of the […]
Mile Auto Acquires The Insurance House, Expanding Southeast MGA Operations
Mile Auto Inc., the Atlanta-based managing general agent (MGA) that provides pay-per-mile Porsche Auto Insurance, has acquired fellow Atlanta MGA The Insurance House Inc. in a transaction effective July 1 that combines the two firms into an operation with nearly $100 million in annual premium. The combined business serves more than 55,000 policyholders and works […]
Lemonade Expands Autonomous Car Insurance for Tesla FSD to Colorado
Lemonade Inc. (NYSE: LMND) said June 22 that its Autonomous Car insurance is now available in Colorado, bringing to the state a usage-based product that gives Tesla owners 50% off every mile driven using the automaker’s Full Self-Driving (Supervised) technology. The expansion continues an early test of whether autonomous-assisted driving can be priced directly into […]
J.D. Power Finds Auto Insurance Customer Satisfaction Holds Steady
Insurers struggle to deliver seamless service across channels, shoppers turning to AI. Overall customer satisfaction with auto insurers held steady this year even as the market softened, with insurers’ inability to deliver seamless interactions across service channels emerging as the single biggest drag on satisfaction, according to the J.D. Power 2026 U.S. Auto Insurance Study […]
Illinois Right to Appraisal Bill Heads to Governor
Legislation would require an appraisal provision in auto policies with first-party physical damage coverage beginning July 1, 2027. The Illinois General Assembly has passed legislation requiring auto insurance policies that include first-party physical damage coverage to carry an appraisal provision for resolving disputes over the amount of a loss, sending the bill to Gov. JB […]
Lemonade Expands Autonomous Car Insurance for Tesla FSD to Indiana
Lemonade Inc. (NYSE: LMND) said June 3 that its Autonomous Car insurance is now available in Indiana, extending to the state a usage-based product that gives Tesla owners 50% off every mile driven using the automaker’s Full Self-Driving (Supervised) technology. The expansion deepens an early test of whether autonomous-assisted driving can be priced directly into […]
Calibrations and Parts Inflation Drive Collision Claim Complexity
Annual Enlyte report examines auto claim trends. Enlyte released its 2026 Envision Trends Report on June 2, and for collision repairers and auto physical damage claims professionals the most relevant section is an analysis from Mitchell’s Ryan Mandell that documents how ADAS calibrations, tariff-driven parts inflation and artificial intelligence are reshaping how collision claims are […]
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