CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Auto Insurance

Ratings Agency Reports U.S. Property/Casualty Insurers’ Operating Profitability Declined in 2015

March 16, 2016 By CollisionWeek Editor

U.S. Property/casualty insurers’ operating earnings decreased in 2015, highlighting the competitive operating environment and low investment yields that challenge insurers’ earnings growth potential, according to a new report by Fitch Ratings. Favorable reserve development and limited catastrophic loss activity helped to offset sluggish investment income. Fitch’s universe of 45 (re)insurance organization reported an aggregate a […]

Filed Under: News Tagged With: Auto Insurance, Earnings, Fitch

 Allstate Creating Innovation Hub in Chicago

March 2, 2016 By CollisionWeek Editor

Allstate logo

New space will help attract data and innovation specialists to drive advancements in research, analytics and telematics. Allstate announced plans to establish an innovation hub at the Merchandise Mart in downtown Chicago. The 45,000-square-foot office will bring nearly four hundred jobs to Chicago, primarily in the company’s Quantitative Research & Analytics (QR&A) and Connected Car […]

Filed Under: News Tagged With: Allstate, Analytics, Auto Insurance, Chicago, Quantitative Research, Telematics

State Farm Reports $6.2B Net Income in 2015, Up 47.6% from 2014

March 1, 2016 By CollisionWeek Editor

Realized capital gains drive net income growth. Auto insurance earned premiums up $1 billion in 2015 versus 2014. Auto underwriting loss widens. The State Farm property-casualty (P-C) companies reported total revenue, which includes premium revenue, earned investment income, and realized capital gains (losses), was $75.7 billion for 2015 compared with $71.2 billion for 2014. State […]

Filed Under: News Tagged With: Auto Insurance, Earnings, State Farm

Google to Shut Down Auto Insurance Comparison Website

February 24, 2016 By CollisionWeek Editor

Less than a year after announcing its launch in the U.S., Google will be shutting down its Compare product that allowed consumer to get quotes on a variety of financial services including auto insurance. In an email to Compare partners, Google explained that it plans to terminate its price comparison service in the U.S. and […]

Filed Under: News Tagged With: Auto Insurance, Google

Auto Physical Damage Insurance Underwriting Profit Declining Over Past Decade

January 8, 2016 By CollisionWeek Editor

Auto Physical Damage Insurance Profit

Latest statistics from the National Association of Insurance Commissioners indicates that the percentage of premiums going to pay losses increasing. Data contained in the National Association of Insurance Commissioners (NAIC) report on profitability by insurance line in 2014, released on December 31, 2015, illustrates the increasing percentage of underwriting dollars going to pay claims on […]

Filed Under: Research Tagged With: Auto Insurance, NAIC, National Association of Insurance Commissioners, Profitability

Thatcham Announces Partnership for Chinese Motor Insurance Ratings Market

November 18, 2015 By CollisionWeek Editor

Thatcham Research announced a partnership with the China Automotive Technology and Research Centre (CATARC) to enable the introduction of a vehicle insurance rating program into China. Funded by UK insurers, one of Thatcham’s key responsibilities is in administering the insurance Group Rating system on behalf of the Association of British Insurers (ABI). The newly signed […]

Filed Under: News Tagged With: Auto Insurance, China, Ratings, Thatcham Research

CNN Report Highlights Poor Quality Parts and Repairs, Body Shop Lawsuits against Auto Insurers

February 12, 2015 By CollisionWeek Editor

Collision repair industry reacts to Anderson Cooper 360 segment in prime time warning of unsafe repairs due to poor quality parts and repair work. Antitrust lawsuits against insurers detailed. Viewers of CNN’s Anderson Cooper 360 segment broadcast last night were exposed to the controversies surrounding insurance company referral programs, parts choice and collision repair quality […]

Filed Under: Feature Tagged With: Auto Insurance, CNN, Non-OEM Parts, Recycled Parts

  • « Previous Page
  • 1
  • …
  • 6
  • 7
  • 8

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Copart Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations Non-OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • Increased Demand for Gasoline Pushes Prices to Record Levels May 20, 2022
  • Partsmax Expands Sales Team May 20, 2022
  • NOVUS Glass Adds New Location in Kelowna, British Columbia May 20, 2022
  • Ford Issues Park Outside Warning for 2021 Expeditions and Lincoln Navigators May 20, 2022
  • AkzoNobel’s Tim Ronak Joins CIECA Board May 20, 2022
  • Rhode Island Legislation Seeks to Double Threshold Before Physical Inspection Required on Collision Repair Claims May 19, 2022
  • Copart Reports Revenue of $939.9 Million in Fiscal Third Quarter May 19, 2022

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in