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Allstate and American Family Announce Programs to Return Portion of Premiums to Auto Insurance Customers

April 6, 2020 By CollisionWeek Editor

Both Allstate Insurance and American Family announced programs to return a portion of paid insurance premiums back to customers given dramatic declines in driving and accidents in as a result of shelter-in-place orders from states around the country. As CollisionWeek reported on April 3, weekly fuel consumption declined substantially in the second half of March […]

Filed Under: News Tagged With: Allstate Insurance, American Family, Coronavirus, Premiums

Global Auto Insurance Market Grew 5.2% Annually Since 2010

November 30, 2015 By CollisionWeek Editor

According to a new research study released by Finaccord, worldwide, the value of auto insurance premiums in 2014 was $671.3 billion with this global market size having risen at a nominal compound annual growth rate of 5.2 percent since 2010, when premiums were worth $547.0 billion, though this growth rate was 3.2 percent in real […]

Filed Under: News Tagged With: Finnaccord, Global Auto Insurance Market, Premiums

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