After years of double-digit rate increases that pushed auto insurance costs to record highs, insurers in several states are now filing for rate reductions. In California, Florida, and Louisiana, major carriers have announced cuts ranging...
Pragati Insurance Limited, the Bancassurance partner of Midland Bank PLC, has successfully settled its first non-life motor car insurance claim.
To mark the occasion, a brief ceremony was organised at the bank’s Gulshan branch. During the event, a cheque was handed over to the...
Older drivers could be slapped with additional fees as car insurance companies cut no-claims discounts, even if they have gone decades without claiming.Experts are warning that insurance firms are "arbitrarily" capping proof of no-claims discount, potentially leading to drivers paying more for their...
Kathryn Wylde, president and CEO of the Partnership for New York City, sat down for a fireside chat at City & State’s recent New York’s Car Insurance Affordability Crisis event, presented in partnership with Citizens for Affordable Rates, which gathered industry experts and...
SEOUL, Nov. 24 (Yonhap) -- Non-life insurers' loss rate for their auto insurance businesses continued to rise in October due to reduced insurance premiums and increased traffic accidents, data showed Monday.
The nation's four major non-life insurers, including Samsung Non-Life Insurance,...
