①The stringent rate control in China's non-auto insurance market (“uniformity of filed and implemented terms”) will help optimize underwriting performance and promote insurers' ability to improve pricing capability and operational efficiency. ②The focus of competition in the non-auto insurance market will shift from...
State Farm is getting in on Florida’s auto insurance rate-cutting action.
In a news release on Thursday, State Farm said its latest rate cut would bring down premiums for its customers by an average of 10%.
Going back to October 2024, the company has cut...
Car insurance premiums jumped by an average of €51, or 9%, last year – increasing three times as fast as the cost of claims, the Central Bank reported yesterday.
The average motor policy rose to €623 between 2023 and 2024 while claims costs were...
