"Insurers are doing their bit to reduce costs – such as streamlining operations, negotiating better repair arrangements, and investing in the repair workforce – but the reality is many cost drivers are outside the industry's control," Mr Hall said on Sunday.Â
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(Stacker) - High tariffs—they affect not only governments and corporations but also consumers right where it hurts—their wallets. Because high tariffs raise the cost of motor parts, maintenance, and even insurance claims, the auto industry is particularly affected. High tariffs have the potential...
ST. LOUIS, Mo. (First Alert 4) - If you noticed your car insurance rate has spiked recently, you aren’t alone. Experts tell First Alert 4 inflation and claims filed across the state are part of the reason your rates to go up.Nick Chabarria...
Premiums written up 17% year-over-year in February.The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 24,345,000 in February 2025, an increase of 4,342,000 or 21.7% from 20,003,000 in February 2024. The February total personal auto policies...
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