Personal Auto

How Regulation is Impacting Auto Insurance

Feb 16, 2022 / by Lori Dreaver Munn posted in Community, Issues & Trends, Insurance News/Current Events, Regulatory/Compliance, P&C Insurers, Commercial Auto, Legislation & Regulation, AAIS News & Views, AAIS Insights, Personal Auto, Insurance Line of Business, auto insurance

0 Comments

Regulation plays an outsized role in the development of the auto insurance sector. Since the beginning of the pandemic, we have seen an even higher than usual impact from wild fluctuations in rates, claims, premiums, and consumer reimbursements, to activities impacting the industry itself.

Read More

COVID-19 Continues to Impact Auto Insurance Market

Dec 17, 2021 / by Meg Lech posted in Data & Technology, Tech News, IoT, P&C Insurers, Commercial Auto, AAIS Insights, Personal Auto, Data/Tech, Insurance Line of Business

0 Comments

As the pandemic rolls on, with the omicron variant providing the latest wrinkle, the auto market continues to be reshaped by COVID-19. Aside from the overall financial impact, now increasing claims, severity of claims and higher losses, and worsening consumer behavior are all leaving a mark. Here is the latest from around the industry:

Read More

Keeping Pace with the Evolving Auto Industry

Nov 2, 2021 / by Ash Naik posted in Community, Issues & Trends, Data & Technology, Tech News, P&C Insurers, Commercial Auto, AAIS News & Views, AAIS Insights, Personal Auto, Data/Tech, Insurance Line of Business

0 Comments

A Fast-Moving Auto Industry Presents Challenges and Opportunities

The automotive industry transformation continues to have significant repercussions in the insurance industry. With improving sophistication in car technology, telematics, and consumer behaviors, insurance carriers face new and unprecedented challenges spanning the entire lifecycle of the policy from research to claims. Still, personal and commercial auto insurance remain the industry bellwether as the largest product lines accounting for more than $300 billion in annual premiums.

Read More

Disruption in the Personal Auto Market

Oct 11, 2017 / by Casey Brewer posted in Issues & Trends, Data & Technology, Insurtech, Telematics, Auto, Personal Auto

0 Comments

The Greek philosopher Heraclitus is credited with coining the phrase "the only constant is change". Odds are he wasn’t predicting the current state of auto insurance, but those words ring true today as we look at this ever-changing marketplace. Lately there has been a lot of discussion about auto insurance, and varied opinions around the future of the largest line of P&C business. Nobody knows exactly what the auto insurance market will look like in 20 to 30 years, but it will be vastly different than it is today. AAIS Auto Product Manager Casey Brewer outlines the forces currently reshaping the market. Following are excerpts that summarize "The Trifecta of Disruptive Trends" affecting the Personal Auto Insurance market.

Read More
AAIS Learning-Pandemic Coverage in the Age of COVID-19
COVID-19 Resource site ad

Lists by Topic

see all

Posts by Tag

See all