1+ day, 23+ hour ago (383+ words) The majority of young drivers use some form of telematics policy in the UK as premium prices forces their hands. Oops, something went wrong Younger drivers forced into telematics by vast difference in premiums Premium prices for the youngest drivers in the UK continue to be priced aggressively and are forcing younger people into telematics policies. Over half of UK consumers between 18 and 25 years old who have a motor insurance policy have some form of telematics policy. Market research firm Consumer Intelligence found that the youngest group (1719-year-olds) pay 83% more for traditional cover than telematics (2,712 [$3,589] on average), according to the Insurance Times. GlobalData's 2024 UK Insurance Consumer Survey data backs up this vast difference in premiums as it shows that the youngest age group are more likely to have a telematics policy than a traditional one. It found that 68.0% of 1825-year-olds…...

1+ week, 1+ day ago (994+ words) Every U.S. state defines its own car insurance laws, which govern coverage requirements and your right to sue after an accident, among other things. There are two broad legislative approaches: at-fault and no-fault. Most states follow the at-fault framework, which requires drivers who cause accidents to pay for all damages and injuries. A state's at-fault designation has various implications, from the type of insurance you need to how claims are managed. Here's a review of the details you need to know, including which states have at-fault laws and what it means for you when you take the wheel. Learn more: How does pet insurance work? A complete guide. Thirty-eight U.S. states have at-fault car insurance laws: Learn more: Minimum car insurance requirements in all 50 U.S. states In at-fault states, whoever caused a car accident is financially responsible for the resulting injuries and property…...

1+ week, 4+ day ago (417+ words) ATLANTA, Nov. 19, 2025 /PRNewswire/ -- Shopping for auto insurance remained in high gear through the third quarter of 2025, according to the latest'U.S. Insurance Demand Meter from LexisNexis" Risk Solutions. The quarterly year-over-year shopping growth rate registered as "Hot" at 6.4% for Q3, while new policy growth came in "Warm" at 2.8%. Shopping Growth Remains Hot: U.S. auto policy shopping rose to 6.4% year-over-year in Q3, maintaining a "Hot" reading, but was down from the 9.4% increase in Q2. New Policy Activity Still Warm: New policy growth increased 2.8% year-over-year, down from 3.6% last quarter. Older Shoppers Drive Growth: Policyholders aged 66 and older exhibited the highest growth rate, outpacing younger cohorts with a 10% increase in shopping growth. Direct Channel Maintains Momentum: Again, the direct channel posted strong shopping growth (14.1%), while exclusive and independent agency channels experienced declines compared to Q2. Exclusive channel growth slid to -0.8% but independent channel growth was 2.8% Consumers aged 66 and older,…...

1+ week, 5+ day ago (173+ words) New GEICO policyholders can save up to 10% with Motive AI Dashcams and telematics The program is live today for new GEICO policyholders in select U.S. states, with nationwide expansion continuing throughout 2026. Existing customers can gain access in the future. GEICO joins more than 40 carriers, Managing General Agents (MGAs), and captives in the Motive Insurance Partner Program. By integrating insurance incentives with Motive's platform, organizations can gain a real-time, integrated view into driver behavior, vehicle health, fuel, maintenance, and spend'helping them maximize uptime, cut costs, and run at peak performance. With Motive's integrated Driver Safety and Fleet Management products, fleet managers can: Resolve claims faster: Automated collision reports provide insurers with real-time data to triage and resolve cases quickly. Exonerate drivers when it matters most: The Motive AI Dashcam captures clear video evidence to counter false claims and reduce costs. Gain full-fleet…...

1+ week, 6+ day ago (489+ words) SAN RAMON, Calif., November 17, 2025--Rootstock acquires Praxis and appoints Praxis Head Ohad Idan as VP of Product to drive ERP innovation and deepen Salesforce ecosystem expertise. Oops, something went wrong Rootstock Software Acquires Praxis Solutions and Appoints Praxis Head Ohad Idan as Vice President of Product Acquisition deepens Rootstock's Salesforce ecosystem expertise to accelerate agentic capabilities, extend professional services capacity, and strengthen ERP product leadership SAN RAMON, Calif., November 17, 2025--(BUSINESS WIRE)--Rootstock Software ("Rootstock" or "the Company"), a recognized leader in cloud ERP for product-based companies, today announced its acquisition of Praxis Solutions, LLC ("Praxis"), a Salesforce consulting and implementation firm with a long-standing partnership with Rootstock. Rootstock is backed by Gryphon Investors, a leading middle-market private investment firm. As part of the acquisition, Ohad Idan, Founder and CEO of Praxis, will join Rootstock as its new Vice President of…...

2+ week, 1+ day ago (1744+ words) Renters insurance covers many of the financial losses you might experience when renting a home or apartment. A standard renters insurance policy typically includes three components " personal property coverage, liability coverage, and additional living expenses. For most tenants, renters insurance is pretty affordable, with an average premium of $15 to $30 per month. Learn more: Should you rent or buy a home? How to decide. If you're a renter, you might need to carry renters insurance. While renters insurance isn't legally required by law, your landlord can require it as a condition of your lease agreement. But even if your landlord doesn't require renters insurance, it's still good to have. Your landlord's insurance doesn't provide any coverage for your personal items, liability, or additional living expenses. Learn more: Is homeowners insurance required? The answer might surprise you. Renters insurance can reimburse your…...

2+ week, 2+ day ago (1102+ words) Why is car insurance so expensive for someone living in a certain state, but much more affordable for the same person if they move to a different state? There are many reasons for this significant imbalance, but the main issue comes down to state laws, litigation and claims costs, local risk factors and the cost of living in the area. Just as rent is much higher in Manhattan than it is in Milwaukee, so is car insurance. But that comparison only goes so far. Rent comes down to population density, amenities and location desirability, yet car insurance is more expensive in even the least desirable part of Florida than it is basically anywhere else in the U.S. Inflation isn't helping the situation, either " a MoneyGeek report analyzing 83,056 quotes from 46 companies across 473 ZIP codes found that average car insurance prices have increased…...

2+ week, 2+ day ago (1010+ words) You may be accustomed to paying your auto insurance company " millions of Americans do it every month without a second thought. But, in a welcome reversal, some drivers are getting a billion-dollar refund. Florida Governor Ron DeSantis announced that Progressive will return nearly $1 billion to auto policyholders in the state, calling it proof that Florida's troubled insurance market is finally on the mend. "Florida's insurance market is stabilizing with decreasing auto and home insurance rates and frivolous litigation is declining," DeSantis said in a press release (1). "This year, Florida's top five auto insurers are averaging over a 6% rate reduction and we've secured nearly $1 billion in credits for Progressive auto policyholders " and the other carriers are expected to follow suit soon." Florida Chief Financial Officer Blaise Ingoglia celebrated the move. "It's a good day when the insurance companies are the ones…...

2+ week, 2+ day ago (1477+ words) Electric bike insurance probably isn't top of mind when you hit the road on a new set of wheels. You're probably more focused on exploring new terrain, reducing your carbon footprint, or getting exercise while you commute. Generally, e-bike insurance isn't required by law, but going without e-bike insurance could leave you with several coverage gaps. Fortunately, e-bike policies are affordable, and you can usually buy coverage online. Read on to learn how e-bike insurance works, what's typically covered, and how to buy it. Learn more: How does car insurance work? The basics explained There's no uniform definition of e-bikes, but an e-bike is typically defined as an electric bicycle with a battery and an electric motor to help with pedaling that doesn't exceed 750 watts. Most states treat e-bikes as regular bicycles. Regulations surrounding e-bikes are still evolving, but the…...

2+ week, 3+ day ago (246+ words) Quarter over quarter, relative Q1 2025 results showed average renewal rate change decreased across all lines of the most commonly placed Commercial Lines categories, including Real Estate Property, Business and Professional Services, Construction, Hospitality Services, and Retail Services.Significant findings include: Business and Professional Services:Q3 2025 premium renewal rate change averagewas 2.72%, down from the Q2 2025 average of 3.00%. Construction, Erection, and Installation Services:Premium renewal rate change averagewas 2.81% for the quarter, down from the Q2 2025 average of 3.56%. Hospitality Services:Q3 2025 premium renewal rate change average was 2.33%, down from the Q2 2025 average of 4.53%. Real Estate Property:Premium renewal rate change average was 2.41% for the quarter, down from the Q2 2025 average of 3.38%. Retail Services:Premium renewal rate change averaged 3.90%, down relative to the Q2 2025 average of 4.62%. "We are seeing acontinued softening of the market across all commercial lines of business, both compared to Q3 last year and Q2 this year," said Steve Whitelaw, SVP…...