News
General Motors Insurance Expands to Maryland
7+ hour, 3+ min ago (163+ words) Vehicle manufacturer branded insurance program now in 21 states. General Motors Insurance has added Maryland to its service area, bringing the total number of states where its auto insurance product is available to 21. The automaker's direct-to-consumer insurance arm announced the launch…...
Progressive Closes Gap with State Farm as Top U. S. Auto Insurers Reshape Market in 2025
2+ week, 4+ day ago (159+ words) Private passenger auto insurance premiums earned surpass $369 billion. Total direct premiums earned on private passenger auto insurance reached $369. 6 billion in the U. S. in 2025, up 5. 6% from $349. 9 billion in 2024, according to data released March 18 by the National Association of Insurance Commissioners (NAIC). The…...
State Farm Reports $4. 6 Billion Auto Underwriting Gain, Declares $5 Billion Customer Dividend
1+ mon, 3+ week ago (152+ words) Insurer's auto business swings to first underwriting profit since 2020, citing lower repair costs and fewer collisions. State Farm reported net income of $12. 9 billion in 2025, more than doubling the $5. 3 billion posted in 2024 and marking the company's strongest annual result in recent…...
State Farm to Consolidate 13, 000 Bloomington Employees Into Single Campus by End of 2027
3+ week, 3+ day ago (126+ words) Collision Week State Farm CEO Jon Farney told employees March 19 that the company plans to consolidate all 13, 000 of its Bloomington, Ill. -based associates into its Corporate South campus at 3 State Farm Plaza by the end of 2027. The move by the nation's…...
Allstate Subsidiaries Cut Louisiana Auto Rates Again as Commissioner Temple Finalizes New Filings
1+ mon, 1+ week ago (123+ words) Your source for the latest collision repair industry news, statistics and trend analysis. Louisiana Insurance Commissioner Tim Temple has finalized rate decreases from two Allstate group companies on their private passenger auto insurance programs, extending a string of reductions from…...
New Hampshire Drivers See Auto Insurance Rate Cuts From Major Carriers
1+ mon, 2+ week ago (123+ words) Collision Week Your source for the latest collision repair industry news, statistics and trend analysis. Several major auto insurers have reduced personal auto insurance rates in New Hampshire, with approved decreases ranging from 3% to 11%, the New Hampshire Insurance Department announced…...
Florida's Top 5 Auto Insurance Groups Indicate Average 8% Rate Decrease for 2026
1+ mon, 2+ week ago (121+ words) Your source for the latest collision repair industry news, statistics and trend analysis. Florida's five largest auto insurance groups are indicating an average rate decrease of 8% for 2026, Florida Insurance Commissioner Mike Yaworsky announced March 5. The five groups " Progressive, Berkshire Hathaway…...
Open Road Insurance Expands Classic Car Coverage to 35 States
1+ mon, 2+ week ago (111+ words) Collision Week Open Road Insurance said March 3 that its classic and collector car insurance product is now available in 35 states as the specialty insurer continues to expand its reach in the growing collector vehicle market. "Expanding to 35 states brings us…...
GEICO Reports $45. 2 Billion Premiums Written in 2025
1+ mon, 2+ week ago (120+ words) Your source for the latest collision repair industry news, statistics and trend analysis. Berkshire Hathaway reported its full year 2025 earnings on Saturday, February 28, providing details on its GEICO subsidiary'the third-largest private passenger auto insurer in the U. S. GEICO's pre-tax underwriting earnings…...
CSN Collision Adds Quebec Collision Repair Facility to Network
1+ mon, 2+ week ago (130+ words) Your source for the latest collision repair industry news, statistics and trend analysis. CSN Collision has added L'Atelier St-Ambroise in St-Ambroise-de-Kildare, Quebec, Canada to its network, effective Jan. 1. The collision repair facility is a new business launched by owner St'phane…...