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insurancenewsnet.com > oarticle > autoinsuranceinsanantoniotexas-com-launches-new-platform-to-simplify-auto-insurance-shopping-for-san-antonio-texas-drivers

AutoInsuranceInSanAntonioTexas.com Launches New Platform to Simplify Auto Insurance Shopping for San Antonio Texas Drivers

8+ mon, 4+ day ago (442+ words) SAN ANTONIO, Texas- March 25, 2025- Auto Insurance In San Antonio Texas, a new online platform dedicated to helping San Antonio residents find suitable auto insurance coverage, officially launched its services today. The website aims to streamline the process of comparing and selecting car insurance policies by connecting consumers with multiple insurance......

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insurancenewsnet.com > oarticle > savvy-senior-how-seniors-can-save-on-auto-insurance

Savvy Senior: How seniors can save on auto insurance

7+ mon, 2+ week ago (965+ words) Dear Savvy Senior: Can you offer any tips to help seniors save on their auto insurance? Dear Driver: As auto insurance rates across the country continue to rise for all drivers, seniors can face an even bigger price hike, once they reach their 70 s and their driving skills begin to decline. For example, raising your deductible from $500 to $1,000 can bring your annual... Dear Savvy Senior: Can you offer any tips to help seniors save on their auto insurance? I recently turned 70 and got hit with a 25% premium increase on my car insurance and am looking for ways to save. " Older Driver Dear Driver: As auto insurance rates across the country continue to rise for all drivers, seniors can face an even bigger price hike, once they reach their 70s and their driving skills begin to decline. Fortunately, there are ways you…...

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insurancenewsnet.com > oarticle > how-seniors-can-save-on-auto-insurance-3

How Seniors Can Save on Auto Insurance

7+ mon, 2+ week ago (620+ words) DEAR SAVVY SENIOR" Can you offer any tips to help seniors save on their auto insurance? DEAR DRIVER- As auto insurance rates across the country continue to rise for all drivers, seniors can face an even bigger price hike, once they reach their 70 s and their driving skills begin to decline. For example, raising your deductible from $500 to $1,000 can bring your annual... DEAR SAVVY SENIOR " Can you offer any tips to help seniors save on their auto insurance? I recently turned 70 and got hit with a 25 percent premium increase on my car insurance and am looking for ways to save. " OLD DRIVER DEAR DRIVER -As auto insurance rates across the country continue to rise for all drivers, seniors can face an even bigger price hike, once they reach their 70s and their driving skills begin to decline. Fortunately, there are ways…...

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insurancenewsnet.com > oarticle > a-few-tips-for-military-members-families-and-their-insurance

A few tips for military members, families and their insurance

2+ mon, 3+ week ago (552+ words) Before purchasing an insurance policy, military members and their families should ask the agent specific questions about how the company handles issues regarding military deployment. Insurance companies' practices can vary. It's a good idea to compare prices and the level of service across multiple different insurance providers. Shopping around can pay off. There are several different types of insurance. This column will focus on property and casualty insurance, such as homeowners', renters' and automobile insurance. A future column will look at life and health insurance. Before you leave on a military deployment, check your policy renewal date and payment terms with your agent to make sure your coverage will remain in effect during deployment. If the renewal date occurs while you're deployed, arrange to make sure your premium gets paid on time. Many homeowners' insurance policies have a "vacancy clause…...

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insurancenewsnet.com > oarticle > is-your-insurance-carrier-dumping-you-in-connecticut-youre-not-alone

Is your insurance carrier dumping you? In Connecticut, you're not alone.

7+ mon, 1+ week ago (946+ words) Apr. 21" Some 14,400 Connecticut homeowners were forced to scramble for new property insurance after getting dropped by their carriers in 2023. Non-renewal notices for homeowners policies spiked 45% from less than 10,000 in 2022, according to numbers provided to CT Insider by the Connecticut Insurance Department. For now, Connecticut is not in dire straits... Apr. 21"Some 14,400 Connecticut homeowners were forced to scramble for new property insurance after getting dropped by their carriers in 2023. Parts of the state ranked high nationally for non-renewals of coverage " and not just for homes along Long Island Sound. Yale seeks to sell $6B in investments as political pressures from Trump mount Watertown baker's sourdough bread 'like crack cocaine,' one customer raves CT jet-engine maker Pratt & Whitney sees profits rise 41% in first quarter The Friendly Toast will open its first CT restaurant on May 5 Trump's tariff revisions to impact Shein and Temu…...

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insurancenewsnet.com > oarticle > 12-states-facing-double-digit-car-insurance-hikes-by-end-of-2025-tariffs-escalating-costs-insurify

12 States Facing Double-Digit Car Insurance Hikes by End of 2025 – Tariffs Escalating Costs | Insurify

3+ mon, 2+ week ago (485+ words) Full-coverage car insurance rates are rising across the country, and some states are facing daunting double-digit increases, according to Insurify's latest car insurance report. Factoring in the impact of tariffs, 12 states will see steep year-over-year increases of 10% or more. Removing tariffs from the equation would drop the number of states facing double-digit rate increases to seven. "During the first half of the year, we saw some rate stability and even decreases in certain states," study author Matt Brannon said. "But it appears that trend will reverse in the second half of 2025, and some states will feel the pain more than others." Rhode Island's jump in fatalities lands it at top of list Rhode Island's full-coverage car insurance premiums have historically been high compared to larger states. For example, at the end of 2024, the state's annual average cost of full-coverage car…...

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insurancenewsnet.com > oarticle > in-the-car-files-provisional-patent-for-real-time-automotive-insurance-platform

In The Car Files Provisional Patent for Real-Time Automotive Insurance Platform

1+ mon, 2+ week ago (249+ words) STAMFORD, Conn.--(BUSINESS WIRE)-- In The Car, LLC., an embedded digital-first insurance platform, today announced that it has filed a U.S. provisional patent application for its innovative technology that delivers personalized auto insurance in real time to customers during new car purchases or service appointments. The patented system enables OEMs and automotive dealerships to provide customers individualized insurance quotes from an A-rated insurer near instantly. The new technology can be seamlessly integrated into the automobile dealer's sales process without changing the customer experience. Car dealers access the new technology by incorporating In The Car into their dealership management system (DMS). By leveraging secure data connections, real-time event triggers, and automation, In The Car transforms the way consumers discover and purchase insurance. Laura Crabill, Vice President of Operations, added: "We're focused on building a system that benefits all parties " simplifying dealership operations while…...

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insurancenewsnet.com > oarticle > rate-decreases-announced-by-floridas-top-five-auto-insurers-here-they-are

Rate decreases announced by Florida’s top five auto insurers. Here they are.

3+ mon, 3+ week ago (781+ words) Car insurance rates are falling in Florida, thanks to improved company profits and lower costs from reforms aimed at ending excessive litigation. Dating to late 2024, the state's five largest auto insurance groups have all asked Florida's insurance regulators to approve rate reductions for their various lines of business, a review of rate filings by the South Florida Sun Sentinel shows. Last week, Gov. Ron DeSantis attributed the reductions " averaging 6.5% among the state's five largest auto insurers " to the same reforms enacted in 2022 and 2023 that are credited with stabilizing home insurance rates in the state. Among other changes, the reforms prevented windshield-replacement companies from requiring customers to sign over the benefits of their insurance claims. Insurers contended that contractors would use the signed-over benefits to sue insurers and collect legal fees that far exceeded the costs to replace broken windshields. DeSantis…...

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insurancenewsnet.com > innarticle > is-long-awaited-insurance-industry-transformation-arriving-finally

Is long-awaited insurance industry transformation arriving — finally?

6+ mon, 4+ day ago (855+ words) The insurance industry is often said to evolve slowly " until it doesn't. According to two new reports, that moment of rapid insurance industry transformation may be arriving now. Taken together, the two reports draw a picture of an industry straddling the present and the future, challenged to both maintain profitability today and reimagine its structure for tomorrow. "The market is clearly in transition," said Patrick Foy, senior director of P&C market strategy at TransUnion. "Premium increases have likely peaked, but rising costs for imports and auto repairs still threaten future loss ratios." After several turbulent years of correcting for underpriced risk, auto insurers have finally turned the corner on profitability. TransUnion's Q2 report finds that while shopping activity is still elevated " up 10% year-over-year " the rate of premium increase has peaked. The focus is shifting to growth, with carriers ramping up…...

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insurancenewsnet.com > innarticle > insurance-industry-faces-4-possible-future-scenarios

Insurance industry faces 4 possible future scenarios

8+ mon, 2+ week ago (365+ words) The insurance industry faces four possible future scenarios. Insurance executives are optimistic about the major trends influencing their industry, but remain aware of critical risks to their organization. A panel of experts reviewed the findings of The Economist Impact research on the future of the industry during a recent webinar. Those four possible scenarios are: Two main drivers of change impact all of these scenarios: the pace of technological change and the level of global cooperation. Insurance executives surveyed said market dynamics and artificial intelligence are the most significant trends that could shape the insurance sector in the coming decade, said Edwin Saliba, senior analyst with The Economist Impact. But executives also identified three emerging risks to the industry: climate change, cybersecurity and geopolitics. Many leaders are aware of and optimistic about the use of artificial intelligence in the industry,…...