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Goldman Sees Autonomous Vehicles Transforming Insurance World

Insurance Journal

The rise of autonomous vehicles will force a reconfiguration of the $400 billion US auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about liability remain, according to Goldman Sachs. “Autonomy has the potential …

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Kentucky Auto Insurers Must Use Blue Book or J.D. Power on Vehicle Values, DOI Says

Insurance Journal

Auto insurers in Kentucky now have some official guidance and liability protection when determining the value of wrecked vehicles. In keeping with Senate Bill 136, approved on an emergency basis by state lawmakers this year, the Kentucky insurance commissioner last …

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NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate

Insurance Journal

New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry. The new law reduces the amount of personal injury protection (PIP), or no-fault, insurance coverage that the city’s …

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What Are the Risks of Liability Only Auto Insurance?

TGS

TGS Insurance Blog Lets be realwhen its time to pick an auto insurance policy, most of us are just hunting for the cheapest option that doesnt leave us totally exposed. So, lets break it down: what exactly is liability only auto insurance, and what risks are you signing up for if you roll with it?

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Allstate to ‘Lean Into’ Turnaround in Auto Business, and Grow

Insurance Journal

Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of personal insurance.

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The New California Vehicle Insurance Requirements Drivers Should Know

Top Insurance Blogs

California drivers are now navigating a significant shift in auto insurance law. This isn’t just another policy update; it reshapes the financial safety net we all rely on every time we drive.

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North Carolina Auto Rates to Rise for Second Time This Year After Agreement

Insurance Journal

North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry. The increase comes six months after lawmakers raised minimum auto liability