Auto Insurance Market - Allstate Drops in the auto insurance market - graph down trend

Allstate drops below third place in the auto insurance market

The car policy provider recently lost significant ground according to recent NAIC data. Allstate has lost its previous coveted spot in the auto insurance market.…

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Evolution of transportation may change the auto insurance industry

Auto insurers will be impacted by self-driving cars Safer roads could have a major impact on the auto insurance industry, and self-driving cars may be…

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Auto insurance industry may be 40 percent of its current size in 25 years

In a quarter of a century, the car policy market could shrink by as much as 60 percent, says KPMG. A recent report issued by…

Auto Insurance rates and prices

Auto insurance competition helps U.S. drivers

It is believed that this heavily regulated industry keeps its prices down because of the need to compete. The Insurance Information Institute (I.I.I.) has released…

American car insurance risk starts to rise following record breaking low

The proprietary Auto Insurance Risk Index from TransUnion has reported a tiny rise by 0.03 percent at the end of 2011’s third quarter, following four…

China is likely to allow foreign companies into its mandatory auto insurance marketplace

The Insurance Association of China’s chairman has announced that the country will likely be opening its doors to the largest auto market in the world…

Allstate net income tumbles for third quarter after payouts for natural disasters

Following the $1.08 billion payout by Allstate Corp. for natural disaster claims, the net income for the company’s third quarter fell by 55 percent. Equally,…