Tag: auto

  • Recent Auto Insurer Sensa’s Device Analyzes Accident, Triggers Emergency Services

    Recent Auto Insurer Sensa’s Device Analyzes Accident, Triggers Emergency Services

    A recent auto insurer is popping the tables on automobile manufacturers that supply insurance with their roadside and emergency services by including these accident services with its auto insurance policy. Austin, Texas-based Sensa is looking itself the “first proactive insurance company” because it begins to roll out its auto insurance offering that features real-time help […]

  • Tesla, Other Automobile Makers Have Edge Over Incumbent Auto Insurers: Moody’s

    Tesla and other automobile makers represent a growing threat to incumbent auto insurers, regardless that they’ve little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled, “Tesla’s insurance enterprise puts incumbents under added pressure to innovate,” Moody’s reviews the competitive benefits of Tesla’s insurance business—mainly, the advantage of getting […]

  • Inflation Outpacing Premium Increases for Auto and Homeowners Lines

    US Insurers — already hammered by extraordinary losses brought on by natural disasters — are failing to lift premiums at a pace that matches the inflation rate, in line with the American Property Casualty Insurance Association. APCIA said private property/casualty insurers experienced an $11.3 billion underwriting loss within the third quarter of 2021. Incurred losses […]