Insurance automobile rating
Insurance Information Institute has received a lot of calls about automobile rating factors. Here's some background information. I testified before Congress on May 1, and rating factors were one…
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Distracted Driving Inflations Since the Start of Pandemic
According to a recent report from telematics provider Cambridge Mobile Telematics, distracted driving has increased by more than 30% in the United States between February 2020 and February 2022.…
Delaware Legislature Resigns without Taking Action on Banning Gender As an Auto Insurance Factor
Senate Bill 231—which would have outlawed gender-based rating variables for personal vehicle insurance policies—was adjourned by the Delaware state senate without any action being taken. According to data…
Clarity is the Key Be Concerned About Insurance Pricing: Race and Racism
Discrimination is not allowed in today's insurance market. Discrimination on the basis of race or religion, ethnicity, gender, sexual orientation, or any other factor that does not directly affect…
Cellphone Bans Cut Crashes; Telematics This can help reduce Distracted driving
According to most recent research from the Insurance Institute for High Safety, cellphone bans in states correlate with lower crash rates. The overall results of the study were mixed,…
Actuaries tackle the Race Pricing for Insurance
The Casualty Actuarial Society has created a series of papers that examines the topic of race and insurance pricing. It aims to constructively contribute to the policy debate around…
Take the wheel, A.I. A IIHS survey suggests that drivers place too much faith in assist features.
According to the Insurance Institute for Highway Safety, far too many automobile owners feel too at ease leaving their vehicles' driver-assist features in charge, possibly endangering both themselves and…