Auto Insurance

Electric vehicles carry higher sticker prices and cost more to repair after a claim -- but that may change soon enough. 

Insurers are becoming more adept at using telematics to differentiate their products, reduce risks and expenses and continue improving the policyholder experience.

But there is a disconnect: The processes insurers use haven’t adapted to the capabilities of the new technology they have adopted.

I'm talking about testimony that recently surfaced about a key video that Tesla used six years ago to sell the idea that its cars could drive entirely on their own.

Profitability remains elusive for the U.S. commercial auto insurance sector as inflation and supply chain delays cause claims costs to skyrocket.

Electric vehicles are more difficult and costly to repair or replace compared with gasoline vehicles, but the issues will fade over time. 

Unlike other developed countries, the U.S. has historically focused too little on two key issues: road design and protecting those who aren't in cars. 

Auto insurers have a strategic imperative to not be left behind in the race to monetize connected car data, and there are several ways insurers can do this.