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Welcome to The Zebra Newsroom, a hub for insurance industry-related news.
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Chip shortage continues as automakers adapt to supply chain woes
As the global microchip shortage continues to strain the automobile industry heading into the end of 2021, automakers...
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[UPDATE] Climate change and insurance: how companies are helping out
Some insurance companies have taken strong environmental, social and governance positions in hopes of mitigating their...
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States with recent legislation changes around insurance
Review a roundup of states with recent law changes impacting the insurance industry.
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[UPDATE] Insurance carriers look to boost headcount, alter recruiting strategies
Insurance companies are seeking to grow headcounts in a challenging hiring environment, forcing them to rethink their...
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Insurtech funding surges, with SPACs and IPOs in sight
Insurtech companies have attracted record investment totals so far in 2021, and some have filed public offerings or...
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States look to promote out-of-the-box thinking with regulatory sandboxes
Insurance regulators in U.S. states maintain regulatory sandbox programs governing the insurance industry.
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Insurance M&As and partnerships: September 2021
September 2021 saw a rise in EV investment and collaborations between insurers and tech companies like Verizon and...
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Insurers and state officials address harrowing 2021 Atlantic hurricane season
Hurricane Ida left insurance companies and property and business owners alike reeling after nearly $50 billion in...
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[UPDATE] National Flood Insurance Program to end on September 30, insurers rally for extension
FEMA announced plans to phase in a new NFIP price-setting method called Risk Rating 2.0, effective October 1, 2021.
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Carriers look to raise auto and home insurance rates, downsize physical offices
The dual effects of the pandemic and weather disasters have pushed insurance companies to cut office costs and hike...
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[UPDATE] Pet insurance industry continues to bloom, expected to reach $12 million by 2027
The global pet insurance market is expected to reach $12 million by 2027, propelled by growth in pet adoptions and...
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[UPDATE] Pandemic driving behavior stays reckless as summer comes to an end
U.S. highway deaths in 2020 were the greatest in more than a decade, making it the deadliest year on the nation’s roads...
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Insurance M&As and partnerships: August 2021
August 2021 saw Hagerty and Hippo go public, several new product launches and Willis Towers finding a buyer after a...
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[UPDATE] Insurance companies weigh Delta variant risks
The recent spike in COVID cases delays insurance companies’ return-to-office plans.
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Insurance carriers Q2 2021 earnings call round-up
Here’s a quick roundup of key takeaways from major insurance carriers’ Q2 2021 earnings calls.
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Insurers make a splash with high-profile advertising campaigns
Insurance companies are investing in attention-grabbing and humorous ad campaigns to remain relevant and stay a part of...
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[UPDATE] Biden Administration plans to perform analysis on the use of non-driving factors and big data in setting auto insurance rates
The U.S. government has commissioned a study on insurance companies’ use of non-driving rating factors in pricing...
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Insurance companies prep for EV adoption and autonomous vehicle tech advances
Car insurance companies have a lot to think about as automotive technology rapidly advances toward electric and...
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Biden announces ambitious EV goal
President Joe Biden announced in August ambitious EV adoption goals, receiving the support of some major automakers.
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Insurance M&As and partnerships: July 2021
Read our full recap of insurance industry mergers and acquisitions and partnerships in July 2021.
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EU pushes EV adoption, plans to ban sales of new cars that produce carbon emissions starting in 2035
An EU proposal would outlaw the sale of gas- and diesel-powered cars in the union, beginning in 2035.
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Lumber prices slowly recover, still projected to be higher than pre-pandemic prices
Lumber prices are lower than their historic Spring 2021 highs, but price reductions haven’t yet trickled down to...
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Insurance rates remain volatile to reflect fluctuating shopping trends
Car and homeowners insurance rates remain consistently volatile into late 2021, due to fluctuations in driving and...
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Insurance shopping trends fluctuate post-pandemic
Q2 2021 revealed a stall in auto insurance shopping and a steady rise in home insurance shopping.
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APCIA releases new set of cyber principles, defends ransomware reimbursements by insurance companies
The APCIA released a new set of principles relating to insurance carriers payment of cyberattack ransoms.
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Insurance M&As and partnerships: June 2021
Read our full recap of insurance industry mergers and acquisitions and partnerships in June 2021.
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Wildfire season sparks collaboration between AI and insurers to support those in high risk states
With wildfires becoming more common, climate change is shaping the way AI is used in the insurance industry.
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The liability of driverless vehicles
Self-driving car liability is a tricky subject, with experts still working to determine where responsibilities lie.
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Are credit scores fizzling out?
Long considered an important determinant of insurance rates, credit score is falling out of favor as a rating factor...
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How insurance companies are handling ransomware threats
With ransomware and cyberattacks on the upswing in 2021, insurance carriers are taking extra precautions to guard...
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Allstate acquires SafeAuto for $270M
Allstate announced its acquisition of SafeAuto for $270 million, just six months after finalizing its purchase of...
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Insurance M&As and partnerships: May 2021
May 2021 saw Chubb get involved with the distribution of COVID-19 vaccines, Metromile and Hippo partner to offer...
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Hurricane-prone states are still recovering from 2020’s record-breaking storms, continue to seek support from insurance carriers as 2021’s hurricane season approaches
Learn more about how insurance carriers are preparing for the 2021 hurricane season.
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Insurance carriers Q1 2021 earnings call round-up
Here’s a quick roundup of key takeaways from major insurance carriers’ Q1 2021 earnings calls.
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The electric vehicle industry ramps up in 2021 despite a sales slump in 2020
Increased public concern about climate change and regulatory efforts stand to increase EV sales to 32% of the market by...
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Insurance M&As and partnerships: April 2021
Read our full recap of insurance mergers and acquisitions in April 2021, including a carrier highlight on Farmers...
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State-by-state breakdown of recreational use of cannabis
Thirty-four U.S. states have taken steps to decriminalize or legalize the medical and recreational use of cannabis.
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How car dealerships stayed successful during 2020
Despite business interruptions and periodic decreases in demand due to the COVID pandemic, auto dealers flourished in...
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The Zebra wraps up Series D Round of funding, raises $150M
The Zebra wrapped up a $150 million fundraise in April, becoming Austin’s newest unicorn company.
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February’s freeze left Texas in disarray, insurers and policyholders look to the state government for support and preventative measures
Insurance companies are still reeling from the winter storms of February 2021 that decimated Texas’s power supply.
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Insurance M&As and partnerships: March 2021
Read our full recap of insurance mergers and acquisitions in March 2021, including the Amazon-Next business insurance...
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The Hartford rejects Chubb's merger offer, Allianz considers a bid
One of Europe’s most prominent insurance companies is weighing its options in the wake of The Hartford’s snub of Chubb.
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As the housing market faces a divide in affordability, middle-income households are being priced out
With housing prices on the rise across America, first-time homebuyers and middle-income households are facing...
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California alleges insurance companies overcharged consumers
California’s Insurance Commissioner is pushing for refunds after alleging insurance companies overcharged consumers in...
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Insurtech Spring 2021 Conference
Insurtech Spring 2021 Conference
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Insuring the rapidly growing gig economy amid a global pandemic
Legacy car insurance carriers are developing a variety of strategies to cover “gig workers” and their insurance rates...
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Insurance carriers Q4 2020 earnings call round-up
2020 was a volatile year for the insurance industry; here’s a round-up of key findings from insurance carriers’...
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Insurance M&As and partnerships: February 2021
Insurance industry M&A round-up: February 2021 | The Zebra Newsroom
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The global chip shortage hits car companies hard, manufacturers look for ways to work around the bottleneck
How a global chip shortage is hurting automakers | The Zebra Newsroom
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Insurance companies enter the home telemaintenance industry
Major home insurance companies, including Nationwide, Allstate and Hippo, are entering the home improvement space with...
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Why reckless driving increased during the COVID-19 pandemic
With fewer vehicles on the road due to COVID-related shutdowns, 2020 saw a growth in unsafe driving behavior and an...
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Insurance industry M&A round-up: January 2021
January 2021 included insurance industry M&A transactions from companies such as State Farm, USAA and American Family.
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Technology companies investing in the autonomous vehicle industry
Technology companies investing in the autonomous vehicle industry
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Lack of lumber delays homebuilding and increases prices
Lack of lumber delays homebuilding and increases prices
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State driving law developments roundup
Six states rolled out adjustments to their driving and car insurance laws. Read our legislation roundup for the latest.
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Ford partners with car insurance companies to provide direct driver UBI data
Ford has been teaming up with insurers to offer car buyers discounted insurance based on driving behavior; here’s a...
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State Farm acquires GAINSCO
State Farm acquires GAINSCO