How the COVID-19 Pandemic Is Changing the Insurance Industry
As overall driving drops and patterns change, consumers may come to view telematics as a better fit for their travel patterns.
Innovations such as accelerated underwriting once were aspirations for some insurers but have become necessities for most.
When financial concerns rise, insurers that compete on price may get a second look.
Data from Florida and Arizona reveals surprises.
Like private passenger claims, commercial claims frequency fell early in the shutdowns, but rose more quickly.
