Tesla auto insurance is now available in five states, and the company plans to continue its rollout nationwide, company executives said Thursday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When the pandemic hit and consumers suddenly found that their cars were sitting in their driveways, many wondered why they were still paying for auto insurance based on the number of miles they had expected to drive. Get the Full Story Complete the form to...
Auto insurers’ process of inspecting cars and assessing the damage has evolved from having a person drive out to physically inspect the car, to having a person look at photos of the car to having an artificial intelligence (AI) solution evaluate the photos. Get the...
In the past two years, the pandemic-induced digital shift has forced payment providers and other organizations to improve their payout processes, especially as consumers seek increasingly faster payouts and streamlined digital experiences. Get the Full Story Complete the form to unlock this article and enjoy...
Seven out of 10 pet parents think of their pets as family members, although almost half have underestimated the lifetime cost of care, according to a Synchrony report released Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy...
Insurity, a cloud-based software provider for insurance carriers, brokers and managing general agents (MGAs), will provide free digital payments for property and casualty insurance (P&C) carriers through Dec. 31, according to a Thursday (Jan. 6) press release. Get the Full Story Complete the form to...
Spanish insurance firm Mapfre has sold Bankia’s insurance platform to CaixaBank for 571 million euros ($645 million), although the sides noted that an ongoing arbitration process could increase the price, according to a Reuters report Wednesday (Dec. 29). Get the Full Story Complete the form...
In the markets for new and used cars, costs are up and discounts are down. On the recent Black Friday, discounts were at record lows. Today, the average price of a new car is $40,000 and a used one is $25,000. Get the Full Story...
Buckle, an insurance and credit company specifically for the gig economy, has expanded its rideshare and delivery auto insurance to U.S. drivers of Uber, Lyft, Instacart, Amazon Flex, Uber Eats, Grubhub and Favor, according to a Wednesday (Dec. 15) press release. Get the Full Story...
