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...
Insurance tech firm Trellis will offer financial technology companies a new way for users to compare and purchase auto insurance, according to a Tuesday (Dec. 14) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
COVID-19 deaths triggered a surge in death benefit payouts by life insurance companies in 2020, increasing by more than 15% over the previous year, according to a Thursday (Dec. 9) Wall Street Journal report. Get the Full Story Complete the form to unlock this article...
For many millions of drivers, a car is simply a conveyance. Enthusiasts, however, are a breed apart. We’re talking people who live and breathe collectible autos. For this group, merely insuring beloved and precious wheels doesn’t cut it. They long to be in the collectible...
Insurance providers are all about managing risk. In this month’s edition of the PYMNTS Provider Rankings of Insurance Apps, the leaders are managing risk by sitting right where they were last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It’s a common question heard when buying “big-ticket” durable goods: “Would you like a product protection plan for that?” Whether at a traditional cash register, on a website or via a pamphlet mailed or emailed after the fact, it’s a question shoppers have come to...
After the recent launch of Lemonade car insurance, AI-powered insurance company Lemonade has announced its first-ever acquisition, purchasing the online insurance platform and pay-per-mile vehicle insurer Metromile in an all-stock deal aimed at boosting its auto insurance business. Get the Full Story Complete the form...
