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Showing posts with the label auto

Stock Market Live Updates: Sensex trades higher, Nifty around 14,700; IT, auto, metals lead

JB Chemicals & Pharmaceuticals | The company has announced its foray into the area of Nephrology with a new dedicated division called “RENOVA” which will endeavour to serve patients who are under treatment for Chronic Kidney Disease. CLSA on Tata Steel Tata Steel’s 4Q adjusted consolidated Ebitda of Rs 139 billion was above estimates with a beat across all segments. Standalone Ebitda/t of Rs 27,800 was its highest ever and 1QFY22 looks even better. Europe profitability of USD 66/t was better (awaiting clarity on carbon cost impact) and the spot spread is USD 240/t higher than in ...

Customers find little differentiation among auto insurers – J.D. Power

A 55% decrease in average kilometers traveled and a record unemployment rate of 15% prompted many auto insurance customers to look for new insurance coverage following the outbreak of the pandemic last year. However, buyers found an increasingly homogenized market where price was the main differentiator, according to JD Power. According to the company's US Insurance Shopping Study from 2021, insurers' efforts to differentiate themselves in the market will increasingly depend on bringing more innovative products and services to market. "The pandemic revealed a lot about insurance purchasing behavior in 2020 as there has been a significant increase in purchasing activity from customers who have been financially affected and interested in big, well-known brands and offers for lower prices," said Tom Super, Head of property and casualty insurance at JD Power. “Experience highlights the need for more sophisticated acquisition and storage tools. Ironically, even thoug...

ICBC's no-fault auto insurance program rolls out

The British Columbia Insurance Company (ICBC) will start its extended car insurance program for maintenance, known as "Fully Comprehensive" insurance, starting May 1st. The new insurance program can save drivers up to $ 400 a year, ICBC said, as the program aims to address the problem of costly litigation. "A big part of the savings in the new system is that we won't be spending hundreds of millions of dollars on litigation," said Nicholas Jimenez, President and CEO of ICBC. The injured party in an accident also loses their right to file a claim for damages and loss of wages under the new system through no fault of their own. At the same time, the liable party can receive the same coverage and benefits as the other party. Some industry experts are not particular...

Kelly Insurance Agency Offers Tips to Help Their Clients Save on Auto Insurance

  Trappe, PA - (ReleaseWire) - 4/26/2021 - Purchasing auto insurance can be confusing, especially for first-time buyers. By learning the basics of how to get the best value, customers can save on auto insurance and feel confident that they have adequate coverage. Kelly Insurance and Travelers, a leader in auto and home insurance, offers these tips to guide customers in the right direction when buying auto insurance. - Safe driving - drivers with good driving performance can save up to 60 percent compared to those who caused accidents. - Enrollment in the driving class. Drivers taking a government-approved defensive course or drivers under the age of 21 taking a driver training course can qualify for savings on auto insurance . - Buying vehicles with safety features - Safety features such as anti-lock brakes, alarms, airbags, automatic seat belts and other safety features can provide the driver with savings. - Choosing a higher deductible - Higher deductibles (what policyholders pa...