The market for insured vehicles has grown to $4.4 trillion, according to new data from Recode, but that doesn’t mean car insurance is cheap.A new study from Accenture says that the average auto insurance policy in India is now worth $14,000, while the average car insurance policy is worth $28,000.“The average premium for auto insurance…
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Insurance coverage, taxes and the latest: How the insurance industry plans to respond to the new health care law
Insurance coverage and taxes are set to come into focus at the end of the year as Congress debates whether to overhaul the nation’s tax code.While Congress is set to begin debating legislation on Jan. 17, lawmakers are already working on what is likely to be a lengthy process.In some ways, the debate will be…
What is the insurance industry looking to change in 2018?
Insurance regulators are preparing to release new rules in 2018, with some analysts predicting the industry will make major changes in the near future.Key points:Insurers and the government are set to unveil new regulations for insurance companies in 2018Insurers are set on making major changes to how they manage their customers in 2018The move could…