The reason, as he is all too aware, is that the companies believe that state-mandated rate cuts, rapidly escalating car repair bills and skyrocketing injury awards by juries are making it hard for them to make much money on auto policies. But times are far from normal in the car insurance business.Ĭompetitors ranging from Aetna to Travelers to Cigna are curtailing or abandoning their auto coverage in many states, but Mr. ![]() Rust Jr., chairman and chief executive of State Farm, would be euphoric about taking policyholders away from rival insurance companies.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |