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Best’s Review Examines the Downturn in Premiums for Automobile Insurers as Technology Reduces Risk

October 1, 2018

OLDWICK, N.J.--(BUSINESS WIRE)--Oct 1, 2018--Best’s Review, the insurance industry’s leading magazine, examines the state of the automobile market in its October issue.

The cover story, “ Detour,” examines how self-driving cars, new vehicle safety systems and other transportation trends are pointing to a downturn in premiums for automobile insurers, raising hard questions about the companies’ business models. It identifies insurers that depend heavily on automobile insurance premiums for their overall business and looks at how automobile insurers plan to replace premiums as technology lowers risk, helping to reduce a driver’s need for coverage.

The October issue also includes exclusive Best’s Rankings of the top United States/Canada private passenger and commercial automobile insurers, as well as a new study that reveals the characteristics and strategies of high-performing automobile insurers.

Full access to all content of Best’s Review is available at www.bestreview.com, now in a new mobile-friendly, versatile format.

A.M. Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness. Visit for more information.

Copyright © 2018 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181001005900/en/

CONTACT: Best’s Review®

Patricia Vowinkel, +1 908-439-2200, ext. 5540

Executive Editor

patricia.vowinkel@ambest.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA NEW JERSEY

INDUSTRY KEYWORD: AUTOMOTIVE PROFESSIONAL SERVICES INSURANCE COMMUNICATIONS PUBLISHING GENERAL AUTOMOTIVE

SOURCE: A.M. Best

Copyright Business Wire 2018.

PUB: 10/01/2018 02:15 PM/DISC: 10/01/2018 02:15 PM

http://www.businesswire.com/news/home/20181001005900/en

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