Regulators will take a close look at how firms behaved during the pandemic.
More people working from home than ever before and thus commuting less. This has been a boon for many auto insurers as loss ratios are way down compared to pre-COVID times. While some insurance providers have started giving customers discounts and reducing rates, others have been more circumspect.
Ruling closer with the consumer stance, I expect regulators in 2022 to give a hard time to those who failed to give back to their customers for driving less. In 2021, we saw leaders in some states including California and Michigan demand auto insurers immediately issue refunds to drivers. But that wasn’t the case nationally as the wider market continued to
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දුම් රියේ සෙල්ලම කොටස් සියල්ල මෙතනින්
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