Insurers back private credit, compete with banks
Insurance companies are investing in auto finance amid an abundance of capital and an interest in private credit investment but ...
Tag: insurance
Insurance costs burden nonprime borrowers
FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers to keep current on their auto ...
Elevated used-vehicle values drive lender adoption of Open Lending platform
Inflated used-vehicle values and the need to stay competitive in the market has lenders turning to a lender protection program ...
Wells Fargo settles auto insurance suit for $432M
Wells Fargo & Co. and National General Insurance Co. have agreed to pay $432 million to resolve claims the companies ...
FICO launches score to gauge driver risk
Fair Isaac Corp. (FICO) has launched the newest version of its safe driving score this week with a smartphone-based application ...
How different insurance options impact customer experience
When buyers sign the paperwork for a vehicle purchase, they probably breeze right past the part where they promise to ...
3 Challenges Lenders Face For Effective Insurance Tracking
The ratio of consumers that are uninsured is 1 in 8 borrowers, and the likelihood that every lenders’ portfolio is ...
How Insurance Companies Should Prepare for Autonomous Cars
With the rapid advancement of autonomous vehicles, traditional personal auto insurance has the potential to be severely disrupted by new ...
