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Allstate’s Plan to Return to Profit in Auto

February 6, 2023

Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company’s number one priority: improve margins. Allstate ended 2022 with an unprofitable 110.1 combined ratio in auto – 112.6 for the …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-02-06 11:31:542023-02-06 14:09:16Allstate’s Plan to Return to Profit in Auto

General Motors Files to Trademark ‘GM Financial Insurance Company’ Name

February 2, 2023

General Motors has filed to trademark “GM Financial Insurance Company,” according to a record found with the U.S. Patent and Trademark Office. The filing was made on Jan. 24, 2022. GM Financial is the auto financing arm of General Motors. …

https://www.maddoxinsured.com/wp-content/uploads/2023/02/GM-General-Motors-logo-580x386-1.jpg 386 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-02-02 12:36:302023-02-02 14:00:38General Motors Files to Trademark ‘GM Financial Insurance Company’ Name

Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes

February 2, 2023

As it had warned last month, Allstate Corp. reported a fourth quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. Results were in comparison to net income of $790 million for Q4 2021. …

https://www.maddoxinsured.com/wp-content/uploads/2023/02/allstate-logo-580x305-1.jpg 305 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-02-02 07:40:092023-02-02 14:00:41Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes

Insurers Leery of Hyundais and Kias Famous on Social Media for Being Easy to Steal

February 1, 2023

Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity: Many of the cars the company sold are easy to steal. In the past week, newspapers and television news producers …

https://www.maddoxinsured.com/wp-content/uploads/2023/02/Hyundai-antitheft-device-580x326-1.jpg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-02-01 02:37:362023-02-01 14:02:07Insurers Leery of Hyundais and Kias Famous on Social Media for Being Easy to Steal

Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices

January 31, 2023

While executives of Tesla said the car maker’s insurance business isn’t yet big enough to warrant separate financial disclosure of its results, Chief Executive Officer Elon Musk reiterated a benefit for Tesla owners: cheaper premiums. Speaking on an earnings conference …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/elon-musk-caricature-bigstock-580x326-1.jpg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-31 01:45:582023-01-31 14:08:27Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices

Tesla, Insurers Address Expensive Repairs in Sharply Different Ways

January 27, 2023

Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways. Chief Executive Elon Musk says Tesla is making design and software changes to its vehicles …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/tesla-580x326-1.jpeg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-27 04:08:032023-01-27 14:08:38Tesla, Insurers Address Expensive Repairs in Sharply Different Ways

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Latest News

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Maddox Insurance Agency

Insurance Agency in Memphis, Tennessee

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2151 Courtland Place | Memphis, TN 38104

Licensed in Tennessee, Mississippi & Arkansas

Contact

Phone: (901) 335-0154
Fax: (901) 255-9141

Lee.Maddox@maddoxinsured.com

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