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Breaking Tradition: How Mobility is Forcing Captives to Rethink Insurance

There is a horror story floated by captives and whispered by worst-case scenario conspiracy theorists in which rideshare drivers lease vehicles, get into a car wreck, and their insurance doesn’t cover commercial activity, leaving the captive stuck with both the damages and a delinquent borrower. These claims aren’t totally unsubstantiated. Services such as Uber and […]

Allstate Program Could Bring Insurance Closer To Financing

Insurance and financing have traditionally been very separate businesses, but a division of The Allstate Corp. is testing a few pilot programs that could bring the two industries closer together, said Tom Capp, senior vice president of business development for the company’s Answer Financial division. Prime consumers, especially those looking for luxury vehicles, typically have […]