Are High Gas Prices a Boon to Auto Insurers?
Category: MONEY
In principle, one would expect personal lines automobile insurance companies to realize a modest windfall from recent increases in gasoline prices. However, I think it's fair to say that "not all's the same 'twixt the pump and the claim" -- not even the same as it used to be.
By Michael R. Powers, Contributor
Author, 'Acts of God and Man: Ruminations on Risk and Insurance', 2012-05-14