Liz Knueven, provided by Published 10:15 am CDT, Saturday, September 14, 2019 holbox/Shutterstock Florida is the fifth-most expensive state in the US for car insurance, according to the Institute for Insurance Information. Typical Floridians will spend $1,259.55 each year on premiums. Insurance rates are determined on an individual basis, so factors like your credit score, age, and where you live in Florida will all impact the car insurance rates you see. However, USAA, State Farm Mutual, and Geico generally offer Floridians the best cheap auto insurance. To choose the best car insurance policy for your own needs, make sure to shop around. Compare the coverage limits and deductible requirements in addition to the premium. Visit Business Insider's homepage for more stories. There's no doubt that car insurance in Florida is expensive — the Insurance Information Institute ranks Florida rates as the fifth-most expensive in the US. Typical … [Read more...] about Who has the best cheap car insurance in Florida?
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RUCKERSVILLE, Va. (Reuters) - Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control. Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety (IIHS), demonstrates a front crash prevention test on a 2018 Tesla Model 3 at the IIHS-HLDI Vehicle Research Center in Ruckersville, Virginia, U.S., July 22, 2019. Picture taken July 22, 2019. REUTERS/Amanda Voisard The global market for advanced driver assistance systems, known in the industry as ADAS, is expected to reach more than $67 billion by 2025, growing more than 10 percent each year. A group of 20 carmakers has pledged to outfit almost every new vehicle with forward collision warning and city-speed automatic emergency braking by 2020. Government mandates to install technology such as collision avoiding automatic brake … [Read more...] about New auto safety technology leaves insurers in the dark
By Leslie Scism WSJ Tues., May 7, 2019 Tesla Inc. is creating its own branded insurance program, a move the electric-car maker believes will enable it to offer a lower-cost product to drivers. Tesla Chief Executive Elon Musk has been working with a unit of Virginia-based Markel Corp. and another company, which hasn’t been named, to offer the branded insurance, according to Markel and regulatory insurance filings in California, where Tesla is based. Revealing the program’s existence in an earnings call last month, Mr. Musk said the goal was to more accurately take into account the safety benefits of the cars’ Autopilot driver-assistance system. Tesla says it has far better data on the performance of its vehicles and their drivers than other insurers do, and believes it can use this information to offer customers lower-cost insurance, according to the California filings. In the call, Mr. Musk said buyers would have “to agree to not drive the car … [Read more...] about Tesla Plans to Sell Owners Cheaper Car Insurance
By Nicole Friedman WSJ Erik Holm WSJ Thu., May 2, 2019 Warren Buffett has always known how to make a buck. As the annual meeting for his Berkshire Hathaway Inc. has grown in popularity over the years, Mr. Buffett and his staff have gone to greater and greater lengths to make sure attendees have plenty to spend their money on. For more than a decade, the meeting has been held at a massive arena in downtown Omaha, Neb., big enough to accommodate the tens of thousands who now make the pilgrimage to the event, often called “Woodstock for Capitalists.” The arena is adjoined by a 194,300-square-foot exhibit hall, and on Berkshire weekend, it is filled with products from dozens of Berkshire-owned companies, offering everything from candy and soda to mobile homes and chartered plane flights. Not all of Berkshire’s 60-odd subsidiaries participate, but a look at the floor of the exhibit hall offers a glimpse at just how vast Mr. Buffett’s empire … [Read more...] about Warren Buffett’s Empire, in 194,300 Square Feet
Dear Ken, I’ve been asking my leaders to get more creative in how they tackle the biggest challenges and opportunities for our strategy. I might as well be telling them to get taller. They either bring me outside-the-box ideas that are wildly impractical or stuff that’s much too small to move the needle. Is there something I can do to help my team generate ideas that are both big and practical? —Stuck in a Creative Rut Dear Stuck, I applaud your efforts to demand creativity from your team. Creativity is essential to innovation, and innovative strategy is the only way to avoid long-term stagnation, no matter how good your execution might be. Fortunately, creativity is a skill that you can foster. Yes, just as some of us are, to your point, inherently taller than the rest, some people instinctively exercise more creativity than others. But unlike getting taller, anyone can get better at generating new and useful business ideas. The key is to reverse engineer how … [Read more...] about Strategy Talk: How to Help Your Team Get More Creative