Electric vehicles to drive up costs, pricing for auto insurers: Moody’s

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Reinsurance News - Apr 19, 2023

Electric vehicles, as they grow more popular, will drive up costs for auto insurers as they are difficult to repair and insurers are expected to raise pricing taking this into account, Moody’s said in a report. US auto insurers have posted weaker earnings over the past two years due to deterio...

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