Empowered by the Internet and bombarded by ever-increasing auto- insurance advertising, consumers are shopping more aggressively for insurance, and prices are coming down, according to the CEO of Progressive Corp. "There is a power shift to the consumer," Glenn Renwick said Friday during the third-quarter conference call of the country's third-largest auto insurer. He called the pricing atmosphere "deflationary" and said that for customers facing renewal in particular, pricing is an important factor.....
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Car Insurance News: Insurance CEO Says Consumers in Driver's Seat...Get an auto insurance quote!