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Car crashes dwindle where Covid-19 cases increase, a new twist for for insurers

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car accidents that began as the coronavirus erupted in the U.S. in March is shifting, now closely tracking regional flareups of the pandemic, according to Allstate Corp.“It’s almost tied to whether it’s a hotspot, people sequester more, or if they’re wide open," Chief Executive Officer Tom Wilson said Tuesday in a phone interview. “Florida went up for a while, and now Florida’s back down.

It follows the virus."The disappearance of cars from roadways during the pandemic has led to fewer accidents, benefiting Allstate and other insurers and prompting them to return some premiums to customers.

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