Tesla is planning to put its Insurance program and upcoming Full Self-Driving subscription directly into its Smartphone app, according to a software engineer who recently reverse-engineered parts of the automaker’s application.
Many insurers are ruling out coverage for coal businesses as they become more concerned about the environment and the impacts of climate change on the industry. Now, insurance giant Allianz Group (Allianz) has affirmed its commitment to refusing to support the thermal coal industry.
Australian insurtech providers Wilbur and BAIS have formed a partnership to provide improved end-to-end policy and claims solutions to the insurance industry nationwide and globally.
The word ‘transformation’ is overused, and yet here in the auto insurance claims industry there is no better word for a process that is being changed so dramatically from beginning to end, and at every step in between.
Almost 8 in 10 New Jersey homeowners with federal flood insurance would have to pay more for coverage if the Federal Emergency Management Agency’s implements a proposed new rating system.
It had been simmering beneath the surface for some time. The profound increase in frequency and severity of ransomware attacks on U.S. businesses in every sector was impossible not to notice.
Mediators may encounter a reluctance to settle by one or both parties during the course of a mediation session, but understanding the underlying realities of each party’s position may help break logjams.
A downtown Pittsburgh bar won a state court ruling that compels its insurance company to cover pandemic-related losses, scoring a rare business win over their insurers on Covid coverage.
On May 20, 2021, the Supreme Court of Illinois upheld the state appellate decision finding that that West Bend Mutual Insurance Company must defend its insured, a tanning salon, against a class-action lawsuit claiming violation of the Biometric Information Privacy Act (BIPA) under two business owners’ liability policies.
Travelers Casualty Insurance Co. of America and several other major insurers defeated Covid-19 coverage challenges from hundreds of businesses, after a federal judge in Washington state found that the pandemic didn’t cause the physical property damage required for their policies to apply.
In 2020 alone, industries across the board experienced a total of 1001 reported cases of data breaches. It’s no secret that businesses need to comply with security and privacy regulations defined by the states and countries they operate in, by their industry or by the type of audience and customers they work with.
An insurer can no longer claim its lack of notice of a lawsuit against its insured excuses it for failing to settle the suit after the Georgia Supreme Court’s recent decision in GEICO Indemnity Co. v. Whiteside, Case No. S21Q0227 (Ga. April 19, 2021).
While the focus for years has been on autonomous cars and on what they’ll do for safety, for auto insurance, for our lifestyles and more, a disruption is taking shape in the nearer term: autonomous trucks.
