AI Revolutionizes Auto Insurance and Road Safety with Precision and Personalization
AI is redefining auto insurance and road safety by leveraging real-time data for personalized risk assessment and proactive accident prevention.
April 23, 2024
Auto
Risk Management
Technology
Navigating Technological Shifts in Claims Handling for Improved Customer Experience
Discover how claims handlers are adapting to technology to enhance efficiency and customer satisfaction across various insurance lines.
April 22, 2024
Auto
Life & Health
Property
Technology
Tesla Initiates Recall of Cybertruck Due to Faulty Accelerator Pedals
Tesla recalls all sold Cybertrucks to fix a critical defect where the accelerator pedal can become stuck, increasing crash risks.
April 22, 2024
Auto
Legislation & Regulation
Risk Management
Technology
2024 Shows Economic Resilience Amid Lower Catastrophe Costs, Predicts Gallagher Re
The Gallagher Re report highlights Q1 2024’s below-average economic losses from natural catastrophes, totaling $43B globally, 17% below the previous decade’s Q1 average.
April 19, 2024
Auto
Catastrophe
Property
Technology
Oklahoma
Texas
Harnessing Geospatial Technology for Enhanced Risk Assessment in the Insurance Sector
Discover how geospatial technology revolutionizes risk profiling and pricing in insurance, offering precise mapping to predict and manage risks.
April 19, 2024
Auto
Property
Risk Management
Technology
Florida
Louisiana
Texas
Allstate Reports Sharp Decline in Catastrophe Losses for First Quarter of 2024
Allstate estimates Q1 2024 catastrophe losses at $731 million, a substantial decrease from $1.69 billion in the same period last year.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Property
Record Vehicle Thefts in 2023: A Nationwide Analysis
A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Colorado
Delaware
Florida
Georgia
Illinois
Winnipeg Senior Fights Insurance Decision After Car Theft Accusation
A Winnipeg senior faces accusations from Manitoba Public Insurance of orchestrating her own car theft, complicating her insurance claim.
April 17, 2024
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Former MLB Player Charged in Staged Car Crash Insurance Fraud Case in Florida
Yuniesky Betancourt, former MLB shortstop, is charged with insurance fraud after allegedly staging a car crash to claim false injuries, facing up to 10 years in prison if convicted.
April 16, 2024
Auto
Fraud
Insurance Industry
Legislation & Regulation
Florida
Veteran Ferrari Mechanic Arrested on Multiple Charges Including Theft and Fraud
Donnie Callaway, a well-known mechanic specializing in vintage Ferraris, has been arrested in Arizona on charges of theft and fraud following a sting operation by a collector.
April 11, 2024
Auto
Fraud
Litigation
Property
Arizona
California
Auto Industry Faces New Challenges and Opportunities Amid Rising Vehicle Complexity
The Q1 2024 Crash Course Report delves into how escalating vehicle complexity impacts insurance claims and collision repairs, with a focus on solutions.
April 9, 2024
Auto
Insurance Industry
Risk Management
Technology
Insurers and Consumers Face Growing Legal Costs Amid Social Inflation
Innovative legal tactics and social inflation are driving up insurance premiums and contributing to a hidden ’tort tax’ for American households.
April 5, 2024
Auto
Insurance Industry
Legislation & Regulation
Property
California
Florida
Indiana
Kentucky
Louisiana
NYACT Rolls Out Comprehensive 2024 Training Schedule to Combat Insurance Fraud and Vehicle Crime
NYACT partners with major agencies to equip insurance and law enforcement professionals with the latest in fraud-fighting techniques for 2024.
April 5, 2024
Auto
Education & Training
Fraud
Insurance Industry
New York
Exploring the Risks of Work-Related Crashes Among U.S. Rideshare Drivers
New study explores the risk factors and incidence of work-related crashes among U.S. rideshare drivers, highlighting the need for improved safety measures and research.
April 5, 2024
Auto
Life & Health
Risk Management
Technology
Over $300K Auto Insurance Fraud Scheme Exposed in Central Pennsylvania
A sophisticated insurance fraud operation in Cumberland County, PA, involving fake auto repair shops, has been dismantled, uncovering over $300,000 in fraudulent claims.
April 3, 2024
Auto
Fraud
Legislation & Regulation
Technology
Pennsylvania
