IIHS Introduces New Ratings for Partial Driving Automation: Majority Fail to Make the Grade
A new safety evaluation by IIHS reveals only one out of 14 partial driving automation systems meets "acceptable" standards, prompting calls for improvement.
March 19, 2024
Auto
Insurance Industry
Technology
Fentanyl’s Impact on Road Safety: A Growing Concern for America’s Highways
As the opioid epidemic escalates, fentanyl’s presence in fatal road accidents underscores a critical public health issue.
March 18, 2024
Auto
Catastrophe
Legislation & Regulation
Risk Management
California
Delaware
Maryland
New Hampshire
New Mexico
Rising Insurance Premiums Linked to Vehicle Telematics Spark Privacy Concerns and Legal Action
Vehicle telematics and data tracking lead to higher insurance premiums for some drivers, raising significant privacy and consumer law concerns.
March 18, 2024
Auto
Legislation & Regulation
Technology
Massachusetts
Rising Auto Premiums Linked to Natural Disasters, Inflation, and Social Factors
Auto insurance premiums are climbing due to labor/material costs, natural disasters, and social inflation, with industry challenges sparking rate hikes.
March 18, 2024
Auto
Catastrophe
Risk Management
Technology
California
Florida
Houston Fraud Scheme Uncovered: Over $433,000 in False Insurance Claims
A Houston woman and her accomplice face charges for using stolen identities to file fraudulent insurance claims totaling over $433,000.
March 15, 2024
Auto
Fraud
Litigation
Texas
Insurance Rates Influenced by Data from ’Connected’ Cars, Drivers Unaware
Your internet-connected vehicle may be monitoring driving habits and sharing this data with insurance companies, affecting premium rates.
March 14, 2024
Auto
Insurance Industry
Technology
Virginia’s "Bad Faith" Insurance Bill Sparks Controversy Over Potential Litigation and Premium Increases
Virginia’s proposed "bad faith" insurance bill could lead to significant litigation and motor vehicle insurance premium hikes, impacting consumers and businesses.
March 14, 2024
Auto
Insurance Industry
Legislation & Regulation
Litigation
Virginia
New York Car Theft Ring Dismantled in Major Law Enforcement Operation
Nine members of a sophisticated car theft ring in Westchester County, NY, have pleaded guilty, marking a significant victory for law enforcement against organized crime.
March 13, 2024
Auto
Fraud
Legislation & Regulation
Technology
New York
Pennsylvania
Toyota Announces Major Recall for Tacoma Trucks Over Axle Safety Concerns
Toyota is recalling approximately 380,000 Tacoma trucks due to a potential axle shaft separation that could impair vehicle stability and brake performance.
March 6, 2024
Auto
Risk Management
Technology
Insurance Claim Denied After Irish Woman Caught in Athletic Feat Post-Accident
An $820,000 insurance claim was dismissed after evidence emerged of the claimant partaking in a Christmas tree throwing contest, contradicting her injury claims.
March 4, 2024
Auto
Fraud
Litigation
State Farm’s Underwriting Loss Deepens in 2023 Despite Auto Insurance Recovery
In 2023, State Farm reported a significant increase in underwriting losses, driven by property line challenges despite improvements in auto insurance results.
March 4, 2024
Auto
Catastrophe
Insurance Industry
Property
Illinois Bills Risk Higher Auto Insurance Costs by Ignoring Risk-Based Pricing Principles
Recent Illinois legislation could inadvertently raise auto insurance premiums by limiting risk-based pricing, counteracting intentions to protect consumers.
March 4, 2024
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Illinois
Exploring the Multifaceted World of Insurance Adjusting: Insights from Industry Veterans
Industry experts share their experiences, offering valuable insights into the daily life, challenges, and rewards of working as an insurance adjuster.
March 1, 2024
Auto
Education & Training
Property
Workers' Compensation
California Judge Approves Class Action Suit Against Tesla for Alleged Racial Discrimination
A California court allows nearly 6,000 Black employees to sue Tesla collectively for failing to address racial discrimination and harassment at its Fremont factory.
March 1, 2024
Auto
Legislation & Regulation
Litigation
California
Uninsured Drivers Surge in Florida, Highlighting Insurance Affordability Crisis
The escalating number of uninsured drivers in Florida underscores a growing crisis of insurance affordability, putting all road users at risk.
March 1, 2024
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Florida
Mississippi
