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
Navigating the Complex Terrain of Data Privacy in Auto Insurance Claims and Repairs
With rising concerns over data privacy, the unauthorized use of personal information in auto insurance claims and repairs presents significant risks and implications for millions.
February 22, 2024
Auto
Legislation & Regulation
Technology
California
Colorado
Connecticut
Delaware
Hawaii
U.S. Commercial Auto Insurers Face New Challenges Post-Pandemic
After a brief pandemic respite, U.S. commercial auto insurers grapple with profitability due to digital transformation lags and economic pressures.
February 21, 2024
Auto
Insurance Industry
Technology
The Road Ahead for Tesla Insurance Amid Industry Hurdles
As Tesla aims to innovate the insurance industry with personalized coverage, it faces hurdles like data privacy, regulatory compliance, and competition.
February 20, 2024
Auto
Risk Management
Technology
New Study Reveals Urban Design’s Impact on Pedestrian Crash Fault Determination
A recent analysis highlights the significant role urban environments play in attributing fault in pedestrian accidents, pointing to the need for insurance industry adaptation.
February 16, 2024
Auto
Liability
Risk Management
Ohio
Allstate Revises Claim Decision to Full Coverage After Local News Inquiry
Following a non-injury crash, Allstate initially attributes 20% fault to a green-light driver, later revising their decision to full coverage after media inquiry.
February 12, 2024
Auto
Insurance Industry
Litigation
Nebraska
Honda Announces Major Recall Over Air Bag Sensor Defect
Honda is recalling numerous models due to a front passenger seat sensor defect that could lead to unintended air bag deployment during crashes.
February 6, 2024
Auto
Technology
U.S. Farm Bureaus See 13% Premium Growth Amidst Underwriting Challenges
Over the last two years, U.S. farm bureaus in the property/casualty sector have enjoyed a 13% increase in premiums, driven by key lines of business despite facing underwriting and market share challenges.
February 5, 2024
Auto
Property
Underwriting
Amazon and Google Exit Insurance Comparison Market, Spotlighting the Resilience and Adaptation of Insurance Incumbents
Despite recent exits of Amazon and Google from insurance comparison services, traditional insurers continue to excel, blending technological innovation with proven expertise.
January 31, 2024
Auto
Risk Management
Technology
European Insurance Industry Urges EU for Legislation on Vehicle Data Access
European insurers and automotive service providers appeal to the EU for urgent legislation on equitable access to in-vehicle data to foster competition and innovation.
January 29, 2024
Auto
Legislation & Regulation
Technology
