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Electric and High-Tech Vehicles Steering a New Course in Auto Insurance

Electric and High-Tech Vehicles Steering a New Course in Auto Insurance

The rise of electric vehicles and advanced automotive technologies is significantly altering the auto insurance industry, impacting costs and prompting innovative insurance practices.
January 26, 2024 Auto Insurance Industry Risk Management Technology

General Motors Addresses Leadership Issues in Cruise Robotaxi Incident, Refocusing on Safety and Transparency

General Motors Addresses Leadership Issues in Cruise Robotaxi Incident, Refocusing on Safety and Transparency

In response to the recent Cruise robotaxi incident, General Motors acknowledges leadership failures and discontinues the Request for Assistance tool, aiming to regain trust and compliance in autonomous vehicle operations.
January 26, 2024 Auto Liability Technology California

Insurance Industry Embraces Sustainability as a Key Driver of Consumer Choice

Insurance Industry Embraces Sustainability as a Key Driver of Consumer Choice

With 75% of drivers willing to switch for greener policies, insurance companies face the dual challenge and opportunity of integrating sustainability into their practices to meet consumer demands and regulatory requirements.
January 26, 2024 Auto Legislation & Regulation Technology California

Pharmacists Enhance PBM Effectiveness in Workers’ Comp and Auto No-Fault Sectors

Pharmacists Enhance PBM Effectiveness in Workers’ Comp and Auto No-Fault Sectors

Discover how pharmacists in PBMs are revolutionizing patient care in workers' compensation and auto no-fault by using their diverse expertise.
January 22, 2024 Auto Life & Health Technology Workers' Compensation

Study Reveals Young Buyers Favor Integrated Car and Insurance Shopping Experience

Study Reveals Young Buyers Favor Integrated Car and Insurance Shopping Experience

A recent study by Polly highlights a strong preference among Millennials and Gen Z for a unified car purchasing and insurance experience, leveraging technology.
January 19, 2024 Auto Insurance Industry Technology

General Motors Insurance Emerges from OnStar Insurance Rebrand, Aims for Expansion

General Motors Insurance Emerges from OnStar Insurance Rebrand, Aims for Expansion

General Motors Insurance, transitioning from OnStar, focuses on personalized auto insurance with plans to extend its reach beyond Arizona, Texas, and Illinois.
January 19, 2024 Auto Technology Arizona Illinois Texas

Auto Insurance Premiums Surge, Contributing Significantly to U.S. Inflation Rates

Auto Insurance Premiums Surge, Contributing Significantly to U.S. Inflation Rates

Auto insurance rates, recording the highest increase since the 1970s, emerge as a key factor in sustaining high inflation rates in the United States.
January 18, 2024 Auto Insurance Industry Legislation & Regulation

Deaf Truck Driver Wins Discrimination Case Against Werner Enterprises

Deaf Truck Driver Wins Discrimination Case Against Werner Enterprises

A deaf truck driver was awarded $335,682 by a federal judge following a successful discrimination lawsuit against Werner Enterprises and Drivers Management, LLC.
January 16, 2024 Auto Legislation & Regulation Liability Workers' Compensation Nebraska

Harnessing Embedded Insurance for Enhanced Adaptation and Risk Mitigation

Harnessing Embedded Insurance for Enhanced Adaptation and Risk Mitigation

The shift from resilience to adaptation in property and casualty insurance is made possible by Embedded Insurance at the Point of Design, offering a transformative approach to managing risk.
January 15, 2024 Auto Insurance Industry Property Technology

Auto Insurance Emerges as Surprising Factor in U.S. Inflation Trends

Auto Insurance Emerges as Surprising Factor in U.S. Inflation Trends

With the largest annual increase in nearly 50 years, auto insurance costs are unexpectedly contributing to persistent U.S. inflation, impacting overall consumer prices.
January 12, 2024 Auto Insurance Industry Legislation & Regulation Risk Management

US Auto Insurance Premiums Set for Record Increase in 2024

US Auto Insurance Premiums Set for Record Increase in 2024

As U.S. drivers brace for the highest auto insurance rate hike since 2018, with an average increase of 12.6%, financial pressures mount across states.
January 10, 2024 Auto Insurance Industry Legislation & Regulation Technology Arizona California Connecticut Florida Georgia

Court Upholds New York Fund’s Authority to Surcharge Noncash Tips for Black Car Drivers

Court Upholds New York Fund’s Authority to Surcharge Noncash Tips for Black Car Drivers

A Second Circuit Court ruling supports the New York workers' compensation fund's authority to impose a surcharge on noncash tips for black car drivers.
January 3, 2024 Auto Insurance Industry Legislation & Regulation Workers' Compensation New York

Revolutionizing Auto Insurance in the Era of New Vehicle Valuation Trends

Revolutionizing Auto Insurance in the Era of New Vehicle Valuation Trends

Exploring the shift in vehicle valuation methods in auto insurance, highlighting the rise of SUVs and the impact of consumer preferences on risk management.
January 3, 2024 Auto Insurance Industry Risk Management Technology

P&C Insurance in 2023: A Year to Forget, but a Stepping Stone to Future Success

P&C Insurance in 2023: A Year to Forget, but a Stepping Stone to Future Success

Exploring the tumultuous journey of the P&C industry in 2023 and its potential path towards recovery and innovation in 2024, amidst global and economic uncertainties.
January 2, 2024 Auto Catastrophe Legislation & Regulation Technology Alabama California Florida Louisiana Mississippi

Navigating Unpredictable Futures: Key Predictions for Insurance in 2024 and Beyond

Navigating Unpredictable Futures: Key Predictions for Insurance in 2024 and Beyond

Exploring the evolving landscape of insurance in 2024, with a focus on technology, industry consolidation, and the impact of climate change on insurance strategies.
January 2, 2024 Auto Catastrophe Legislation & Regulation Technology
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