
Estimated Privately Insured US Losses from Hurricane Hilary Approach $600 Million
Karen Clark & Co. on Monday said privately insured losses from Hurricane Hilary will be close to $600 million in the U.S.
August 29, 2023
Auto
Catastrophe
Property
California

Electric Vehicle Owners Face More Problems with Advanced Tech Features
Owners of battery-electric vehicles (BEVs) are more likely to experience problems with advanced technology than drivers of internal combustion engine (ICE) vehicles, a new study shows.
August 28, 2023
Auto
Technology

Record Number Of August Tornadoes Strike Michigan in One Night
Seven tornadoes touched down in Michigan during the late-night thunderstorms that rapidly swept across the lower half of the state earlier this week, the National Weather Service said.
August 28, 2023
Auto
Property
Michigan

Storms Strike Michigan With Fierce Winds, Possible Tornadoes, and Fatalities
Severe storms powered by winds of up to 75 mph (121 kph) in Michigan downed trees, tore roofs off buildings and killed five people while leaving hundreds of thousands of customers without power, officials said. The National Weather Service said Friday some of the damage may have been caused by two tornadoes.
August 25, 2023
Auto
Property
Michigan

Cruise’s Robotaxi Fleet to Be Halved in San Francisco Following Recent Accidents
General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
August 22, 2023
Auto

Proposed NHTSA Regulations Advocate Seat Belt Use for All Passengers
The Department of Transportation is proposing new rules designed to encourage seat belt use by car and truck passengers, including those sitting in the back seat.
August 22, 2023
Auto
Legislation & Regulation

Nissan Recalls 236K+ Cars for Loss of Steering Control
Nissan is recalling more than 236,000 small cars in the U.S. because the tie rods in front suspension can bend and break, possibly causing drivers to lose steering control.
August 22, 2023
Auto
Subrogation

What’s Trending in Auto Loss Combined Ratios
Some Canadian auto insurers may be experiencing fewer losses than their U.S. counterparts, a new report from ratings agency Fitch suggested.
August 21, 2023
Auto
Underwriting

Southern California Braces for Lingering Impact of Tropical Storm Hilary
Tropical Storm Hilary deluged arid parts of Mexico and then drenched Southern California from the coast to inland mountains and deserts, forcing rescuers to pull several people from swollen rivers. Millions expected more flooding and mudslides Monday, even as the storm begins to weaken.
August 21, 2023
Auto
Property
California

Advanced Driver Assistance Systems Poised to Prevent Millions of Crashes and Save Lives
Advanced driver assistance systems (ADAS) have the potential to avert a staggering number of crashes, injuries, and fatalities over the next three decades.
August 18, 2023
Auto
Technology

The High-Tech Evolution of Car Theft
These days, cars are computer centers on wheels. Today’s vehicles can contain over 100 computers and millions of lines of software code. These computers are all networked together and can operate all aspects of your vehicle. It’s not surprising, then, that car theft has also become high-tech.
August 18, 2023
Auto
Technology

23 Involved in California Auto Insurance Fraud Ring Face Felony Charges
The Urban Automobile Insurance Fraud Task Force successfully dismantled an alleged auto insurance fraud ring that had been operating for years, resulting in the arrest of seven individuals yesterday. A total of 23 individuals are facing felony counts of insurance fraud and conspiracy in connection to the case.
August 18, 2023
Auto
Fraud
California

Allstate to Pay $90M in Shareholder Settlement
Allstate (ALL.N) agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the insurer of defrauding them by concealing that it lowered underwriting standards to boost growth.
August 18, 2023
Auto
Litigation
Underwriting

Federal Probe into Staged Louisiana Interstate Wrecks Nets More Defendants
Federal prosecutors have secured charges against five more people in an alleged years-long scheme to crash cars into big rigs and buses on New Orleans freeways for millions in insurance money.
August 17, 2023
Auto
Fraud
Liability
Litigation
Louisiana

Fatal Virginia Tesla Crash Triggers 35th U.S. Auto Safety Investigation into Automated Driving
U.S. auto safety regulators have sent a team to investigate a fatal crash in Virginia involving a Tesla suspected of running on a partially automated driving system.
August 14, 2023
Auto



