
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

The Crucial Role of Data in Self-driving Car Accidents
When a self-driving car is involved in an accident, its data tells the story -- which can be essential to crash investigators to determine who or what was at fault, as well as to automakers, so they can make their self-driving systems smarter and safer.
August 10, 2023
Auto

Catastrophic Damage, 36 Deaths On Maui as Wildfire Burns Uncontrolled
President Joe Biden has approved a disaster declaration for Hawaii and ‘ordered federal aid to supplement state and local recovery efforts in the areas affected by wildfires,’ according to the White House.
August 10, 2023
Auto
Catastrophe
Property
Hawaii

Showdown Over Robotaxis in San Francisco
A California state board is set to vote Aug. 10 on whether to allow tech companies Waymo and Cruise to launch a massive expansion of driverless taxi fleets in San Francisco, but the stakes are far bigger than local politics.
August 8, 2023
Auto
Legislation & Regulation
California

Enjoy the Ride, But Be Aware of Motorcycle Theft
As anticipation builds for The Sturgis Motorcycle Rally, an annual gathering of motorcycle enthusiasts, riders are being urged to exercise heightened caution before hitting the roads.
August 4, 2023
Auto

Distracted Driver? Blame the Weather
Generally speaking, drivers face many risks of becoming distracted while on the road. So, ignoring or removing those distractions, where possible, is the best way to stay safe.
August 4, 2023
Auto

Kia, Hyundai Recall Almost 92K Cars Due to Fire Risk
Hyundai and Kia are recalling nearly 92,000 cars in the U.S. over concerns that the electronic controller in the oil pumps can overheat and cause fires. Both automakers have asked owners to park their vehicles outside and "away from structures" until repairs can be made.
August 4, 2023
Auto
Subrogation

How to Tackle Litigation Costs
There are many ways to quantify the impact of attorney involvement and social inflation (of which attorneys are a significant cause) on insurance carriers. One of the most striking examples is featured in a report by Jim Lynch and Dave Moore of the Casualty Actuarial Society, Social Inflation and Loss Development.
August 2, 2023
Auto
Litigation
Workers' Compensation

NHTSA to Investigate Tesla Model 3 and Model Y Steering Issues
The National Highway Traffic Safety Administration (NHTSA) announced on Tuesday that they have initiated an investigation into potential steering control and power steering problems in Tesla Model 3 and Model Y vehicles in the United States.
August 2, 2023
Auto

Michigan Supreme Court Protects Long-Term Benefits for Crash Survivors
Major changes in Michigan’s car insurance system don’t apply to people who were catastrophically injured before a 2019 law kicked in, the state Supreme Court said Monday in a decision that delivers critical relief to thousands of people counting on long-term benefits.
August 1, 2023
Auto
Liability
Michigan

Full-Size Pickups Top the List for Vehicle Thefts
The National Insurance Crime Bureau (NICB), an association dedicated to predicting, preventing, and prosecuting insurance crime, recently released its analysis on vehicle theft trends in the United States. According to the NICB report, full-size pickups took the lead as the most stolen type of vehicle in 2022.
July 31, 2023
Auto

Leveraging Smartphones to Combat Distracted Driving
When we think about distracted driving, we automatically think of smartphones. They’re indispensable. They’re addictive. They can also be dangerous.
July 28, 2023
Auto
Technology

Ford Takes the Lead for Most Recalled Automaker of 2023
Ford’s plan to rectify its ongoing vehicle quality issues doesn’t appear to have taken hold at its production facilities quite yet. The automaker is leading the charge as the most recalled automaker through the first half of 2023, after taking the title of most-recalled automaker title in 2022.
July 27, 2023
Auto



