
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

Seven Automakers Join Forces for High-powered Charging Network
In a groundbreaking move towards advancing electric vehicle (EV) adoption, seven of the world’s most prominent automakers -- BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV -- have announced the establishment of a joint venture aimed at revolutionizing EV charging infrastructure in North America.
July 27, 2023
Auto

Auto Insurance in an Existential Crisis
After many long years of stability, the 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflationary cost pressures on one side and consumer wallets, many of which are no longer able to afford the spiraling auto insurance premium increases, on the other.​
July 25, 2023
Auto
Technology

OIC’s Report on Insurance Claim Complaints Sparks Debate in Washington State
Insurance advocacy groups in Washington state are pushing back against a new study released by the Office of the Insurance Commissioner highlighting the recent increase in insurance claim complaints.
July 24, 2023
Auto
Insurance Industry
Washington

Despite Fewer Claims, Personal Auto Insurance Payouts Increase
The average claim payment per insured personal vehicle rose between 2002 and 2022, with higher payments by insurers more than offsetting declines in frequency, according to new research by the Insurance Research Council (IRC) -- like Triple-I, an affiliate of The Institutes.
July 24, 2023
Auto

Kentucky in State of Emergency After Heavy Rainfall Causes Widespread Flooding
Kentucky’s governor declared an emergency Wednesday after heavy -- and potentially record-setting – rain caused widespread flooding throughout the state.
July 20, 2023
Auto
Property
Kentucky

Toyota Auto Insurance Extends Coverage to Colorado, Georgia, and Oregon Markets
Following its successful launch in select markets last year, Toyota Auto Insurance, the automaker’s exclusive insurance product, is now accessible to residents of Colorado, Georgia, and Oregon.
July 19, 2023
Auto
Colorado
Georgia
Oregon

IIHS Study: Muscle Cars and Small Vehicles Tied to Elevated Driver Fatality Rates
Muscle cars and small vehicles have been identified as having high driver death rates, according to a recent study conducted by the Insurance Institute for Highway Safety (IIHS). The study suggests that the driving behavior and perceptions associated with muscle cars is likely responsible for the elevated fatality rates.
July 18, 2023
Auto

Bad Faith: Texas Man Receives $288K in Lawsuit Against State Farm
A Texas man who sued State Farm insurance for deducting money from his total loss settlement was awarded $288,517.59 by a jury earlier this month.
July 18, 2023
Auto
Litigation
Texas

Vermont Flood Losses Could Total Hundreds of Millions of Dollars
Economic losses from catastrophic flooding across Vermont earlier this week could reach into the hundreds of millions of dollars or higher, Aon PLC said in a report Friday.
July 17, 2023
Auto
Catastrophe
Property
Vermont

The Exceedingly Low Odds of Vermont’s Flooding Disaster
The rainfall that hit parts of Vermont on Monday had less than a 1-in-100 chance of occurring in any given year, according to federal flood data. And yet, for some residents, it brought a sense of déjà vu -- it rivaled the devastation of another so-called 100-year storm, Hurricane Irene, from a dozen years ago.
July 17, 2023
Auto
Property
Vermont

Vermont Allows Non-resident Adjusters to Assist with Flood Claims
In response to the State of Emergency declared by Governor Phil Scott on July 9, the Vermont Department of Financial Regulation has announced a measure to allow property and casualty insurance carriers to utilize individual adjusters who are not licensed in Vermont.
July 13, 2023
Auto
Catastrophe
Legislation & Regulation
Property
Vermont



