AI and Telematics Transform Auto Insurance with Real-Time Insights
Artificial intelligence and telematics are reshaping auto insurance by enabling dynamic, behavior-based premiums, improving road safety, and enhancing customer experiences.
December 26, 2024
Auto
Risk Management
Technology
Holiday Hazards That Lead to Common Injuries
The holiday season brings joy but also hazards, from falls and car accidents to food-related issues. Learn about the most common injuries and how to avoid them.
December 13, 2024
Auto
Liability
Life & Health
Risk Management
Insurance Customers Embrace Digital Claims, Driving Satisfaction Gains
Insurance customers are increasingly satisfied with digital claims processes, thanks to mobile app improvements like collision reporting, image uploads, and seamless navigation tools.
December 4, 2024
Auto
Insurance Industry
Property
Technology
Federal Prosecutors Target Alleged $10 Million No-Fault Insurance Fraud Scheme
Federal prosecutors have indicted three individuals in connection with an alleged $10 million no-fault auto insurance fraud operation, with ties to a firm linked to former NYC official Frank Carone.
December 3, 2024
Auto
Fraud
Legislation & Regulation
Litigation
New York
Bridging the Gap Between AI and Human Touch in Customer Experience
Businesses must strike a balance between innovative AI tools and human intuition to meet evolving customer expectations and deliver exceptional experiences.
December 2, 2024
Auto
Insurance Industry
Technology
New York Penalizes GEICO and Travelers Over Auto Insurance Cybersecurity Breaches
New York imposes $11.3M in fines on GEICO and Travelers after data breaches exposed personal information of over 120,000 customers, citing insufficient cybersecurity controls.
November 26, 2024
Auto
Legislation & Regulation
Liability
Technology
New York
Thanksgiving Travel Expected to Break Records, Says AAA
Thanksgiving travel this year is expected to surpass pre-pandemic levels, with nearly 80 million Americans traveling by car, air, and other modes, setting new records across the board.
November 22, 2024
Auto
Insurance Industry
Risk Management
California
Florida
Hawaii
New York
Washington
New Hampshire Supreme Court Strikes Down Geico’s Underinsured Motorist Claim Deadline
The New Hampshire Supreme Court ruled that a Geico policy requiring underinsured motorist claims within three years of an accident is unenforceable, citing conflicts with state law designed to protect injured insureds.
November 14, 2024
Auto
Insurance Industry
Legislation & Regulation
Litigation
New Hampshire
GM Issues Recall on Diesel Pickups and SUVs Over Rear Wheel Lock-Up Risk
General Motors is recalling nearly 462,000 Chevrolet, GMC, and Cadillac vehicles with diesel engines due to a defect in the transmission control valve that could cause rear wheels to lock up, raising crash risks.
November 14, 2024
Auto
Legislation & Regulation
Risk Management
Technology
Allstate Seeks Repayment from Hyundai, Kia Over Vehicle Fire Claims
Allstate and subsidiaries are suing Hyundai and Kia, claiming the automakers failed to address known fire risks in certain vehicles, resulting in insurance payouts for damages related to vehicle fires.
November 14, 2024
Auto
Liability
Litigation
Subrogation
California
Commercial Auto Insurance Faces Steep Losses Despite Rate Hikes, AM Best Reports
Despite over a decade of rate hikes and underwriting reforms, the commercial auto insurance sector has faced escalating losses, with 2023 marking its worst year on record due to high claims costs, social inflation, and other persistent challenges.
November 14, 2024
Auto
Litigation
Risk Management
Underwriting
Tesla Cybertruck Recall of 2,400 Units Marks Sixth This Year
Tesla recalls 2,400 Cybertrucks in the U.S. over a faulty driver inverter that could cause loss of power, raising crash risks. This latest issue, which affects Cybertrucks manufactured through July 30, follows several other recalls issued in 2024.
November 14, 2024
Auto
Legislation & Regulation
Risk Management
Technology
Fake Bear Attack Insurance Scam Leads to Arrests in California
Four Southern California residents were arrested on suspicion of insurance fraud after allegedly submitting false claims that their cars were damaged by a bear, which officials say was a person in a bear costume.
November 14, 2024
Auto
Fraud
Litigation
Risk Management
Weird
California
Progressive Faces Class Action Over Alleged Denial of Collision Insurance in Massachusetts
Progressive is embroiled in a class-action lawsuit alleging that it unlawfully refused to offer collision insurance to Massachusetts drivers, potentially impacting hundreds and sparking questions about legal compliance.
November 11, 2024
Auto
Insurance Industry
Legislation & Regulation
Litigation
Massachusetts
Brooklyn Man Charged with Insurance Fraud After Allegedly Staging Car Crash Caught on Viral Dash Cam Video
A Brooklyn man faces multiple charges after allegedly staging a car accident on the Belt Parkway, an event captured on dash cam that went viral on social media. Authorities say the incident endangered lives and remains under investigation for additional suspects.
November 11, 2024
Auto
Fraud
Litigation
Risk Management
New York
