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Insurer Offering Reward For Recovery Of Stolen James Bond ’Goldfinger’ Aston Martin DB5

Insurer Offering Reward For Recovery Of Stolen James Bond ’Goldfinger’ Aston Martin DB5

A major movie mystery could soon be solved. Not on screen, but in the real world of stolen art.
August 19, 2021 Auto Fraud

Mother, Son Luxury Car Theft Ring Busted In Southern Texas

Mother, Son Luxury Car Theft Ring Busted In Southern Texas

A tip about a stolen car in a Fort Bend County subdivision led investigators to a multi-million dollar luxury vehicle theft ring, according to the Fort Bend County sheriff.
August 19, 2021 Auto Fraud Texas

Michigan Reaches Deal To Cover Uninsured Vehicle Accident Victims

Michigan Reaches Deal To Cover Uninsured Vehicle Accident Victims

A new Michigan Department of Insurance and Financial Services agreement ensures unlimited Personal Injury Protection (PIP) medical coverage for uninsured vehicle occupants and pedestrians who were injured in auto accidents prior to the July 2, 2020 implementation of Michigan’s new auto insurance law.
August 16, 2021 Auto Legislation & Regulation Michigan

NY Drivers Seek Class Action Against Insurer For Systematically Underpaying Total Loss Claims

NY Drivers Seek Class Action Against Insurer For Systematically Underpaying Total Loss Claims

A proposed class action suit has been filed against the Progressive Corporation in New York federal court accusing the insurer of underpaying total loss claims by applying an arbitrary and deceptive valuation adjustment.
August 13, 2021 Auto Litigation New York

Allianz Launches Blockchain Claims Solution in 23 Countries

Allianz Launches Blockchain Claims Solution in 23 Countries

Allianz, Europe’s largest insurer, went into production mid-May with a solution to streamline international motor insurance claims. The enterprise blockchain platform has been deployed across 23 European subsidiaries.
August 11, 2021 Auto Technology

Triple-I: Rating-Factor Variety Drives Accuracy of Auto Insurance Pricing

Triple-I: Rating-Factor Variety Drives Accuracy of Auto Insurance Pricing

Lower-risk drivers should pay less for auto insurance, and premiums have closely tracked broader U.S. economic trends for decades, Triple-I told the U.S. Treasury Department’s Federal Insurance Office (FIO) this week.
August 2, 2021 Auto

Supercell Storm Produces Large Hail, Severe Winds in Northern Minnesota

Supercell Storm Produces Large Hail, Severe Winds in Northern Minnesota

Severe storms that produced ‘monster-sized’ hail and high winds on Monday evening left behind a trail of ruin -- from downed trees to home and property damage -- in its wake across much of Beltrami County and beyond.
July 29, 2021 Auto Property

A Changing Vision for Driverless Vehicles

A Changing Vision for Driverless Vehicles

As plans for fully autonomous vehicles continue to get pushed back, the near future is beginning to look like it will revolve around a different acronym: more ADAS, less AV.
July 27, 2021 Auto

Sandstorm Contributed to Fatal 22-Vehicle Pileup on Utah Interstate

Sandstorm Contributed to Fatal 22-Vehicle Pileup on Utah Interstate

A sandstorm caused a huge 22-vehicle pileup on a Utah highway that left eight people dead, including children, authorities said.
July 26, 2021 Auto Utah

32 Accused in San Diego-Based Insurance Fraud Ring

32 Accused in San Diego-Based Insurance Fraud Ring

A long-running investigation into a San Diego-area auto insurance fraud ring involving staged collisions and thefts has resulted in charges against 32 defendants and uncovered $822,000 in losses, state officials said Friday.
July 19, 2021 Auto Fraud California

GM Recall: Side Airbags Can Explode in Chevy, GMC Pickups

GM Recall: Side Airbags Can Explode in Chevy, GMC Pickups

General Motors is recalling more than 400,000 pickup trucks in the U.S. because the side airbags can explode without warning and spew parts into the cabin.
July 14, 2021 Auto Subrogation

More Than 60 Wildfires in the U.S., Bootleg Fire in Oregon the Largest

More Than 60 Wildfires in the U.S., Bootleg Fire in Oregon the Largest

The Bootleg Fire, a fast-moving wildfire in southern Oregon, has burned more than 200,000 acres, making it the largest of dozens of blazes across the United States, officials said Tuesday.
July 14, 2021 Auto Property Arizona California Idaho Montana Oregon

US Insured Losses From Hurricane Elsa Estimated at $240M

US Insured Losses From Hurricane Elsa Estimated at $240M

The insured loss to onshore properties from Hurricane Elsa will be around $290 million -- $240 million in the US and $50 million in the Caribbean, according to catastrophe modeling firm Karen Clark & Company (KCC).
July 13, 2021 Auto Property Florida Georgia New York

AI and Its Impact on Automotive Claims

AI and Its Impact on Automotive Claims

For more than six decades, innovators have attempted to unlock the full potential of artificial intelligence (AI). It wasn’t until the past decade that the science finally caught up to expectations.
July 12, 2021 Auto Technology

Progressive Hiring Nearly 3000 for Claims Positions Nationwide

Progressive Hiring Nearly 3000 for Claims Positions Nationwide

Progressive Insurance announced it plans to hire over 6,000 new employees across the nation and some of the openings are in the Cleveland area.
July 8, 2021 Auto Catastrophe Education & Training Liability Property
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