New York AG Letitia James secured $975,000 from Root Insurance after a website vulnerability allowed hackers to steal over 44,000 New Yorkers’ driver’s license numbers.
A motorist in Denver narrowly avoided a suspicious insurance fraud attempt when a reckless Hummer H2 driver suddenly braked and reversed toward their vehicle. Thanks to a dash cam, the incident was recorded, showing what appears to be either an attempted scam or extreme road rage.
With soaring premiums and industry instability, Florida lawmakers are pushing for reforms in home and auto insurance. Transparency, incentives, and technology may offer relief, but challenges remain.
Fraud investigations in Canada jumped 76% in 2024, with auto-related scams making up 67% of cases. Staged crashes, AI-powered fraud, and stolen vehicle scams are straining repair shops.
A fraudulent tow truck scheme is spreading across California, with scammers seizing vehicles after crashes and demanding excessive fees before releasing them to owners.
Tesla is recalling nearly 380,000 Model 3 and Model Y vehicles in the U.S. due to a power steering assist failure linked to older software, increasing the risk of a crash.
A new Insurance Research Council (IRC) report reveals that over 33% of U.S. drivers in 2023 lacked sufficient auto insurance, marking a significant increase since 2017.
Higher interest rates and improved underwriting have helped the US property and casualty insurance industry recover in 2024, with continued growth and profitability expected in 2025.
Michigan is tackling surging auto theft by expanding its Auto Fraud Task Force, partnering with law enforcement to curb organized crime and reduce insurance costs.
European road safety initiatives, including Vision Zero, are influencing U.S. transportation policies. Experts highlight innovation, enforcement, and education as key factors.
Allegations of staged accidents and fraudulent medical claims in New York could be inflating Uber ride prices by driving up insurance costs for rideshare drivers.
A Charlotte man faces a felony insurance fraud charge after allegedly misrepresenting how his vehicle was damaged, claiming a deer strike instead of a hit-and-run crash.
The federal government’s new stance on electric vehicles creates uncertainty for Michigan’s EV industry, but major investments and industry leaders remain committed to long-term electrification.
New York Governor Kathy Hochul has proposed reforms to stabilize the city’s troubled taxi and rideshare insurance market after the collapse of its largest provider, American Transit Insurance Co.
Despite progress through legislative reforms, Louisiana’s insurance market remains burdened by high costs, litigation, and affordability issues, requiring ongoing attention.