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Nearly 80% Of Derecho Claims Closed; Payouts Exceed $1.6B

Nearly 80% Of Derecho Claims Closed; Payouts Exceed $1.6B

State officials released a report with preliminary insurance claim totals for Iowa from the August 10 derecho which gave some sense of the enormous extent of the damage caused by the storm.
November 10, 2020 Auto Catastrophe Property Iowa

Top 10 US Auto Insurance Companies Based On Customer Experience

Top 10 US Auto Insurance Companies Based On Customer Experience

A decline in auto insurance claims during the pandemic has allowed carriers to refine their customer experience strategies, resulting in record-high customer satisfaction, the latest survey from J.D. Power has revealed.
November 3, 2020 Auto

Toyota’s Fuel Pump Recall Now Covers Nearly 6M Vehicles Worldwide

Toyota’s Fuel Pump Recall Now Covers Nearly 6M Vehicles Worldwide

Toyota expanded a worldwide fuel pump recall to a total of 5.84 million vehicles for a defect that could cause the part to fail. In the United States, the total number of vehicles involved in this safety recall is now approximately 3.34 million vehicles.
October 30, 2020 Auto Subrogation Alabama Alaska Arizona Arkansas California

Hurricane Zeta Leaves Flooded Vehicles, Wind Damage Across MS Gulf Coast

Hurricane Zeta Leaves Flooded Vehicles, Wind Damage Across MS Gulf Coast

Hurricane Zeta plowed quickly across the Coast on Wednesday evening, felling trees, flooding neighborhoods and Biloxi casino garages, shoving boats onto the beach highway, drowning at least one person and leaving thousands without power.
October 29, 2020 Auto Property Louisiana Mississippi

Theft Ring Steals More Than 180 Luxury Cars In Monmouth County, New Jersey

Theft Ring Steals More Than 180 Luxury Cars In Monmouth County, New Jersey

“What’s linking all of this together is pure and unadulterated negligence by the owners of these cars,” says Monmouth County Prosecutor Chris Gramiccioni.
October 28, 2020 Auto New Jersey

Tesla Insurance Could Potentially Be America’s Biggest Auto Insurer

Tesla Insurance Could Potentially Be America’s Biggest Auto Insurer

Tesla Insurance – the auto insurance offshoot of Tesla Inc. – could become one of the largest auto insurers in America, if the unit’s valuation by chief executive Elon Musk is to be believed.
October 26, 2020 Auto

Tesla’s Advantages In The Autonomous Vehicle Race

Tesla’s Advantages In The Autonomous Vehicle Race

The $2 trillion global automotive industry is ripe for disruption from autonomous vehicle technologies that make driving safer, more energy-efficient and more convenient.
October 22, 2020 Auto Technology

It’s That Time Of Year Again: Insurance Claims Trends Around Halloween

It’s That Time Of Year Again: Insurance Claims Trends Around Halloween

Halloween has become one of the more popular traditions in the United States. In the four years prior to 2020, around 70% of Americans planned to participate in Halloween celebrations, according to Statista, a market and consumer data provider.
October 21, 2020 Auto Property

Upward Trend In Auto Theft Since Start Of Pandemic

Upward Trend In Auto Theft Since Start Of Pandemic

Vehicle owners nationwide are starting to see an unforeseen consequence of the COVID-19 pandemic: massive increases in auto theft.
October 19, 2020 Auto

Bad Faith: Judge Orders Insurer To Pay $900,000 For Denying $15,000 Stolen Car Claim

Bad Faith: Judge Orders Insurer To Pay $900,000 For Denying $15,000 Stolen Car Claim

Calling its employees’ conduct “flagrant, deceitful and outrageous,” a Lehigh County judge on Thursday levied $900,000 in punitive damages against an insurance company that denied an Allentown couple’s stolen car claim in 2016.
October 16, 2020 Auto Litigation Florida

Keys To Limiting Litigation Liability

Keys To Limiting Litigation Liability

Over the last decade, businesses have placed tremendous focus on improving the safety of their products, their establishments and the services they provide to their customers. They have taken advantage of data, technology and enhanced risk management practices driving safety and quality.
October 13, 2020 Auto Liability Litigation

Body Shop Lawsuits Against Insurers Dismissed By U.S. District Court In Florida

Body Shop Lawsuits Against Insurers Dismissed By U.S. District Court In Florida

Two shops have ended lawsuits filed against insurers that had been transferred to a U.S. District Court in Florida that has been overseeing dozens of similar lawsuits.
October 9, 2020 Auto Litigation Florida

Tesla’s Elon Musk Talks Single Cast Design, Collision Repair Strategy

Tesla’s Elon Musk Talks Single Cast Design, Collision Repair Strategy

Elon Musk recently shared some details about Tesla’s collision repair strategy when the company rolls out its vehicles that are built using single-piece castings.
October 9, 2020 Auto

A Claim Estimate Before The Tow Truck Is Called

A Claim Estimate Before The Tow Truck Is Called

On a typical day, about 80,000 American drivers have accidents serious enough to warrant calling their insurers. After the initial shock comes a predictable sequence of worries: Was anyone hurt? Am I at fault?
October 7, 2020 Auto Technology

$18M No-Fault Insurance Fraud Racket: Bribes Paid For Confidential Info Of New York Crash Victims

$18M No-Fault Insurance Fraud Racket: Bribes Paid For Confidential Info Of New York Crash Victims

A hardened fraudster ran a massive $18 million insurance fraud scam that involved an NYPD cop and five crooked 911 operators, prosecutors charged Thursday.
September 29, 2020 Auto Fraud Liability New York
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