
The Herculean Task Required To Reduce Liability Claims Involving Autonomous Vehicles
Autonomous vehicles need their own space to operate, a report says, and auto executives agree that putting them on the same roads as human-driven cars in a mixed-use environment will only increase liability claims.
July 31, 2020
Auto
Liability
Technology

CAT Modeler Projects Hurricane Hanna Insured Losses Near $350M
Karen Clark & Company (KCC) has estimated that insurance industry losses from Hurricane Hanna, the first hurricane of the 2020 North Atlantic hurricane season, will near $350 million.
July 30, 2020
Auto
Catastrophe
Property
Texas

Is Lemonade Or Tesla The Biggest Insurance Disruptor?
Ive never been a big fan of the term disruption. I believe that in the InsurTech world, a majority of the startups are partnering with incumbents to enable industry transformation. They are catalysts for change, to be sure.
July 30, 2020
Auto

Three Auto Claim Examples That Prove Telematics Is A Must
If you’re not convinced about the value of telematics in the auto insurance space, you might be swayed after reading what Phil Ost, head of personal lines at Zurich Insurance Company, had to say during a virtual fireside chat at Connected Claims USA 2020.
July 28, 2020
Auto
Technology

Utah Home And Vehicles Burn, $700K Estimated Damage
Several people were displaced following a fire that blazed through a home and engulfed four vehicles early Saturday morning.
July 27, 2020
Auto
Property
Utah

Elon Musk Creating Insurance Company For Tesla Drivers, With Premiums Based On Telematics
Despite a rocky rollout from its first attempt, Tesla is eyeing a full-fledged insurance product using data collected from its vehicles to offer cheaper premiums than traditional insurers.
July 24, 2020
Auto
Technology

Alcohol Detection Systems Could Prevent More Than A Fourth Of U.S. Road Fatalities
Alcohol-detection systems that stop people from drinking and driving could prevent more than a quarter of U.S. road fatalities and save upwards of 9,000 lives a year, a new study from the Insurance Institute for Highway Safety shows.
July 24, 2020
Auto
Liability
Technology

Well-Known Claims Adjusting Companies Merge
Eberl Claims Service and US Adjusting Services have announced that they have combined their business operations. Eberl will acquire certain assets and the business of US Adjusting Services, and both businesses will operate together.
July 23, 2020
Auto
Catastrophe
Liability
Property

COVID-19 Quickens The Pace Of Digital Transformation
This year, we have witnessed explosive growth in technology adoption. Zoom video conferencing has risen 574%, Instacart grocery delivery has jumped 450% and Google Classroom usage has increased 580%all due to COVID-19. The pandemic has truly altered how we think about and use technology.
July 17, 2020
Auto
Technology

Expect Automobile Insurance Fraud Schemes During The Pandemic
Some consumers who owe money on vehicle loans during the COVID-19 pandemic may be tempted to make false auto theft claims, an independent adjuster warns.
July 15, 2020
Auto
Fraud

Young Man Charged In $200,000 Luxury Car, U-Haul Insurance Fraud Scheme
A statewide grand jury has indicted a Holbrook man after prosecutors said he was involved in a scheme of buying luxury cars with fraudulent financing in order to purposely damage them, collecting more than $200,000 of insurance proceeds in the process.
July 14, 2020
Auto
Fraud
Massachusetts

Roads, Homes Flood Throughout Hoboken As Tropical Storm Fay Drenches NJ
Tropical Storm Fay formed quickly off the coast of the Carolinas Thursday, but after rolling through New Jersey all day Friday the impacts of the storm will not be soon forgotten.
July 13, 2020
Auto
Property
New Jersey

Violent Storms Create Hail, Flash Flooding In Philadelphia Area
The first hint of the trouble to come popped up on radar at noon Monday — an unexceptional patch of light rain over an area from Clifton Heights to Glenolden, Delaware County.
July 8, 2020
Auto
Property
Pennsylvania

CCC Says Photo Estimating Booms; LexisNexis Calls 2020 Virtual Claims Tipping Point
CCC last month reported the COVID-19 response has produced a record expansion rate “exceeding double-digit growth” for photo estimates and “AI-supported claims” since Jan. 1. Insurers recently produced their 3 millionth photo estimate since 2018, according to CCC.
June 30, 2020
Auto
Technology

Fatal Crashes Up: Lockdowns Put the Brakes On Traffic, But Not Speeders
Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows.
June 26, 2020
Auto
Liability



