
3 N.J. Men Charged In Theft Of $1.5 M In Luxury Vehicles
Three men one from Union County and two from Essex County have been charged for their roles in a car theft-ring that stole about $1.5 million in luxury vehicles last year in New Jersey, New York and Connecticut, authorities said .
June 25, 2020
Auto
New Jersey

Amarillo, Texas Hail Storm Considered Catastrophic Due To High Volume Of Insurance Claims
Fridays hail storm in Potter and Randall Counties was declared a catastrophic event, meaning over 500 insurance claims were made in each county. The Insurance Council of Texas is projecting around 2,800 auto claims and around 1,600 homeowners claims in Amarillo from the first round of hail storms in Amarillo.
June 23, 2020
Auto
Catastrophe
Property
Texas

Custom Wrangler, Special Edition Ford Truck Sunk Trying To Save Exotic Boat
What should have been an enjoyable day out on the water turned into an expensive serious of events for a boat owner in Indiana.
June 22, 2020
Auto
Indiana

Jeep Recalls 95K To Fix Transmission Issue
Fiat Chrysler is recalling almost 95,000 Jeep Cherokees worldwide because a transmission problem can cause the small SUVs to lose power unexpectedly. Also, when drivers shift into park, the transmissions may not go there, increasing the risk of a rollaway crash.
June 19, 2020
Auto
Subrogation

Auto Insurance Websites Are More Important To Customer Experience Than Agents
The J.D. Power 2020 U.S. Auto Insurance Study released last week revealed that auto insurance websites have become more important to the customer experience than human agents for the first time.
June 17, 2020
Auto
Technology

COVID-19 Has Accelerated Changes In Auto Claims
Auto insurance customers should enjoy a shorter claims journey if pandemic-related changes stick around, insurance pros told Canadian Underwriter recently. Social distancing rules related to the COVID-19 pandemic have forced the insurance industry, along with its customers, to adopt technology for insurance-related services.
June 17, 2020
Auto
Technology

Storm Leaves Catastrophic Hail Damage In Calgary
The weekend hailstorm that tore up houses, smashed car windows and flooded streets in Calgary is expected to be labelled a natural catastrophe, according to an insurance expert.
June 17, 2020
Auto
Catastrophe
Property

IIHS Study: SUVs More Deadly To Pedestrians Than Cars
SUVs are more likely than passenger cars to injure or kill pedestrians, according to a new U.S. insurance industry study which recommended design changes to improve safety.
June 16, 2020
Auto
Liability

Top 10 Bizarre Insurance Claims
Insurance plays a significant role in everything imaginable. One reason why is because it must be legally owned to perform certain activities — think of auto insurance and driving a car; other examples of compulsory insurance include workers’ compensation and professional liability insurance.
June 12, 2020
Auto
Liability
Property
Weird
Workers' Compensation

How An Independent Adjusting Firm Is Handling Property Inspections
Despite the unprecedented closures and precautions arising from the ongoing pandemic, claims adjusters continue to inspect properties affected by disasters.
June 12, 2020
Auto
Property

Estimated Insured Losses From Tropical Storm Cristobal Near $150M
Catastrophe modeling firm Karen Clark & Company (KCC) estimates that insured losses from Tropical Storm Cristobal will reach nearly $150 million. KCCs estimate, which was based on its high-resolution US Hurricane Reference Model, includes privately insured wind and storm surge damage to residential, commercial, and industrial properties and vehicles.
June 11, 2020
Auto
Property
Alabama
Louisiana
Mississippi

Future Is Already Here In Claims
A perfect storm of macro factors has supercharged several trends in the insurance industry, producing almost touchless processes for claims and enabling cycle times of seconds, minutes and hours instead of days and weeks.
June 10, 2020
Auto
Excess & Surplus Lines
Liability
Property
Technology

Total Loss Trends Emerge Amidst The Pandemic
Every industry has been impacted by actions taken to control the spread of COVID-19, including the automotive industry. Growing unemployment, coupled with a pivot to remote working, has changed consumer priorities and curtailed car-buying habits.
June 9, 2020
Auto
Salvage
Technology
Cristobal Downgraded To Tropical Depression After Weekend Of Flooding, Tornadoes
Tropical Storm Cristobal downgraded to a tropical depression Monday morning as it continued to spiral north into Louisiana after a weekend that plagued Florida with tornado warnings including an EF1 tornado that damaged homes in Orlando.
June 8, 2020
Auto
Property
Florida
Louisiana

Honda, Acura Recalling Nearly 140K 20182019 Vehicles For Fuel Pump Problem
Honda has issued a recall and stop-sale order on 136,057 Honda and Acura models, mostly from the 2018 and 2019 model years, to fix a fuel pump that could fail, causing the vehicle to stall.
June 4, 2020
Auto
Subrogation



