Latest Auto Headlines
All the headlines from our Auto Topic Page, ordered by recency.
Who Owns Tesla Vehicle Performance Data?
Mar 11 2022 // At the end of an interview with the founder of Quantiv Risk, an insurtech that helps carriers make sense of performance data from vehicles with advanced driver assistance systems, Carrier Management posed a big picture...
Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s
Mar 10 2022 // Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled,...
Michigan Drivers to Receive $400 Auto Insurance Refunds Over Next 2 Months
Mar 10 2022 // Michigan drivers with auto insurance will soon starting getting previously announced $400 refunds per vehicle. Gov. Gretchen Whitmer and the state’s top insurance regulator said Monday that a $3 billion transfer of...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines
Mar 8 2022 // US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at a pace that matches an historic inflation rate, the American Property Casualty Insurance...
Vermont Police Continue Probe Into 36-Car Pileup
Mar 7 2022 // Vermont State Police say the recent multi-car pileup on I-89 likely was the largest motor vehicle crash in state history. Thirty-six vehicles were directly involved in the crash Feb. 28 in heavy and blowing snow and icy...
How Data-Rich Telematics Is Accelerating the Future of Auto Insurance
Mar 7 2022 // Auto insurance pricing is complex, challenging carriers to deliver competitive rates that effectively balance risk with profit potential. Fortunately, the evolution of telematics has streamlined the pricing process to...
Pandemic Brought Surge in Illegal Street Racing Across U.S.
Mar 7 2022 // Jaye Sanford, a 52-year-old mother of two, was driving home in suburban Atlanta on Nov. 21 when a man in a Dodge Challenger muscle car who was allegedly street racing crashed into her head-on, killing her. She is one of...
Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years
Mar 7 2022 // The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial...
Two Kansas City Workers Die in Trash Truck Fire
Mar 4 2022 // A second Kansas City worker has died from injuries after a trash truck crashed and caught fire, police said. The crash happened the morning of March 1 as the trash truck tried to exit Interstate 435 onto Front Street in...
$300K Settlement with Biker Club Member in Las Vegas Traffic Stop Dispute
Mar 4 2022 // Las Vegas police have agreed to a $300,000 settlement with the estate of a California man who said he was illegally questioned by officers during a traffic stop of a van carrying members of a motorcycle club. James Iiams,...
Property, Motor Vehicle Insurance Claims From Severe Australia Floods at A$900M and Rising
Mar 4 2022 // Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and New South Wales. Based on previous flood events, the Insurance Council of...
Arizona High Court Rules Jeep Can Be Sued Over Girl’s Death
Mar 3 2022 // The family of a little girl who was killed when her mother’s car was rear-ended by a Jeep on a Phoenix freeway can sue the SUV’s manufacturer for wrongful death because it did not install automatic emergency...
Delaware Regulator Urges Ban on Gender-Based Auto Insurance Rating
Mar 3 2022 // The Delaware Insurance Department has issued a report critical of the use of gender in auto insurance rating and concluding that the state should end the practice as six other states have done. The report found that...
Families of Houston Residents Killed in Police Pursuits Press for Review of Officer Driver Training
Mar 1 2022 // The families of two Houston residents killed in a series of recent traffic accidents involving local law enforcement said Feb. 24 they believe their loved ones’ deaths are part of an ongoing problem with police...
Liberty Mutual Closes Deal for State Auto Group
Mar 1 2022 // Liberty Mutual Insurance said it completed the all-cash deal of about $1 billion for super-regional insurer State Auto Group. The transaction was originally announced in July 2021. Now that it gained all required...
California Allows Cruise, Waymo Autonomous Vehicle Passenger Service
Mar 1 2022 // The California Public Utilities Commission (CPUC) on Monday issued permits to self-driving units of General Motors and Alphabet Inc. to allow for passenger service in autonomous vehicles with safety drivers present. CPUC...
Lemonade Execs Expect ‘Peak Losses’ in 2022
Feb 25 2022 // With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s—up 20 points over comparable 2020 periods—Lemonade guided shareholders that results will get...
Fire on Massive Car Transport Ship, Felicity Ace, Is Likely Extinguished
Feb 25 2022 // The fire on the cargo ship Felicity Ace, which had burned for more than a week, is likely extinguished and the vessel is now being towed, according to the operator MOL Ship Management. The ship had been transporting...
Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs
Feb 25 2022 // Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador...
Texas Supreme Court Affirms Governmental Immunity in Pair of Decisions
Feb 25 2022 // The Texas Supreme Court recently delivered rulings on a pair of cases challenging the City of San Antonio’s governmental immunity, and in both instances the court affirmed that the Texas Torts Claim Act protects a...
