auto injury claims News

IRC: Auto Injury Claims Costs Outpace Inflation, Lawyer Involvement Increases

A new study from the Insurance Research Council (IRC) shows that claimed economic losses for auto bodily injury liability (BI) insurance claims increased 10 percent annualized from 2012 to 2017, substantially above the medical inflation rate of 3 percent over …

Word of Mouth, Desire for More Money Leads Injured Auto Crash Claimants to Hire Attorneys

In a recent online poll about experiences with auto injury insurance claims, almost half of respondents with auto injury claims hired attorneys to help settle those claims, according to a survey commissioned by the Insurance Research Council. The most common …

NHTSA Finds Unreported Volkswagen Deaths, Injuries

Volkswagen AG failed to report at least one death and three injuries involving its vehicles to a U.S. regulator’s database designed to save lives by spotting possible defects. Lawsuits concerning the accidents, filed over the last eight years, weren’t found …

IRC Report: Auto Injury Claims Costs Rise Despite Safer Vehicles

Claims cost per injured vehicle are still increasing in the United States, even though better vehicle safety has helped reduce claims frequency, the Insurance Research Council found in a new report. The IRC, a division of the American Institute For …

SGI Seeks Input During Review of Auto Injury Program

SGI is seeking input over the next several months from the public and stakeholders in a comprehensive review of its auto injury program. “We want to ensure the injury program is still effectively meeting the needs of Saskatchewan residents,” said …

Fighting Back Against Rising Bodily Injury Severities

Looking at insurance loss trends can be quite baffling at times. Perhaps no more so than when trying to figure out why bodily injury severities continue to rise despite frequency declining at a time when the safest cars ever produced …