New Drivers and Electric-Vehicle Tech Bring New Risks to Auto Insurance Market June 21, 2024 By Jahna Jacobson High claim severities, persistent risky driving behavior, electric vehicles and shop-and-swap consumers are challenging auto insurers to stay profitable. The...
Survey: Most Homeowners Believe Their Policy Covers Floods June 20, 2024 Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a...
Most Drivers in U.S. Support Anti-Speeding Technology in Vehicles, Survey Shows June 13, 2024 By Abhinav Parmar More than 60% of the drivers in the United States would find it acceptable if their vehicle provided an audible...
U.S. Agency Seeks Answers From Waymo in Self-Driving Vehicle Probe June 13, 2024 By David Shepardson The National Highway Traffic Safety Administration said Wednesday it is seeking additional details about a series incidents that raise concerns...
Report Shows Trust Top Driver of Auto Insurance Customer Satisfaction June 12, 2024 High auto insurance premiums don’t necessarily erode customer satisfaction with auto insurers, according to the latest J.D. Power 2024 U.S....
Long-Range EVs Now Cost Less Than the Average New Car in the U.S. June 7, 2024 By Tom Randall The automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result...
IIHS: Crash Tests Highlight Large SUV Vulnerabilities June 7, 2024 Large SUVs give the impression of a safer ride; however, that isn’t always the case, new crash test results by...
Gaining Efficiencies by Prioritizing Sustainability in Insurance Practices, Claims June 6, 2024 By Tony Graham Auto insurance premiums have experienced a significant and unsustainable surge, increasing 26% over the past year. This surge can be...
Report Shows Increase in Total EV Loss Claims June 6, 2024 A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles. Mitchell...
Toyota Car Safety Certification Scandal Prompts Calls for Rules Review June 5, 2024 By Masatsugu Horie The safety requirements that led Toyota Motor Corp., Honda Motor Co. and other Japanese carmakers to falsify certification tests may...