Consumer Groups Say Some Auto Insurer Lockdown Rebates Are Too Small April 24, 2020 By Suzanne Barlyn Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp,...
Lockdowns Cut Driving and Crashes, Bring Insurance Discounts April 15, 2020 By Tom Krisher DETROIT — Interstates and city streets are empty and cars are quarantined in their owners’ garages, so consumer advocates argue...
Buffett’s Geico Offers $2.5 Billion Credits as Coronavirus Cuts Driving April 8, 2020 By Jonathan Stempel Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of...
Claims Pros Adjusting to Lower Volumes, Pandemic Complications April 8, 2020 By Jim Sams The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims...
Insurers Win Again – Mostly – in Antitrust Lawsuits Filed by Body Shops March 10, 2020 By Jim Sams A federal appellate court threw out most of the claims by automotive body shops in Indiana, Utah and Mississippi that...
Body Shop Owners Rank Carriers on Claims February 5, 2020 By Jim Sams Auto body shop owners may know better than anybody how well insurance companies take care of their customers. A report...
Viewpoint: Does Artificial Intelligence Know Who’s Barn is the Next to Burn Down? January 31, 2020 By Tom Quirk I shudder at the thought that an algorithm developed by artificial intelligence will allow the insurance industry to no longer...
7th Circuit: Appraisal Should Have Ended Dispute Over Roof Replacement November 18, 2019 By Jim Sams When managers of the Villas at Winding Ridge in Indianapolis asked a contractor to assess the condition of the 33...
Damage Claim Hinges on Whether ‘Feral Cats’ are Domestic August 15, 2019 By Jim Sams Some bears can balance balls on their noses and some elephants can perch on pedestals, but that doesn’t make them...
Texas Supreme Court Clarifies Bad Faith in Appraisal Process July 2, 2019 By Jim Sams An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does...