All the headlines from our Auto Topic Page, ordered by recency.
Jul 10 2020 // State Auto Financial Corp’s board of directors has extended the contract of President and CEO Mike LaRocco for an extra 12 months, citing the need for “stability and continuity” in the face of...
Jul 9 2020 // Texas suffers from more than $1 billion in losses from motor vehicle crime each year, according to the Motor Vehicle Crime Prevention Authority (MVCPA), a division of the Texas Department of Motor Vehicles.To help Texans...
Jul 9 2020 // There’s a fairly large flaw in the way that programmers are currently addressing ethical concerns related to artificial intelligence (AI) and autonomous vehicles (AVs). Namely, existing approaches don’t account...
Jul 8 2020 // U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and...
Jul 6 2020 // State Farm Insurance Co. has been approved for an overall auto insurance rate decrease of 9.6% in Louisiana, the state insurance department reported.State Farm’s rate reduction most recently approved by Louisiana...
Jul 6 2020 // The U.S. commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting...
Jul 6 2020 // This morning, I wrote an article for the CPCU CLEW (Coverage, Litigators, Educators & Witnesses) Interest Group called “On Becoming an Insurance Coverage Nerd.” This afternoon, in this column, I get to...
Jul 6 2020 // Coronavirus lockdowns led to reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows.In New York City,...
Jul 2 2020 // U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc. supply chain unit McLane that it said should operate nationwide by 2024 and start running some...
Jul 1 2020 // Los Angeles, Calif.-based SF Insuretech Inc., the parent company of Just Auto Insurance, on Wednesday announced a $5.7 million seed funding round.ManchesterStory led the round, with additional investments from CEO and...
Jul 1 2020 // The R Street Institute, a non-profit public policy research organization based in Washington, D.C., says the Louisiana Legislature’s passage of a bill aimed at lowering high auto insurance costs represents a positive...
Jun 30 2020 // The Texas Office of Public Insurance Counsel (OPIC) has asked the Texas Department of Insurance (TDI) to conduct a special data call of the top 10 auto insurance groups in the state to gather information about personal...
Jun 30 2020 // The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting...
Jun 30 2020 // LONDON – Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis...
Jun 29 2020 // Michigan drivers who renew or buy car insurance face a choice starting July 2: stick with unlimited medical coverage, go with less or — for seniors with Medicare — opt out entirely.The decision, a signature feature of...
Jun 29 2020 // Tesla Inc. was sued over a Maryland highway crash last year in which a Model 3’s airbags failed to deploy, leaving a college professor with brain damage.Elon Musk, the company’s co-founder, has touted the Model...
Jun 26 2020 // California regulators approved new rules on June 25 that would force automakers to sell more electric work trucks and delivery vans, a first-of-its-kind rule aimed at helping the nation’s most populous state clean up...
Jun 26 2020 // In Johnson v. State Farm Mutual Auto Insurance Company, Johnson appealed a Missouri trial court’s grant of summary judgment in favor of State Farm, which upheld an owned-vehicle uninsured motorist (UM) exclusion...
Jun 24 2020 // Chicago, IL, June 24, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing...
Jun 22 2020 // With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has “plenty of room for...