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Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why.

Nov 21 2024 // A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than other drivers for coverage, they also have more claims and driving infractions.The...

Economic, Social Inflation Influence Drop in Commercial Auto UW Profits: Triple-I/CAS

Nov 18 2024 // Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net...

2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023

Nov 14 2024 // After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best reports indicates further deterioration in the first half of 2024.Despite targeted underwriting initiatives, including...

NYC Man Charged With Insurance Fraud in Staged Car Crash Captured By Dashcam

Nov 12 2024 // A New York City man has been charged with staging a car accident for insurance fraud purposes last month in a case that received wide publicity after the victim shared dashboard camera footage of the crash, authorities...

Mississippi Worker Killed When Hot Asphalt Falls from Dump Truck

Nov 6 2024 // JACKSON, Miss. (AP) — Police in Mississippi’s capital said a man died Monday when he was trying to repair a dump truck and asphalt poured onto him.Darrell Sheriff, 41, was underneath the truck working on a...

Vehicle Crashes Into Tree in Wisconsin, Killing 5

Nov 4 2024 // Five people died in a fiery vehicle crash in Wisconsin, authorities said Saturday.The Dane County Sheriff’s Office said in a statement that the vehicle crashed into a tree Friday night off a roadway just south of...

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