J.D. Power expects auto insurance policyholders to continue shopping for lower rates this year and perhaps an uptick in usage-based insurance (UBI) adoption. Last year, insurance costs hit record levels. The average annual premium was [...]
Oklahoma Sen. Lonnie Paxton (R-District 23), an insurance agent has introduced a bill that caps storage fees, labor rates and restricts the max amount of billable hours for tear-downs and administrative work. Paxton, an insurance [...]
According to research by Mitchell International, collision repairers will continue to face increasing vehicle complexity, rising claims severity, and longer cycle times. Ryan Mandell, Mitchell’s auto physical damage division director of claims performance, reports that [...]
General Motors (GM) reached a settlement agreement with the Federal Trade Commission (FTC) which bans the company from disclosing consumers’ sensitive geolocation and driver behavior data to consumer reporting agencies for five years. The order [...]
The Alliance for Automotive Innovation (Auto Innovators) has taken its disagreement with the National Highway Traffic Safety Administration’s (NHTSA) new automatic emergency braking rule to court. The association clarified in a press release on Friday [...]
A bill filed by New York Sen. Joseph P. Addabbo Jr. (D-District 15) would amend the state’s insurance law to create an independent Consumer Advocate Office and an auto insurance rate and complaint database. The [...]
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) and the Minnesota Careers in Automotive Repair and Service (MNCARS) have launched a $50,000 Electric Vehicle (EV) Scholarship Program for schools, teachers and students in the [...]
California Gavin Newsom recently told CNN that wildfire debris removal is more complicated due to electric vehicle (EV) batteries and vehicle technology such as Tesla at home chargers. A news release from his office also [...]
A study released by Waymo and Swiss Re found Waymo Driver has better safety performance than human-driven vehicles. The study compared Waymo’s liability claims to human driver baselines based on Swiss Re’s data of over [...]
A Florida appeals court decision regarding a homeowner’s insurance assignment of benefits (AOB) lawsuit could have ramifications in the state’s auto insurance industry and affect how collision repairers represent their customers in the future. On [...]
