Allstate pursues auto insurance rate increases in bid to return to profitability

Allstate continues to raise rates in response to increased loss ratios, company executives said during a special investor conference focused on auto insurance. Since the fourth quarter of 2021, the carrier has received approval for [...]

2022-03-28T07:51:35-04:00March 28th, 2022|RDN News Feed|

Advances in 4D radar touted to make next-generation ADAS, AVs possible

In April, Austin, Texas-based startup, Uhnder, will launch the first mass-produced, 4D digital imaging radar-on-chip that the company believes will make next-generation advanced driver assistance systems (ADAS), autonomous vehicles (AVs), and automated mobility applications possible. [...]

2022-03-28T07:51:04-04:00March 28th, 2022|RDN News Feed|

Connecticut bill limiting insurers’ role in repair decisions clears first hurdle

A Connecticut bill that would restrict insurers’ involvement in decisions about collision repair received approval from the legislature’s Transportation Committee on Thursday, with the understanding that more work on language around parts use remains to [...]

2022-03-25T08:21:04-04:00March 25th, 2022|RDN News Feed|

Could hydrogen-fueled EVs be part of the transportation future?

As OEMs steadily increase production of electric vehicles (EVs) with the goal of decreasing greenhouse gas emissions – some with a zero-emissions future in mind – the Compressed Gas Association (CGA) and U.S. Department of [...]

2022-03-25T06:51:07-04:00March 25th, 2022|RDN News Feed|

Minnesota bill follows auto right to repair legislation for use in other industries

Minnesota House “Digital Fair Repair” bill sponsor Rep. Peter Fischer (DFL-District 43A) cites automotive right to repair legislation as a successful example for lawmakers to consider when voting on his digital electronic equipment right to [...]

2022-03-24T12:21:04-04:00March 24th, 2022|RDN News Feed|

Purchase of digital mapmaker Atlatec adds to Bosch automated driving technologies

Bosch has announced that it has agreed to buy digital map specialist Atlatec to bolster its position in the field of automated driving. The pending purchase makes the Tier 1 supplier “the only company that [...]

2022-03-24T11:21:04-04:00March 24th, 2022|RDN News Feed|

Gerber reports securing rate increases from insurers, says it expects more

Boyd Group, the owner of Gerber Collision, has negotiated an “unprecedented” number of rate increases with a majority of insurers, and expects to obtain more over the coming months, Boyd CEO Tim O’Day told investors [...]

2022-03-24T07:51:03-04:00March 24th, 2022|RDN News Feed|

AAI seeks to reduce ‘persistent confusion’ over levels of vehicle autonomy

Concerned about “persistent confusion” among consumers and policymakers over the difference between Level 2 driver assistance systems and Level 3-5 autonomous driving technologies, the Alliance for Automotive Innovation (AAI) is seeking to further clarify the [...]

2022-03-23T10:21:03-04:00March 23rd, 2022|RDN News Feed|

Insurers’ auto body labor rates well below ‘market rates,’ expert tells Mass. commission

The refusal of auto insurers to adjust their labor rates in response to decades of rising costs has left body shops in an increasingly dire position, collision repairers and industry experts testified at a Massachusetts [...]

2022-03-23T08:51:04-04:00March 23rd, 2022|RDN News Feed|
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