Study finds motorists want more vehicle safety features & post-collision emotional support

A recent study found that drivers and passengers who have been involved in major motor vehicle crashes would like to have more safety features in their vehicles and emotional support immediately after a collision. RoadSafetyUAE, [...]

2022-03-30T07:21:40-04:00March 30th, 2022|RDN News Feed|

EV sales rise 11% in Q4, as states consider direct-to-consumer legislation

Sales of electric vehicles (EVs) rose by 11% in the fourth quarter of 2021, with EV sales hitting 6% of all light-duty vehicle sales, the highest for any quarter to date, the Alliance for Automotive [...]

2022-03-30T07:21:04-04:00March 30th, 2022|RDN News Feed|

Potential class action suit says Progressive ‘thumbs the scale’ on ACV determinations

Another major auto insurer is facing a lawsuit over its use of unexplained adjustments to lower its actual cash value (ACV) calculations in total loss cases, as Progressive Insurance faces a potential class action suit [...]

2022-03-29T07:21:04-04:00March 29th, 2022|RDN News Feed|

USAA CEO, other top executives rake in millions; Auto insurance companies seek added rate hikes

Nonprofit San Antonio Report found in recent Nebraska Department of Insurance filings that USAA CEO Wayne Peacock earned at least $1.9 million in 2021. Peacock was one of more than 20 USAA executives whose salaries were [...]

2022-03-29T06:52:06-04:00March 29th, 2022|RDN News Feed|

Mercedes reportedly takes on liability of its Level 3 AV technology, Drive Pilot to be offered in U.S. later this year

As autonomous vehicle (AV) technology advances, the question of who liability falls on – the vehicle owner or the OEM – in the event of crashes has largely been left unanswered with the implied exception [...]

2022-03-29T06:51:36-04:00March 29th, 2022|RDN News Feed|

Bill allowing 24-hour storage contract at time of towing advances in Connecticut

A Connecticut legislative committee has approved a proposed bill that would allow tow truck operators to require vehicle owners to sign a contract for up to 24 hours of storage after an accident. The legislation, [...]

2022-03-29T06:51:04-04:00March 29th, 2022|RDN News Feed|

State Farm faces possible class action suit over ‘arbitrary’ adjustment of total loss claims

State Farm is facing a proposed class-action lawsuit that accuses the nation’s largest auto insurer of systematically underpaying thousands of total loss claims by applying a percentage discount to the value of comparable vehicles to [...]

2022-03-28T07:52:05-04:00March 28th, 2022|RDN News Feed|

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|
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