Colorado man sentenced in $268K insurance fraud scheme with former Travelers adjuster

A Colorado man who aided a former Travelers Insurance claims adjuster in committing fraudulent auto insurance claims that added up to hundreds of thousands of dollars has been sentenced for his role in the scheme. [...]

2024-07-30T06:52:20-04:00July 30th, 2024|RDN News Feed|

California collision industry reacts to proposed regulations on storage fees

California Bureau of Automotive Repair (BAR) recently fielded more than two hours of comments about proposed regulations on storage and towing fees that could significantly change the way collision repair shops operate in the state.  [...]

2024-07-30T06:51:49-04:00July 30th, 2024|RDN News Feed|

Progressive accused of denying appraisal clause and violating New Hampshire insurance code

An actual cash value dispute between a New Hampshire resident and Progressive recently ended with policyholder Mike Hamel’s right to invoke the appraisal clause in his policy being trumped by state law. The pickup truck [...]

2024-07-30T06:51:18-04:00July 30th, 2024|RDN News Feed|

Toyota brings production of new hybrid transaxle to the U.S.

Toyota West Virginia has begun production of the OEM’s fifth-generation hybrid transaxle — a core part of Toyota’s electrification strategy, according to a news release. Assembly of the new transaxles is a result of more [...]

2024-07-30T06:50:48-04:00July 30th, 2024|RDN News Feed|

U.S. lawsuit filed against National General, an Allstate Company, for forcing CPI on vehicles

The U.S. recently filed a civil complaint against National General Holdings Corp., an Allstate company, and its subsidiaries for allegedly erroneously force-placing collateral protection insurance (CPI) on vehicles financed through Wells Fargo, according to a [...]

2024-07-30T06:50:17-04:00July 30th, 2024|RDN News Feed|

AAA research: Traffic fatality rates remain elevated, despite return to pre-pandemic traffic levels

From May 2020 through December 2022, 114,528 people were killed in traffic crashes on U.S. roads, an estimated 16,771 (17%) more than would have been expected if the pandemic had not occurred and pre-pandemic trends [...]

2024-07-27T15:08:19-04:00July 27th, 2024|RDN News Feed|

Rate review saved Penn. residents $77.2M in auto insurance this year

Pennsylvania Insurance Commissioner Michael Humphrey says his department saved auto insurance policyholders in the state $77.2 million in the first six months of 2024 by reviewing rate increase proposals.  “Protecting Pennsylvania’s insurance consumers is a [...]

2024-07-27T15:07:48-04:00July 27th, 2024|RDN News Feed|

Virginia schools purchase technical training tools with state grants

Multiple high schools in Virginia are purchasing augmented reality systems to help their students learn welding and electronic vehicle systems through $600,000 in grants distributed by the Virginia Department of Education for Career and Technical [...]

2024-07-27T15:07:17-04:00July 27th, 2024|RDN News Feed|

Auto, road safety groups and insurance companies write in support of NHTSA new AEB rule

A group that includes auto and road safety advocacy organizations and insurance companies has written Congress in support of the National Highway Traffic Safety Administration (NHTSA)’s mandate that all vehicles will be equipped with two [...]

2024-07-25T14:57:14-04:00July 25th, 2024|RDN News Feed|

State Farm No. 1 in full-year 2023 premiums written, Q2 2024 new business climbs for Progressive

Ranked by 2023 total net premiums written (NPW), State Farm remains No. 1 property and casualty (P&C) underwriter in the U.S. based on AM Best rankings data compiled by Reinsurance News. State Farm’s total NPW [...]

2024-07-25T14:56:44-04:00July 25th, 2024|RDN News Feed|
Go to Top