The Florida insurance commissioner has returned nearly $6 million to insurance consumers in the state this year after penalizing insurance companies for failing to meet administrative regulations. According to the Tampa Bay Business Journal, the [...]
Progressive Marathon Insurance Co. has settled two consolidated class action lawsuits in Michigan for $71.8 million. The suits were filed separately in 2019 and 2022. The first alleged Progressive breached auto insurance policies by requiring [...]
Rivian Automotive has received a conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion for a new manufacturing facility in Georgia. [...]
The National Highway Traffic Safety Administration’s (NHTSA) early estimates show a decline in fatalities in nearly all subcategories, including pedestrian, speeding-related crashes, rollover crashes, and crashes involving unbuckled occupants during the first half of 2024, [...]
The Connecticut Department of Motor Vehicles (DMV) released a bulletin earlier this year that states only repairers or car dealers are in the business of repairing motor vehicles and they are expected to repair vehicles [...]
Ford and Lincoln have expanded available sectioning procedures to include a rear rail (rear side member) sectioning procedure for 2020-2025 Explorers and Aviators. During a live I-CAR session at this year’s SEMA Show, Ford Paint [...]
Progressive Insurance has launched a new safety feature, called Accident Response, to connect policyholders with emergency or tow services. The insurance company notes in a press release that the availability of the feature coincides with [...]
Thousands of laser welds have launched and come back from space proving the welds are strong enough not only for rockets but other industries, said Rex Alexandre, former senior welding engineer for SpaceX and principal [...]
The National Highway Traffic Safety Administration (NHTSA) has made changes to its new automatic emergency braking (AEB) rule after consideration of feedback from four OEM groups including one from the Alliance for Automotive Innovation (Auto [...]
The Texas legislature will reconsider a mandatory appraisal bill during the upcoming 2025 session that nearly passed the last session in 2023. Many car insurance policies include an appraisal clause that policyholders can invoke to [...]
