auto insurance News

Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases

The Florida Supreme Court has given auto insurers more flexibility in reducing payments for medical services under the state’s no-fault auto insurance law and may have finally put to rest years of questions about the much-debated statute. In answering a …

Tesla Autopilot Probed After 20 Crashes in Months Since Recall

The top US auto-safety regulator is again investigating Tesla Inc.’s Autopilot, this time over whether a fix deployed months ago did enough to stop people from misusing the system. The National Highway Traffic Safety Administration disclosed Friday that it’s opened …

Report: Claims Handlers Embracing Technology

Polling of U.K. and U.S. insurance claims handlers shows 95% are confident technology will significantly impact claims processing in the next five years. The polling by insurtech Sprout.ai shows 55% of respondents say they struggle with reviewing and processing claims …

The Cars of The Future Are Arriving. How Can Auto Insurance Adapt? It’s Complicated.

When cars began to hit American roads in great numbers a little more than a century ago, they did more than create a sense of freedom (and, eventually, traffic jams). They created new markets in a wide range of industries, …

EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs

Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK, where consumer uptake has stagnated for the better part of two years. A …

Travelers Survey: Distracted Drivers Making US Roads More Dangerous

Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024 Travelers Risk …

Probe Underway of Fatal Crash Inolving Ford Mustang With Assisted Driver System

The U.S. National Transportation Safety Board (NTSB) said on Wednesday it was opening an investigation into a March 3 fatal crash between a Ford F.N Mustang Mach-E and two stationary cars on the I-95 interstate highway in Philadelphia. In March, …

Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud

Few mechanics post photos of themselves on Venetian canals, brag about buying $30,000 artworks or frequent the George V Hotel in Paris and Chateau Marmont in Los Angeles. But this was the life Donnie Callaway portrayed via social media to …

Report: Autonomous Vehicle Jobs to Exceed 110k in U.S.

Autonomous vehicle deployment in the U.S. will lead to the creation of more than 114,000 jobs over the next 15 years to meet production, distribution, maintenance, upgrades and repair needs, a new report by a tech-industry policy coalition shows. The …

Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair

New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing repair times, trends that a new report asserts are “reshaping” the industries. The bottom-line message: Newer vehicles …