Federal Judge Dismisses Collision Repairers’ Racketeering Claims Against Insurance Companies
A federal judge has dealt a huge blow to a class-action lawsuit alleging that State Farm, Nationwide and other major insurers have engaged in fraud and extortion to suppress compensation rates for collision repairs.
J.D. Power: Erie Insurance Ranks Highest in Customer Experience Among Auto Insurers
Erie Insurance ranks highest among auto insurers in providing a satisfying purchase experience, according to the J.D. Power 2017 U.S. Insurance Shopping Study. Progressive didn’t do quite so well.
Self-Driving Vehicles Could Shift Insurance Liability to Automakers
In an interview with Insurance Business, David Lukens of LexisNexis Risk Solutions said mainstream adoption of autonomous vehicles likely will shift liability from the vehicle operators to the automakers.
Insurance Auto Auctions Launches Search Tool for Salvage Vehicle Industry
With more than 30 vehicle search and filter options, IAA Fast Search complements recently announced enhancements to the company’s Vehicle Details feature on IAAI.com.
Nationwide Insurance Awards $50,000 to Six Collision School Grants Through Collision Repair Education Foundation
Six schools were supported through these Nationwide school grants, which will help fulfill the schools’ collision programs’ wish list of needed tools, equipment and supplies.
Insurance Industry Preparing to Address Autonomous Boats
Like autonomous cars, autonomous boats have “moved past the drawing board” and into the test phase, and insurers are struggling with risk assessment in terms of safety and reliability.
Insurance Auto Auctions Launches Revamped Vehicle Details Page
The goal of the new web page is to help customers assess vehicle value more quickly and make better-informed bidding and buying decisions.
Insurance Exec Joe Laurentino Receives I-CAR Founder’s Award
Joe Laurentino, immediate past chairman of the I-CAR International Board of Directors, recently received the Founder’s Award for his dedication and service to I-CAR.
CARSTAR North American Insurance Team Hosts PBA Summit in Charlotte
The goal of the first-ever summit was to figure out how to drive best practices in insurance performance across the border.
Liberty Mutual Auto Insurance Rates Headed Higher as Collisions Dent Fourth-Quarter Profits
Executives from Liberty Mutual Insurance acknowledged that the company will continue to raise auto insurance rates to offset an uptick in the frequency and severity of auto claims.
