More Than Two Dozen Charged in Staged California Collision Auto Insurance Fraud Scheme
The suspects allegedly submitted 26 fraudulent insurance claims totaling more than $140,000. Once the insurers paid the claim, the suspects pocketed the proceeds and did not repair damaged vehicles.
Report Finds Self-Driving Cars May Create Long-Term Challenges for Auto Insurers
Report notes that once self-driving cars are mainstream, accident frequency will fall sharply, translating into significantly lower premiums and lower profits for auto insurers.
ABPA Denounces Recent Auto Body Repair Legislation in Maryland
Association says Maryland House Bill 1258, which would require repairers to use only OE parts for repairs made during the first two years after a vehicle’s date of manufacture, will limit consumer choice.
Michigan and Maine Continue to Reign as Most and Least Expensive States for Car Insurance
The ranking found Maine remains the cheapest state in the country for the second year in a row with an average annual policy price of $807, while Michigan is the most expensive state with an average rate annual premium of $2,738.
North Carolina Auto Body Shops Now Have to Charge Labor Tax
Tax rate of 6.75 percent on all labor could lead to more total losses and higher insurance premiums.
Liberty Mutual Insurance and Subaru Launch New App to Promote Safe Driving
In the near future, SUBARU STARLINK users will also receive accident scene assistance, weather alerts and roadside assistance directly to their connected vehicle.
Pennsylvania Insurance Commissioner Reminds Consumers That Insurers Can’t Add Surcharge for Deer-Related Crashes
Teresa Miller tells Pennsylvanians that any crash involving a deer is considered a not-at-fault accident.
Survey Finds Millennials Leading Charge for Usage-Based Auto Insurance
According to the findings, more Millennials (88 percent) expressed interest in taking out a usage-based insurance policy than all other age groups (74 percent).
Tips for Selling Your Auto Body Shop
Will an MSO just show up at your door someday soon with a hefty check and a hearty handshake and want to buy your life’s work for big bucks? For most single-location, independent body shops, that’s an unlikely scenario.
State Farm Auto Insurance Lawsuit to be Heard in Louisiana
The suit, filed in Louisiana’s 19th Judicial District Court, alleges State Farm violated Louisiana’s Unfair Trade Practices Act and Monopolies Law.