New ‘Insurance Report Card’ Allows Collision Repairers to Grade Insurers in Their States
By giving insurers a grade from “A+” to an “F,” shops can help CRASH Network bring this information to consumers so they know which insurers will treat them the best when they have a claim.
Broker: Self-Driving Cars to Cut US Insurance Premiums by 40%
Insurers are trying to assess the impact of automation on their biggest non-life insurance market as carmakers embrace the technology.
How Do So Many Get Away with Driving Uninsured?
Article in the Washington Times explains that in Missouri and Illinois, a driver can drop coverage after renewing license plates, drive around for the next two years and go penalty-free – unless they’re pulled over by a cop or have an accident.
Industry Panel to Discuss Importance of Pre- and Post-Repair Scans, Calibration/Recalibration at NACE | CARS
Mike Anderson will lead the panel in a discussion that will attempt to reduce the friction between shops and insurers by educating attendees about what does or does not need to be done and when.
New App Helps Fight Insurance Fraud
The Washington, D.C.-based Coalition Against Insurance Fraud has unveiled a new app that will provide investigators with instant access to critical information from anywhere in the field.
British Drivers Expect Insurance Discounts for Safety Gadgets
With drivers getting around $39 off their premiums if they have a dashcam, some have told a national car leasing company that the discount is nothing compared with the thousands that the devices save in accident payouts.
CARSTAR Names Top Insurance Award Winners
Shops identified for outstanding achievements in estimating, length of rental and customer satisfaction.
J.D. Power: Large US Auto Insurers Drag Industrywide Customer Satisfaction Down
The study examines customer satisfaction in five factors: interaction; policy offerings; price; billing process and policy information; and claims.
Nationwide Insurance Hit with $8M Bad Faith Judgment
The court also will be awarding as-yet undetermined attorney fees because Nationwide turned down a 2011 offer to settle the case for $4.5 million.
Insurance for Self-Driving Cars Now a Reality… in the UK
While the policy is currently only available in the U.K., it will likely set a precedent for other insurers around the world.
Usage-Based Auto Insurance Picking Up Speed
IHS Automotive predicts that 142 million customers will sign up globally for the telematics-infused policies by 2023, up from almost 12 million in 2015.
Groups Voice Opposition to California Department of Insurance Proposals
Auto body labor rate survey and steering regulations exceed the department’s authority, Insurance Journal states, and are examples of regulatory overreach that will ultimately drive up costs for consumers.