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According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …...
Read Full ArticleGeneral Motors plans to offer “eyes-off” autonomous driving on its highest-selling, most profitable vehicles — big pickup trucks and SUVs — as it seeks fresh revenue streams from heavy technology investments. Last year, GM said it would offer autonomous highway …...
Read moreA number of major insurance carriers are lowering personal auto and homeowners insurance rates in Connecticut, according to a review of recent rate filings by the state’s insurance department . The Connecticut Insurance Department (CID) identified 19 personal auto insurance …...
Read moreNew claims handling rules in Washington require insurers to follow updated rules that establish deadlines for responding to policyholders, conducting investigations, issuing denials and making payments. The rules, which took effect Oct. 18, require insurers to notify policyholders within 30 …...
Read moreThe Federal Emergency Management Agency has denied a request for federal aid to individuals needing help after the July 2026 floods in Texas, which swamped homes in Uvalde and damaged properties across Kerr County — in some cases for a …...
Read moreNew World screwworm has been found in an elk in Texas, marking the first confirmed case of the potentially deadly animal parasite in US wildlife. The pest, which infests livestock wounds, was detected in an elk on a game ranch …...
Read moreCamp Mystic, the Texas girls camp where 28 people were killed in flash floods last summer, must have a new management team to replace the family blamed for the deaths and settle lawsuits filed against the company, a judge ruled. …...
Read moreLouisiana Insurance Commissioner approved Progressive's request for a 6.6% average rate decrease for personal auto insurance customers in the state.
Read moreNancy L. Pierce, previously chief operating officer at GEICO, has been named the new chief executive officer of the major U.S. auto insurer.
Read moreProgressive Insurance launched Accident Response, powered by Cambridge Mobile Telematics, providing real-time crash detection and emergency response services to policyholders across the nation.
Read moreGEICO and fleet management company Motive have partnered to improve driver safety and reduce insurance costs for commercial fleets through telematics and AI-powered safety tools.
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