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News By Topic: Insurance News

In 2020 There Were More Vehicle Fatalities Since 2007 - Roads Are Getting More Dangerous

In 2020 There Were More Vehicle Fatalities Since 2007 - Roads Are Getting More Dangerous

by Nick VinZant | November 11, 2021 | 5 min. read America’s roads are getting more dangerous. ... Continue reading

ADAS Update - ADAS Cold Be A Non-Emotional Reason To Buy A New Car - LexisNexis Risk Solutions ADAS Effect Report

ADAS Update - ADAS Cold Be A Non-Emotional Reason To Buy A New Car - LexisNexis Risk Solutions ADAS Effect Report

ATLANTA, Nov. 9, 2021 -- LexisNexis® Risk Solutions today announced a new analysis of the relationship between Advanced Driver Assistance Systems (ADAS) features and U.S. auto insurance claims, which counters common insurance industry sentiment that ADAS repair costs offset ADAS loss cost benefits. ... Continue reading

OFFICIAL NHTSA RECALLED VEHICLE SUMMARY NOVEMBER 8 2021

OFFICIAL NHTSA RECALLED VEHICLE SUMMARY NOVEMBER 8 2021

Your vehicle MAY be involved in a safety recall and MAY create a safety risk for you or your passengers. If left unrepaired, a potential safety defect could lead to injury or even death. ... Continue reading

2022 Hyundai Santa Cruz earns IIHS Safety Award - Official Notification

2022 Hyundai Santa Cruz earns IIHS Safety Award - Official Notification

The new 2022 Hyundai Santa Cruz crew cab, a small pickup, earns a Top Safety Pick award from the Insurance Institute for Highway Safety, when equipped with specific headlights. To qualify for either of the Institute’s two awards, vehicles must earn good ratings in six IIHS crashworthiness evaluations, including the d ... Continue reading

2021 Mazda CX-5 Only Small SUV to Achieve Highest Rating in New IIHS Side Impact Test

2021 Mazda CX-5 Only Small SUV to Achieve Highest Rating in New IIHS Side Impact Test

WASHINGTON, DC (Oct. 27, 2021) – The Insurance Institute for Highway Safety (IIHS) announced today that the Mazda CX-5 achieved the highest performance and was the only vehicle out of 20 small SUVs to earn its top “Good” rating in a new, tougher side crash test. ... Continue reading

Best Car Technologies of the Last Decade

Best Car Technologies of the Last Decade

The automotive industry has seen a lot of disruptive innovation over the past ten years. Smart gadgets, electric cars, advanced safety systems, and other car technologies have completely transformed the driving experience. ... Continue reading

Auto Insurance Claim Satisfaction Rises on Combination of Soaring Vehicle Values and Growth of Straight-Through-Processing Claims Management, J.D. Power Finds

Auto Insurance Claim Satisfaction Rises on Combination of Soaring Vehicle Values and Growth of Straight-Through-Processing Claims Management, J.D. Power Finds

The nationwide surge in used vehicle prices has given an unexpected boost to auto insurance customers who experience a total loss—their vehicles might be worth more than they thought. This phenomenon of higher replacement values, combined with advancements in straight-through-processing (STP), has driven customer sat ... Continue reading

IIHS Crash Tests: 20 Small SUVs Tested, Only Mazda CX-5 Earns Good Rating - See Complete Results

IIHS Crash Tests: 20 Small SUVs Tested, Only Mazda CX-5 Earns Good Rating - See Complete Results

Only one out of 20 small SUVs earns a good rating The Insurance Institute for Highway Safety is introducing a new, tougher side crash test to address higher-speed crashes that continue to cause fatalities. In the first tests of 2020-21 vehicles, only one out of 20 small SUVs, the 2021 Mazda CX-5, earns a good rating. ... Continue reading

Joyride Autos Brings on Chief Product and Technology Officer to Scale Marketplace for Undervalued Vehicles

Joyride Autos Brings on Chief Product and Technology Officer to Scale Marketplace for Undervalued Vehicles

SAN FRANCISCO--Joyride Autos, the nation’s fastest growing online auction platform and marketplace for undervalued vehicles, today announced that it has brought on John D. Krupnik as the company’s first chief product and technology officer. Krupnik joins Joyride from Insurance Auto Auctions , where he served as chi ... Continue reading

NHTSA RECALLS - Official Weekly Summary October 18, 2021

NHTSA RECALLS - Official Weekly Summary October 18, 2021

Your vehicle MAY be involved in a safety recall and MAY create a safety risk for you or your passengers. If left unrepaired, a potential safety defect could lead to injury or even death. ... Continue reading

Nutson's Weekly Auto News Wrap-up: October 10-16, 2021

Nutson's Weekly Auto News Wrap-up: October 10-16, 2021

Below are the past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-digest news nuggets. ... Continue reading

IIHS: Brighter Headlights Save Lives

IIHS: Brighter Headlights Save Lives

The headlight ratings program developed by the Insurance Institute for Highway Safety is reducing dangerous nighttime crashes in the real world, a recent study shows. Nighttime crash rates per mile are nearly 20 percent lower for vehicles with headlights that earn a good rating in the IIHS evaluation, compared with tho ... Continue reading

NICB Releases Annual 'Hot Wheels' Report: America's Top Ten Most Stolen Vehicles

NICB Releases Annual 'Hot Wheels' Report: America's Top Ten Most Stolen Vehicles

DES PLAINES, Ill., Oct. 12, 2021 -- The National Insurance Crime Bureau (NICB) today released its annual Hot Wheels report identifying the top 10 most stolen vehicles in the United States in 2020. ... Continue reading

USAA Increases Minimum Pay to $21 per Hour for All Employees

USAA Increases Minimum Pay to $21 per Hour for All Employees

SAN ANTONIO, Oct. 11, 2021 -- USAA today announced that it's increasing minimum pay from $16 to $21 per hour, or $43,680 annually. ... Continue reading

Investors Take Dealer Software Maker Tekion's Value to $3.5 Billion

Investors Take Dealer Software Maker Tekion's Value to $3.5 Billion

Tekion, innovator of the Automotive Retail Cloud™ (ARC), the first and fastest end-to-end cloud-native automotive SaaS platform, today announced a Series D financing round of $250 million, driving Tekion’s valuation to $3.5 billion. The funding round was led by Alkeon Capital and co-led by Durable Capital. ... Continue reading

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