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News By Topic: Insurance News

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

November the most dangerous month for animal collisions

November the most dangerous month for animal collisions

The memory of hitting an animal while driving can be hard to forget, even for a very young child. It was a sunny morning. ... Continue reading

States With the Worst Drunk Driving Problems in 2021

States With the Worst Drunk Driving Problems in 2021

Since the 1980s, drunk driving has become less and less common in the United States, a trend reflected in a persistent drop in overall DUI arrests and fatalities over time. During this period, enforcement of DUI laws has grown more strict, which makes these statistical improvements more remarkable. ... Continue reading

Auto Insurance News: Automakers are about to shake up the auto insurance industry

Auto Insurance News: Automakers are about to shake up the auto insurance industry

BRUSSELS--Last week, Elon Musk announced Tesla’s intent to launch a UBI (Usage-Based Insurance) product in Texas, starting in October. This came after GM’s and Ford’s recent launches of telematics insurance programmes. ... Continue reading

NHTSA Car and Truck Recall Summary (Official) September 27, 2021

NHTSA Car and Truck Recall Summary (Official) September 27, 2021

The following may apply to one or more of your vehicles if your vehicle is listed below. Click on the NHTSA Recall ID Number below to read more about the safety issue and the reason for the recall.To find out if your specific passenger vehicle is included in the recall, use our VIN Look-up Tool. ... Continue reading

NHTSA Car and Truck Recall Summary (Official) September 20, 2021

NHTSA Car and Truck Recall Summary (Official) September 20, 2021

The following may apply to one or more of your vehicles if your vehicle is listed below. Click on the NHTSA Recall ID Number below to read more about the safety issue and the reason for the recall.To find out if your specific passenger vehicle is included in the recall, use our VIN Look-up Tool. ... Continue reading

How Can You Protect Your Motorcycle From Theft?

How Can You Protect Your Motorcycle From Theft?

Did you know that thefts of motorcycles in the United States of America are on the rise in the last couple of years? According to the famous National Insurance Crime Bureau, in 2016 there were more than 26,000 motorcycles reported stolen in the U.S., which was an increase of 2% from the previous year. The situation wor ... Continue reading

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