Claims / Legal
Despite Higher Insurance Costs, Risks, EVs Are Set to Dominate Roads in 2025
More car buyers are leaning toward purchasing an electric vehicle over a gas powered one, with 64 percent of consumers expected to choose an EV for their next vehicle, according to a report published ...
Wildfire, Hurricane Rebuilding Efforts Impeded By Tariffs: APCIA
American Property Casualty Insurance Association issued a statement on behalf of P/C insurance company members on Tuesday, the day that 25 percent tariffs on most goods from Canada and Mexico took ...
Progressive’s Margins Leave Room for Tariff Impacts; Others Ready Too
With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room to deal with the impacts of tariffs on car repair and replacement costs, the ...
Texas Lawsuit Alleges GEICO Ignores Accident Forgiveness Promise
A class action lawsuit filed in Texas alleges GEICO doesn't abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident ...
An Insurance Journalist’s Perspective on Southern California’s Wildfires
PART ONE OF A TWO-PART SERIES It was pitch black in the house and the power was off. The Santa Ana winds were howling. As planned, my wife, Jenny, gathered our two dogs and cat and scurried them into ...
California Wildfire Fund Could Shield Utility Balance Sheet From Fire Claims
California's $21 billion wildfire fund may shield Edison International's balance sheet if equipment owned by the company's electric utility is found to have caused a deadly Los Angeles fire last ...
Estimated No. of Vehicles Destroyed in California Wildfires Tallied
Newly released CARFAX data estimates that the destructive wildfires in Southern California destroyed up to 6,300 vehicles earlier this year. "It's heart-wrenching to witness the scale of destruction ...
Desert Freight Train Heists Yield $2M Worth of Nikes
Thieves have targeted freight trains running through the deserts of California and Arizona in a string of audacious heists resulting in the theft of more than $2 million worth of new Nike sneakers, ...