News
Tesla Premiums Soared in ’25; Loss Ratios 40 Pts. Worse Than Industry: Analysis
While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla's insurance ...
Driver Rescinds Guilty Plea in Deadly Wrong-Way Crash Into LA Sheriff’s Recruits
A driver has rescinded his guilty plea on charges related to a wrong-way crash that led to the death of a Los Angeles sheriff's recruit and injured other recruits who were out on a run, his lawyer ...
U.S. Indicts 2 Foreign Operators, Individual in 2024 Baltimore Key Bridge Collapse
The U.S. Justice Department said on Tuesday that a grand jury indicted two foreign operators and a shoreside superintendent in the March 2024 collision of the 984-foot cargo ship Dali that destroyed ...
GM to pay $12.75 Million to Settle California Driver Privacy Probe
GM has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold two data brokers detailed information about the driving habits of ...
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
You'd have to roll back the calendar a few decades to find a time when competitive moves by the nation's biggest auto and home insurer were described with the phrase, "The big dog is off the porch." ...
Farmers Insurance in California: HO Rates Up 1.5%; Bundlers Get 22% Discount
Farmers Insurance announced yesterday that the California Department of Insurance has approved the insurer's introduction of a new homeowners insurance rating plan, including elements from Insurance ...
10 Year Study Finds No Real Benefit to Common Knee Surgery
A widely performed knee procedure known as partial meniscectomy may not deliver the benefits many patients expect, according to a new study out of the University of Helsinki. In the 10-year clinical ...
Florida Insurer Safepoint Reveals 97% Revenue Surge in U.S. IPO Filing
Safepoint on Friday filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new listings from Florida-based insurers extends into 2026. ...