auto insurance News
State Farm Testing Blockchain Tech for Auto Claims-Related Subrogation
State Farm said it is testing a blockchain product for auto claims-related subrogation. Subrogation is typically the last part of an insurance claims process, where one insurance company recovers ...
Wells Fargo Says It Won’t Finish Paying Back Auto Insurance Customers Until 2020
Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by ...
Crackdowns on Distracted Driving Are Spreading
Like many diligent public servants, Georgia state Representative Ed Setzler enjoys crowing about a nice, tidy highway project. In a Sept. 8 Facebook video, the Republican appeared to be doing just ...
Clearcover Email Marketing Account Hacked, Used to Send ‘Hateful and Obscene’ Emails
A Clearcover email marketing account was hacked early Monday, exposing an undetermined number of client email addresses to "hateful and obscene" messages, the data-driven auto InsurTech startup ...
Credit Karma Jumps Into Insurance With Debut of Auto Policy Service
Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies. The tool ...
P/C Insurers See Trump Tariffs Spiking Costs for Auto and Home Coverage
As U.S. President Donald Trump's administration continues to slap tariffs onto all kinds of consumer products, property/casualty insurers are increasingly concerned how some of these actions will ...
Root Insurance Raises $100M; Money Will Propel Continued Hiring Push, National Expansion
Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global ...
Trump’s Auto Efficiency Rollback Makes Safety Claims; Experts Are Wary
The Trump administration intends to brand its rollback of Obama-era fuel economy requirements as a life saver, literally -- even labeling it the "Safer and Affordable Fuel Efficient Vehicles Rule." ...