auto insurance News
Apple Nears Road Testing Start of Self-Driving Car Software
Apple Inc. will soon take its self-driving car software platform to public streets for the first time, a major step that gets the world's largest technology company into a crowded race to reshape ...
The Latest Launches From Chubb, Liberty Mutual and RMS
Chubb is expanding its global clinical trial liability insurance coverage. Liberty Mutual is now giving premium discounts to auto insurance customers who drive a Volvo with advanced safety features. ...
State Farm’s Auto Underwriting Loss Soared to $7B in 2016; Profit Plunged
State Farm Mutual Automobile Insurance Co., the largest U.S. property-casualty insurer, said annual profit fell 94 percent on car insurance claims costs. Net income dropped to $400 million from $6.2 ...
Carriers Challenge CFA Over its No-Fault Auto Insurance Report
A national consumer group has charged that innocent drivers in most states are being forced to pay more for auto insurance for accidents in which they are not at fault. The report from the Consumer ...
Telematics-Based Car Policies in UK Reached New Highs During 2016
The number of live telematics policies in the UK exceeded three quarters of a million for the first time in 2016, according to annual research from the British Insurance Brokers' Association (BIBA). ...
Root Debuts; Carrier’s Smartphone App Helps Good Drivers Get Cheaper Rates
Root officially debuts in the U.S. market on Oct. 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer's smartphone to deliver what it says will be significantly ...
Allianz, Toyota, BMW Seal Data-Sharing Deal With Autonomous-Tech Firm
Global automakers Toyota, BMW and insurer Allianz will license technology from Silicon Valley start-up Nauto, which uses cameras and artificial intelligence systems in cars to understand driver ...
Takata, Automakers Explore Ways to Both Share and Limit Air Bag Liability
Takata Corp. and some of the world's biggest carmakers face an extensive -- and expensive -- to-do list as they try to resolve the worst safety crisis in the auto industry's history. Executives for ...