Industry News
Hybrid vehicles accounted for a record 22.8% of new vehicle registrations in California through the first nine months of the year, a new report shows. However, the Q3 2026 California Auto Outlook, published by Auto Outlook Inc. for the California …
Via: Claims Journal
The commercial cyber insurance market is strong and growing, but small to midsize businesses may be falling behind as cybercriminals ramp up AI efforts. “Cyber threats are evolving faster than many businesses can adapt, creating significant financial and operational challenges,” …
Via: Claims Journal
The horrific death of a man who was ejected from a Six Flags roller coaster in Georgia is drawing attention to the safety of amusement park rides that have become increasingly faster and steeper in their quest for the biggest …
Via: Claims Journal
The electric vehicle performed a series of aerial stunts for a crowd of onlookers.
Via: Claims Journal
A former claims adjuster has been charged with defrauding the Pennsylvania insurer he worked for by taking payment of nearly $1 million for an accident claim under the guise that he was with a law firm representing the claimant. Pennsylvania …
Via: Claims Journal
Duke’s Malibu has endured one disaster after another. The famed restaurant perched over the Pacific narrowly survived last year’s Palisades Fire, though smoke left it badly damaged. Five weeks later, a mudslide forced it to close for 13 months. Last …
Via: Claims Journal
A broad-based AI exclusion in insurance policies could create “real confusion and uncertainty,” Marsh CEO John Doyle said, calling for a more nuanced approach to assessing risks as the technology becomes increasingly embedded in business operations. Analysts and experts say …
Via: Claims Journal
Volvo Cars is expanding its partnership with Nvidia to develop a new generation of driver-assistance and automated-driving technology, the companies said on Thursday, as carmakers race to bring increasingly advanced hands-free driving features to market. The companies said Volvo would …
Via: Claims Journal
Non-economic factors have accounted for roughly half of liability claims growth in the U.K. in the last six years, according to a new report. The report from Swiss Re Institute, High U.K. Liability Claims Growth Could Increase Without Balanced Reforms, …
Via: Claims Journal
More than one-in-four taxi and rideshare vehicles had at least one unfixed recall, according to an analysis across 16 major U.S. cities. That rate was higher than the one-in-five vehicles nationwide with an open recall, a CARFAX analysis shows. In …
Via: Claims Journal