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Insurance Business

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

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News

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > how-brokers-can-help-clients-cut-their-car-theft-risk-before-it-hits-their-premium-586539.aspx

How brokers can help clients cut their car theft risk before it hits their premium

3+ week, 3+ day ago   (543+ words) Auto theft continues to be one of the more significant drivers of claims frequency and premium pressure in personal lines. Brokers who can walk clients through the practical steps available to them are not only adding value to the relationship…...

Insurance Business
insurancebusinessmag.com > us > news > auto-motor > ncoil-readopts-distracted-driving-model-law-as-states-report-doubledigit-crash-drops-586117.aspx

NCOIL readopts distracted driving model law as states report double-digit crash drops

4+ week, 2+ day ago   (473+ words) The National Council of Insurance Legislators (NCOIL) has readopted its Distracted Driving Model Act at its 2026 Summer National Meeting in Boston, keeping alive a model law that gives states a template for hands-free driving legislation. The readoption passed through both…...

Insurance Business
insurancebusinessmag.com > us > news > auto-motor > atv-recovery-rates-lag-far-behind-motorcycles-and-brokers-should-be-flagging-it-584743.aspx

ATV recovery rates lag far behind motorcycles and brokers should be flagging it

1+ mon, 1+ week ago   (450+ words) A new analysis from the National Insurance Crime Bureau (NICB) showed recreational vehicle thefts fell 20% in 2025, but that headline number tells only part of the story that matters to brokers. Buried in the recovery data is a set of statistics…...

Insurance Business
insurancebusinessmag.com > nz > news > auto-motor > motor-claims-inflation-is-structural-and-evs-arent-the-cause-582576.aspx

Motor claims inflation is structural and EVs aren't the cause

1+ mon, 3+ week ago   (176+ words) For two years, Australia's motor insurance conversation has circled a single culprit: electric vehicles (EVs), their unfamiliar parts and their unpriced risk. It's the wrong villain. The technology pushing up claims costs is now standard equipment in the petrol Ranger…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > insurers-push-broader-repair-laws-to-curb-motor-claims-costs-581847.aspx

Insurers push broader repair laws to curb motor claims costs

2+ mon, 3+ day ago   (737+ words) Insurance Business Insurers push broader repair laws to curb motor claims costs The industry says parts access, not just repair information, shapes repair costs and premiums Australia’s general insurers have told Treasury that the country’s Right to Repair scheme will…...

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > ibc-backs-national-trucking-database-call-after-fatal-manitoba-collision-579196.aspx

IBC backs national trucking database call after fatal Manitoba collision

2+ mon, 3+ week ago   (196+ words) The Insurance Bureau of Canada is backing calls for a national database for commercial trucking safety data, following a fatal collision in Manitoba involving a carrier that had its safety certificate revoked in the province five years ago but continued…...

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > manitobans-get-a-vote-on-new-mpi-license-plate-design-578347.aspx

Manitobans get a vote on new MPI license plate design

3+ mon, 2+ day ago   (285+ words) The Manitoba government is inviting residents to vote on the design of a new specialty license plate celebrating the province's provincial parks, with a portion of proceeds from every plate sold going to an endowment fund for park improvements. Five…...